Business

New Delhi: Motor vehicle tax is compensatory in nature and if a vehicle is not used or not kept for use in a 'public place', then its owner should not be burdened with motor vehicle tax for such period, the Supreme Court has said. A...

New Delhi: India is pushing rice exports to the world's largest importer of the commodity -- the Philippines -- and to tap the opportunity, a large delegation of leading exporters will visit the Southeast Asian nation next month, an official said. The Philippines is an...

New Delhi: Foreign investors pulled out Rs 34,993 crore (around USD 4 billion) from Indian equity markets in August, making it the sharpest sell-off in six months, weighed down by US tariffs on Indian exports and pricey domestic valuations. The withdrawal was nearly double the...

New Delhi: The combined market valuation of eight of the top-10 most valued firms eroded by Rs 2,24,630.45 crore last week, with Reliance Industries and HDFC Bank taking the biggest hit, in-line with a bearish trend in equities. Last week, the BSE benchmark dropped 1,497.2...

New Delhi: The government is working on an action plan to mitigate the impact of a steep tariff hike of 50 per cent imposed by the US on Indian shipments, Economic Affairs Secretary Anuradha Thakur said. "There are certain employment-heavy sectors which do have exposure...

New Delhi: The Department of Posts (DoP) has suspended all types of postal articles, including letters, documents, and gifts, valued up to $100, to the United States. In its earlier notification, DoP had decided to temporarily suspend booking of all types of postal articles, except...

New Delhi: In today's era of terrorism, regional conflicts and tariff war, India's military can't afford to depend on uncertain foreign supplies and self-reliance in defence is central to shield the country's strategic autonomy, Defence Minister Rajnath Singh said Saturday. In an address at a...

Noida: Union Electronics and IT Minister Ashwini Vaishnaw Saturday inaugurated the country's first tempered glass factory set up by Optiemus Infracom in Noida. Optiemus has partnered with US material technology firm Corning for making the tempered glass that are used as protective layer for mobile...

New Delhi: Commerce ministry is working on short, medium, and long-term action plans to help exporters deal with the steep 50 per cent US tariffs imposed on Indian goods entering Washington, an official said. Several special economic zone policy flexibility norms are also under consideration,...

New Delhi: The bilateral trade between India and China has been growing at a healthy rate, but the trade gap remains sharply tilted in Beijing's favour. India has time and again flagged its concern over the ballooning trade deficit and the non-trade barriers faced by...