The scandal has also rocked the wider car market, with manufacturers fearing a drop in diesel car sales.
Hailing Prime Minister Narendra Modi's Make in India campaign and the emphasis on ease of doing business, India Inc today said the initiative mirrors the country's ambition to sprint ahead in the global manufacturing race, thereby creating jobs and boosting economic growth.
VW overtook Japan's Toyota in the first half of this year to become the world's biggest carmaker by sales, but is facing a sharp slowdown in its most profitable market, China.
The development comes in the wake of a high-level panel formed to address issues impeding mega projects in the steel sector, reviewing the stalled projects this month.
Noting that the US energy dominance will be declared a strategic economic and foreign policy goal, Trump said America has 1.5 times as much oil as the combined proven resources of all OPEC countries
As per the findings, CEOs are less optimistic about prospects this year.
As India is progressing towards Bharat Stage IV (BSIV) emission norms, most cars still run under BSIII standard.
Policy lays out a 5-year road map seeking creation of 3.5 mn jobs and promoting 10,000 start-ups.
'Please don't celebrate me if you are not going to listen to my voice.'
The CEOs of Cricket Australia, the National Rugby League and Football Federation Australia, have signed up to the "Pathway to Pay Equality" report by the Male Champions of Change Institute (MCC), which details a milestone-based approach to achieving pay equity between male and female athletes.
'It is important that employees are trained to acquire skills that would be needed in future, when the company sees disruption coming -- that is, much before the disruption occurs or the company plans to change the business model,' says Asish K Bhattacharyya.
The cars, some 482,000 Passats, Golfs and Jettas sold in model years 2009 to 2015 in the United States, are peppy and fun to drive, owners say.
As the BJP is set to form the next government in Maharashtra on Friday, industry experts want the new chief minister to expedite the delayed infrastructure projects in the state and revive investment in key sectors by removing bureaucratic bottlenecks.
States to come under DIPP watch on ease of doing business.
The Comptroller and Auditor General on Friday rapped space agency Indian Space Research Organisation for allowing a foreign private satellite service provider to park its satellite in an orbit slot meant for Indian satellites in violation of nation's SATCOM policy and extending "undue benefit" to a foreign firm.
Budget 2016 may hold some answers to start-up cooncerns.
'As the interest rates rise, people are going to say why should I be taking big risks when I can get 4 to 5 per cent in a bank account.' 'So, I think you have to change your thinking.' 'You need to look at the balance sheet, look at dividends.' 'These issues that have been ignored.'
At present there is virtually no dialog between votaries of different various versions of economic democracy.
'I am here to terminate climate change once and for all.'
German prosecutors launched an investigation on Monday into fraud allegations against former Volkswagen boss Martin Winterkorn.
'Which one of us would give up our flats for development?' 'We insist that others, who are unwilling but weak, make all the sacrifices on our behalf and then we are puzzled when there is violence against the State,' says Aakar Patel.
Adani's $15-billion Carmichael coal mine is stuck since 2010.
'Two have already sacrificed their lives.' 'How many more shall need to sacrifice before the government listens?' 'Four, five or six? They are ready, waiting.' After Ganga campaigner G D Agrawal's death, a Haridwar ashram's sadhus are on a relay fast unto death.
'Success will require political skill, not just economic expertise'
If you live in Delhi you can quit smoking, give up alcohol, go to bed early, exercise every day and eat right, but unless you also give up breathing, you can still get very sick, says Mitali Saran
Landmark judgments follow new CJI's assumption of office.
To avert another Uttarakhand-type catastrophe, we must change course. We should stop pandering to the Indian elite's insatiable appetite for electricity, which is driving reckless dam construction, says Praful Bidwai
The Competition Commission of India (CCI) is to be congratulated for imposing a large fine, of nearly Rs 1,800 crore (Rs 18 billion), on Coal India Ltd for alleged abuse of its monopolistic position.
Domestic airports across the country are bursting at the seams. And new ones are stuck.
The idea is to set up renewable energy generation capacity, including both solar and wind, along with the associated evacuation infrastructure, at a mega scale in the four Indian deserts -- Thar in Rajasthan, Rann of Kutch in Gujarat, Lahul & Spiti in Himachal Pradesh and Ladakh in Jammu & Kashmir.
'Nature doesn't bother even if the Supreme Court says it is legal!' 'If something is in the wrong place, it will be damaged or destroyed by nature.'
Modi government is pushing GM food crops without adequate safety assessment and transparency, claim activists.
The Centre has constituted a five-member expert committee to study various alternatives available to it to decide on a new capital for Andhra Pradesh.
The fragmentation of politics and the pressures of coalition management have contributed to a near-secular rise in budgetary social expenditures and spending on subsidies since 1991, leaving little fiscal space for government-led capital investment.
Karnataka and Tamil Nadu on Monday sparred at the meeting of Cauvery supervisory committee in New Delhi over the latter's share of the Cauvery water.
The Insurance penetration in India is very low at 3.9 per cent.
Europe's largest carmaker had previously admitted to installing cheat software on up to 11 million vehicles worldwide with smaller diesel engines.
The sector hit many roadblocks during 2014, as builders were seen shying away from the projects and investments dried up amid various regulatory, judicial and policy-related bottlenecks.
The Supreme Court on Tuesday refused to give an urgent hearing to a plea of the Tamil Nadu government for setting up the Cauvery management board for implementation of the Cauvery water disputes tribunal award, saying there is "no urgency" for it.
