Diesel sales fall in June as monsoon sets in
NEW DELHI: Diesel sales dropped in June as the arrival of monsoon cut demand in the agri sector and reduced vehicular movement, preliminary industry data showed.Demand for diesel, the most consumed fu ...
Rs 7 lakh combined threshold for calculating TCS: Finance ministry
NEW DELHI: The finance ministry Friday clarified the threshold of Rs 7 lakh for the liberalised remittance scheme is the combined level for calculating tax collected at source (TCS), irrespective of t ...
Pakistan, IMF reach pact to release stalled funds
ISLAMABAD: The International Monetary Fund (IMF) has reached a staff-level pact with Pakistan on a $3 billion stand-by arrangement, the lender said, a decision long awaited by the South Asian nation w ...
Oil prices jump 3% on bigger-than-expected decline in US crude storage
NEW YORK: Oil prices climbed about 3% on Wednesday as the second straight weekly draw from U.S. crude stockpiles was bigger than expected, offsetting worries that further interest rate hikes could slo ...
ED arrests Supertech’s chairman R K Arora in money laundering case
NEW DELHI: The Enforcement Directorate (ED) arrested real estate company Supertech's chairman and owner R K Arora on money-laundering charges on Tuesday, official sources said.Arora was taken into cus ...
‘Google asks Supreme Court to quash Android antitrust directives’
NEW DELHI: Google has urged the Supreme Court to quash antitrust directives against it for abuse of the Android market, two sources said, as its presses its legal battle against the competition watchd ...