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PM's Houston visit: India, US to deepen energy cooperation
Business

PM's Houston visit: India, US to deepen energy cooperation

India and the US are set to deepen their bilateral energy cooperation with Prime Minister Narendra Modi choosing Houston for his first stop, and the mega 'Howdy Modi' event that will see US President Donald Trump also attend in a rare gesture.

Facebook picks 6 projects from India for AI ethics research
Business

Facebook picks 6 projects from India for AI ethics research

To encourage research on Artificial Intelligence (AI) ethics, Facebook has selected six projects from India that will focus on three key areas - governance, cultural diversity and operationalising ethics.

Corp tax cut credit positive,but raises fiscal risks: Moody's
Business

Corp tax cut credit positive,but raises fiscal risks: Moody's

Corporate tax reduction is credit positive for companies but increases the government's fiscal risks, global rating agency Moody's said on Saturday.

AI creates new possibilities for personalisation this year
Business

AI creates new possibilities for personalisation this year

Artificial Intelligence (AI) and cross-industry collaborations are creating new avenues for data collection and offering personalised services to users this year, according to a report.

After tax cuts, GST Council gives a push to hospitality sector
Business

After tax cuts, GST Council gives a push to hospitality sector

Friday proved to be a big day for India Inc. After a slew of tax concessions including reduction in corporate tax from 30 per cent to 22 per cent, the GST Council has lowered tax on a number of goods and services to spur demand.

US Fed official defends larger cut after divided vote
Business

US Fed official defends larger cut after divided vote

James Bullard, president of the Federal Reserve Bank of St. Louis, continued to demand a larger cut in interest rates, after voting against the US Fed's decision to lower rates by 25 basis points earlier this week.

US restoring India's GSP status hope high during Modi visit
Business

US restoring India's GSP status hope high during Modi visit

Speculation is high that US could consider reinstating India's designation as a beneficiary developing nation under the key GSP trade programme as part of a potential trade deal between the two countries and both the countries will announce a trade package during Prime Minister Narendra Modi's visit.

Tax sops to boost India's IT competitiveness: Nasscom
Business

Tax sops to boost India's IT competitiveness: Nasscom

Terming the tax relief as a positive step to promote growth, investment and jobs, the Indian IT industry's apex body Nasscom on Friday said the bold measures would increase India's competitiveness in software services and products.

Hero MotoCorp, Maruti top gainers on 'historic' Friday
Business

Hero MotoCorp, Maruti top gainers on 'historic' Friday

As Indian stock markets surged to decade-high gains on Friday following Finance Minister Nirmala Sitharaman's announcement of corporate tax rate cut among other measures, Hero MotoCorp and Maruti Suzuki India were the best performing stocks on the Sensex.

Lenders of ILFS 'amber' cos. refuse green light
Business

Lenders of ILFS 'amber' cos. refuse green light

Secured lenders of four of the amber entities of ILFS have rejected the proposals for restructuring of debt. The response of the lenders was recorded at a hearing of the National Company Law Appellate Tribunal (NCLAT) in Delhi on September 4. Most of these companies were executing road projects.

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