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Trump has been ‘weak, chaotic’ with China on trade: Biden

WASHINGTON: US President Donald Trump has been "weak and chaotic" with China on trade and could not lead an effective strategy to...

Lee Kun-Hee, force behind Samsung’s rise, dies at 78

SEOUL, South Korea: Lee Kun-Hee, the ailing Samsung Electronics chairman who transformed the small television maker into a global giant...

Sebi bans Yash Birla from market for 2 years

MUMBAI: Regulator Sebi has banned Yashovardhan (Yash) Birla from the market for two years. The action is due to misutilisation...

Banks may see flat to lower Q2 bad loans

MUMBAI: Banks are expected to post a flat or lower level of non-performing assets (NPAs) in the quarter ended September 2020. This...

Government extends I-T returns deadline till December 31

NEW DELHI: The government on Saturday extended the deadline for filing income tax returns by individual taxpayers for fiscal year 2019-20 to December 31,...

ICICI Bank shuts down operations in Sri Lanka

NEW DELHI: ICICIBank on Saturday said it has shut down operations in Sri Lanka after getting approval from the Sri...

Vedanta approves first interim dividend for FY21 days after failed delisting...

NEW DELHI: Vedanta Ltd on Saturday said its board has approved the first interim dividend of Rs 9.50 per equity...

Franklin Templeton needs unit holder approval for scheme wind-ups: Court

NEW DELHI/MUMBAI: The Karnataka high court ruled on Saturday that Franklin Templeton Mutual Fund will need to seek approval from...

Defence canteens to ban import of finished goods

NEW DELHI: In a major blow to companies ranging from FMCG and liquor to consumer durables and footwear, the government-controlled Canteen Stores Department

ITR filing last date: Deadline for filing ITR by individual taxpayers,...

NEW DELHI: The government on Saturday extended the deadline to file income tax (I-T) returns by individual taxpayers till December...

Ant Group IPO pricing ‘history’s largest’, says Alibaba’s Jack Ma

SHANGHAI: The mammoth dual listing for Chinese fintech giant Ant Group will be the world's biggest, according to a pricing determined on Friday night,...

Despite pandemic IL&FS expects to address over Rs 50,000 crore debt...

NEW DELHI: IL&FS Board is hopeful that it will be able to address the targetted debt of over Rs 50,000 crore in...

Aditya Birla Fashion to sell 8% to Flipkart for Rs 1,500...

Bengaluru: Aditya Birla Fashion and Retail (ABFR) has entered into a commercial pact with Flipkart where it will raise Rs...

India has kept climate pledge, says Pradhan

The government has stepped up engagement with global energy giants, with PM Narendra Modi scheduled to interact with top CEOs and ministers...

Second wave of Covid-19 could hamper nascent recovery: RBI governor

MUMBAI: The Reserve Bank of India (RBI) governor Shaktikanta Das has said the risk of a second wave of COVID-19 could put sand in...

Gold premiums rise as jewellers boost festive stocks

BENGALURU/MUMBAI: Gold premiums in India jumped to their highest in nearly three months this week, as jewellers continued to stock up on...

No more scotch? India moves to ban imported goods at military...

NEW DELHI: India has ordered its 4,000 military shops to stop buying imported goods, according to a document reviewed by Reuters, a...

India’s refinery processing limps to six-month peak

NEW DELHI: Crude oil processed by Indian refiners hit the highest in six months in September, in another sign that...

Government resorts to stock limit to check rising onion prices

NEW DELHI: The government on Friday invoked the stock limit norms under the Essential Commodities Act for onions as prices continued to increase across...

GST compensation shortfall: Centre borrows, transfers Rs 6,000 crore to 16...

NEW DELHI: The Centre has borrowed and transferred Rs 6,000 crore as the first tranche of GST compensation shortfall to 16 states...

Rate cut will depend upon moderation in inflation: RBI governor Shanktikanta...

MUMBAI: Reserve Bank of India (RBI) governor Shaktikanta Das has said that there is room for rate cut but

Government invokes stock limit norms for onions to check prices

NEW DELHI: In order to bring down onion prices that are ruling over Rs 75 per kg in some places, the government...

Facebook’s public policy head Ankhi Das appears before Parliament committee

NEW DELHI: Facebook's public policy head (India, South and Central Asia) Ankhi Das appeared before the panel on the issue of data security

H1b visa news: Trump’s executive order on visas for foreign workers...

WASHINGTON: US President Donald Trump's executive order restricting entry of skilled foreign workers into the country, mainly on H-1B and L1 visas,...

‘Entertainment, media in India will be worth $55 billion by 2024’

NEW DELHI: A report on the prospects of growth in the media and entertainment industry by Pricewaterhouse-Coopers said Indian entertainment and media segments will...

Government against umbrella entity for e-payments

NEW DELHI: The government has expressed concern over the proposed new umbrella entity for retail payments resulting in a mechanism that is controlled by...

Moderna vaccine update: Moderna completes enrollment in large Covid-19 vaccine study...

NEW DELHI: Moderna Inc said on Thursday it had completed the enrollment of 30,000 participants in a late-stage study testing its experimental coronavirus vaccine,...

Government Bonus news: Government fixes calculation ceiling for non-productivity linked bonus...

NEW DELHI: The finance ministry has fixed the calculation ceiling for computing non-productivity linked bonus (ad hoc bonus) for central government...

UK fines Goldman Sachs 96.6 million pounds in global action over...

LONDON: British regulators fined Goldman Sachs International 96.6 million pounds ($126 million) on Thursday as part of global action that will see...

Bank credit up 5.66%, deposits rise 10.55%: RBI data

MUMBAI: Bank credit grew by 5.66 per cent to Rs 103.44 lakh crore, while deposits increased by 10.55 per cent to Rs...

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