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Govt wants auto companies to cut royalties to foreign parents

Manufacturing

18 August, 2020

Govt wants auto companies to cut royalties to foreign parents

India's commerce minister has asked automakers to find ways to reduce royalty payments to foreign parent companies for use of ......

Govt keen to speed up stake sale in IDBI Bank, three others

Finance

18 August, 2020

Govt keen to speed up stake sale in IDBI Bank, three others

Indian Prime Minister Narendra Modi's office has asked officials to speed up the process of trimming government stakes in at ......

Tax authorities raid Chinese entities for money laundering

Finance

12 August, 2020

Tax authorities raid Chinese entities for money laundering

Indian tax authorities raided the premises of a few Chinese entities and their associates for money laundering, according to an ......

Petronet renews investment deal with US LNG developer Tellurian

Infrastructure

22 July, 2020

Petronet renews investment deal with US LNG developer Tellurian

India's top gas importer, Petronet LNG, has renewed its initial deal to consider investing $2.5 billion in U.S. liquefied natural ......

Indian stocks to lag rivals as stimulus falls short

Markets

14 July, 2020

Indian stocks to lag rivals as stimulus falls short

Foreign investors have begun to price in a slower rebound for Indian stocks this year on concerns that the relatively ......

How govt's ambitious plan to help SMEs is doing little to save them

Manufacturing

10 July, 2020

How govt's ambitious plan to help SMEs is doing little to save them

India re-opened for business in June after months of lockdown but for thousands of small entrepreneurs in the town of ......

Sensex, Nifty rise as financials boost markets

Markets

01 July, 2020

Sensex, Nifty rise as financials boost markets

Indian stocks entered the second half of the year with gains of more than 1%, as investors bought into beaten-down ......

Sensex, Nifty record strongest quarter in 11 years

Markets

30 June, 2020

Sensex, Nifty record strongest quarter in 11 years

Indian shares ended lower on the last day of its best quarter since 2009, led by losses in energy stocks, ......

Govt levies charge on steel imports from China, weighs customs duty on solar gear

Infrastructure

24 June, 2020

Govt levies charge on steel imports from China, weighs customs duty on solar gear

India has imposed an anti-dumping duty on flat rolled steel products that are plated or coated with alloy of aluminium ......

Govt plans extra tariffs, trade barriers on 300 imported products

Finance

18 June, 2020

Govt plans extra tariffs, trade barriers on 300 imported products

India plans to impose higher trade barriers and raise import duties on around 300 products from China and elsewhere, two ......