Business

NEW DELHI: Potato and tomato prices saw their inflation jump to 23.86% and 158.78% in June even as the red vegetable has now again become more affordable this month. The price instability comes at a time when the price for LPG cylinder has become costlier by another Rs 50, taking its price to Rs 1100/kg […]

NEW DELHI: There is a need for an early amendment to the India-Australia Double Taxation Avoidance Agreement (DTAA) to stop taxation on offshore income of Indian IT firms, Union MoS for Commerce Anupriya Patel told a senior Australian official. The Union minister of state raised the matter during her meeting with visiting deputy premier of […]

NEW DELHI: Hours after the Directorate of Revenue Intelligence (DRI) issued a show cause notice to Chinese phone maker Oppo India for duty evasion to the tune of Rs 4,389 crore, the phone maker said that it has a different view on the charges mentioned and it believes that it’s an “industry-wide” issue many corporates […]

  NEW DELHI: The Commerce Ministry on Monday reconstituted the Board of Trade, a top advisory body on external commerce, by notifying the appointment of 29 non-official members. The new board members represent a mix of large and small enterprises with sectoral and geographical distribution, government officials said here. The Board of Trade in which […]

NEW DELHI: Two days after terminating the USD 44 billion deal, tech billionaire Elon Musk on Monday said that Twitter wants to take him to the court to force him for buying the micro-blogging platform. The Tesla CEO posted a meme on his official account after reports stating that Twitter has hired a top legal […]