Economy

San Francisco/New Delhi:  US-based investment firm Sequoia Capital is reportedly raising new funds worth $2.25 billion from potential VCs in the funding winter. The firm is working on a new $1.5 billion US growth fund focused on more…
Read More...

New Delhi: As customers delay purchasing electric two-wheelers amid fire incidents, Ola Electric again saw its registration dipping in the month of June, taking the company to fourth place in the overall category. Bhavish Aggarwal-run…
Read More...

San Francisco: Google has reached a settlement over a lawsuit with a group of developers, where it will establish a $90 million fund to support developers in the US who earned $2 million or less in annual revenue through Google Play,…
Read More...

Chennai: The Central government on Thursday announced a special additional excise duty on exports of crude, petrol, diesel, and aviation turbine fuel, but it will not have any impact on domestic prices. The measure is taken to discourage…
Read More...

New Delhi: The Congress on Friday demanded an all-party meeting on GST, alleging that the GST Council has been made dysfunctional and because of flaws, the government has to issue 869 notifications, 143 circulars, and 38 orders so far.…
Read More...

New Delhi: If banks raise interest rates on fixed deposits to 7.5-8%, there could be a flight to these products from mutual funds, Motilal Oswal Financial Services said in a report. In a report on mutual funds, it noted that equity flows…
Read More...

New Delh: The Tobacco Institute of India (TII), a body consulted by the government, Parliamentary committees, the chambers of commerce/trade associations and the media for information and policy recommendations on tobacco related issues,…
Read More...

Kolkata: Bharat Road Network Limited (BRNL), one of India's leading road developers, has completed sale of its entire stake in Shree Jagannath Expressways Pvt Ltd (SJEPL) to India Highway Concession Trust, an infrastructure investment…
Read More...

Chennai: The increase in customs duty on gold will not have any major impact on the precious metal's demand or the price, said a top official of Madras Jewelers and Diamond Merchants Association. The duty hike will also not result in any…
Read More...

New Delhi: Electric vehicle (EV) manufacturers on Friday hailed the GST Council's decision that EVs with or without battery pack will now be taxed at 5 per cent. At present, e-vehicles are taxed at 5 per cent while lithium-ion batteries…
Read More...