As the prospects for coal-generated electricity recede globally, India is one of the last bastions of the world's oldest, dirtiest energy source -- although construction of new coal-fired power plants is faltering....
Indicating greater compliance measures from government agencies in the days ahead, Finance Minister Arun Jaitley on Saturday said that India will be moving towards becoming a voluntary tax compliant society....
Smartphone shipments in India registered a growth of 15 per cent annually in the first quarter of 2017, reaching 29 million units, a report said on Saturday....
South Korean giant Samsung Electronics regained the top status in the global smartphone market in the first quarter of the year, even before the release of its flagship Galaxy S8, a report said on Saturday. ...
Italian authorities on Friday opened an investigation against US online retailing giant Amazon for allegedly evading 130 million euros ($141 million) in taxes between 2011-2015....
US President Donald Trump signed an executive order on Friday aimed at reversing Obama-era restrictions on offshore oil and gas drilling....
Union Minister Jayant Sinha on Friday said the central government is working on a new initiative to ease the security and boarding procedure -- 'Digi Yatra' -- which will use Aadhaar card or passport number and a digital mode to verify passengers....
The mounting problem of bad loans of banks cannot be resolved by their simple recapitalisation and options like raising private capital for state-run banks need to be considered to deal with the issue, the RBI said on Friday....
The Special Task Force (STF) of the Uttar Pradesh Police has arrested 23 persons for using chips in petrol pumps to dupe people buying fuel, an official said on Saturday. Seven petrol pumps in the state capital have also been sealed, he informed. The arrested persons include nine petrol pump owners, nine managers, four employees and an electrician. ...
Apple has stopped paying royalties to contract manufacturers for phone patents owned by Qualcomm over an "unresolved issue" -- a move that will hit the US-chip maker's financial results. Apple reportedly stopped paying royalties starting with devices sold during the March quarter, CNET reported on Friday. Qualcomm is now forced to cut its expectations ...
