Those who deposited their black money in banks, disclosing it to be untaxed wealth, since the governmentannounced demonetisation will now have to pay income tax at 50% and a quarter of the portion of the unaccounted income would remain with the government for four years, as per amendments planned to ... Read More »
Now that the Christmas season is officially upon us, this is an exciting time to be looking at the amazing new technologies that have found their way into nearly every area of our lives. While gifts are intended to match what the receiver wants – not the giver – I ... Read More »
President-elect Donald Trump responded to renewed controversy surrounding his business ties in a Tuesday interview with The New York Times, insisting “the president can’t have a conflict of interest” as he faces scrutiny over a series of questionable interactions. Tweets from Times reporters Maggie Haberman and Mike Grynbaum, who were ... Read More »
The euro zone saw the fastest business growth this year, with the Composite Purchasing Managing Index (PMI) for November coming in at 54.1, the highest since December 2015 and up from 53.3 in October, according to data provider Markit. Both the manufacturing and service sectors increased at similar rates, with ... Read More »
The pensions regulator is currently giving evidence to MPs on, among other things, BHS. Ahead of the meeting, the chairman of the House of Commons work and pensions committee Frank Field wrote to the regulator asking if Sir Philip Green’s superyacht and other assets could be seized to help plug ... Read More »
MUMBAI, NOV 18: The rupee today crashed below the psychological 68-mark to end at near nine-month low as sentiment turned bearish on combination of growing US rate hike expectations and stunning dollar run. Witnessing a near-term rout, the home currency crumbled by a whopping 31 paise to end at 68.13 ... Read More »
Hundreds of businesses such as Starbucks, General Mills and Hewlett Packard are asking President-elect Donald Trump to follow through on U.S. commitments to combat climate change. They argue it’s good for business. More than 360 companies and investors made their plea in an open letter to Trump, President Obama and ... Read More »
The chief financial officers (CFOs) at Britain’s biggest companies are more worried than their European counterparts about how Brexit will affect their firms’ bottom lines, according to a new survey by Deloitte. 65% of British CFOs say Brexit negotiations will be “bad for business,” compared with just 37% of European ... Read More »
The British government will be “unashamedly pro-business” as it seeks to forge the country’s future role outside the European Union, but business must also act responsibly, Prime Minister Theresa May will say on Monday. In a speech at Mansion House in the City of London financial district, May will say ... Read More »
The emergence of the idea of the blockchain that drove the creation of Bitcoin and other cyber currencies is one of those signal events in the history of computing. Just as Doug Englebart invented the mouse in 1968 and proposed a vision for user experience that has yet to be ... Read More »
BEIJING: Alibaba Group Holding Ltd’s Singles’ Day sales surged past last year’s 91.2 billion yuan ($13.36 billion) total with nearly nine hours left on the clock, but growth was markedly slower than in 2015 as shoppers sought even bigger price cuts. Amid fanfare and celebrity razzmatazz, sales on Alibaba’s platforms ... Read More »
NEW DELHI: With the government extending use of old Rs 500 and Rs 1,000 notes, among other things, to buy airline tickets from airport counters till Monday midnight, airlines have come out with stringent norms to check misuse of this relaxation. India’s largest domestic airline IndiGo, for instance, tweeted: “Tickets ... Read More »
