The government on Friday approved an electric-vehicle policy, under which duty concessions will be given to companies setting up manufacturing units in the country with a minimum investment of $500 million, a move aimed at attracting major global players like US-based Tesla. According to an official statement, the companies setting up manufacturing facilities for e-vehicles will be allowed to import a limited number of cars at lower customs duty. The policy seeks to promote India as a manufacturing destination for EVs and attract investment from reputed global EV manufacturers, it added.
The on-time performance (OTP) of Indian carriers took a major dip in January as dense fog foiled their flight schedules. According to data from the Ministry of Civil Aviation reviewed by Business Standard, five out of six major Indian carriers - IndiGo, Air India, AIX Connect, Akasa Air, and Vistara - recorded their lowest OTPs in at least the last 11 months. In response to queries, an Air India spokesperson said that during this winter, northern India experienced unusually prolonged periods of dense fog affecting traffic at the airline's two largest hubs -- Delhi and Mumbai.
Adding petrol and diesel to GST was a challenging task due to their significant role as revenue generators for both the central and state governments.
Ahead of the new IPL season, Gujarat Titans spinner R Sai Kishore said Hardik Pandya is similar to Mahendra Singh Dhoni as a captain.
The government issued a fresh advisory with a ban on all existing foreign visas, except a few categories like diplomatic and employment, till April 15 in the wake of new positive cases of novel coronavirus in the country.
The 23-year-old Shaw made a fine impression during his short stint with the Steelbacks during the One-Day Cup 2023, amassing 429 runs in four innings.
CSK coach Stephen Fleming said the former champs are better prepared for this final.
Kamal Haasan is right where he left off from the first film but there is only so much he can do to salvage an already lost cause, observes Arjun Menon.
After all, MSD is CSK and CSK is MSD.
A look at the major names who were not retained by the IPL franchises.
People who have recovered from coronavirus infection will have to wait for up to three months before they can take a new life insurance policy, with insurers making the waiting period requirement applicable for coronavirus cases like other ailments. As a standard practice, all life and health insurance companies require people to wait for a specific period with respect to certain ailments and diseases to gauge the risk before selling a policy. This condition of waiting period for people who have recovered from coronavirus infection will be applicable only for life insurance policies.
Ahead of this election, the alliance between the BJP and the SKM had broken down. One reason is the fear that like Article 370, Article 371F might also be changed.
Mumbai Indians head coach Mark Boucher feels the incessant talk over workload management in T20 cricket is overrated as the other two formats are more punishing on the body.
Kolkata Knight Riders bowling unit may have failed miserably against Sunrisers Hyderabad, but Nitish Rana, the losing side's skipper, still backs his bowlers, saying the same set will deliver for him in the upcoming IPL matches.
The emotional and financial impact of the coronavirus pandemic is weighing on Indian shuttler HS Prannoy's mind and he believes that the already "bleak" scenario would only get worse if things don't take a turn for the better in one and a half month's time. The coronavirus outbreak, which has killed over 40,000 globally, has put countries in lockdown and halted sports, including badminton, across the world. It has also triggered financial and mental woes across the world.
With a revival in demand and consumption, FMCG companies are looking forward to 2022 with positivity and hopes of sustaining a healthy growth trend across both rural and urban markets while gearing up to cater to the ever-increasing digitally active consumers and tackle the challenge of higher commodity prices. Health and wellness and convenience are going to remain key trends and FMCG companies are strengthening their core brands, driving premiumisation across their portfolios with targeted innovations as consumers are gravitating towards trusted brands looking for quality, purity and hygiene, in continuation of the trend that started since the pandemic last year. FMCG makers are accelerating digitalisation and are investing in building capability in e-commerce and Direct-to-Consumer channels, identifying it as a key vector of their growth as the threat of a possible third wave is still not away.
Google is committed to complying with local laws and engages constructively with governments as they scrutinise and adopt regulatory frameworks to keep pace with the fast evolving technology landscape, its CEO Sundar Pichai said on Thursday.
Market participants do not expect any immediate impact on the rupee from the Reserve Bank of India's (RBI's) a "comprehensive" master direction aimed at strengthening the framework for hedging foreign exchange risks. RBI Governor Shaktikanta Das, in his monetary policy statement, revealed that the central bank is poised to issue a master direction to consolidate guidelines for all types of forex transactions. But this development, according to market players, is more of a directional guidance than a mandatory directive.
