Business

IT companies can protect the jobs of youngsters if senior executives take pay cuts, said Infosys co-founder NR Narayana Murthy.

The CBDT is mulling expanding the scope of its policy of "naming and shaming" of tax defaulters by sharing such data with banks and credit-rating agencies.

Asian shares scaled two-year highs on Thursday while the dollar and US bond yields slipped after the US Federal Reserve signalled a cautious approach to future rate hikes and the reduction of its $4.5 trillion of bond holdings.

To encourage intra-regional connectivity, he said the stakeholders should send their views on whether to include a route between two airports which are neither under-served, nor un-served under the scheme.

Besides, the industry body said the forging of strategic partnership for defence under the 'Make in India' initiative, cleared by the Cabinet today, will give a fillip to indigenisation of India's defence industry and pave the way for greater transfer of...

The rupee edged higher by 9 paise to 64.80 against the dollar in early trade on Wednesday at the Interbank Foreign Exchange on fresh selling of the US currency by banks and exporters.

The government is likely to introduce in the monsoon session of Parliament a separate bankruptcy law to deal with insolvency in financial sector companies that include banks and NBFCs.

A proposal in this regard, which was mooted by the Ministry of Skill Development and Entrepreneurship, has been accepted by the HRD Ministry

Motorcycles of more than 350 cc engine capacity will attract a total of 31 percent tax under the GST regime, same as the tax incidence on private aircraft and luxury yachts.

All the BSE sectoral indices led by technology, power, FMCG, IT, consumer durables and healthcare were in the positive terrain, with gains of up to 0.66 per cent.

The Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which markets the Amul brand of milk and dairy products, is expecting 20 per cent sales growth in 2017-18, a company official said in Kolkata on Saturday.

The apex Indian IT industry body Nasscom on Friday dismissed reports appearing in a section of the media about mass layoffs by software firms.

Finance chiefs from many of the world's leading rich nations pressed the United States on Friday not to break a decades-long global consensus in areas such as trade and financial regulation criticised by US President Donald Trump.

India's wholesale prices rose 3.85 percent year-on-year in April, government data showed on Friday.

Infosys has deferred salary hikes for employees to July and even later in case of senior executives as the Indian tech industry struggles to cope with uncertain environment and visa-related issues in key markets like the US.

India's consumer inflation is expected to have eased to a three-month low in April, helped by smaller rises in food prices, but with a summer rebound in prospect the Reserve Bank of India (RBI) is likely to keep interest rates on hold.