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Union Finance Minister Nirmala Sitharaman during the investors roundtable meeting hosted by FICCI and US-India Strategic Partnership Forum (USISPF), in Boston. (Photo: PTI)Business
UN, World Bank, IMF in need of urgent reforms: Finance Minister...

Sitharaman arrived in the US Monday for a week-long trip to attend the annual meet of the World Bank and IMF in...

13 Oct 2021 11:16 AM IST

The discoms in Delhi had drawn less power than made available to them, as per the data. (Representational image:Business
No outage due to power shortage in Delhi: Power Ministry

A factsheet on power supply in Delhi showed that there was no energy deficit in the city from September 26 to October 11

13 Oct 2021 10:29 AM IST

Prime Minister Narendra Modi speaks during the G20 Extraordinary Summit on Afghanistan, via video conferencing, in New Delhi. (Photo: PTI)Business
India asks for waiver of intellectual property rights rights at G20

India and South Africa had submitted a proposal in April suggesting a waiver for all WTO members

13 Oct 2021 7:33 AM IST

The infra majors proposal to merge the Gangavaram Port Limited (GPL) into its Adani Ports and Special Economic Zone (APSEZ) may not be approved by the government. (Photo: PTI)Business
Adani Ports to stop handling containers from Iran, Pakistan,...

The decision comes weeks after Indian officials seized nearly three tonnes of heroin originating from Afghanistan

12 Oct 2021 10:56 AM IST

According to the Gems and Jewellery Export Promotion Council, off-take by China as well as Hong Kong has come down by 10 per cent since the outbreak.Business
Discretionary goods see rise in festive demand

The demand for discretionary categories has improved month-on-month even in August and is now closer to 2019 levels

12 Oct 2021 7:23 AM IST

Nirmala Sitharaman embarks on week-long US visit to attend G-20, World Bank meetingsBusiness
Nirmala Sitharaman embarks on week-long US visit to attend G-20, World...

During the official visit to the US, Sitharaman is expected to meet US Treasury Secretary Janet Yellen

11 Oct 2021 1:26 PM IST

Covid19 hit South Asia very hard, worst economic performance in 40 years says World Bank. (PTI Photo)Business
India's poverty rate to be around 10% in FY22: WB

As labour markets continue to improve, poverty reduction is expected to slowly resume its pre-pandemic trajectory

11 Oct 2021 2:53 AM IST

Governments could still set whatever local corporate tax rate they want, but if companies pay lower rates in a particular country, their home governments could top up their taxes to the 15% minimum, eliminating the advantage of shifting profits.Business
What is the global minimum tax deal that India, 135 other nations have...

The minimum tax and other provisions aim to put an end to decades of tax competition between governments to attract...

9 Oct 2021 1:29 PM IST

The demand for refills has come down significantly from these sections indicating how consumers are shunning LPG and switching back to age-old methods of using firewood and kerosene for cooking purposes. Representatonal Image. (PTI)Business
LPG price hiked by Rs 15 per cylinder

Simultaneously, petrol price was increased by 30 paise per litre and diesel by 35 paise a litre

6 Oct 2021 10:45 AM IST

\I do not want every Tom, Dick and Harry to collect money. Is there any state control over this collection of funds via crowdfunding? We should know where the money is going,\ the court said. (RepresenAFP Photo)Business
Sa-Dhan seeks additional Rs 7.5K crore credit guarantee

The guarantee cover was available up to March 31, 2022 or until the guarantees for Rs 7,500 crore loans were used up

6 Oct 2021 7:28 AM IST

Globally, 54 per cent women lost their jobs during the Covid pandemic, said Columbia University Medical Centre Public Psychiatry Education Director and Clinical Psychiatry Associate Professor Dr Stephanie M. Le Melle on Saturday. (Photo:PTI)Business
Services, jobs in expansion mode

Post-loosening of pandemic restrictions, the services sector continued to expand in September

6 Oct 2021 7:22 AM IST

This rapid growth in the payment systems, inter-alia, has been facilitated by a series of measures taken by the Reserve Bank of India,\ the central bank said in a statement on furthering digital payments. (Representational image)Business
Data curbs can cost India up to $17 bn by 2025: UN

India has a relatively large digital service industry, with strong links abroad

4 Oct 2021 3:43 AM IST

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