Business

New Delhi: The Central Board of Direct Taxes (CBDT), the top policy-making body of the Income Tax Department has issued refunds worth Rs 71,229 crore in over 21.24 lakh cases till July 11, the Finance Ministry said on Friday. The IT…

New Delhi: The Indian online grocery market could see a whopping 76% jump in sales in 2020, compared to last year, feels Spencer's Retail Chairman Sanjiv Goenka. In monetary terms, that would amount to sales exceeding Rs 22,500 crore…

Chennai: Frauds and fraudsters have become a real threat in today’s society. But have you heard of a fake bank? In an absolutely startling development, three persons were arrested for running a ‘duplicate’ State Bank of India (SBI) branch…

New Delhi: Prime Minister Narendra Modi inaugurated Asia's largest 750-MW solar power project at Rewa in Madhya Pradesh, via video conferencing on Friday. According to a Financial Express report, the Rewa Solar Power project has received…

Mumbai: Former Reserve Bank of India (RBI) governor Dr Raghuram Rajan has advised the government to fast-track the process of selling PSUs by taking advantage of the sudden increase in customers in the market. After a slump caused by…

In a sector where every weekend matters, it doesn't require rocket science to realize that the COVID-19 pandemic has hit the entertainment industry hard. With nationwide lockdown being enforced from the last week of March, and cinema halls…

Mumbai: After the Indian government banned Chinese video-making app TikTok, on Monday, the marketing and advertising agencies are left high and dry. Advertisements worth millions of rupees and several brand campaigns have been hampered…

Bengaluru: Two of India's popular food chains, Wow! Momo Foods and Café Coffee Day (CCD) have entered into a strategic partnership. According to the deal, Wow! Momo kiosks will be given space inside Café Coffee Day outlets to reach a wider…

New Delhi: With the clamour to boycott Chinese goods getting shriller following the death of 20 Indian soldiers in border clashes earlier this week, the Board of Control for Cricket in India (BCCI) has called an IPL Governing Council…

New Delhi: The Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) has sanctioned a $750 million ‘COVID-19 Active Response and Expenditure Support Programme’ to help India strengthen its response to the adverse impacts of the…