Direct tax collections in India increased over 23% to £64,52 bn during this financial year up to July 11, driven by a faster rise in personal income tax, the Central Board of Direct Taxes (CBDT) said.

India can become the second largest economy by 2031 and the largest economy in the world by 2060, said Michael Debabrata Patra, Deputy Governor, Reserve Bank of India (RBI) during a program at the Lal Bahadur Shastri National Academy of Administration,...

Indian benchmark indices ended at record high on Tuesday led by buying across the sectors. The Sensex was up 391.26 points or 0.49 per cent at 80,351.64, and the Nifty was up 112.70 points or 0.46 per cent at 24,433.20.

In a fresh push, Kumar Mangalam Birla is consolidating investments in group companies under Birla Group Holdings. The latest round of consolidation will impact seven companies, including Jay Shree Tea & Industries, which is run by Jayshree Mohta,...

Koo, which was once touted as a locally-developed desi alternative to global micro-blogging giant Twitter (that had been having frequent run-ins with govt over content moderation), is shutting down operations.

India's market regulator Sebi has issued a show-cause notice to Hindenburg, asking why it should not act against the shortseller for violating norms related to the “prohibition of fraudulent and unfair trading practices in the securities market”.

India has now become the world’s third-largest domestic aviation market after the US and China, as airlines such as IndiGo and Air India have expanded their fleet size to cater to the surge in air passengers, according to data compiled by aviation...

After Apple, Google is set to manufacture Pixel smartphones in India, with plans to export the devices to Europe and the US, media reports said. According to reports, the tech giant will soon begin commercial production through partnerships...

Bajaj Auto has introduced the Freedom 125, marking the debut of the world’s first motorcycle to run on Compressed Natural Gas (CNG). This 125 cc commuter bike operates on both petrol and CNG, aiming to significantly lower operational costs for...

Indian officials have cooled hopes of a Tesla production unit in the country as executives of the Elon Musk-led electric vehicle maker have stopped contacting them, reports said.