New Delhi: Individual taxpayers are in for a small and marginal relief with the Direct Tax Code (DTC) Bill approved by the Union Cabinet on Thursday raising the income tax exemption limit to Rs 2 lakh a year from Rs 1.6 lakh now.

Toronto: As India's deadline of Aug 31 over access to its ultra-encrypted messenger and email services approaches, BlackBerry maker Research In Motion (RIM) said it has no "master key" or "back door" to accommodate requests for access to encrypted data.

Mumbai: Jet Airways, India’s largest airline in terms of marketshare, is looking at an equity dilution, said Founder and Chairman Naresh Goyal. “Jet Airways will be going in for equity dilution of up to 20 per cent,” he announced at the 18th annual general meeting of the company here today.

Bangalore: India's finance ministry and the Reserve Bank of India have started discussions to raise the cap on foreign fund investments in debt from $20 billion a year, a financial newspaper reported on Friday, citing unidentified officials.

Washington: Applications for jobless benefits fell more than forecast last week, easing concern American employers are again slashing payrolls as the economy slows.

Mumbai: IT major Tech Mahindra's Chief Executive Officer (CEO) Sanjay Kalra has resigned from the company to pursue other interests, the company said today.