Business news

J&K developments: Trade ban will hurt Pakistani traders more than Indians

Imran Khan's decision to cut off trade ties with India over Jammu and Kashmir developments will harm Pakistani traders who enjoyed the most favoured nation status with India until recently while Indians will be hit to a lesser extent.

Aug 8, 2019

RBI slashes repo rate by 35 basis points to 5.40%, cuts GDP growth forecast to 6.9%

The central bank reduced the repo rate by 35 basis points to 5.40 per cent from 5.75 per cent in its third bi-monthly Monetary Policy Statement for 2019-20.

Aug 7, 2019

indian oil ioc petrol pump saudi aramco total bp

You may soon be able to buy petrol from the supermarket during weekly shopping

Major reforms to energy policy may allow foreign energy companies and supermarkets to sell fuel to retail users.

Aug 7, 2019

Slow market paralyses Audi sales, firm plans to halt future investments in India

The slow pace of the local market is expected to affect Audi's annual sales to see a dip in 2019. The recent inauguration of a sales outlet would help boost the demand for the luxury car among the Indian public.

Aug 7, 2019

India's auto crisis deepens, tens of thousands losing jobs

Initial estimates suggest that automakers, parts manufacturers and dealers have laid off about 350,000 workers since April.

Aug 7, 2019

Post-370, Helmet maker Steelbird plans to set up manufacturing unit in J&K

The company plans to come up with a manufacturing outlet before the investor summit, scheduled in October 2019 mentioned Kapur.

Aug 7, 2019

Flipkart Videos to be Walmart's new wishlist; Amazon Prime to face stiff competition?

In a view to compete Amazon and a yet-to-be-launched e-commerce website of Reliance industries, Flipkart will also provide focused product suggestions to customers based on their requirements.

Aug 6, 2019

RBI monetary policy: Investors awaiting outlook beyond another repo rate cut

With a fourth 25 basis points repo rate cut a foregone conclusion, observers are watching for RBI guidance about its outlook on the state of the economy.

Aug 6, 2019

Hong Kong trouble, looming financial crisis sink world's biggest banks in China

'Big four' state-owned lenders that are also world's largest tumble to record low valuations amid concern that Beijing will direct them to bail out smaller banks as economic ills from US-China trade wars grow

Aug 5, 2019

Reliance Jio, Airtel in race for Anil Ambani's RCom assets

The Anil Ambani-led telecom company has been struggling with the long-standing debt of about Rs 46,000 crore.

Aug 5, 2019

DLF pares GIC debt by Rs 3,100 crore; plans to clear all dues by 2nd quarter

DLF has transferred the Mall of India project in Noida to DCCDL to significantly reduce the debt pile.

Aug 5, 2019

BSNL privatisation: Salary delay, worsening fiscal crisis intensify speculation

Industry observers claim the government's focus shifted to BSNL and MTNL after speeding up the privatisation procedures of national carrier Air India.

Aug 5, 2019

cars, car sales, domestic car sales, gst on cars, auto industry, traffic

Auto industry may further cut production

The slowdown, which is a culmination of high GST tax rates, farm distress, stagnant wages and liquidity constraints, has led to the month-on-month sales de-growth.

Aug 4, 2019

Taxation amid slowing economy is killing market's 'animal spirit': D Subbarao

Of late the financial markets have borne the brunt of multiple taxes amid an acute slowdown, which has almost killed the investors' risk-taking appetite.

Aug 4, 2019

India's biggest carmaker Maruti Suzuki cuts temporary jobs as sales plunge

Maruti Suzuki said it employed 18,845 temporary workers on average in the six months ended June 30, down 6% or 1,181 from the same period last year.

Aug 3, 2019

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Business news

J&K developments: Trade ban will hurt Pakistani traders more than Indians

RBI slashes repo rate by 35 basis points to 5.40%, cuts GDP growth forecast to 6.9%

You may soon be able to buy petrol from the supermarket during weekly shopping

Slow market paralyses Audi sales, firm plans to halt future investments in India

India's auto crisis deepens, tens of thousands losing jobs

Post-370, Helmet maker Steelbird plans to set up manufacturing unit in J&K

Flipkart Videos to be Walmart's new wishlist; Amazon Prime to face stiff competition?

RBI monetary policy: Investors awaiting outlook beyond another repo rate cut

Hong Kong trouble, looming financial crisis sink world's biggest banks in China

Reliance Jio, Airtel in race for Anil Ambani's RCom assets

DLF pares GIC debt by Rs 3,100 crore; plans to clear all dues by 2nd quarter

BSNL privatisation: Salary delay, worsening fiscal crisis intensify speculation

Auto industry may further cut production

Taxation amid slowing economy is killing market's 'animal spirit': D Subbarao

India's biggest carmaker Maruti Suzuki cuts temporary jobs as sales plunge

Time for India to follow suit? France, Germany, Netherlands, US banned use of EVMs [here's why]

Dhanush's Captain Miller has no buyers in Telugu states? Here's why

Deepika Padukone is a sight to behold in velvet gown; attends Academy Museum Gala with Selena Gomez, Dua Lip [see pics]