Arsenal will re-open their London Colney training ground to their players next week for individual training but the Premier League club will continue to observe social distancing rules amid the coronavirus outbreak, they said on Saturday. Soccer in England was suspended indefinitely last month due to the virus and no clubs have been in training.
Chidambaram, who is the Congress' senior election observer for the assembly polls next year, asserted that the Trinamool Congress' entry into Goa "appears to be an imposition from the top that is based in West Bengal" and said he does not know the Mamata Banerjee-led party's motive in trying to start a unit in Goa by "encouraging defections" from other parties.
Mayank Agarwal and Shreyas Iyer grabbed their chances with centuries, but seniors like Ajinkya Rahane, Cheteshwar Pujara and Ishant Sharma had a forgettable series.
The mutual fund (MF) industry had an action-packed 2023 as it tackled the scrapping of tax benefits for debt fund investors and surging flows into equity funds.
Ravindra Jadeja's superb all-rounder show powered Chennai Super Kings to a thumping 28-run victory against Punjab Kings.
Who do you think should be part of India's playing XI for the third Test against England?
The proposed amendments to the Consumer Protection (E-Commerce) Rules, 2020, that are envisioned to protect consumer interests, may further compound the impact of multiplicity of regulations on the e-commerce sector, the Indo-American Chamber of Commerce (IACC) had told the ministry of consumer affairs. IACC, the apex bilateral chamber for Indo-US business, had told the government that the proposed amendments would increase compliance liabilities that risk severely impairing the growth of the sector.
Come October 1, merchants, payment aggregators and acquiring banks can no longer store the card details of customers.
Alternative investment funds (AIFs) have not seen any significant redemptions from financial institutions even though the 30-day timeline provided by the Reserve Bank of India (RBI) to liquidate their holdings or make full provisions ends recently. Sources said the industry is awaiting certain relaxations or extensions based on the recommendations submitted to the banking regulator. On December 19, the RBI restricted financial institutions and banks from investing in AIFs where there is any downstream link or exposure to a debtor firm.
2019 was the Bharatiya Janata Party's breakout year, when it stretched the boundaries of what was thought possible and ended up with 303 seats on its own steam. Now it is forced to play defence, on a pitch queered by too many variables, asserts Prem Panicker.
A trio of tennis moms-Naomi Osaka, Angelique Kerber and Caroline Wozniacki-are poised for comebacks at the Australian Open.
'Similar to the case of the digital payment system where the government created a public platform and others joined in, we are exploring a similar structure to create a PPP platform where the compute required for AI could be accessed by the small player.'
Former India batter Mohammad Kaif said he was surprised about the way Rohit Sharma was confused about the team selection during the Asia Cup.
Credit rating agency Moody's changed Formula One's outlook to negative from positive on Thursday to reflect the impact of the coronavirus crisis on a global sport that has yet to race in 2020.
'The 2024 election results will lead to much intense targeting of Modi, more intense debates, many more breakdowns in Parliament and many more movements on the streets.' 'The results have hit Modi's standing, and the politics of the Opposition parties will be sharply focused to ensure that Modi doesn't get back his charisma of being 'invincible' with help of State power.' Sheela Bhatt looks at the political situation through the prism of 2024 Lok Sabha election results.
Paris is, and will continue to be, dogged by the usual gripes about staging the greatest show on earth.
Teams competing in the men's and women's German Cup this season will be allowed to make four substitutions if matches go into extra time, with Germany taking part in a pilot project, the country's football association (DFB) said on Friday.
New Zealand legend Glenn Turner is concerned about the impact of T20 cricket on the "more worthwhile forms" of the game and feels that the coronavirus-forced break is a good time to "reassess" the future of the sport. The 72-year-old Turner, who is also the former chairman of New Zealand's selection panel, believes that cricket administrators have "gone down a path of capitalism".
An online company would show a particular price to the customer and then quickly increase the cost after analysing consumer behaviour or detecting any kind of desperation.
Singh emphasised that the Indo-Pacific is no more a maritime construct, but a full-fledged geo-strategic issue, and that the region is facing "a complex web" of security challenges, including boundary disputes and piracy.
'With free software on the Internet and apps, creating a deepfake video can take 3 to 5 minutes. Anyone can make these videos.'
Lucknow Super Giants clinched a memorable one-wicket victory off the final ball against Royal Challengers Bangalore in a high-scoring thriller.
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