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Govt unveils economic stimulus to boost demand by $10 bn

Economy

12 October, 2020

Govt unveils economic stimulus to boost demand by $10 bn

India on Monday announced steps to stimulate consumer demand, including advance payment of a part of the wages of federal ......

Samsung, Foxconn, 14 other firms get govt incentives for smartphone plan

Manufacturing

07 October, 2020

Samsung, Foxconn, 14 other firms get govt incentives for smartphone plan

India on Tuesday said it was approving incentives under a federal plan to boost domestic smartphone production to 16 companies,...

Global coronavirus deaths pass ‘agonizing milestone' of 1 mn

General

29 September, 2020

Global coronavirus deaths pass ‘agonizing milestone' of 1 mn

The global death toll from COVID-19 rose past 1 million on Tuesday, according to a Reuters tally, a bleak milestone ......

Harley nears deal with Hero MotoCorp after stopping local manufacturing

Consumer

25 September, 2020

Harley nears deal with Hero MotoCorp after stopping local manufacturing

Harley-Davidson Inc is in advanced talks with India's Hero MotoCorp for a distribution deal which will allow the U.S. firm's...

Businesses cheer, unions fear contentious labour reforms

General

24 September, 2020

Businesses cheer, unions fear contentious labour reforms

Business groups on Thursday welcomed contentious and long-delayed labour reforms passed by India's parliament this week, aimed...

India coronavirus infections near 4 mn, closes in on Brazil

General

04 September, 2020

India coronavirus infections near 4 mn, closes in on Brazil

India reported a daily jump of 83,341 coronavirus infections, taking its tally to 3.94 million, health ministry data showed on...

Farmers turn to moneylenders as banks shun risk amid pandemic

General

27 August, 2020

Farmers turn to moneylenders as banks shun risk amid pandemic

Last month, Dnyaneshwar Siddhanth, a farmer from India’s western state of Maharashtra, was in desperate need of money to...

India faces protracted slowdown as virus clouds rural revival

Economy

20 August, 2020

India faces protracted slowdown as virus clouds rural revival

India is staring at a protracted slowdown as coronavirus cases reach its countryside, with signs of recovery in the rural ......

Govt wants auto companies to cut royalties to foreign parents

Manufacturing

18 August, 2020

Govt wants auto companies to cut royalties to foreign parents

India's commerce minister has asked automakers to find ways to reduce royalty payments to foreign parent companies for use...

Govt keen to speed up stake sale in IDBI Bank, three others

Finance

18 August, 2020

Govt keen to speed up stake sale in IDBI Bank, three others

Indian Prime Minister Narendra Modi's office has asked officials to speed up the process of trimming government stakes in...

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