Business

HTC unveils Rs.52,990 flagship smartphone in India

Thu, 05/26/2016 - 14:22

New Delhi, May 26 (IANS) In a bid to heat up the premium flagship smartphone segment, Taiwan-based company HTC on Thursday launched its flagship HTC 10 for the Indian consumers that will compete with the likes of Samsung Galaxy S7/S7 Edge, iPhone 6S/6S Plus and LG G5.

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Ensure Indian firms not subjected to double taxation: India Inc.

Thu, 05/26/2016 - 14:02

New Delhi, May 26 (IANS) As the government fine-tunes tax regime with countries it has the Double Taxation Avoidance Agreement (DTAA) with, India Inc. has asked the Income Tax department to ensure that Indian firms are not subjected to double taxation.

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Municipal bonds for civic projects on pilot basis

Thu, 05/26/2016 - 13:46

New Delhi, May 26 (IANS) Breaking new ground in a bid to help civic bodies raise capital for financing infrastructure projects, three such entities will soon issue bonds on a pilot basis, according to a top finance ministry official.

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Download these free web apps to multi-task better

Thu, 05/26/2016 - 12:58

New York, May 26 (IANS) A team of researchers has listed some web apps that help people work collaboratively and complete shared tasks online, often over long distances.

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Oil hits $50 a barrel for first time this year

Thu, 05/26/2016 - 12:56

London, May 26 (IANS) The price of oil on Thursday went above $50 a barrel for the first time in 2016 as supply disruptions and increased global demand continue to fuel a recovery.

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India's bankruptcy law positive for banks: Moody's

Thu, 05/26/2016 - 12:00

Chennai, May 26 (IANS) Global credit rating agency Moody's Investors Service on Thursday said India's bankruptcy code boosts creditors bargaining power against big borrowers.

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Facebook bids goodbye to desktop ad exchange

Thu, 05/26/2016 - 10:28

Washington, May 26 (IANS) Social networking giant Facebook is reportedly planning to close FBX -- an ad exchange that allows advertisers to buy desktop ads, media reports said on Thursday.

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Sensex gains 110 points in early trade

Thu, 05/26/2016 - 10:00

Mumbai, May 26 (IANS) A benchmark index of Indian equities markets, the 30-scrip Sensitive Index (Sensex), on Thursday was trading 110.39 points or 0.43 percent higher during the morning session.

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Chinese yuan strengthens

Thu, 05/26/2016 - 08:36

Beijing, May 26 (IANS) The central parity rate of the Chinese yuan strengthened 141 basis points to 6.5552 against the US dollar on Thursday, according to the China Foreign Exchange Trading System.

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Chinese shares open lower

Thu, 05/26/2016 - 08:16

Beijing, May 26 (IANS) Chinese stocks opened lower on Thursday, with the benchmark Shanghai Composite Index down 0.05 percent, at 2,813.54 points.

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