Business- Page 7

New Delhi: The government has sold enemy shares worth around Rs 1,150 crore in IT major Wipro to Life Insurance Corporation and two other state-owned insurers. The Custodian of Enemy Property for

New Delhi: The Supreme Court on Friday warned Ranbaxy promoters Malvinder and Shivinder Singh that if they failed to pay the dues to the Japanese firm they could go to jail. The

New Delhi: The six-member Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das on Thursday announced reduction of repo rates by 0.25 bps points to 6% in its first bi-monthly monetary

Mumbai: The Reserve Bank cut the retail inflation forecast to 2.9-3 percent for the first half of current fiscal, mainly due to lower food and fuel prices as well as expectation of

New Delhi : Income-tax returns (ITRs) have seen a surge post demonetisation and GST introduction, and the government claims these numbers suggest a surge in tax compliance in the country. However, according

New Delhi: Telecom regulator Trai directed operators to submit before it all tariff plans that they offer to select segments of customers at the end of every month. The Telecom Regulatory Authority

New Delhi: Paytm Payments Bank is planning to launch risk-free insurance and mutual fund products by June this year, the company’s MD and CEO Satish Kumar Gupta said. “We have got approval

Mumbai : The Nikkei/IHS Markit Services Purchasing Managers’ Index fell to 52.0 in March from 52.5 the previous month but remained above the 50 mark separating growth from contraction for a 10th

BENGALURU : The currency is not expected to get support from the RBI as it prepares for further policy easing in response to tepid retail inflation and a slowdown in economic growth.

New Delhi : In a move that could provide much needed relief to home buyers and level the field with the builders, the Supreme Court has held that real estate developers cannot