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After the scheme closes, the Income Tax Department will go ahead with tax demands and pursue legal course including arbitration.

Govt fixes December 31 deadline for retro tax settlement scheme

The government had asked Income Tax Department not to take any coercive action during the time the scheme is open.

27 July 2016 6:07 PM IST

As per the SC-appointed committees recommendation, Gagan Khoda gets stuck as he does not qualify having played only two ODIs back in 1998-99 and no Test matches. (Photo: PTI)

Post SC verdict: Selector Khoda likely to have premature exit

MSK Prasad is on a slightly safer ground with six Tests and 17 ODIs to his credit.

27 July 2016 6:02 PM IST

The EDF is a venture capital fund in the nature of fund of funds to participate in professionally managed daughter funds.

Government drops plan for Rs 17.500 crore funds for telecom R&D, mfg

The Cabinet on December 10, 2014 approved a proposal of Department of Electronics and IT to establish an EDF.

27 July 2016 4:32 PM IST

With the rise of online purchases, e-commerce could create 20 million gross jobs across logistics & delivery (70 per cent), and customer care, IT & management (30 per cent).

E-commerce could create 12 million jobs over 10 years: HSBC

India's current job profile is lopsided as low productivity sectors employ the vast majority.

27 July 2016 4:13 PM IST

Narsingh Yadavs food supplements have reportedly been found to be clean in tests conducted after his allegations, dealing a further blow to his Rio hopes. (Photo: AFP)

Narsingh Yadav fails 2nd dope test, Rio Olympic hopes fade

The wrestler has been claiming that rivals have spiked his food supplements and meals.

27 July 2016 3:56 PM IST

Narsingh Yadav was found positive for doping after a test conducted by NADA and he was provisionally suspended. (Photo: AFP)

Stop conspiracy theories, difficult for Narsingh to go to Rio: sports...

The wrestler has identified 2 fellow grapplers as saboteurs, who contaminated his food with a banned steroid.

27 July 2016 3:40 PM IST

The company said it has acquired the business through Tessolve Semiconductor, in which Hero Electronix took strategic stake in April.

Hero Electronix buys India business of Germany's TES DST Holding

The acquisition is another step towards building Hero Electronix into a USD 1 billion global digital products and...

27 July 2016 3:20 PM IST

According to the report, GST would have a mixed impact in the short term, because it may temporarily reduce growth, push up inflation and hurt state tax collections.

60 per cent probability of GST bill passage in current session: Nomura

According to Nomura, the expected timeline for the passage of GST is by August 12 and there is a 60 per cent probability...

27 July 2016 3:01 PM IST

The Wrestling Federation of India (WFI) has continued to back Narsingh Yadav

Narsingh names 2 fellow grapplers as saboteurs, wrestling head says 1...

'We suspect Jitesh, who fights in the 75kg category, and Sumit. Both live in Chhatarsaal,' WFI President Brij Bhushan...

27 July 2016 1:12 PM IST

Apple CEO Tim Cook (Photo: AP)

Looking forward to opening retail stores in India: Apple CEO

iPhone sales in India were up 51 per cent year-on-year.

27 July 2016 1:10 PM IST

Indian economy grew 7.9 per cent in March quarter and recorded a five-year high growth rate of 7.6 per cent for the 2015-16 fiscal.

Monsoon to push GDP growth to over 8 per cent this fiscal

A good monsoon can help add -"a percentage point-" to India's GDP growth in the current fiscal, from 7.6 per cent in...

27 July 2016 12:41 PM IST

Meanwhile, gold prices in global market fell as much as 0.30 per cent to USD 1,315.93 an ounce in Singapore.

Gold futures fall Rs 84 on weak global cues

Gold is trading at Rs 31,140 per 10 gm.

27 July 2016 12:17 PM IST