TechBiz Subscribe to TechBiz

BJP function in Srinagar

GST Bill to be taken up in next Parliament session: Jaitley

NEW DELHI: The GST Bill, which will bring the “single biggest tax reform since Independence”, will be taken up in the next Parliament session, Finance Minister Arun Jaitley said today… Read more »


Black money outflow from India increases nine-fold

WASHINGTON: The outflow of black money from India to foreign countries has increased nine-fold from USD 10 billion in 2003 to USD 94.7 billion in 2012. India has replaced Malaysia… Read more »

SIT Chairman M B Shah

Make tax evasion serious crime: SIT chief

NEW DELHI: Tax evasion needs to be made a serious ‘criminal offence’ to force foreign countries to reveal names and account details of Indians stashing illicit wealth abroad, the Special… Read more »

Reliance sells multiplex biz to Carnival

Reliance sells multiplex biz to Carnival

NEW DELHI: Anil Ambani led Reliance Group has sold its multiplex business to South-India based Carnival Group in the largest ever deal in this space. The transaction will reduce Reliance… Read more »


Inflation hits zero level, lowest in 5-years

NEW DELHI: Declining prices of vegetables and fuel items pulled down the inflation to zero level in November, the lowest in about five and half years, exerting pressure on RBI… Read more »


Jindal Stainless enters modular toilet space

NEW DELHI: Betting big on the government’s Swachh Bharat initiative, Jindal Stainless has forayed into the modular toilet manufacturing segment and is targeting Rs 200 crore business in the next… Read more »


Swiss gold exports to India Rs 1-trillion

BERNE/NEW DELHI: Amid concerns of bullion trade being used for routing of black money, Switzerland’s gold exports to India have risen further and are fast approaching Rs one-trillion mark for… Read more »


Microsoft denies showing pre-natal sex ads

NEW DELHI: Microsoft Corporation (I) Pvt Ltd, which runs ‘’ search engine, has submitted before the Supreme Court that it never advertised any pre-natal sex selection technologies on its website… Read more »

Prakash Javadekar

New climate deal addressed our demands: India

LIMA: India has hailed the outcome of the climate summit here, saying the deal reached has addressed the concerns of the developing countries and given them enough space to grow… Read more »

Inflation hits a zero, lowest in over 5-years

Inflation hits a zero, lowest in over 5-years

NEW DELHI: Wholesale price inflation hit a zero level in November, the lowest in about five and half years, on account of decline in prices of food, fuel and manufactured… Read more »


Warning against attaching to unknown wi-fi

MELBOURNE: In the backdrop of massive smartphone penetration in India, a US-based security solutions firm has warned users against attaching to free and unknown wi-fi connections. “Free and unknown wi-fi… Read more »

Blackmoney Govt is strengthening mechanism

Blackmoney: Govt is strengthening mechanism

NEW DELHI: Amid its efforts to bring back black money stashed abroad, government today said it has taken various measures to strengthen the enforcement mechanism by putting in place a… Read more »

Prince of Qatar with Mitesh Sharma

Prince of Qatar invests Rs. 1,00,000 crores in Modi’s ‘smart city’ project

NEW DELHI: PM Narendra Modi’s ambitious ‘smart cities’ project is attracting foreign investments. Prince of Qatar Sheikh Dr. Hamad Bin Nasser A A Al-Thani , member of ruling family, along… Read more »

President Pranab Mukharjee, Chief Minister of Karnataka Siddaramaiah and Governor of Karnataka Vajbhai R. Vala at the launch of the Unified Mobile Governance Platform for citizens "Karnataka MobileOne" in Bengaluru 
on December 8

Karnataka launches multi-mode mobile governance

BENGALURU: President Pranab Mukherjee has launched here what is considered the country’s first and the world’s largest multi-mode mobile governance platform with over 4,500 services called ‘Karnataka MobileOne’ here. The… Read more »

India tops market for hotel guests in Abu Dhabi

India tops market for hotel guests in Abu Dhabi

DUBAI: India has emerged as Abu Dhabi’s top overseas source market for hotel guests with nearly 3,00,000 Indians checking in this year, according to a study. Some 2,838,842 Indians checked… Read more »


Communication satellite GSAT-16 launched successfully

BENGALURU: Augmenting India’s space capacity to boost communication services, its latest satellite GSAT-16 was successfully launched on board Arianespace rocket from the space port of Kourou in French Guiana in… Read more »

India forex reserves up USD 1.432 bn to USD 316.311 bn

India forex reserves up by USD 1.432 bn

MUMBAI: The country’s reserves surged by USD 1.432 billion to USD 316.311 billion in the week to November 28 due to rise in foreign currency assets, RBI data showed. In… Read more »


Defending status quo, Rajan says don’t want flip-flop in policy

MUMBAI: RBI Governor Raghuram Rajan has defended status quo in the monetary policy saying that he does not want to “flip-flop” on it and is looking for “certainty” on various… Read more »


Modi getting rock star treatment from investors

WASHINGTON: With money managers pouring in a whopping USD 16.5 billion in Indian stocks, Prime Minister Narendra Modi is being treated like a rock star by investors around the world,… Read more »


Only 48% of Indians have access to bank a/c

NEW DELHI: Only 48 per cent of Indian adults have bank accounts and nearly half of them lie dormant, says a report. According to a nation-wide survey on financial behavior,… Read more »