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India hits US hard with steep import duties on agro commodities, but spares motorcycle giant Harley Davidson

India on Thursday hit the US hard with steep import duties on agro commodities but spared high-end bikes such as Harley Davidson, whose cause was espoused by none less than President Donald Trump.


Plastic ban in Maharashtra, Mumbai: From Rs 25,000 fine to 3 months jail; check date, full list of banned items, key details

Plastic ban in Maharashtra, Mumbai: If you are residing in Mumbai or planning to travel to the Maharashtra capital, avoid using banned plastic items.


Sebi tweaks norms to aid fund-raising, caps tenure of MD & CEO of exchanges

The Securities and Exchange Board of India (Sebi) has made major changes in rules governing fund-raising, to provide flexibility to issuers and to boost capital formation.


Morgan Stanley sees Sensex at 44,000 by June 2019 in a bull case, focuses on these 20 stocks

Global investment bank Morgan Stanley has a June 2019 Sensex target of 36,000 under its base case scenario.


In India, cash is still king! ATM withdrawals up 22%, higher than pre-demonetisation era

ATM withdrawals from 66 different banks have been over Rs 2.65 lakh crore in April 2018, up 22% from the same period last year, the Reserve Bank of India data showed.


GST on petrol, diesel: No relief as it won’t be pure GST; new tax structure on fuel may look like this

A peak tax rate of 28 percent plus states levying some amount of local sales tax or VAT on petrol and diesel is likely to be the tax structure when the two auto fuels are covered under the GST regime, a top government official said.


After long stint of 111 years, General Electric loses place in elite Dow Jones Industrial Average

General Electric Co has lost its spot in the Dow Jones Industrial Average after over a century in the blue chip stock index, a new blow to a company that once towered over the American business landscape but is now struggling to retain its standing as an industrial powerhouse.


Why ICICI Board is the biggest loser in the Chanda Kochhar episode

Without doubt, Chanda Kochhar has had a remarkable career. Chosen by KV Kamath and Narayanan Vaghul to lead ICICI Bank from May 2009—she was picked over Shikha Sharma—Kochhar has been a competent CEO.


Govt puts off debt-laden Air India stake sale, to revive loan recast plan

The government has indefinitely put off the sale of state-owned airline Air India as it believes there wouldn’t be takers ahead of the 2019 general elections.


Voda-Idea merger today; seeks Rs 21 bn bank guarantee

 The telecom department is likely to approve the merger of Vodafone India and Idea Cellular today that will create the country's largest mobile service operator with proposed name of Vodafone Idea Ltd.


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