Why the Sensex is on fire even as the economy hurtles downhill

The last time services activity contracted for two consecutive months was in August 2017 following the hasty implementation of GST

Sixteen CEOs and economists lay out a roadmap to revive the economy

Business confidence rises a bit as business leaders expect improvement in economic growth following the corporate tax rate cut. Their willingness to invest and the outlook for private consumption remain weak though, finds the latest Business Today-C fore Business Confidence Survey.

Modi is counting on companies to quickly relocate or expand and hire but many businesses will need the cash just to tide them over and won't want to take a risk when demand for everything from cars to biscuits has been hit.

The government slashed the income tax rate for companies by almost 10 percentage points to 25.17 per cent and offered a lower rate to 17.01 per cent for new manufacturing firms to boost economic growth rate from a six-year low by incentivising investments to help create jobs.

According to industry experts, the rising price of crude post the attack will deplete the country's foreign currency reserves and widen the fiscal deficit gap, while it fuels inflation in the domestic market

The top three sectors that received maximum foreign funds are telecom, the services sector -- BFSI vertical, non-financial activities, outsourcing, R&D and courier services, among others -- and computer industry.

President of US-India Business Council, Nisha Desai Biswal has said India should present its growth vision and why businesses should look to invest in the country

INX Media case: Arrested by the CBI over charges of money laundering and corruption in the INX Media case, Chidambaram might be in for a long battle in courts before his name is cleared.

The Reserve Bank of India (RBI) lowered its benchmark interest rates for a fourth straight meeting this month with a slightly bigger than expected cut, underscoring its worries about the near-five year low economic growth pace

RIL has built a unique portfolio extremely valuable assets in the world's fastest growing economy, says Mukesh Ambani; each of our businesses is contributing to the transformation of India, adds Ambani