Commerce and industry minister Piyush Goyal (File photo) NEW DELHI: India’s balance of payments this year is going to be “very very strong” on the back of significant improvement in exports and a fall in imports, commerce and industry minister Piyush Goyal said on Monday. He said that “good” green shoots are visible in the […]
Here’s what you need to know: A Saudi Aramco offshore oil platform in 2018. The giant oil company will continue paying a large dividend despite sharply lower profits.Credit…Mohamed Alebn Alshaikh/Saudi Aramco, via Agence France-Presse — Getty Images Saudi Aramco, the world’s largest oil company, said on Sunday that its quarterly earnings plunged more than 73 […]
Welcome to the age of the satellite megaconstellation. Within the next few years, vast networks, containing hundreds or even thousands of spacecraft, could reshape the future of Earth’s orbital environment. Much of the attention on these strings of satellites has been placed on the prolific launches of SpaceX and OneWeb, but the focus is now […]
(Representative image) NEW DELHI: Equity mutual funds witnessed an outflow of Rs 2,480 crore in July, making it the first withdrawal in more than four years, primarily on profit-booking by investors. Overall, the mutual fund industry witnessed a net inflow of 89,813 crore across all segments last month, much higher than Rs 7,265 crore seen […]
At the onset of the coronavirus pandemic, with travel restrictions in place worldwide, we launched a series — The World Through a Lens — in which photojournalists help transport you, virtually, to some of our planet’s most beautiful and intriguing places. This week, Randy Harris shares a collection of images from the shores of Cape […]
Union minister Nitin Gadkari (File photo) NEW DELHI: The government plans to promote the manufacturing of selected products, especially lines in which China enjoys a big share in the global market, as part of efforts to reduce imports and push exports, cabinet minister Nitin Gadkari said on Monday. The government aims to attract foreign investments […]
(Representative image) NEW DELHI: Twitter Inc has held early talks about a potential combination with TikTok, the Chinese-owned video-sharing app that the Trump administration has declared a national-security threat, Dow Jones reported, citing sources familiar with the matter. It’s unclear whether Twitter will pursue a deal, which would involve TikTok’s US operations, the sources said. […]
Representative image MUMBAI: Coaching classes do not get any exemption from Goods and Service Tax (GST), this position was reiterated by a ruling given by the Andhra Pradesh bench of the Authority for Advance Rulings (AAR). A similar stand has been taken earlier, including by the Maharashtra bench of the AAR. Entry No 66 of […]
(Representative image) NEW DELHI: The government’s move to keep land parcels ready for investors to quickly decide on investment destinations is expected to begin in close to half-a-dozen states, while it is seeking to gradually move to a single-window clearance mechanism. States such as Andhra Pradesh, Telangana, Tamil Nadu, Punjab and Odisha are among early […]
Prime Minister Narendra Modi (File photo) NEW DELHI: Prime Minister Narendra Modi on Monday inaugurated the submarine optical fibre cable (OFC) connecting Chennai and Andaman & Nicobar, through video conferencing. The link is expected to provide a big boost to the economy of the islands. The foundation stone for this project was laid by PM […]