Business

With FTA, Diwali To Bring Prosperity In India-UK

NEW DELHI: UK Secretary of State for International Trade Anne-Marie Trevelyan hoped that the Free Trade Agreement with India would be readied by Diwali. Trevelyan was replying to a query about the timeline announced by UK Prime Minister Boris Johnson during his visit to India last week at a House of Commons International Trade Committee […]

Four European Companies Paid In Rubles For Russian Gas

NEW DELHI: Despite the European Union (EU) asking energy companies not to comply with Russia’s demand to be paid in rubles for its natural gas, four European gas buyers have reportedly paid in rubles as President Vladimir Putin demanded. In a report published in Bloomberg, a person close to Russian gas giant Gazprom had opined […]

Which States Are Saving Your Fuel Bill? K’nataka, Guj Or Delhi, Maha & WB

  NEW DELHI: The rising price of fuel has undoubtedly affected the life of the common people. With India having one of the highest tax rates for fuel, there has been a constant call for the reduction of taxes. Prominent states like Karnataka and Gujarat were among the first to reduce the rates in November […]

Rs 1.7 L Cr LED Biz: LG, Wipro Announce To Enter Lights Parts India Industry

  NEW DELHI: Nineteen prominent electrical majors including Wipro and LG Electronics have filed applications for Production Linked Incentive (PLI) Scheme for white goods (ACs and LED lights) in the second round of applications with committed investments of Rs 1,548 crore. Prominent names like Mitsubishi Electric, Adani Copper Tubes, Crompton Greaves, Jindal Poly films, Zeco Aircon, […]

No Problem In Tesla Producing EVs In India: Nitin Gadkari

  NEW DELHI: Minister for Road Transport and Highways Nitin Gadkari said that the country has no problem if Tesla is ready to manufacture its electric vehicles in India but, he added, that Elon Musk’s company must not import cars from China. During an interactive session at India’s geo-economic conclave, Raisina Dialogue, in its national capital, […]