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Indian stock market opens in green, Nifty above 23,500

Mumbai, March 27 (IANS) The domestic benchmark indices opened in green on Thursday amid mixed global cues, as selling was seen in the auto sector in the early trade.At around 9.26 am, Sensex was trading 112.96 points or 0.15 per cent up at…

Trump announces 25 per cent tariff on imported cars

Washington, March 27 (IANS) US President Donald Trump raised tariffs on imported automobiles and parts to 25 per cent and indicated that the reciprocal tariff system that goes into effect on April 2 will be “lenient”.The new tariff will go…

Nestle India faces Rs 69 lakh tax penalty

Mumbai, March 26 (IANS) Nestle India Limited on Wednesday announced that it has been hit with a tax penalty of Rs 69.45 lakh after the Appellate Authority upheld an earlier order issued under the Customs Act, 1962.The penalty arose from a…