Of the 11,000 kg imported between July 1 and August 9, around 90 per cent was brought in by two business groups which took advantage of the favourable reduction in tax incidence under GST, routing their imports through Korea.
Global rating agency Fitch on Tuesday said the imminent entry of Reliance Jio into the telecom space will see a likely 20 per cent fall in data tariffs, but will not have any impact on the credit profile of the top four incumbents in the medium term as their revenue is on an uptick on rising voice tariffs and improving regulatory environment.
Availability of Wi-Fi is also expected to provide local airlines an additional source of revenues amid stiff competition in the fast growing Indian aviation market.
After their merger Vodafone Group CEO, Vittorio Colao says India is not a Jio market alone. Aditya Birla Group CEO, Kumar Mangalam Birla says Vodafone is dominant in metro cities, while Idea is a big player in urban, semi-urban markets.
Samsung makes the largest number of non-4G feature phones in India
Govt may delay BS-V and -VI implementation by a year
Veteran tennis star Leander Paes was retained in the Indian Davis Cup team for next month's Asia/Oceania Zone tie against Uzbekistan.
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The outgoing Chief Economic Advisor will always be remembered for his remarkable passion, his large imprint on policymaking and the high level of public debate he fostered
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The conversion produces significantly more energy than it requires and results in transportation fuels -- diesel, for example -- that can be blended with existing ultra-low-sulphur diesels and bio-diesels, researchers said.
'And if you think this is alarmist nonsense, you are helping it happen,' says Mitali Saran.
Shine Jacob & Karan Choudhury highlight the red flags raised by the Controller General of Accounts.
Leander Paes aspires to win not only a second Olympics medal but also obliterate the Ramanathan Krishnan's Davis Cup record of most singles win for India.
Will the 6 per cent inflation target be met?
Steps such as safeguard duty in the works to plug the route
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'When you love someone, you have to love him, without looking at his past. Everyone has a past.'
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India, is home to 15% of all traffic fatalities.
In the years to come, India's space assets will play a much bigger role if and when hostilities break out on our borders, says Pallava Bagla.
People may soon be able to use SMS communication with government departments as a documentary proof while utilising citizen-services for making payments, registrations and various other schemes.
GM chief Mary Barra reveals turnaround plans.
The mobile -- billed as the world's slimmest phone at 6.5 mm thick -- will go on sale in 31 markets, including Britain, Germany and China, starting this month for 449 euros ($630) without a SIM card or service contract.
Emphasising that yoga does not discriminate, UN Secretary General Ban Ki-moon has said he discovered the "simple sense of satisfaction" it brings when he tried his first "asana" during his visit to India.
Chairman Emeritus of the $100-billion Tata Sons, Ratan Tata, on Tuesday called for better co-operation and collaboration among sectors. He urged the government and industries to collaborate in a more proactive manner.
Traders blame demonetisation for subdued demand in retail segment
With just a week left for the Fadnavis government to prove its majority in the Maharashtra assembly, Bharatiya Janata Party and Shiv Sena are yet to resolve their differences over terms for the latter's participation in the ministry, deputy chief minister's post being one of the sticking points.
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Warning India against the increasing Chinese influence in the Indian Ocean region, a top American military commander on Wednesday stressed on the need to sign two key agreements between India and the US for joint tracking.
Those who have a long-range mission of true nation-building will pay close attention to World Bank's new action plan for fairness in all matters of land use, says Rajni Bakshi.
Hrithik as Krrish or Anil Kapoor as Mr India? Take your pick!
Between 2011 and 2014, they indirectly determined the price of tyres in the market, says report
If an entire business is constructed on the platform of one brand ambassador, there is inherent risk of life-after.
The UK India Business Council expects more emphasis to be put on improving bilateral economic ties.
This is not an exhaustive list of best DSLRs; there are several others, which also hold their ground in their respective segments.
The new Audi R8 V10 is a super-fast car that is also intelligent
Leander Paes will make it to his seventh Olympic Games after the All India Tennis Association on Saturday announced that that the veteran would partner Rohan Bopanna in the men's doubles at the Rio Games in August.
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