Mar 26, 2020, at 05:58 pm
Kolkata/IBNS: The Union Government has already identified the list of jobs and services deemed "essential" and, therefore, these are not required to be in lockdown for the next few weeks.
MG Motor India announces donation of Rs. 2 crore towards medical aid
Mar 25, 2020, at 01:13 pm
New Delhi/IBNS: MG Motor India on Tuesday announced a donation of Rs. 2 crore for the government hospitals and health institutions providing medical assistance in Gurugram and Halol (Vadodara), where the carmaker’s facilities are located – to ensure the health and well-being of the medical staff and underprivileged sections of society.
DBS Foundation calls for 2020 Social Enterprise Grants submissions, winners to get SGD 250,000 each
Mar 24, 2020, at 07:33 pm
Mumbai/IBNS: With the Covid-19 or novel coronavirus playing havoc with economy, social enterprises can take heart from DBS Foundation's calls for the Social Enterprise Grant submissions for the 2020 cycle.
Amid lockdown over COVID-19, Sensex, Nifty witness biggest loss ever
Mar 23, 2020, at 10:06 pm
Mumbai/IBNS: Amid the spike in the number of positive cases of COVID-19, the Indian market on Monday witnessed an all-time low with Sensex losing 3,934 points to 25,981 and Nifty closing at 1,135 points lower at 7,610.
Excise duty increased on petrol and diesel by Rs 3 per litre
Mar 14, 2020, at 05:36 pm
New Delhi/UNI: In the aftermath of the fall in crude oil prices in the international market, the Government has hiked the excise duty on petrol and diesel by Rs three a litre.
Indian Rupee ends up by 30 paise against USD
Mar 13, 2020, at 06:01 pm
Mumbai/UNI: Erasing Thursday's losses, the Rupee on Friday smartly recovered by 30 paise to end strong at 73.92 on selling of US Dollars by bankers and exporters, dealers at Forex Market said.
Arcelor Mittal Nippon Steel India acquires Bhander Power plant
Mar 03, 2020, at 06:33 pm
New Delhi/IBNS: ArcelorMittal Nippon Steel India (AM/NS India) on Tuesday announced that it has completed the acquisition of Bhander Power Plant in Hazira, Gujarat from Edelweiss Asset Reconstruction Company.
Dubai firm threatens to move court against Maharashtra govt over a multi-billion dollar project
Mar 03, 2020, at 11:42 am
Dubai/Mumbai/IBNS: A Dubai firm has threatened to take a legal step against the Maharashtra government for delaying a multi-billion dollar project which is aimed to redevelop Dharavi, a slum area in the Mumbai city of India with a population of about 700,000 people, Gulf News reported.
Apple to open first online store for Indian market
Feb 27, 2020, at 07:16 pm
New Delhi/IBNS: Apple will open its first online store in India and is currently seeking approval from the Indian government, said Apple CEO Tim Cook, in a shareholder meeting in Cupertino, California, reports said.
India-based digital firm IncFrog enters the thriving startup ecosystem of Singapore
Feb 24, 2020, at 05:02 pm
Singapore/IBNS: India-based IncFrog, a digital business services provider, is all set to expand its footprint in Singapore as part of its plans to make inroads into the Lion City and its neighbourhoods.
Measures to save economy after Coronavirus outbreak to be announced soon: Sitharaman
Feb 18, 2020, at 08:25 pm
New Delhi/UNI: Finance Minister Nirmala Sitharaman on Tuesday said discussions were held with exporters, importers and representatives of various industry organizations to discuss the economic effects after the outbreak of the Coronavirus in China and measures will be announced soon after talking to various departments.
nCov in China impacts leather goods industry of Eastern India
Feb 16, 2020, at 02:39 pm
Kolkata/UNI: The raging novel coronavirus in China has dealt a body blow to the leather goods industry of Eastern India as it stares at a Rs 300 crore loss.
India's retail inflation touches 7.59 pct in January
Feb 12, 2020, at 05:57 pm
New Delhi/IBNS: Giving no relief to the common people of the country, India's retail inflation, measured by Consumer Price Index, touched 7.59 percent in January, government data released on Wednesday revealed.
Auto sector: Overall vehicle sales down by over 13 percent in January
Feb 10, 2020, at 05:05 pm
New Delhi/IBNS: It seems that slowdown in the auto sector continues in 2020 as well as sales dropped 13.83 per cent year-on-year in January across all categories.
