Centre: Code on failing banks soon

The Centre will soon put out the draft code on resolution of distressed financial firms for discussion.  Mumbai: The Centre will soon put out the draft code on resolution of distressed financial firm...

Cyprus inks deal to plug tax loopholes

Mauritius, India and Cyprus have agreed to revise their tax treat New Delhi: After Mauritius, India and Cyprus have agreed to revise their tax treaty under which capital gains tax will be levied on s...

Factory growth at 3-month high

The activity in India’s manufacturing sector rose to a three-month high in June. MUMBAI: Supported by a stronger increase in new business orders, the activity in India’s manufacturing sector rose to ...