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Govt looks to exempt foreign portfolio investors from higher taxes: Report

The Budget provided for increased personal income taxes on those with an annual income of more than Rs 2 crore

Samsung's new Galaxy Note takes on Huawei in selfie beauty pageant

Samsung hopes the Galaxy Note 10 will appeal to YouTubers and fans of social media

Information of over 100 mn individuals in US, Canada hacked: Capital One

The hacker did not gain access to credit card account numbers, but about 140,000 Social Security numbers and 80,000 linked bank account numbers were compromised

Trump warns China not to wait for 2020 US election to make trade deal

Trump said China appeared to be backing off on a pledge to buy US agricultural products, which US officials have said could be a goodwill gesture and part of any final pact

RBI relaxes external commercial borrowing norms for corporates, NBFCs

ECBs with a minimum average maturity period of 10 years can now be used for working capital purposes and general corporate purposes

Delhi bans for 3 years company that makes Budweiser, Hoegaarden beers

Anheuser-Busch InBev has been banned from selling its products in the for three years for allegedly evading local taxes.

Bosnian court grants bail to Pramod Mittal, 2 others in fraud case

The cantonal court in the northern Bosnian town of Tuzla also ordered Mittal to deposit 21 million marka for alleged damages to a company he had run in Bosnia

India expected to import 180-185 mn tonnes of coal in 2019: WoodMac

WoodMac previously said India's thermal coal imports grew at their fastest pace since 2014 to 164 million tonnes in 2018

Tax rise for high earners may trigger fund flight from India: Bimal Jalan

Finance Minister Nirmala Sitharaman, in her budget this month, raised taxes on people earning more than Rs 1 crore a year to at least 42.7%.

SBI tightens lending terms for auto dealers as sector sees downturn: Source

As part of the revised terms, the country's largest bank by assets has decided to halt lending to dealers of Hyundai Motor India unless they provide a minimum of 25% collateral

Sebi proposes tighter disclosure rules for proxy advisors to avoid conflict

Although limited in their presence in India, proxy advisors, which provide research to institutional investors, are a fixture in western markets

100,000 villages to bite into Cadbury as rural India develops taste for it

Illinois-based Mondelez, India's No.1 chocolate maker, said "the big bulk" of a $150 million increase in global investment this year - the first hike in five years - will be in rural India

Malaysia's Petronas, Japan's JXTG may buy stake in Bina refinery: Report

The Bina plant in central India, capable of processing 156,000 barrels per day (bpd) of crude oil, is operated by Bharat Oman Refineries Ltd

CGF hopes to talk India out of 2022 Birmingham Commonwealth Games boycott

In absence of shooting, which is an optional sport for host cities, India could slip to anywhere between fifth and eighth place in 2022, according to IOA estimates

BJP protests over worker deaths paralyse work at Coal India mines in Odisha

The BJP workers have been staging sit-down protests and waving flags at state-run Coal India Ltd's mines in Odisha, demanding a safety audit of all mines in the region

Grocery startup Bigbasket gets Rs 100 cr venture debt from Trifecta Capital

Bigbasket, which competes with Walmart Inc-owned Flipkart and Amazon.com Inc, will use the fresh funds to set up warehouses and boost its cold chain

India bond yields drop as FM says govt won't rethink foreign bond plan

India's benchmark 10-year bond yield fell as much as 11 bps to 6.42% on FM Sitharaman's comments

India's renewable energy cost is lowest in Asia Pacific: WoodMac report

India's levelised cost of electricity using solar photovoltaic has fallen to $38 per megawatt hour this year, 14% cheaper than coal-fired power

Mondelez plans to enter 100,000 villages as rural India feasts on chocolate

Last year, chocolate sales in India jumped 15.4% after the government, keen to win re-election, overhauled its national sales tax for many items

India firms up threat to boycott Commonwealth Games for shooting exclusion

Indian Olympic Association (IOA) president Narinder Batra has written a letter to sports minister Kiren Rijiju seeking a meeting to explain the "proposed boycott"