Business

Toronto: Ontario's premier, the leader of Canada's most populous province, announced that effective Monday his province is charging 25% more for electricity to 1.5 million Americans in response to US President Donald Trump's trade war. Ontario provides electricity to Minnesota, New York and Michigan. “President...

New Delhi: The government Monday sought Parliament nod to spend a net additional Rs 51,462.86 crore in the current financial year ending March, with a large chunk going towards pension and subsidy fertiliser. The gross additional spending sought by the government is over Rs 6.78...

New Delhi: The new Income Tax Bill prescribes the existing process for tax authorities to gain access to the digital space or a computer device only during search and survey operations, and it is not aimed to breach the online privacy of common taxpayers even...

Mumbai: Benchmark stock indices Sensex and Nifty closed lower in a volatile session Monday dragged by selling in industrials and oil & gas shares. The 30-share BSE Sensex declined 217.41 points or 0.29 per cent to settle at 74,115.17 with 22 of its constituents ending...

Mumbai: The rupee depreciated by 38 paise, its steepest fall in over a month, to close at 87.33 (provisional) against the US dollar Monday due to volatile crude oil prices amid tariff uncertainties worldwide and unabated outflow of foreign funds. A weaker American currency failed...

New Delhi:  The Health Ministry has instructed the Indian Premier League to ban all forms of tobacco and alcohol promotions, including surrogate advertisements, during the tournament beginning March 22. In a letter to IPL chairman Arun Dhumal, Director General of Health Services Atul Goel said...

Mumbai: The Indian benchmark indices opened higher Monday amid mixed global cues, as buying was seen in the IT, PSU bank and financial service sectors in the early trade. At around 9.30 am, Sensex was trading 125.06 points or 0.17 per cent up at 74,457.64...

New Delhi: Union Finance Minister Nirmala Sitharaman has said that Goods and Services Tax (GST) rates will be reduced further as the process of rationalising tax slabs is nearing completion. FM Sitharaman mentioned that the revenue neutral rate (RNR), which was 15.8 per cent when...

New Delhi: The combined market valuation of seven of the top 10 most valued companies surged by Rs 2,10,254.96 crore last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest gainers. Last week, the BSE Sensex climbed 1,134.48 points or 1.55 per...

New Delhi: Foreign investors continue to pull back money from the Indian equity market, withdrawing Rs 24,753 crore (about USD 2.8 billion) in the first week of March amid escalating global trade tensions and lacklustre corporate earnings. This came following an outflow of Rs 34,574...