Business

This includes personal income tax (PIT) refunds amounting to Rs 36,028 crore and corporate tax refunds of over Rs 1 lakh crore during this period.

World shares rallied to a record peak on Wednesday, following an overnight surge that saw the Dow Jones benchmark crack 30,000 for the first time as investors cheered a dramatically improved global outlook.

Britain's government is on track to borrow roughly 400 billion pounds this financial year as it struggles with the social and economic impact of the coronavirus pandemic that has killed more than 55,000 people.

Supermarket chain Carrefour Brasil said on Tuesday that it deeply regretted that a Black man was beaten to death by security guards last Thursday at one of its Brazil stores, after hundreds of demonstrators again protested the killing.

German business morale fell for the second month in a row in November, suggesting that Europe's largest economy will shrink in the fourth quarter due to curbs to slow a second wave of coronavirus infections, the Ifo institute said on Tuesday.

Faced with the challenge of converting pledges to slash planetwarming emissions into policies, some of the world's biggest economies are turning to the same tool: a carbon price.

General Motors says it will no longer support the Trump administration in legal efforts to end California's right to set its own cleanair standards.

Investors scooped up stocks, commodities and emergingmarket currencies and gave the dollar a wide berth as AstraZeneca and Oxford University provided markets with their nowregular Monday shot of encouraging COVID19 vaccine news.

The chairman and CEO of ecommerce giant Alibaba Group praised Chinese regulators Monday in a possible attempt to repair ties after the stock market debut of its former financial services arm was suspended following criticism of them by billionaire Alibaba...

Blankcheck acquisition company GigCapital2 Inc has agreed to merge with UpHealth Holdings Inc and Cloudbreak Health LLC to create a digital healthcare company valued at $1.35 billion, people familiar with the matter said on Monday.

The BEML received a variation order to contract 'MRS1' from DMRC, for additional 12 trainsets of six cars each (a total 72 coaches) to operate on line 2B and seven of Mumbai metro project. The order is valued at Rs 501 crores.

Asian shares rose on Monday, pushing a broad regional index to a record high as investors pinned their hopes for economic revival on coronavirus vaccines, even as the world contends with surging case numbers and delays to fresh U.S. stimulus.

The prime minister said that India is following the same principle in the 'Reform-Perform-Transform' strategy to move forward and taking inclusive development efforts that are participative, according to a Ministry of External Affairs (MEA) statement.

Saudi Arabia's Minister of Investment Khalid alFalih said on Saturday foreign direct investment (FDI) increased by 12% in the first half of 2020 compared with the same period last year.

The head of one of the largest regional health systems in the Midwest has told his employees that he has recovered from COVID19 and is back in the office without a mask.