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Reuters

GST rollout now likely from July, says finance minister Jaitley

General

16 January, 2017

GST rollout now likely from July, says finance minister Jaitley

India's new nationwide sales tax is now expected to be rolled out from July after Finance Minister Arun Jaitley on ......

RBI eases daily cash withdrawal limit

General

16 January, 2017

RBI eases daily cash withdrawal limit

The Reserve Bank of India (RBI) on Monday relaxed cash withdrawal limits from automated teller machines (ATMs) and current accounts ......

IMF slashes India growth forecast for FY17, FY18 on cash clampdown

General

16 January, 2017

IMF slashes India growth forecast for FY17, FY18 on cash clampdown

The International Monetary Fund on Monday raised its forecast for China's economic growth this year by 0.3 percentage points to ......

Infosys trims revenue outlook as outsourcers brace for tighter U.S. regime

TMT

13 January, 2017

Infosys trims revenue outlook as outsourcers brace for tighter U.S. regime

Infosys Ltd, India's second-biggest software services exporter, pared its full-year revenue growth outlook as it fights uncertainties in its biggest ......

Flipkart's management rejig hints shift to margins over volume

TMT

13 January, 2017

Flipkart's management rejig hints shift to margins over volume

Even before he was appointed to run India's biggest e-commerce company, Kalyan Krishnamurthy had signaled a change: as head of ......

India consumer inflation eases to two-year low in December

General

12 January, 2017

India consumer inflation eases to two-year low in December

India's annual consumer price inflation eased to a lower-than-expected 3.41 percent in December, its lowest level in more than two ......

Supreme Court warns Sahara's Subrata Roy to pay $88 mn on time or go back to jail

General

12 January, 2017

Supreme Court warns Sahara's Subrata Roy to pay $88 mn on time or go back to jail

The Supreme Court on Thursday rejected a request from the Sahara conglomerate to be given more time to deposit 6 ......

Ahead of budget, RBI chief Patel seeks lower government debt

General

11 January, 2017

Ahead of budget, RBI chief Patel seeks lower government debt

Reserve Bank of India (RBI) Governor Urjit Patel urged the government to make progress in reducing high federal and state ......

Alibaba leads $2.55 bn bid for Chinese retailer Intime

Consumer

10 January, 2017

Alibaba leads $2.55 bn bid for Chinese retailer Intime

E-commerce firm Alibaba Group Holding Ltd and the founder of Intime Retail Group Co Ltd have jointly bid to take ......

India December auto sales post steepest drop in 16 years on cash woes

Manufacturing

10 January, 2017

India December auto sales post steepest drop in 16 years on cash woes

India's automobile sales saw their biggest monthly fall in 16 years in December after Prime Minister Narendra Modi's ban on ......