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Topics: India

India to increase tariff duties on 29 additional US products

After extending the deadline for several times, India has decided to impose additional customs duties on 29 US products, including almond, walnut, and pulses,...

Prime Minister Narendra Modi hits out at unilateralism and trade protectionism at SCO Summit

Prime Minister Narendra Modi on June 14 hit out at unilateralism and trade protectionism and said that there is a need for a rules-based,...

EAC to issue “Point-to-Point rebuttal” over former CEA Arvind Subramanian’s overestimated GDP number claims

The Economic Advisory Council to the PM on June 12 refuted the claims of former CEA Arvind Subramanian regarding overestimation of GDP numbers and...

Ducati launched Hypermotard 950 model in India, price starts at Rs 11.99 lakh

A Bologna-based Italian superbike maker Ducati on Wednesday launched its all-new Hypermotard 950 model in India at the price of Rs 11.99 lakh (ex-showroom). While...

China: Prime Minister Narendra Modi, Xi Jinping may discuss US trade protectionism in SCO summit

Describing Prime Minister Narendra Modi and President Xi Jinping as "good friends", China on Monday hoped that the two leaders would discuss their respective...
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Coal India to hire merchant bankers for acquiring equity stakes in Australian coal assets

State-owned Coal India will hire merchant bankers to carry out financial due diligence for acquiring equity stakes in identified mines and companies in Australia...

RBI Governor: Need for a fresh look at NBFC supervision; norms soon on liquidity risk management

Concerned overstress in the NBFC sector, RBI Governor Shaktikanta Das Saturday said there is a need to have a fresh look at the regulation...

Report: e-Money shares in India’s payment systems grew up by 21.5%

Getting a leg-up from the demonetization of Rs 500 and Rs 1,000 notes in November 2016, the share of e-Money in India's payment systems...

Nirmala Sitharaman to attend G20 Finance Ministers meeting in Japan

Finance minister Nirmala Sitharaman will attend the two-day meeting of G-20 finance ministers and central bank governors in Japan beginning June 8, said a...

World Bank retains India’s growth rate at 7.5% for FY20

India is projected to grow at 7.5 percent in the next three years supported by robust investment and private consumption, the World Bank has...
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Zomato’s Bharatvarsh expansion, now available in more than 300 cities

In an attempt to increase the business presence in the country, A Gurgaon based online food delivery company Zomato has said that “The...

Indian junk bonds make a big comeback in 2019

Sales of Indian junk bonds have made a big comeback in 2019, almost tripling to hit a five-year high, boosted by a risk-on rally...

Infinix Mobile is expecting the growth of 50 to 60 percent from smartphone sales

Mobile device maker Infinix expects around 50-60 percent growth in its smartphone sales this year with its focus on customers in the economy segment,...

Crude oil futures gains 0.65 percent on a global trend

Crude oil futures rose by Rs 30 to Rs 4,623 per barrel on Tuesday as speculators created fresh positions, tracking a firm trend at...

ByteDance says TikTok ban in India is causing a daily loss of $500,000

India's ban on popular Chinese video app TikTok is resulting in "financial losses" of up to $500,000 a day for its developer, Beijing Bytedance...
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Report: 87 percent of Indians says no to harassment at workplace

A whopping 87 percent of professionals in India say that harassment prevention at the workplace is a very important trend for the future of...

Ashish Sinha: India’s growth trajectory holds tremendous potential for global stakeholders

India's growth trajectory holds immense potential for global stakeholders to establish energy, infrastructure, and technology collaboration with the country, a UN forum here has...

Walmart is committed to Indian market says Walmart CEO Doug McMillon

Almost a year into writing a USD 16 billion cheque for Flipkart, Walmart CEO Doug McMillon Tuesday said the retail giant continues to be...

Asian internet companies are competing with traditional banks on consumer finances

Asia’s internet firms are challenging the region’s traditional banks for consumer finances, tapping their massive user networks for business and following a trail blazed...

IBM is using AI to create chatbots more emphatic

Chatbots may have become ubiquitous in recent times, assisting businesses in everything from bill payments to customer services, but these automated algorithms still struggle...
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Twitter witnessed 45.6 million tweets in a month before the Lok Sabha election 2019

The U.S. based micro-blogging site Twitter Inc on Thursday announced that "It has reported 45.6 million tweets on its platform during a first-month period...

Shaktikant Das: Monetary economics in emerging markets needs a rethink

Observing that the global financial crisis has exposed several limitations of conventional and unconventional monetary policy tools, Reserve Bank of India (RBI) Governor Shaktikanta...

Snapchat launches polling information tool for Indian voters

Aiming to encourage people ahead of the 2019 Lok Sabha polls, photo-messaging app Snapchat on Wednesday announced the launch of tools and polling information...

Coca-Cola to launch ‘Powerade’ sports drink in India ahead of ICC World Cup

Ahead of ICC World Cup 2019, the U.S. soft drink maker giant Coca-Cola is planning to introduce its new sports drink called 'Powerade' in...

World Bank: India’s economic growth driven by domestic demands, need to focus more on exports

India's economic growth in recent years has been "too much" driven by domestic demand and its exports were about one-third of its potential, a...
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‘Stupid Trade’ says Donald Trump on 100% tariffs imposed by India on US products

India charges America over 100 percent tariffs on a large number of products while the US imposes nothing on the similar or same items,...

DR Reddy: To avoid debris threat to global space assets, India chose lower orbit for A-SAT test.

A day after NASA raised its concerns about the threats of debris to global space assets by the launch of ISRO's A-SAT test for...

Volvo Car India reports 25 percent growth in retail sales business in 2018-19

Volvo Cars India, a business arm of Swedish luxury automaker Volvo has reported a 25 percent growth in the retail sales business. In the statement,...

Bengaluru based Fintech startup BharatPe secures $15.5 million in series A round funding from Insights Partners, Sequoia and Beenext

A Bengaluru-based fintech startup, BharatPe has announced that "it has raised $15.5 million in series A round funding from Insight Partners and few others. The...

Microsoft’s this app will allow the employees of Indian Railways to connect with healthcare services

Tech giant Microsoft on Thursday said Indian Railways will use its 'Kaizala' solution to connect employees across the country with quality healthcare facilities. Microsoft had...
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