NEW DELHI: As economic activities gather momentum and struggle to return to pre-Covid levels, the Reserve Bank of India has said that the Indian economy is rebounding at a higher rate than most other predictions. The central bank’s monthly bulletin for December said that more evidence has emerged since the …
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NEW DELHI: India has challenged in Singapore a international arbitration courtverdict against you on a $ 2 billion tax claim involving Vodafone Group Plc, a senior government official told Reuters news agency on Thursday on condition of anonymity. The issue is being watched closely after a new disappointment for the …
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NEW DELHI: In a new setback for the government on retrospective taxes, a arbitration The panel unanimously ruled in favor of Cairn Energy Plc, arguing that the Center had not “met its obligations” under the UK-India bilateral investment treaty and international law by requesting tax payments of Rs 10,250 crore …
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NEW DELHI: The Reserve Bank of India (RBI) on Wednesday warned the general public against unauthorized loan platforms and mobile applications. In an official statement, RBI said there have been reports of people falling prey to digital loan scam for fast and hassle-free loans. “Members of the public are cautioned …
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NEW DELHI: The closure had devastated P Sunil. The 28-year-old from Telangana lost his job, took out a loan and fell into a debt trap. To pay for this, he took loans from different applications that offer quick loans. Soon, recovery agents they were behind him, texting and calling everyone …
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BENGALURU: The Indian parent of a TikTok copycat has raised more than $ 100 million from investors, including Alphabet Inc’s Google and Microsoft, months after the Chinese-owned short video app was banned in the country. The app, Josh, is one of several homegrown short video platforms that have sprung up …
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NEW DELHI: Equity indices ended higher Tuesday with the benchmark BSE Sensex increasing more than 450 points led by gains in IT and pharmaceutical stocks. After a very volatile session, the 30-share BSE Index finished 453 points or 0.99 percent higher at 46,007; while the broader NSE Nifty closed 138 …
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NEW DELHI: Investor wealth eroded by Rs 6.59 lakh crore on Monday as stocks tumbled after the UK reported a new strain of the Covid-19 virus. The 30-share BSE sensex tumbled 1,406.73 points or 3 percent to close at 45,553.96. The benchmark index hit an all-time high of 47,055.69 during …
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NEW DELHI: India decided on Monday to suspend all flights to and from the UK between December 23 and December 31 amid fears of a new, more infectious coronavirus variant found in the country. India has joined a growing list of countries such as Canada, Germany, France, the Netherlands, Belgium, …
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NEW DELHI: Stock indices fell sharply on Monday and the benchmark BSE sensex index plunged more than 1,400 points amid concerns about a new Covid-19 strain. The 30-share BSE Index plunged 1,407 points or 3 percent to 45,554; while the broader NSE Nifty 432 points or 3.14 percent to close …
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