New Delhi, Apr 14 (PTI) Japanese auto major Honda Cars on Thursday unveiled its new offering for the Indian market -- City e:HEV sedan, marking its foray into the mainstream strong hybrid electric vehicle segment in the country. The company, which is present in India through a wholly-owned subsidiary, has commenced the bookings of the [...]
Islamabad, Apr 14 (PTI) The World Bank has slashed Pakistan's economic growth rate forecast for the current fiscal year to 4.3 per cent, down by almost one per cent against last year, and said the last ditch energy subsidies by the outgoing government put an additional burden on budget and threaten the International Monetary Fund [...]
(The Conversation) The island nation of Sri Lanka is in the midst of one of the worst economic crises it’s ever seen. It has just defaulted on its foreign debts for the first time since its independence, and the country’s 22 million people are facing crippling 12-hour power cuts, and an extreme scarcity of food, [...]
Patna, Apr 14 (PTI) Bihar has received an investment proposal of Rs 817 crore for setting up data centres across the state.Data management firm VueNow, which is planning the investment, will develop a four-tier data centre of 100 racks with Patna as the master hub. Four other centers will come up in Dharbhanga, Bhagalpur, Purnea [...]
Mumbai, Apr 14 (PTI) Domestic financial markets, including stock exchanges and the forex market, will remain closed on Thursday for Mahavir Jayanti and Dr Babasaheb Ambedkar Jayanti. PTI ABM ABM
New Delhi, Apr 13 (PTI) Commerce and Industry Minister Piyush Goyal on Wednesday said services exports touched an all-time high of around USD 250 billion (about Rs 19 lakh crore) in 2021-22. The previous highest level was USD 213 billion (about Rs 16 lakh crore) in 2019-20. "We have achieved the USD 250 billion target [...]
Mumbai, Apr 13 (PTI) Of the top 300 listed companies, only 78 disclosed their commitments towards achieving net-zero carbon emission status under their environmental, social, and governance provisions in the last three financial years, a report said on Wednesday. A study by Care Advisory Research and Training covered the corporate sustainability disclosures of these 300 [...]
New Delhi, Apr 13 (PTI) The finance ministry on Wednesday waived customs duty on cotton imports till September 30, a move which will benefit the textile industry and lower prices for consumers. Currently, cotton imports attract 5 per cent Basic Customs Duty (BCD) and 5 per cent Agriculture Infrastructure Development Cess (AIDC). The industry has [...]
New Delhi, Apr 13 (PTI) India and the 27-nation European Union (EU) will restart negotiations for their long-pending free trade agreement from June, a top official said on Wednesday. Commerce Secretary BVR Subrahmanyam said the EU team would visit India for talks immediately after the ministerial meeting of the World Trade Organisation (WTO), which is [...]
New Delhi, Apr 13 (PTI) The Centre has released Rs 2,94,718 crore towards food subsidy during the last fiscal to Food Corporation of India (FCI) and states, which is slightly higher than the revised budget estimates. During the financial year 2021-22, the Department of Food & Public Distribution released Rs 2,94,718 crore towards food subsidy, [...]
