Business

The Indian currency had breached the crucial 68 level and came within a whisker of a historic low against the dollar last week.

SBI's Ecowrap report said states earn an additional revenue of Rs 2,675 crore over and above the budget estimates for every USD 1/barrel increase in oil prices

In absolute terms, the gross NPAs or bad loans of the Bank reached Rs 62,328.46 crore as on March 31, 2018, sharply up from Rs 52,044.52 crore a year ago.

TCS market valuation had earlier this year went past the Rs 6 lakh crore level, making it the second company to achieve the milestone after Reliance Industries.

Nasscom Chairman Rishad Premji asserted that of the 65,000 H1B visas issued every year, the Indian IT industry uses less than 10,000, adding that 70 per cent of visas go to Indians but they do not go to Indian companies.

Reports had said a whistleblower has written to market regulator Sebi complaining against Infosys and raised questions around the company signing agreements for mutual release of claims with three of its former three directors, including ex-Chairman R Ses...

The move to divert fuel from coal starved power projects would take a heavy toll on the already ailing sector, they said, adding the government continues to back PSUs at the cost of independent power producers in coal allocation.

Asian shares were mixed after US President Donald Trump cancelled a planned meeting with North Korean leader Kim Jong Un.

Besides selling of the American currency by exporters and banks, weakness in the dollar against some other currencies overseas propped the rupee, the said.

The meeting comes days after Walmart approached the Competition Commission of India (CCI) for approval of its proposed acquisition of a majority stake in e-commerce major Flipkart.

The defaulters, Amit Upadhyay (40) and Asad Anwar Sayed (42), were sent in judicial custody for 15 days by a local court, a GST official said in Mumbai.

Online sales rose 33 per cent in the first quarter, a strong showing following a disappointing 23 per cent increase in the final quarter of last year. Wall Street punished the company for the end-of-year e-commerce performance, sending company shares plun...

On May 9, Walmart Inc said it is buying a 77 per cent stake in Indian e-commerce retailer Flipkart for about USD 16 billion, but it is yet to disclose financing plans.

"Taxing agriculture income has always been under consideration of successive governments. We have to first ensure that our agriculture become productive and is put on a modern scientific basis," Niti Aayog Vice Chairman Rajiv Kumar said in a tweet.

The world's largest steelmaker ArcelorMittal barely two months back elevated Aditya to the key position of Group President in addition to his role as Group CFO and CEO, Europe.

With finance ministry refusing to cut excise duty to give relief to the common man from petrol hitting a 55-month high of Rs 74.63 a litre and diesel at a record high of Rs 65.93, oil PSUs have not changed fuel rates since April 24.