Chennai: The February outlook for the automobile industry leans toward cautious optimism with growth potential, said the Federation of Automobile Dealers Associations (FADA). According to FADA, though last month the industry logged good growth, there are challenges and market complexities as regards the prospects for...
New Delhi: Tata Motors Tuesday cut the prices of its electric cars by up to Rs 1.20 lakh as the company passed on to consumers the decline in the cost of battery cells of electric vehicles. Tata Passenger Electric Mobility will now sell its top-selling...
Bhubaneswar: The Odisha Cabinet Monday approved a slew of proposals, including the launch of the new scheme ‘SWAYAM’ for interest-free loans up to Rs 1 lakh to rural unemployed youth and entrepreneurs intending to expand their existing business. The state Cabinet has approved 26 proposals...
New Delhi: To address various issues of customers of beleaguered Paytm Payments Bank Ltd (PPBL), the Reserve Bank will issue a set of FAQs (Frequently Asked Questions) this week. "Wait for FAQ that will have a set of clarifications related to customers of PPBL as...
New Delhi: Retail inflation eased to a three-month low of 5.1 per cent in January mainly on account of lower food prices, according to official data released Monday. Inflation based on the Consumer Price Index (CPI) was at 5.69 per cent in December 2023 and...
New Delhi: India's industrial production grew 3.8 per cent in December 2023, according to official data released Monday. Factory output measured in terms of the Index of Industrial Production (IIP) had witnessed a growth of 5.1 per cent in December 2022. "India's Index of Industrial...
New Delhi: Industry players Monday hailed the government’s move to enhance the scheme outlay of Faster Adoption and Manufacturing of Electric Vehicles (FAME) India Phase II, saying it will enhance infrastructure, foster widespread adoption and longevity of electric vehicles across the country. The Ministry of...
New Delhi: Reserve Bank of India Governor Shaktikanta Das Monday said there was "hardly any room" to review the action taken against Paytm Payments Bank. In a major action against Paytm Payments Bank (PPBL), RBI, January 31, directed it to stop accepting deposits or top-ups...
Mumbai: Benchmark stock indices Sensex and Nifty closed sharply lower Monday amid a rush for profit taking and mixed trends in global markets. The 30-share BSE Sensex settled 523 points or 0.73 per cent lower at 21,612.45. The benchmark touched the lowest level of 70,922.57...
New Delhi: The Supreme Court Monday sought responses from the Centre and others on a plea challenging the Delhi High Court judgement which upheld the validity of a provision of the Central Goods and Services Tax (CGST) Act mandating that whatever companies save in tax...
It’s now over two and half years since Russia invaded Ukraine and the war between the two countries is now...
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Voters in Japan have spoken and delivered the loud and clear message to the ruling coalition that they cannot be...
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One of the key indicators of the health of an economy is the size of its middle class. A burgeoning...
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Let us discuss what is called merit. The British middle class is 60 per cent of the population. The working...
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