Mercedes sells models ranging from A Class to Maybach, priced between Rs 28 lakh and Rs 1.67 crore.
Core sector companies have seen volumes drop to single digit in the first nine months of FY16.
At the height of the agitation against Tata Motors and after, the decibel level at Singur has always been high. The coronavirus scare, however, appears to have tempered it. The lockdown has hit Singur's inhabitants hard in more ways than one, reports Ishita Ayan Dutt.
There are actually great similarities between the two PM
An interplay of Modi government's outreach in Bihar and the sequence of events in Chirag Paswan's life could make Bihar a game of musical chairs when the results are out.
The Shiv Sena has spurned Congress' request to participate in the bandh.
Diesel prices have cumulatively risen by Rs 10.68 a litre in 17 instalments since January 2013 when the United Progressive Alliance government had decided on the monthly hikes.
Freight rates for 12 commodities hiked.
State-owned Oil and Natural Gas Corp (ONGC) will add about Rs 8,000 crore (Rs 80 billion) to its profits annually from near doubling of natural gas prices from next fiscal.
Continuing decline in food prices, including vegetables, pulled wholesale price inflation to a five year low of 1.77 per cent in October.
The fuel reforms are a very important signal of the government's commitment to tough economic reforms.
'The government is sincerely working on employment generation. Unfortunately, they are depending on these people from Harvard. Their wrong policies are killing jobs. The government has to come out of the Western framework on which they depend upon a lot.'
In August, wholesale prices rose 3.74 per cent year-on-year.
While the finance minister had a great opportunity to come out with flying colours while presenting this last Budget of his government, he didn't, says Omkar Goswami.
'It promises to get much, much darker before the dawn.' 'But at least dawn has a fighting chance,' says Mitali Saran.
Siddaramaiah announces free LGP gas, universal health scheme in budget
Over 22 passenger and commercial vehicle makers and 18 two- and three-wheeler makers will take part amid proximate security.
The expectation that Mr Modi would be a major reformer, capable of reinvigorating the Indian economy, were based on a complete misreading of both his actions and his performance as Gujarat chief minister, says Mihir S Sharma.
Prime Minister Narendra Modi on Sunday said he would be receiving family members of Subhash Chandra Bose next month but avoided any reference to declassification of secret files related to him which is being demanded by various sections after West Bengal government did so.
Oil Minister Dharmendra Pradhan had last month told the Parliament that his Ministry has disallowed RIL from recovering $2.376 billion invested to develop offshore Krishna Godavari gas fields as output has fallen drastically and was way below the promised volumes in past four years.
Jaitley said a 10 per cent tax long on capital gains exceeding Rs 1 lakh made from the sale of shares has been introduced but those made till Janaury 31 would be grandfathered. A 10 per cent tax on distributed income by equity oriented mutual funds has also been proposed in the budget.
Many believe that marketing budgets could be a hurdle.
The Mahindra group's Igatpuri plant becomes the first in India to be declared carbon-neutral. Ashish Narsale / Rediff.com finds out how this was achieved.
The president outlined the government's agenda in the coming financial year in his customary address to the joint sitting of both the Houses of Parliament.
India had 14 out of the world's 20 most polluted cities, the World Health Organization reveals.
The states will be asked to tap the Centre's JAM trinity.
Asian shares ended higher after a string of positive US economic data.
'There are 25 million farmers in India with at least 2 to 3 cows each.' 'If all them use biogas to cook, millions of LPG units and firewood can be saved.'
There are both positive and negative impacts of the tax, but the net result for India's infrastructure sector is advantageous, says Vinayak Chatterjee.
Jaitley said growing at 8-10 per cent for a significant number of years will help India find an answer to poverty.
The old note will continue to be accepted for other utility bill payments as well as at railway ticketing counters and counters of government or public sector undertaking buses for purchase of bus tickets till December 15
'With this amendment, permanent employees will cease to exist.' 'The government should give a human touch and human face to labour reforms.' 'Ideas like survival of the fittest, might is right, etc, are rules of the jungle.' 'They cannot give new terms like hire and fire to jungle law.'
The government chose moral persuasion to make people give up subsidies, notes Rahul Khullar.
In absolute terms, prices will go up by Rs 5,500 to Rs 47,000, depending on the model and prevailing prices.
India must streamline reforms, only then it will see success.
The Petroleum Ministry has asked for Rs 26,000 crore (Rs 260 billion) as fuel subsidy for the third quarter of this financial year, but the finance ministry is inclined to provide only Rs 10,000 crore (Rs 100 billion) cash support.
Increase in taxes on luxury cars will not have any effect on the demand
Payments banks are niche banks which will be allowed to function with several restrictions.
Amidst a storm over proposal to shut petrol pumps during night to taper fuel demand, Oil Minister M Veerappa Moily on Monday said the government had not made any such proposal and the idea had come from public.
Contrary to the bragging that marked its two-year anniversary, the government's timidity on reform is simply astounding.
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