UK's Cairn Energy has been issued with a tax demand notice of over £2.90 billion by Indian income tax department, including a £1.88 billion in back-dated interest.

The government has asked lenders to immediately start invoking personal guarantees of promoters to recover the dues in case companies have failed to repay the loans.

New estimates released by senior economists from the Bank of Italy reveal that somewhere between six and seven trillion dollars worth of black money currently lies hidden in tax haven across the globe, where Indians' share holds an estimated...

Registration of a company in India, usually takes five days, however, with a seemingly successful launch of a pilot project by the Ministry of Corporate Affairs, four companies were registered in a single day.

India will achieve the benchmark of Rs 100,000 in the next financial year when the per-capita income crosses the six-figure mark for the very first time

FICCI president Harshvardhan Neotia has hailed the passing of Real Estate Bill, 2016 in Rajya Sabha and said that it was a major step in enhancing the credibility of construction industry.

India's industrial production contracted for the third consecutive month in January prompted by a sharp decline in manufacturing and capital goods sectors, posing fresh challenges for policy makers against the backdrop of a sluggish global economy.