Business
Deutsche Bank Says 'Sorry' in Full-page German Newspaper Ads
Deutsche Bank CEO John Cryan has apologised in full-page newspaper ads for misconduct that has cost the company billions.
Demonetisation Hits January Services Growth
Impacted by the recent demonetisation measure, India's services sector contracted for the third successive month in January, revealed key macro-economic data on Friday.
Indian IT Companies Need to Stop Using H1-B Visas: Infosys Co-founder Narayana Murthy
Indian software companies need to stop sending people on H1-B visas and focus on local hiring in the US, Infosys co-founder N R Narayana Murthy said.
Union Budget: Gokul Chaudhri Calls It A Kick Off Budget For Digital Economy
Gokul Chaudhry talks about equalisation levy on the digital industry, lauding the attempt to move towards a cashless economy which encourages digital space. Explaining how the small traders could benefit from the move of reducing presumptive taxeation for...
Union Budget 2017: Govt to Infuse Rs 10,000 Cr in PSU Banks
The government will infuse Rs 10,000 crore in public sector banks in the next fiscal and more will be provided if required, Finance Minister Arun Jaitley said on Wednesday.
Sensex Pares Early Gains, Investors Turn Cautious Amid Union Budget
Meanwhile, the foreign portfolio investors (FPIs) sold shares worth a net Rs 532.88 crore yesterday, as per provisional data released by the stock exchanges.
High Hopes From Budget on Reviving Sagging Economy
Finance Minister Arun Jaitley appeared set to present India's national budget in the Lok Sabha on Wednesday amid hopes that the proposals will help revive a slowing economy, hit further by demonetisation of high value currency.
Sensex Slides 98 Pts as Govt Readies Economic Survey
Sentiment remained conspicuously cautious as investors preferred to reduce their positions ahead of the Economic Survey due today and the Union budget tomorrow.
Budget 2017: 10 Iconic Budgets That Made a Difference
India has witnessed several Budget speeches over the years which have stood out among the chatter. The first ever Budget in Independent India focussed on agriculture. The 1991 Budget abolished the Licence Raj which was holding back India.
Rupee Surges to 2-week High of 67.95 on Dollar Unwinding
Continuing its winning run for the fourth straight session, the rupee on Monday hit its two-week high of 67.95, appreciating by 8 paise on sustained unwinding of American currency by exporters and banks.
Digital Advertising to Cross Rs 255 Billion Mark in 2020
Digital advertising in the country is expected to cross the Rs 255 billion mark in 2020, growing at a CAGR of 33.5 percent, a CII-KPMG report said.
New York Stock Exchange Celebrates India's Republic Day
Thursday was a day of celebration at the exchange because its bellweather index, the Dow Jones Industrial Average (DJIA), held on to and added to the elusive milestone of 20,000, which it had crossed a day earlier in a rally that took off after the electi...
Trade Deficit May be in Range of USD 100-110 Billion by March-end: Report
The country's trade deficit which improved by 25 per cent in the first nine months of financial year 2016-17 compared to last year, is likely to be in the range of USD 100-110 billion by March-end, says a report.
Budget Explained: 6 Main Numbers in the Budget and Their Importance
A budget is a complex document with a lot of numbers. Although it is one of the most important events in India’s economic calendar most people tune it out because of the complicated financial jargon involved.
Rupee Falls 4 Paise against US Dollar
Yesterday, the rupee made a modest recovery to end higher by 5 paise at 68.15 against the American greenback in yet another day of extremely thin and lethargic trade.
No New Tax in Jharkhand Budget For 2017-18
Jharkhand, in the state budget presented on Monday, did not introduce any new taxes and the budget has the total outlay Rs 75,673.42 crore.