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Supreme Court strikes down RBI banking ban on cryptocurrency

India's Supreme Court on Wednesday allowed banks to handle cryptocurrency transactions from exchanges and traders, overturning a central bank ban that dealt the thriving...
Business

NRIs allowed to own up to 100% stake in Air India

The Indian government on Wednesday permitted NRIs to own up to 100 per cent stake in disinvestment-bound Air India. The decision comes at a time...
Business

India’s third quarter GDP growth dips to 7-year low

India's GDP growth slipped to a nearly 7-year low of 4.7 per cent in October-December 2019, weighed by a contraction in manufacturing sector output,...
Business

AGR woes: No decision on relief to telecom sector

The crucial meeting of Digital Communications Commission (DCC) on Friday could not arrive at a decision on relief to the distressed telecom sector and...
Business

With revenues falling, Indian tax officials rake up demonetization cases

Indian jewellers have received surprise tax notices asking them to turn over money they made from customers who scrambled to buy gold after Prime...
International Business

New Chinese billionaires outpace US by 3 to 1

China minted three times as many new billionaires than the United States in the past year, with fortunes made in drugs and online entertainment...
Business

Venezuelan oil: Reliance gauging impact of US sanctions on Rosneft unit

India's Reliance Industries Ltd, a key buyer of Venezuelan oil, said it was assessing the impact of the latest US sanctions on Rosneft Trading...
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