‘Only an all-round recovery of the economy can revive demand’ Even as the auto industry clamours for fiscal relief in the form of a GST rate cut, truck operators say there is no real benefit from such a move. GST... Read more
NEW DELHI: Hospitality industry insiders are expecting better occupancies and growth in the upcoming festive and winter season following the reduction in GST rates on luxury and premium hotels in the country. The GST Council had on Friday slashed room rates for hotels with... Read more
New Delhi: The Union government has finally decided to bite the bullet on a tax cut for the automobile sector, on a day the industry reported the worst August for passenger vehicles in 18 years. Dispatches to dealerships during the month plunged... Read more
President Donald Trump said Friday the U.S. economy would climb like “a rocket ship” if the Federal Reserve cut interest rates. Commenting after a strong jobs report for March, Trump said the Fed “really slowed us down” in terms of economic... Read more
Smog on a main thoroughfare in Harbin, China, in November. Officials are under intense pressure to rein in dangerous air pollution. CreditTao Zhang/Getty Images Want the latest climate news in your inbox? You can sign up here to receive Climate Fwd:, our new email... Read more
Lee Jae-yong, center, vice chairman of Samsung Electronics, arriving for questioning in the corruption scandal that brought down President Park Geun-hye, at the office of the independent counsel in Seoul on Feb. 13. CreditPool photo by Jung Yeon-Je Forget Machiavelli,... Read more
It is estimated Tesco will save upwards of £100m over the next five years Supermarket giant Tesco is in line for a £105m cut in business rates on its biggest stores, while small firms are set to be hit with... Read more
And reconciliation can be whatever you want it to be. After the breakdown of health-care reform, both President Trump and the Republican Congress need a W — a win. And not just any win, but one that will play into... Read more
Travis Kalanick, CEO of UberPhoto by Mike Windle/Getty Images for Vanity Fair Where technology and economics collide Uber CEO Travis Kalanick has withdrawn from Donald Trump’s economic advisory council, according to reports by the New York Times and Recode. The... Read more
File photo. Last August, Rishi Jaitly was also appointed as the vice-president of media for Asia-Pacific and Middle East North Africa markets at Twitter. Photo: Abhijit Bhatlekar/Mint Bengaluru: Twitter Inc.’s India head, Rishi Jaitly, announced that he is leaving the... Read more