Business News

Finance Ministry notifies final angel tax rules for investors, valuation methods and guidelines explained

Angel tax (income tax at the rate of 30.6 per cent) will be levied when an unlisted company issue shares to an investor at a price higher than its fair ...

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'Used to be just call centres': JPMorgan Chairman Jamie Dimon shares bank's growth story in India

Jamie Dimon’s comments come days after JPMorgan included India in its widely-tracked emerging market debt index.

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India-Canada row: Trudeau makes outrageous allegations without any supporting proof, says Sri Lankan Minister

Amid the ongoing diplomatic row between India and Canada, Sri Lanka’s Foreign Minister Ali Sabry has said that terrorists have found a safe haven in the North American country and ...

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Dream11, other online gaming companies get GST demand notices totalling Rs 55,000-cr: Report

The Directorate General of GST Intelligence (DGGI) has reportedly sent out a dozen pre-show cause notices to online real money gaming (RMG) companies over alleged goods and services tax (GST) ...

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'Sweeping assertions with no evidence': Govt dismisses Moody’s critical report on Aadhaar

The Ministry of Electronics & IT, in response to the report, stated that the investor service made “sweeping assertions against Aadhaar” without citing any evidence or basis. The ministry called ...

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South Korea hosts Japan, China as US allies try to reassure Beijing

South Korea on Tuesday will host senior diplomats from China and Japan for a rare trilateral meeting seen as aimed at assuaging Beijing’s concerns over the two U.S. allies’ tightening ...

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'Remain vigilant': Canada updates travel advisory to India over 'negative sentiment'

Amid the diplomatic row over the killing of Khalistani extremist Hardeep Singh Nijjar, Canada has updated its travel advisory for its citizens in India “remain vigilant and exercise caution”

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US government shutdown would delay release of key economic data, official says

Congress so far has failed to pass any spending bills to fund federal agency programs in the fiscal year starting on Oct. 1 amid a feud within the Republican Party

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Cauvery water dispute: Bengaluru observes complete shut down today; schools shut, Ola, Uber services to ply normally

Bengaluru shutdown: The bandh has been called from 6am to 6pm on Tuesday. Here’s what you need to know

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Strides Pharma to spin off contract development unit, announces swap ratio of 1:2

The new company, known as ‘OneSource’, will have more than 1,200 employees and is expected to deliver revenue worth between $180 million-$200 million in fiscal 2025

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