The government through the Specified Undertaking of the Unit Trust of India (SUUTI) has said that it will sell its 1. 6% stake in Axis Bank. At current market price of Rs 874, the stake is worth £444.3 million.

India's gross direct tax collections rose almost 30.7% to over £105 billion in the financial year up to November 10, with the mop-up so far reaching 61% of Budget estimates. The latest numbers released by CBDT indicated that the growth rate...

Goldman Sachs has promoted 80 employees globally as partners. There are eight Indians in total, with Sivasubramanian Balaji, the co-head of engineering in Bengaluru and the global co-head of data lake engineering, based in India in the Bengaluru...

House prices in Britain fell for the first time in 28 months in October and rising mortgage costs threatened to put further pressure on the property market, a survey showed. The Royal Institution of Chartered Surveyors (RICS), which measures...

The Department for Work and Pensions needs to "get a grip" on record levels of fraud and error in the benefits system and take responsibility for tackling the "eye-watering" sums, the Public Accounts Committee has warned.

Chancellor Jeremy Hunt has warned that there are going to be "very difficult decisions" in next week's fiscal statement but insisted the UK was "resilient".

About 1,600 jobs could be at risk with clothing group Joules set to become the latest victim of the tough times hitting the retail sector. The Leicestershire-based company, which has 132 shops, said it intended to appoint administrators after...