The testing rate is likely to slow down, report Pavan Lall and Sohini Das.
Apart from IT and pharma, the lead spenders in travel are construction, automobile and metals and mining companies and together these sectors accounted for 82 per cent of business travel spend in India in 2015, up from 78 per cent in 2013.
FIFA president blasts critics, says salary not decided.
Growth forecast has been lowered owing to tepid growth in the first half of 2017-18, the lingering effects of demonetisation, transitory challenges of GST, and some risks to agriculture stemming from a spotty monsoon.
Trump paid an effective tax rate of 24 per cent and saved millions of dollars in additional taxes by claiming the losses, according to the document, the first two pages of which were obtained by Pulitzer Prize-winning journalist David Cay Johnston and first shared on "The Rachel Maddow Show.
This follows an investigation into alleged violations of foreign exchange rules involving foreign direct investment of Rs 85 crore and Rs 140 crore by JP Morgan India and Amrapali Group firms.
The Halol facility is important for the company as it accounts for 10 per cent of Sun Pharma's sales.
Infosys has a new M&A head to enhance trust on inorganic growth.
Experts say the recent Rs 14,000-crore PNB fraud could have been avoided had there been an integration of PNB's CBS with its SWIFT system
Who invested how much into Flipkart in its latest round of $1 billion funding? Vicky Nanjappa/Rediff.com finds out.
World soccer's governing body, FIFA, is expected to pass wide-ranging reforms at a Congress in Zurich next Friday, when a new president will also be elected.
SBI said it provided credit to Orbital ATK Inc as part of a syndicated deal with other banks.
Pranay Bhatia offers insights on some key issues from Nirmala Sitharaman's maiden Budget.
'PNB had confirmed compliance with the RBI's prescription in its circular of August 3, 2016, which has now turned out to be factually incorrect,' Minister of State for Finance Shiv Pratap Shukla said in Rajya Sabha on Tuesday.
A slew of challenges that are yet to be resolved include the lack of consensus between the Centre and states over the GST exemption threshold limit, dual control over scrutiny and assessment
It had signed a joint venture with Reliance Retail to form M&S Reliance India Private Limited in April 2008.
According to the EY Global Information Security survey, companies are lacking agility, budget and skills to mitigate known vulnerabilities
Three Indian companies Wipro, Tata Steel and Tata Power have been named among the World's Most Ethical Companies.
'We should give (Mueller) credit. In general, he conducted an objective probe and confirmed the absence of any traces and collusion between Russia and the current administration'
The board of i-flex Solutions, which met on Monday, approved a proposal to acquire US-based Mantas Inc in an all-cash deal for $122.6 million.
PS banks need to pull up their socks to improve cash flows.
'The manufacturing sector and the capital goods industry need all the support that the government can provide, because they are working in a global market where trade restrictions are coming down every day,' says Amar Kaul.
Small and medium enterprises had complained of tedious compliance burden under the Goods and Services Tax
The Prime Minister will be releasing separate brochures for these sectors along with a general brochure.
The decision not to impose a blanket ban was not uniformly welcomed with Travis Tygart, head of the United States Anti-Doping Agency, describing it as "yet another devastating blow to clean athletes."
Sudipto Dey discusses the changing nature of jobs with Paul Dupuis, who recently took charge as India head of HR services major Randstad.
Sudipto Dey discusses the changing nature of jobs with Paul Dupuis, who recently took charge as India head of HR services major Randstad.
A global policy would reward firms which strive for higher quality.
'The corporate tax cuts will obviously result in lower tax payments by companies,' says Central Board of Direct Taxes member Akhilesh Ranjan who retires after 37 years in government service.
Despite a slowing economy, the Budget does not envisage any major stimulus through the budgeted fiscal deficit figures, said Goldman Sachs.
Still, the earliest India will get to experience Apple online will be early 2020 and the company's first fully-owned signature store should be up around 2022 -- almost two decades after it had opened its first store worldwide, writes Nivedita Mookerji.
'From the investor's point of view, a real change would happen only when business environment in all our states qualitatively improves,' says NITI Aayog Vice-Chairman Rajiv Kumar.
'It is important to improve the quality of spending.'
A fresh global skill gap study shows how India can tap opportunities in Germany, New Zealand, Qatar, Malaysia, The Netherlands, Saudi Arabia, Singapore, Sweden, Switzerland, UAE and the UK.
India and Singapore had in 2013 amended the DTAA to help exchange banking and tax-related information more effectively.
The Adanis', which already has won the bids to run six Airport Authority-built non-metro airports in Lucknow, Jaipur, Guwahati, Ahmedabad, Thiruvananthapuram and Mangalore, bid to enter the country's second busiest airport by buying out Bid Services Division Mauritius from MIAL was stalled after GVK chose to exercise its first right of refusal, and matched the Rs 1,248-crore offer that the Adanis made to the Bidvest in March.
The United States is optimistic India will support Washington's plan to eliminate global tariffs on manufactured goods despite New Delhi's opposition to the proposal, a senior US official said on Wednesday.
'The new government will have to contend with slowing economic growth, weak private investment, anaemic exports and vulnerable external imbalances, a stressed financial system, mounting fiscal pressures (including high government debt-to-GDP ratios) and an exceptionally bad employment situation,' says Shankar Acharya, former chief economic adviser to the Government of India.
Goyal's move was criticised by the Opposition saying with general election months away, the Prime Minister Narendra Modi-led government had mandate only to present a vote on account and a Budget containing direct tax proposals.
