Business

E-commerce companies will from October 1 have to deduct 1 per cent tax collected at source (TCS) before making payments to their suppliers. The Central Board of Indirect Taxes and Customs (CBIC) has come out with a list of 29 FAQs answering industry queri...

Front-month Brent crude futures were at $82.23 per barrel at 0650 GMT, up 89 cents, or 1.1 percent from their last close, and just off Tuesday's four-year high.

Investor sentiment was briefly boosted after the government Wednesday raised import duties on 19 items, including jet fuel and air conditioners, as it looks to check the widening current account deficit resulting from high crude oil prices and the rupee d...

The festive sale not only brings in discounts and deals for customers but is also an annual showdown of sorts between the two largest players -- Flipkart and Amazon India.

The Indian government estimates that the measures, including exempting investors from withholding tax for offshore rupee-denominated (masala) bonds and allowing Indian banks to become market-makers, will increase capital inflows by USD 8-10 billion, or 0....

The former finance minister also claimed that though export credit had declined from Rs 39,000 crore in June, 2017, to Rs 22,300 crore in June, 2018, the government thinks that it is taking steps to boost exports.

The sharp downward swing was led by NBFCs and DHFL in particular as it crashed over 50% as investors pulled out fearing a liquidity crisis.

Market analysts said that trade war escalation issues between US and China, increasing crude oil prices and depreciating rupee against the dollar have dampened sentiments.

That would mean no easing of tensions between the world's top two economies for many years after President Donald Trump has left office.

IRCON International is a 99.7% government-owned company under the Ministry of Railways and specialises in major infrastructure projects, including, railways, highways, development of industrial areas and other infrastructure activities.

The valuation of RIL plunged by Rs 15,180.46 crore to Rs 7,94,074.52 crore, while that of Tata Consultancy Services (TCS) dipped by Rs 6,278.86 crore to Rs 7,89,949.92 crore.

Not so fast, say brokers and analysts, who warn shares have further to fall due to US-China trade squabbling, slowing Chinese economic growth, and a government crackdown on debt that is drying up liquidity.

The latest outflow comes following a net infusion of close to Rs 5,200 crore in the capital markets, both equity and debt, last month and Rs 2,300 crore in August.

In an interview to CNBC TV18, Rajan said it was important for the RBI to continue to give signal that it would keep inflation under check as he hoped that the rupee would not go in for a free fall.

According to China's State Administration of Foreign Exchange (SAFE) Foreign exchange reserves fell by 0.26 per cent in August after a two-month gaining streak in June and July.

The lack of saving is likely linked to low knowledge of how much money is needed in retirement, as well as many prioritising their immediate financial situation over planning for their older years, according to HSBC's report.