'...the auto industry to get back to 7% to 8% annual growth.' 'High growth in the SUV segment alone will not achieve this, as it is a small market.'
Dream11, Baazi Games, Zupee and WinZO among others are invited for the discussion with the anti-money laundering watchdog.
'Unless a comedian is involved in something society deems unforgivable...'
In a double-dose bid to boost growth and employment prospects, the Union Cabinet on Tuesday approved a Rs 2.07 trillion outlay for a research development and innovation (RDI) Scheme to fund private sector innovations, and an employment-linked incentive (ELI) to create over 35 million new jobs over the next two years.
Chinese import tariffs have unwittingly come to India's assistance to help boost imports of US liquefied petroleum gas (LPG) at rates cheaper than what it pays for supplies from West Asia, according to industry sources and shipping data.
The fund will promote domestic shipbuilding of all types and sizes to reduce India's dependence on foreign ships.
Executives from India's leading airlines are conducting internal meetings to devise alternative routes for their international flights that currently pass through Pakistani airspace.
'...rectification has to happen then and there, and that takes additional time.'
Taxpayers required to file ITR-2 or ITR-3 can now download the Excel utilities from the I-T department's e-filing portal, fill in their details offline.
Delhi International Airport Limited (DIAL), which operates India's largest airport, dismissed the expert committee report as "inaccurate", claiming it relied on "probabilities, hypothesis, and conjectures" rather than empirical data or complete documentation.
Industry insiders in India warn that any such move in the pharmaceutical sector could be counterproductive for the US as it may face increased drug shortages if tariffs are imposed on such imports.
Fast-moving consumer goods (FMCG) distributors' association has written to the finance ministry, highlighting concern over fund utilisation and fund accumulation by quick commerce companies and deep discounting of goods on their platforms. According to a recent letter seen by Business Standard, All India Consumer Products Distributors Federation (AICPDF) noted that its analysis indicated that approximately 80 per cent of these funds were directed toward customer acquisition strategies instead of creating cutting-edge innovations or sustainable growth models for the retail sector.
The new guidelines, effective from August 1, aim to expedite visa approvals for nationals from China and other countries sharing land borders with India.
'Entering India is exciting, but it's also challenging. You have to be prepared for long-term investment.'
Russian shipments averaged 1.67 million barrels per day in January compared to 1.48 million bpd in December and 1.53 million bpd a year earlier.
'We will start reaching out to researchers, academics, and experts on AI from top universities and companies from across the world.'
'That refresh programme -- because they are big aircraft and we cannot ground them all at the same time -- will last well into 2027.'
'Amaravati will be a game changer for Andhra Pradesh.'
The Adani Group plans to invest a record $15-20 billion across businesses over the next five years to chart out the next phase of growth, chairman Gautam Adani said on Tuesday as he touted the conglomerate's strong balance sheet and robust business to shrug off relentless scrutiny it faces. Record earnings from the businesses ranging from seaports to airports, renewable energy parks to data centres, cement to gas and electricity has built India's largest infrastructure group that not only exists just to serve the markets but to serve the nation's destiny, he said.
'We are looking at what kind of products, diagnostics or other solutions we can offer to become a well-rounded player in a particular disease area globally.'
Housing prices in India have fallen by over a tenth in real terms. Yet, prices are unaffordable for most Indians. Middle-income Indians are seen to be able to afford houses if the price-to-income ratio is five. It is 11 in India.
'Only a fool would put his life savings into a restaurant at 59... but I did'
For India, the challenge is to strike a balance between tactical necessity and economic priorities, point out Pravin Krishna and Monil Sharma.
'We have to be prepared for the larger disruption that is likely to take place.'
The government is considering initiating a probe by the Serious Fraud Investigation Office (SFIO) against Gensol Engineering and its promoters, according to sources familiar with the matter. "It is under consideration at this stage. A final decision will be taken soon," a government official said.
'Adventure travel, cultural tours, and wellness retreats are in high demand.'
'My job is to provide people with a bouquet of options they can choose from.'
In today's dynamic economic landscape, commerce and management education is crucial for a global career, says Nayagam PP.
'While investors believe in India's long-term growth story and resilience amid global uncertainty, they see near-term risks around the direction of a global trade war.'
'Along with Blackstone, we would be keen to look at opportunities in the North.'
Reliance Group Chairman Anil Ambani on Tuesday appeared before the Enforcement Directorate here for questioning in a money laundering case linked to alleged multiple bank loan fraud cases worth crores of rupees against his group companies, official sources said.
'The US is strongly placed to expand its crude supplies to India.'
Bhopal-based SOM Distilleries and Breweries has entered the Karnataka market with "Woodpecker" premium beer, India's first twist cap beer. The listed alcobev company targets sales of Rs 1,600 crore by financial year 2025, it told Business Standard. SOM Distilleries launched two Woodpecker beer variants in the state: Woodpecker Glide, a premium mild beer, and Woodpecker Crest, a strong, bold brew.
Only Mukesh Ambani and Gautam Adani are ahead of her.
Aerospace major Rolls-Royce has announced its intention to double its supply chain sourcing from India over the next five years. The company plans to increase sourcing of complex parts for advanced aerospace engines, naval propulsion systems, diesel engines, and gas turbine engines to grow its presence and participation in India's defense sector. Rolls-Royce currently sources a wide range of high-precision parts and engine components from Indian partners for its civil aerospace, defense, and power systems businesses. The company highlights India's emergence as a preferred global sourcing hub and emphasizes its commitment to strengthening partnerships with both existing and potential Indian suppliers to develop capabilities for manufacturing complex engine components locally for global markets. Rolls-Royce highlights its established ecosystem of strategic partnerships, skilled talent, engineering and digital capabilities, service delivery, supply chain, and manufacturing in India, along with a history of successful technology transfer for licensed production of various engines in the defense domain. The company believes that strengthening the supply chain and enhancing ecosystem capabilities will pave the way for future co-production opportunities, supporting India's vision of becoming a self-reliant defense powerhouse. Rolls-Royce emphasizes its commitment to serving the needs of India's armed forces and its focus on participating in co-development opportunities for critical combat engine technologies.
'If in our cities, all urban bus transport services are free, then the taxpayers are paying for it, or if electricity were to be made free, that's a huge cost to the rest of the people'
Ahead of the visit, officials from key government departments held intense discussions to identify key trade-related proposals.
'One of the most significant factors contributing to the optimism for 2025 is the lineup of films featuring Bollywood's three superstar Khans.'
Finance Minister Nirmala Sitharaman on Monday clarified in the Lok Sabha that India's rising gold reserves, including those held by the Reserve Bank of India (RBI), is not intended to replace any international currency.
'Our business continues to roll out its strategy, the role of this GDTC continues to grow.'
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