The Modi government has gone for a raft of changes in the foreign direct investment (FDI) rules for 15 sectors - including retail, defence, construction, banking and electronic media - signalling that despite NDA's electoral defeat in Bihar...
-
12th Sep 2024 | Updated at 09:31am 12th Sep 2024
Tata Motors Q3 net more than doubles to £714.5 mn
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 wants RBI to go slow on interest rate hikes
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...
Even after India's 12-slot jump in the World Bank's Ease of Doing Business survey, Finance Minister Arun Jaitley said the actual improvement in the ease...
Indian automobile giant Tata Motors announced it has signed-up Argentine footballer Lionel Messi as its global brand ambassador for its passenger vehicles
The World Bank maintains its growth forecast for the Indian economy for the current fiscal year, expecting it to expand by 7.5 per cent in 2015-16
The government of India has set up a 10-member panel to simplify the over 50-year old Income Tax Act, in an bid to ensure certainty in tax policy for ease...
Revealing the draft civil aviation policy, the government has proposed tax incentives for airlines, maintenance and repair works of aircraft, besides mooting...
A report titled, 'India Outlook: Searching for Potential,' by Moody's Analytics has said that the controversial comments by Bharatiya Janata Party members...
The Reserve Bank of India has issued directions to all scheduled commercial banks on the Gold Monetisation Scheme which is set to replace the Gold Deposit Scheme of 1999.
Japan has offered India funds for its first bullet train, estimated to cost $15 billion, at an interest rate of less than 1 per cent.
Giving more support to Indian Prime Minister Narendra Modi's 'Make in India' campaign, American aviation major Boeing chairman James McNerney said that...
