Business

There are six public sector non-life insurers. In addition, the sole national re-insurer is the General Insurance Corporation of India (GIC Re). A reinsurance company is one that purchases claims from insurance companies to spread the risk more evenly thr...

Commerce and Industry Minister Nirmala Sitharaman on Monday indicated that start-ups may get additional tax benefits in the forthcoming budget, to be unveiled on February 1.

A day after the announcement of N Chandrasekaran as the new Chairman of Tata Sons, Ratan Tata on Friday said the appointment is a "well deserved recognition of his proven leadership capabilities" and although the job is complex he will take the group to n...

The benchmark Sensex zoomed about 107 points to 27,354.08 in early trade on Friday, continuing its rally for the fourth straight session, on the back of positive macro-economic data and encouraging corporate earnings.

Stocks came off their highs on Wednesday as comments by US President-elect Donald Trump weighed on prices on early Wall Street, dragging European markets down with them.

Two investment firms owned by the family of Cyrus Mistry on Wednesday filed a contempt application at NCLT against Tata Sons and its directors including Ratan Tata, alleging violation of the tribunal's order in initiating steps to remove him from the boar...

The rupee on Tuesday surrendered most of its early strong gains but eventually managed to end higher by three paise at 68.18 against the American currency in a range bound trade amid weak dollar overseas.

In a major restructuring, e-commerce major Flipkart on Monday brought all its units under an umbrella firm and elevated Binny Bansal as Group Chief Executive Officer.

As of January 8, only around Rs 75,000 crore of the total currency demonetised remains unreturned into the banking system, the Indian Express reported on Monday citing a “top official”.

Forex dealers said besides selling of the American currency by exporters and banks, the falling fortunes of the dollar against others overseas gave the rupee an upperhand.

Stalemate over GST continued with states hardening their positions on issues like territorial jurisdiction over high sea sales and control over tax assessees, even as Finance Minister Arun Jaitley hoped these matters would be resolved at the next GST Coun...

Industrialists Sunil Munjal and Saroj Poddar have joined hands to buy early investor Nikhil Vora’s partial stake in digital payments startup Paytm, The Economic Times reported Tuesday citing sources.

Viral P Acharya, who joins the Reserve Bank of India as a Deputy Governor, has strongly argued for central banks being “democratically accountable yet be operationally independent from political influence.”

Simplification and reduction in personal income tax rates and harmonisation of customs duties to global levels in a bid to boost economic activities were favoured by economists at a meeting chaired by Prime Minister Narendra Modi at Niti Aayog.

Uncertainty over the rollout date of GST notwithstanding, the National Academy of Customs, Excise and Narcotics (NACEN) has already trained about three-fourth of the targeted 60,000 field officials who would be instrumental in implementing the new indirec...

The fate of Nusli Wadia was decided at the extraordinary general meeting (EGM) on Wednesday.