The rupee's strength against its competitor could come to haunt exporters.
As per reports, the ATO raised the tax bill after Pankaj Oswal transferred his shares in Burrup Fertiliser, a company started by him, to his wife in 2007.
Markets crashed due to domestic worries; bluechip stocks tanked too.
The S&P BSE Sensex slipped 305 points to end at 25,400 and the Nifty50 dropped 87 points at 7,783.
'Political parties bring out money they have stashed away and start spending it. How large that spending will be depends on how much money has been stashed. So, you are going to have a strong upside coming from the election effect,' says Pronab Sen.
The domestic currency spurted by 425 paise or 6.28 per cent in last five straight sessions.
The surge in export, domestic demand and public spending in infrastructure projects might revive private investment during 2017-18.
What was Congress general secretary Rahul Gandhi's objective behind arranging a day-long visit by high profile industrial tycoon Bill Gates to Rae Bareli and Amethi, on Tuesday?
In the currency markets, the rupee lost another 10 paise to close at 1-week low of 63.54 against the US dollar
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an Indian-American physician, will pay $15 million to the federal government for falsely billing for health tests that were never performed.
Reliance is in the market with a benchmark issue to sell 30-year US dollar-denominated Reg S fixed rate senior unsecured notes.
Here's the full text of President's Ram Nath Kovind's address to the joint sitting of both houses of Parliament on the first of Budget Session 2022.
Month end dollar demand from oil importers has forced rupee to trade weak.
On Sunday, the most famous tennis court in the world had become an indoor arena for the first time in its 87-year existence, complete with a translucent roof and bright floodlights.
Foreign exchange reserves have hit a fresh high.
Forbes said out of the world's 1011 billionaires, only 14 are women who earned their fortunes, rather than inherited them.
Lee Hsien Loong's splendid victory in Singapore could be India's gain.
Google is going ahead with a policy revision mandating 30% charge on in-app purchases across all apps on Play Store. This has left developers' community worried about tighter squeeze on their earnings, says Yuvraj Malik.
Whenever you think of Microsoft, the only name that crosses one's mind is Bill Gates. But the tech behemoth was co-founded in 1975 by Gates and Paul Allen.
The reversal of Trump's policy with regard to Iran, like the withdrawal from the Paris Agreement, may not be a matter of just turning the clock back, but one of patient negotiations, with uncertain consequences in the post-COVID-19 world, observes Ambassador T P Sreenivasan.
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The basis of Ind-Ra's expectation of INR appreciation is based on economic developments in the last one to two months of this fiscal and the likely developments in the remaining months.
The Central government is stuck between the devil and the deep blue sea as far as the runaway fuel prices are concerned.
If your children live abroad, rely more on financial assets as they are easier to liquidate and move across borders.
It also receives large investments from the Europe.
The rupee closed at Rs 66.21 in its last trading session.
'If Trump is out, Modi is going to find himself in a hotspot, having to reset his relations with the new US President with whom he will have to co-exist for well-nigh his full term,' notes B S Raghavan, the distinguished civil servant.
North Korean have proven to be priceless when measured in diplomatic currency at South Korea's Winter Games
The seventh edition of Aero India 2009, billed as Asias largest biennial air show, which begins today, will focus on business-to-business (B2B) deals that involve both Indian and foreign vendors as well as government organisations.
Mahindra Satyam on Thursday said it has signed a five-year multi-million dollar deal with UK-based GlaxoSmithKline to provide SAP and other critical systems support.Satyam has been working with GSK since 2002 in providing IT application development and support services, Mahindra Satyam said in a statement.
Readying its game plan, the Bengaluru-based e-commerce giant plans to renew talks of investments in various companies such as Swiggy, BookMyShow, Pepperfry, UrbanClap
The $58-billion conversion, announced in February when Citigroup shares were trading near USD 1, was supposed to happen in April but was slowed by negotiations between the bank and federal officials over details of the complicated transaction, the report noted. The deal is aimed at reducing worries about Citigroup's capital levels.
Surprisingly, Jeff Bezos is the new entrant to the list and ends up holding the first position.
Industrialist Mukesh Ambani remains India's richest person with a sharp surge of 30 per cent in his net worth to $26 billion.
Its latest member is a Frenchman. Bernard Arnault's fortune is now estimated at $100.4 billion.
The final and last approval for the Adani group's long-delayed billion dollar mega coal mine project came weeks after a surprise election win of Australia's pro-coal ruling coalition led by Prime Minister Scott Morrison.
Move could fetch the exchequer Rs 14,000 cr
In a sign of the growing political prominence of Hindus in America, the Trump and Biden campaigns are wooing this religious minority community like never before. Hinduism is the fourth largest faith in the US, representing approximately one per cent of the US population in 2016.
The industry's operating margins will narrow by 0.30- 0.80 per cent largely on an increase in local hires which the industry has been forced into due to the policy framework in its markets.
Crude oil prices have more than doubled, pushing up India's import bill and raising fears of a higher current account and fiscal deficit. This will impact corporate earnings.
