Business

Replying to supplementaries during Question Hour, the minister said there has been a steady improvement in finances of Air India and the airline is set to make profit during the current financial year. He said Air India is currently making a revenue of Rs...

In a transparent bidding process, the government is keeping some of the discovered oilfields of ONGC on a public domain based on a criteria, which will produce more and pay higher to the government, Petroleum Minister Dharmendra Pradhan said.

Other recommendations that were suggested in a closed-door meeting with PM Modi include having a system of interest-free GST loan on incremental tax payment by SMEs and reducing employee contribution to EPFO and ESI.

Occurrence of frauds was enabled by lack of discipline in the financial system and a lax credit culture, said Financial Minister Nirmala Sitharam.

According to the Income Tax department, 100 firms, which comprise 0.012 per cent of the 8 lakh companies, contribute over 40 percent of India’s corporate tax collection.

As the IndiGo staff moved to manual bookings due to the server glitch, it resulted in huge queues at the airline's check-in counters across the airport's sources say.

Every year, on the day of the establishment of the ICAI, National CA Day is celebrated to honor the Chartered Accountants across the nation. A chartered accountant is a profession that gives direction to the financial condition of any country.

She replied this on a question whether the government has received any representation from gold traders requesting for reduction in import duty on gold.

The broader NSE Nifty too fell 52.70 points, or 0.45 per cent, to end at 11,788.85. During the day, the index touched a low of of 11,775.50 and a high of 11,871.70.

After a breakdown in US-China trade earlier this year, markets were betting on an interest rate cut from the US Federal Reserve before the next policy meeting in July.

Mutual funds are the biggest supporters of the financial system courtesy the funds that they provide and hence, any disruption in the MF market has immediate and significant spillovers in the asset markets, RBI said in the bi-annual Financial Stability Re...

In response to a written question in the Lok Sabha, Civil Aviation Minister Hardeep Singh Puri presented the data that showed 70,060 SpiceJet passengers were affected due to flight cancellations from January to May.

RERA has also recommended that the government constitute a task force under the ministry of housing and urban affairs to identify projects that are close to completion.

Five months hence, with newly appointed Finance Minister Nirmala Sitharaman presenting the budget, startups are looking for a much needed domestic push in order to compete with the tall order of international startups.

SBI Life shares had fallen nearly 5% on Tuesday after foreign partner BNP Paribas Cardif said it will sell up to 2.5% stake in the company.

The Department takes actions, like searches, surveys, enquiries, assessment of income, levy of tax/interest/penalty and launching a prosecution, against those possessing black money.