Business

New Delhi: The government has launched the Pradhan Mantri Viksit Bharat Rozgar Yojana (PMVBRY) portal Monday, Union Minister Mansukh L Mandaviya said, urging employers and first-time employees to take benefit of the Rs 1-lakh crore central scheme. The Union Cabinet approved the Employment Linked Incentive...

New Delhi: The 18 per cent tax slab is expected to remain the major contributor to GST revenues if the Centre's proposal for a two-tier GST structure and a special 40 per cent rate is implemented, according to a source. At present, the Goods and...

New Delhi: Amid concerns about the revenue impact of the Centre's pro-middle-class 'Next Gen GST' with a proposed two-slab structure, government sources clarified that the Centre is an equal partner in revenue sharing with the states and that its proposal anticipates a revenue boost over...

New Delhi: Finance Minister Nirmala Sitharaman will Wednesday address a crucial meeting of a group of ministers of states as she makes a case for the sweeping GST reforms that will slash tax rates and lead to reduction in prices of common use items. The...

By Arindam Ganguly, OP Bhubaneswar: Odisha’s seafood industry has plunged into deep crisis after the US government imposed a steep 50 per cent tariff on all Indian imports. The move, announced by President Donald Trump in retaliation for India’s continued oil trade with Russia, has...

Mumbai: Stock markets rose sharply Monday powered by heavy buying in auto and consumer durables stocks, buoyed by plans for big bang reforms in the GST regime by Diwali and S&P upgrading India's sovereign credit rating. Extending the morning gains, the 30-share BSE Sensex further...

New Delhi: Homegrown JSW Steel and the POSCO Group of South Korea have joined hands to explore setting up a 6 million tonnes per annum (MTPA) steel plant in India. As part of the next steps, JSW and POSCO will undertake a detailed feasibility study...

New Delhi: Plans for big bang reforms in the GST regime by Diwali, the Putin-Trump summit and S&P upgrading India's sovereign credit rating are likely to instil optimism in the domestic equity market in the week ahead, analysts said. Besides, trends in global markets and...

New Delhi: The combined market valuation of five of the top-10 most valued firms increased by Rs 60,675.94 crore last week, with State Bank of India and HDFC Bank emerging as the lead gainers in line with a positive trend in equities. In a holiday-shortened...

New Delhi: Foreign investors offloaded Indian equities worth nearly Rs 21,000 crore in the first half of August, pressured by US-India trade tensions, lacklustre first-quarter corporate earnings, and a weakening rupee. With this, the total outflow by Foreign Portfolio Investors (FPIs) in equities reached the...