IMD issues warning as rains inundate parts of Mumbai

Incessant rains with intermittent spells of moderate to heavy showers since Friday morning have slowed down public transport services and traffic in Mumbai. IMAGE: Children cross a road amid rain,......

SC rejects govt plea, upholds Bengal's suit on CBI

The Central Bureau of Investigation is under the superintendence of the Union government as per the statutory scheme, the Supreme Court held on Wednesday while rejecting the Centre's objection to......

Central Railway trains come to a halt in rain-hit Mumbai

Central Railway services faced significant disruptions due to rain-induced waterlogging on Monday despite installing high-capacity pumps in low-lying areas, inconveniencing thousands of passengers......

Heavy rain lashes parts of country, cripples Mumbai

The monsoon spelt mayhem in several parts of the country on Monday, particularly Mumbai where local train services and flight operations were hit and everyday life disrupted as well as Assam that......

Why Petroleum Products Are Not Under GST

Adding petrol and diesel to GST was a challenging task due to their significant role as revenue generators for both the central and state governments. Photograph: Francis Mascarenhas/Reuters......

'Tax Relief For Middle Class Will Boost Markets'

'Like every Budget, this time, too, there is chatter around tinkering with the long-term capital gains tax.''Investors may not want to jump into the markets until there is clarity on this front.'......

The major decisions taken by the GST Council

The GST Council on Saturday decided to tweak tax rates on items, including accommodation services for students and solar cookers, and took a host of taxpayer-friendly measures including waiver of......

Value-add target in new PLI scheme for electronics manufacturing may double

In a move to deepen manufacturing in electronics in India, the Centre is targeting 35-40 per cent value-addition through the yet-to-be launched production-linked incentive (PLI) scheme for......

Mumbai's Memorable Fan Party For Team India

IMAGE: Fans celebrate during Team India's victory parade in Mumbai on Thursday. Photographs and Video: Satish Bodas, Hitesh Harisinghani, Afsar Dayatar for Rediff.com and Saahil Salvi South Mumbai......