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...

Global ratings agency Moody's Investors Service lowered India’s sovereign credit rating outlook to negative from stable, citing rising risks to economic growth and increased probability of a more entrenched slowdown due to prolonged financial...

The Indian government has virtually ruled out a reduction in personal income tax, including in the forthcoming Budget, with well-placed sources citing examples of higher rates in several countries such as China, the US and the UK, apart from...



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