Business

In a statement, the commerce and industry ministry said there is no retrospective element as the levy was enacted before the 1st day of April, 2020, which is the effective date of the levy.

S&P Dow Jones Indices said on Wednesday it will remove the American Depositary Receipts of three Chinese telecom companies, China Mobile Ltd, China Telecom Corporation Ltd and China Unicom (Hong Kong) Ltd, from its benchmarks.

Economic stimulus approved in the United States and Japan at the end of last year will help to power a recovery in their economies in the second half of 2021, IMF chief economist Gita Gopinath said on Wednesday.

Health insurer UnitedHealth Group on Wednesday agreed to buy Change Healthcare for $7.84 billion in cash to boost its healthcare technology services business under the Optum division.

Shares of Agnico Eagle Mines fell on Tuesday after it agreed to buy TMAC Resources for about C$286.6 million ($225 million), two weeks after Canada's government rejected Shandong Gold Mining's bid for the indebted company on national security grounds.

Qualcomm Inc said on Tuesday it had named its president and chip division head Cristiano Amon as its new chief executive, replacing Steven Mollenkopf effective June 30.

Holiday spending always gets the best of me. The gifts, the food, the Christmas tree and decorations sandwiched between two monthly rent payments siphon money from my bank account. Every year I feel the sticker shock, briefly tuck my tail between my leg...

A slew of brokerages initiated coverage of Airbnb Inc and DoorDash Inc on Monday, having high hopes for their revenue growth and supporting eyepopping valuations obtained by both last month in stock market launches.

Indian power demand hit a peak high last week on one single day that was an all-time high surpassing what had happened in May 2019.

Canada's Brookfield Asset Management Inc said on Monday it had offered to take its commercial real estate arm Brookfield Property Partners LP private in a $5.9 billion deal.

World stock markets hit record highs on Monday, the first trading day of the new year, as investors hoped the rollout of vaccines would ultimately lift a global economy decimated by the COVID19 pandemic.

Gold began the new year by climbing nearly 2% on Monday, closing in on a near twomonth peak, as the dollar slid to 2018 lows and prospects of tougher restrictions to combat a new variant of the coronavirus kept safehaven bullion in demand.

BEML is a 'Miniratna' Category-1 Public Sector Undertaking, under the administrative control of Ministry of Defence. The government currently holds 54.03 per cent stake in it.

The government netted a record GST collection of Rs 1.15 lakh crore in December 2020, helped by the action against tax evaders alongside pick up in the economy.

Announcing the launch of the January 2021 round of the Inflation Expectations Survey of Households (IESH), the RBI said it aims to capture subjective assessments on price movements and inflation from about 6,000 households based on their individual consum...

It, however, improved for the bank branches in rural, semi-urban and urban areas, according to the data released by the Reserve Bank of India (RBI).