The move comes close on the heels of growth in developed auto markets such as the US and Europe dipping in the red. Analysts say that global auto companies are now focusing on developing new models for emerging markets like India, their with main focus on containing costs. The cost of development in India is considered to be the lowest in the world.
The measures include increasing the number of services on which exporters are granted service tax exemption and refunds, re-introducing interest payment on the Exchange Earners Foreign Currency account and extending the period and scope of pre- and post-shipment credit.
A recent study decodes the link between declining sexual activity and menopause.
Sania Mirza and her American partner Bethanie Mattek sailed into the third round of Wimbledon women's doubles event after a comfortable straight-set win over Russian-Italian pair of Maria Kirilenko and Flavia Pennetta on Saturday.
Champion Venus Williams and second seed Rafael Nadal survived a few anxious moments to reach the third round of Wimbledon. Williams, seeking a fifth singles title at the All England Club, had to draw on all her big-match experience to repel world number 92 Anne Keothavong 7-5, 6-2 while Nadal also endured some first-set jitters before toppling rising Latvian Ernests Gulbis 5-7, 6-2, 7-6, 6-3.
In the 56-page report released to the media after laying down office as Vigilance Commissioner, R C Samal accused three ministers and 18 senior All India Services (IAS, IPS and Indian Forest Service) officials of indulging in corrupt practices.
Sania Mirza pulled off her second upset in as many days when she beat No 5 seed Anastasia Pavlyuchenko of Russia 7-6(3), 3-6, 6-2 to advance to the quarter-finals in the AEGON Classic in Birmingham on Thursday.
World champion Viswanathan Anand played his third draw on the trot while P Harikrishna and Parimarjan Negi scored victories in the fourth round of the Corus International Chess tournament.
Mumbai-born real estate developer Sunil Puri, like the other Obama delegates from Illinois, Ann Lata Kalayil and Selma D'Souza, has also known Barack Obama long before his run for the United States Senate in 2004 'through mutual friends who are also state legislators'.
The US Educational Foundation in India (USEFI), New Delhi organised a pre-departure orientation program for 155 Indian students leaving for higher studies in the US The program was held at the American Centre, New Delhi on July 6, 2007.
Shelly-Ann Fraser surged to Jamaica's first Olympic women's 100 metres gold medal on Sunday and led compatriots Sherone Simpson and Kerron Stewart to the event's first national podium sweep.
Aviva India is reviewing its India plans and proposes to enter the asset management and general insurance sectors.
Tennis Australia are to beef up their integrity unit to fight corruption in the sport after their showcase tournament was blighted earlier this year by allegations of global inaction to combat it.
Yahoo on Tuesday attempted to bolster its case for an improved offer from Microsoft, releasing stronger-than-expected financial projections to support its decision that the proposed deal had seriously undervalued it. Microsoft made a cash-and-shares offer that was worth $44.6bn, or $31 a share, when it was announced on February 1. The financial plan was first presented to Yahoo's board in December.
The Indian player has dropped two places to be ranked 33rd on the WTA charts.
Sania Mirza's woeful run of form continued as the Indian ace crashed out of the WTA Bank of the West Classic tournament after a straight sets defeat in the opening round at the hands of British qualifier Anne Keothavong in Stanford on Tuesday night. The world number 33 Sania went down 6-7 (4), 1-6 to 83rd ranked Keothavong in a one-hour-twenty-minute contest of the Tier II US $ 600,000 event.
The reopening of the station early on Monday brought the Belgian capital's underground network back up to full capacity.
Troops of India and China were locked in a 73-day-long standoff in Doklam from June 16 last year after the Indian side stopped the building of a road in the disputed tri-junction by the Chinese army.
Canadian biochemist Joseph Hulse, who received the Padma Shri at Rashtrapati Bhavan in New Delhi last week, has been mugged in Manchester where he had stopped on way home to attend a school anniversary dinner. Hulse, 85, one of the world's leading experts in biotechnology, had withdrawn 2,000 pounds from a bank in Manchester's busy St Ann's Square when two men grabbed his jacket and fled with the cash.
The IIIT-H, ranked among the top five in terms of placement according to an annual survey, has announced 100 per cent placements this year with annual pay package of each graduate ranging between Rs 5.2 lakh and Rs 9.5 lakh.
External Affairs Minister Pranab Mukherjee is undertaking day-long visit to Bangladesh on Saturday to express solidarity with the people of the neighbouring country where heavy loss of life and widespread destruction was caused due to cyclone more than a week ago.
Bitter rivals in Bihar politics Nitish Kumar and Lalu Prasad will be neighbours now after the Janata Dal-United top leader abdicated power as chief minister in the face of severe drubbing in the recent Lok Sabha election.
With the export market losing its sheen, a growing number of apparel exporters are drawing up strategies to sell their wares in the domestic market. Analysts said that the higher local demand for branded apparel was because of rising purchasing power of consumers who were now spending 6-7 per cent of their disposable income on ready-made garments. The surge in consumer spending has resulted in a 20 per cent growth in demand for international apparel.
American wildcard Vania King came from a set down to beat Anne Kremer in the Pacific Life Open first round.
In a surprise choice, 45-year-old Irish writer Anne Enright has been selected for this year's Booker Prize for her work 'The Gathering'.
American singer Stacy Ann Ferguson or Fergie as she is known, is all set to be the new face of fashion house Calvin Klein.
The other semi-final in the WTA Sunfeast Open will be between Mariya Koryttseva of Ukraine and Anne Keothavong of Britain.
The Ukrainian player beat the conqueror of top seed Marion Bartoli to enter the last eight stage in the WTA Sunfeast Open.
On being sworn in as a member of the Edison Township Council on New Year's Day, Dr Sudhanshu Prasad chose to take the oath of office on the Bhagwad Gita, a philosophical discourse that is set within the larger frame of the religious epic Mahabharat. Dr Prasad said he chose the Gita because he grew up believing in it, and it is "where my conscience is," he said.
The Supreme Court's verdict puts nearly half a dozen former chief ministers in the state of Bihar in a hotspot.
Number two seed Sharapova will face 13th seed Tatiana Golovin of France on Thursday, who beat Luxembourg's Anne Kremer.
The meeting of the NDA MLAs was called to discuss the strategy to be adopted by treasury bench members during the four days long monsoon session of state assembly that began on Thursday.
Asian junior girls champion Mary Ann Gomes made a stride forward for the gold medal after defeating Maria Ignacz of Hungary in the sixth round of the Under-18 section of World youth girls' chess championship in Antalya
The Videocon group will directly acquire land from the farmers with the West Bengal government assistance for its special economic zones in the state.
Brown, a former governor of California and a good friend of the Indian community, termed it as shocking and unacceptable.
Johnson, the former foreign secretary, secured 92,153 votes against 46,656 of his rival Jeremy Hunt in the battle for 10 Downing Street.
The name of an India-born doctor, who went missing without a trace from the World Trade Centre in New York after the September 11, 2001, terror attacks has been put back on the list of the victims after a four-year legal battle by her family.
England and Indian cricket board chiefs are in the running to succeed South Africa's Percy Sonn as president of the ICC.
"The ebbs and flows of the game made it such a good one for the spectators. It was just unfortunate we came out on the other side of it."
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