India's industrial output grew 5% in February, the fastest pace of expansion in three months on the back of an improving manufacturing sector and robust growth in electricity and capital goods sector.
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24th May 2022 | Updated at 07:55pm 24th May 2022
After re-entry, Ford to exit India again
Ford Motors did a U-turn in only three months, announcing that it’s giving up on EV manufacturing in India (for exports), despite making the cut for benefits under the government’s production-linked incentive (PLI) scheme. It is believed that...
Maruti to set up new manufacturing plant in Sonipat
Maruti Suzuki will spend £1.1 bn to set up a new manufacturing facility in Haryana, its third in the state and spread over an 800-acre area, as India's largest carmaker looks to add a fresh 10,00,000 units to its capacity from the location over...
Indian Prime Minister Narendra Modi last week launched a bank with a corpus of Rs 200 billion to extend credit of up to Rs 1000,000 to small businesses...
B Ramalinga Raju has been sentenced to seven years in jail in the multi-million Satyam Computer Services Ltd (SCSL) accounting fraud case, by a special...
India's foreign exchange reserves increased by $1.62 billion to $343 billion for the week ended April 3, Reserve Bank of India (RBI) data showed
Apple is secretive about almost everything it does. And among its best kept secrets is the work it does with Indian IT vendors
The Indian banking sector is all set to see a sea change in next two years with several new institutions and existing government banks undergoing a great...
After two successive years of decline, car sales in India registered a 5% growth in the last financial year (2014-15). But the revival may not be sustained in the current financial year due to an adverse impact on the rural economy after unseasonal...
Body*Moody's ratings revised India's sovereign rating outlook to "positive" from "stable" as it expects the actions by policy makers will enhance the country's...
India's finance minister Arun Jaitley said India would not be allowed to become a tax haven and that the government would provide a reasonable window of compliance to those who have stashed away ill-gotten money overseas to come clean
India's central bank on Tuesday kept its key policy rates and the reserve ratios unchanged in line with the predictions, while awaiting more robust data on inflation and action from commercial banks to soften their cost of credit to alter its...
