The finance ministry has reported that India has decided to waive imposition of a minimum alternative tax on foreign companies, as it tries to address lingering tax concerns that have made investors circumspect in committing fresh funds.
Smashing street estimates, Tata Motors’s Q3FY24 profit more than doubled to £714.5 million, benefiting from the strength of its UK luxury car business, Jaguar Land Rover (JLR). It had posted a profit of £304.3 million in the year-ago period,...
India Inc is pressing the RBI to hold off on rate increases as borrowing prices rise. According to information made public by the trade group Ficci, the average interest rate grew by one percentage point to roughly 9.4% during the most recent...
The finance ministry has reported that India has decided to waive imposition of a minimum alternative tax on foreign companies, as it tries to address lingering tax concerns that have made investors circumspect in committing fresh funds.
"India will give better returns than many other countries," finance minister Arun Jaitley said while addressing investors and business leaders in Hong Kong.
The Reserve Bank of India has selected 10 financial institutions to set up separate small banks to lend funds to small businesses and farmers struggling to get financial help.
India's wholesale prices dropped for the tenth consecutive month, while retail inflation remained at benign level, raising prospects of an interest rate cut when the Reserve Bank of India (RBI) reviews monetary policy later this month
Kicking off a whole new batch of trouble for India's Emcure Pharmaceuticals, Israeli generics company Teva recalled 40,000 bottles of medicine manufactured...
Tata Motors is currently working on a combination of network expansion, dealer development and product repositioning to turn around its passenger vehicle...
In a fresh jolt to Saharas, Reserve Bank of India has cancelled Sahara India Financial Corporation's certificate of registration as non-banking financial...
The World Bank in a report that ranks Indian states in an effort to encourage them to cut red tape, said that Gujarat, the state Prime Minister Narendra...
The Indian economy is expected to clock a 7.5 per cent GDP growth in this fiscal year, slightly lower than the previous estimate of 7.9 per cent largely because of bad weather and weak external demand, Morgan Stanley said in a report.
After GDP data showed a lower first quarter growth, chief economic advisor Arvind Subramaniam said Indian economy now faces a new challenge in deflation