A redemption of mutual fund investments gives rise to capital gain or loss, which are taxed as capital gains. A loss, however, can be set-off against other taxable gains from other asset classes

The top line and bottomline of engineering solutions firm Cyient have been impacted by the Covid-19 pandemic. The revenue of the firm in the fourth q

In a major shake-up amidst the rising coronavirus cases in Mumbai, BMC Commissioner Praveen Pardeshi has been shunted out. He is transferred as an ad

State sees single day highest spike in cases with 48 cases on Friday

Reliance Capital reported a consolidated net loss of ₹2,179 crore for the fourth quarter of fiscal FY20 against a net loss of ₹2,304 crore a year ago.

Local demand for spices seem to be slowly picking up, thanks to a reported campaign on ayurvedic cure for Covid-19. This has created some enthusias

PMO asks Ministries to suggest measures to support respective sectors

Organisations still following old-school principles of digital aversion and hierarchical work culture will find it difficult to adapt to the new normal post Covid-19

The Reserve Bank of India (RBI) on Friday received robust bidding amounting to 4.8 times the notified amount of Rs 10,000 crore at the auction of the

The Reserve Bank of India (RBI), on Friday, received robust bidding amounting to 4.8 times the notified amount of ₹10,000 crore at the auction of the

India is recording a sharp rise in Covid-19 cases every day. Over the past two days, it reported over 3,000 new cases each day. Prior to that, cases

The Carlyle Group, a global investment firm, has entered into an agreement to acquire a majority stake of up to 74 per cent in Mumbai-based pure-play

PMO asks ministries to suggest measures to support respective sectors

With work from home (WFH) expected to be the new norm, Reliance Jio Infocomm (RJio) has launched a new plan, which provides 33 per cent more data than

While the Centre is mulling a ‘Covid Cess’, some States are clamouring for payment of their GST dues

Asks pubs, clubs and hotels to clear existing liquor stock by May 17

Even though the recent e-meeting of SAARC nations was on Covid, it didn’t stop Pakistan from raising the Kashmir and CAA issues

Reacting to former Congress president Rahul Gandhi’s statement urging Prime Minister Narendra Modi to hold more discussions with State Chief Minister

The LG Polymers accident raises issues of culpability and industrial planning

The Government’s estimated gross market borrowing in the financial year 2020-21 will jump to ₹12 lakh crore against ₹7.80 lakh crore estimated in the

Soya oil at the mandis in Indore edged up on strong global cues with soya refined (Ruchi) being quoted at ₹802 for 10 kg, soya refined (Neemuch) at ₹7

 Turmeric prices ruled steady in Erode markets on Friday.At the Erode Turmeric Merchants Association Salesyard, finger turmeric was sold at ₹5,399-6,8

Earnings from the Coonoor Tea Trade Association (CTTA) auctions in the first quarter (Q1) of current calendar have fallen by 28.17 per cent over the

Opposition parties in Karnataka demanded that Chief Minister BS Yediyurappa should push for a ₹50,000 crore special economic package from the Centre.S

The Madras High Court has ordered all State-run Tasmac liquor shops to be shut down till lockdown on May 17. However, online sales and home delivery h

Sovereign gold bondsThis is with reference to the editorial ‘Bonding with gold’ (May 8). The falling demand for gold is also due to people’s craze for

Opposition party leaders of seven parties, such as Sitaram Yechury, D Raja, Manoj Jha and Thol Thirumavalavan, have written to President Ramnath Kovi

Why only big e-commerce companies have the luxury of having very expensive IT solution to run their businesses? A Hyderbad-based startup, ONGO Framew

Arvind Kejriwal is perceived to have betrayed them in North East Delhi where communal violence and Covid-19 has pushed residents into poverty and hunger

Top retailers have sought Tamil Nadu Chief Minister Edappadi K Palaniswami’s intervention to allow them to restart operations.“We request you to allo

But Indian scientists studying monsoon pick holes in the US study

The government on Friday announced raising its borrowing by over 50 per cent of Budget Estimate during the current fiscal. Additional borrowing means

Hiring labourers from Bihar for paddy milling work

Malaysia, Philippines show interest; weak rupee makes country competitive

The country’s pharmaceutical exports increased 7.57 per cent in the financial year ended March 31, at $20.58 billion, against $19.13 billion in the

With an increasingly large share of the Indian workforce working from home (WFH) amid the lockdown, and with the trend expected to continue for the n

10 more Covid-19 cases today; 34 discharged

Say laws are amended to woo firms looking to leave China; fear exploitation of workers

Solar Energy Corporation of India (SECI) Limited has received bids from project developers to supply round the clock power from renewable energy (RE)

Tech giant Google is set to add more 3D objects viewable right from the search results page on mobile, including Neil Armstrong’s spacesuit and anatom

The Finance Ministry on Friday allowed discounting of prolonged stay period in India for the purpose of determining residency status from the taxation

Milaap, considered as South Asia’s largest online crowdfunding platform, has collected nearly Rs 90 crore which will be used to help stranded migrant

Google will soon enable group calls for the web version of its chat app, Google Duo, the search giant said on Friday. “In the coming weeks, you'll be

Social media site Facebook announced on Friday that it is set to roll out its redesigned desktop website to all its users over the next few weeks. It

Maharashtra Chief Minister, Uddhav Thackeray on Friday said that State Government could ask the Centre for additional manpower for policing as the Mah

Microsoft has revealed that it plans to deliver a feature update (May 2020 Update) between May 26 and May 28, said a report in Windows Latest.Microsof

The company will soon integrate Tamil, Telugu, Bengali, Malayalam, Kannada, Marathi, and Gujarati