Business

New Delhi: Gross GST collections increased by 6.2 per cent to over Rs 1.84 lakh crore in June but slipped below the Rs 2 lakh crore mark recorded in the previous two months. Gross GST collections stood at Rs 1,73,813 crore a year ago, as...

New Delhi: The central government Tuesday approved an Employment Linked Incentive scheme with an outlay of Rs 1.07 lakh crore to create 3.5 crore jobs over the next two years through social security schemes run by the retirement fund body EPFO. The ELI scheme to...

New Delhi: Bangladesh made its single largest payment of USD 437 million in June, clearing pending dues, including carrying costs, and issues related to the power purchase agreement, reaffirming the Indian conglomerate's asset as a reliable and cost-competitive power source for meeting the country's growing...

New Delhi: Automakers Maruti Suzuki and Hyundai Motor India reported a double-digit drop in vehicle dispatches in July amid a demand slowdown in the domestic market. Mahindra & Mahindra saw an increase in dispatches to dealers last month, while Tata Motors witnessed a dip compared...

New Delhi: Hectic negotiations between India and the US will enter the sixth day Tuesday in Washington, with the talks reaching a crucial stage and New Delhi demanding greater market access for its labour-intensive goods, an official said. The Indian team, headed by special secretary...

New Delhi: Union Cabinet Tuesday approved the Research Development and Innovation Scheme with a corpus of Rs 1 lakh crore to spur private sector investment in research. The scheme, approved by the Cabinet at a meeting chaired by Prime Minister Narendra Modi, aims to encourage...

In the evolving world of tech hiring, the humble coding test is undergoing transformation. Once seen as a filter to screen candidates, it's now becoming a strategic tool that helps organisations hire faster and smarter. The future of coding tests lies in identifying strong coders...

Mumbai: Benchmark stock indices Sensex and Nifty closed higher in a range-bound trade Tuesday following gains in Reliance Industries and HDFC Bank. The 30-share BSE Sensex rose by 90.83 points or 0.11 per cent to settle at 83,697.29 with 13 of its constituents closing higher...

New Delhi: Prime Minister Narendra Modi asserted Tuesday that the Digital India initiative launched a decade ago bridged the digital divide between haves and have-nots, and democratised opportunity, stressing that it has become a people's movement. In a post on LinkedIn, he said while decades...

New Delhi: The price of jet fuel (ATF) was sharply increased by 7.5 per cent Tuesday, while the cost of LPG used in commercial establishments was reduced by Rs 58.50 per cylinder, reflecting shifts in international benchmark rates. After three rounds of price cuts, aviation...