Eight core industries growth stands at 1.3 per cent in Dec 2019
Jan 31, 2020, at 06:19 pm
New Delhi/UNI: The combined Index of Eight Core Industries of December 2019 increased by 1.3 per cent as compared to the index of the same month in 2018, according to government data on Friday.
VST signs MoU with Czech Republic's Zetor Tractors
Jan 25, 2020, at 04:54 pm
Bengaluru/UNI: Homegrown tractor and farm machinery manufacturing company VST tillers tractors on Saturday entered into a Memorandum of Understanding (MoU) with Czech Republic based Zetor Tractors.
Mercedes-Benz launches first Fast Lane Repair prog in India
Jan 23, 2020, at 08:46 pm
Ahmedabad/UNI: India's largest luxury car maker, Mercedes-Benz on Thursday launched a one-of-it's-kind innovative service programme 'Fast Lane Body and Paint Repair,' a first in the country, here.
Cabinet approves MoU between India and Brazil for cooperation in the oil and natural gas sector
Jan 22, 2020, at 04:38 pm
New Delhi/IBNS: The Union Cabinet, chaired by the Prime Minister Narendra Modi, has given its approval for the signing of the Memorandum of Understanding (MoU) between Republic of India and Federative Republic of Brazil on cooperation in the field of oil and natural gas.
India's retail inflation moves up sharply to 7.35 percent in Dec 2019
Jan 13, 2020, at 05:59 pm
New Delhi/IBNS: India's Consumer inflation has moved up sharply to touch 7.35 percent in December, official figures released on Monday said.
Indian Rupee gains 10 paise against USD
Jan 07, 2020, at 05:41 pm
Mumbai/UNI: The Rupee on Tuesday gained by ten paise at 71.83 against the greenback on easing in global crude oil prices, dealers at the Forex Market said.
FM Nirmala Sitharaman unveils Rs 102 lakh crore infra plan to achieve USD 5 trillion target by 2025
Dec 31, 2019, at 03:54 pm
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman on Tuesday revealed the government's infrastructure investment plan and said the task forces have identified projects related to Rs 102 lakh crore.
DAO EVTech to soon come in India with electric two-wheeler
Dec 21, 2019, at 09:55 pm
New Delhi/IBNS: Chinese electric two wheeler maker DAO EVTech said it aims to bring the finest of the products and services in the electric segment to Indian customers.
India's factory output shrinks, inflation touches 5.5 pct
Dec 13, 2019, at 08:53 am
New Delhi/IBNS: India's retail inflation moved up to touch 5.54 percent in November, government data released on Thursday said.
Auto sales in India down by 16 percent: SIAM
Dec 10, 2019, at 03:54 pm
New Delhi/IBNS: Showing no major sign of recovery, the automotive industry saw a drop of 16 per cent in sales in the April to November period, the Society of Indian Automobile Manufacturers (SIAM) said on Tuesday.
Kolkata: ICICI Bank inaugurates new branch in Chetla
Dec 02, 2019, at 04:53 pm
Kolkata/IBNS: ICICI Bank inaugurated a new branch at Chetla Central Road in South Kolkata. The branch offers locker facility and an in-branch ATM which is available 24X7.
Cabinet approves Agreement and Protocol between India and Chile for the avoidance of double taxation
Nov 27, 2019, at 03:55 pm
New York/IBNS: The Union Cabinet chaired by Prime Minister Narendra Modi on Wednesday approved the signing of the Double Taxation Avoidance Agreement (DTAA) and Protocol between the Republic of India and the Republic of Chile for the elimination of double taxation and the prevention of fiscal evasion and avoidance with respect to taxes on income.
India gains $755 mln in exports to US owing to ongoing US-China trade war
Nov 06, 2019, at 05:46 pm
United Nations, Nov 6 (UNI) India made a smaller but substantial export gain of $755 million to the US in the first half of 2019 following trade diversion effects of Washington’s tariff war with China, says a study.
World Bank ranks India 63rd on the ease of Doing Business Index
Oct 24, 2019, at 11:04 pm
New Delhi: India has been ranked 63rd on the index of ease of Doing Business 2020 compiled by the World Bank, after climbing 14 positions.
Mercedes-Benz introduces G 350 d in India
Oct 16, 2019, at 06:16 pm
Mumbai: Luxury car manufacturer Mercedes-Benz on Tuesday further bolstered its strong SUV portfolio by adding the power of diesel to its iconic, unrivalled legend– The G-Class.
India's wholesale price inflation eases to 0.33% in September
Oct 14, 2019, at 04:42 pm
New Delhi: India's wholesale price inflation stood at o.33 percent in September, revealed government data released on Monday.