India: News
Uttar Pradesh - India's leading mobile manufacturing state
A report released by the Department of Industrial Policy and Promotion placed Uttar Pradesh as India's topmost mobile manufacturing state.
SEBI directs PVR Cinemas' founder to explain its profit-sharing deals
Reports stated that SEBI has directed PVR Cinemas' owner to provide explanation on the company's agreement and profit-sharing deals with its investors that had not been disclosed to its shareholders.
Pakistan not to participate in Junior Hockey World Cup
Pakistan junior hockey team will not be participating in the upcoming men's hockey junior world cup as they missed their deadlines to apply for the visa.
Modi asks BJP members to submit bank details
PM Modi directed all BJP MPs and MLAs to submit details of their bank accounts so that suspicious transactions post November 8 can be tracked.
Mandatory safety norms to come in from 2018
Centre has notified mandatory safety warnings that automobile manufacturers will now be required to include in all vehicles from April, 2018.
Flipkart's internet arm sees losses double to touch Rs.2,306 crore
After scripting massive expenditures in an attempt to combat the rising rivalry from Amazon, Flipkart's internet division, Flipkart Marketplace saw its losses double to Rs.2,306 crore for the financial year that ended on 31 March, 2016.
Delhi overtakes Mumbai as India's economic hub
In a study published by Oxford Economics, India's capital city of Delhi overtook Mumbai as the nation's commercial and business centre.
Political parties cause disruptions across India
Demonetization and its implementation continues to be vehemently opposed by major opposition parties.
RBI raises cash reserve ratio to 100%
India's central bank, the Reserve Bank of India, directed the country's banks to maintain a cash reserve ratio of 100% to help absorb the excess deposits being collected in banks.
Travel and leisure stock hurt by demonetization?
The recent government move to demonetize high-value currency has left many travel stocks battling to maintain their robust growth.
Harry Potter comes to ICSE schools
English literature classes in ICSE schools are getting a very contemporary makeover.
Zee snags Reliance Group's radio and television businesses
Anil Ambani-led Reliance Group is selling 49% of its stake in the company's radio business and a 100% stake in its TV business to Zee Group, reports said.
Govt. employee speaks: Bribes are acceptable in government jobs
An anonymous engineer, working in UP's public works department speaking on the illicit bribes taken during his tenure said that "a bribe is not a taboo in a government job".
India's richest 1% control over half of nation's wealth
A Credit Suisse study showed that India's richest 1% currently exercise ownership over 53% of the country's overall wealth.
Indian family businesses: Only 15% have succession plans
Reports revealed that just about 15 percent of the country's family businesses have a robust plan for succession.
Monetary Policy Committee to rely on demonetization for rates?
After the sudden announcement of withdrawing nearly 85% of the economy's currency in circulation, industry experts predict that lesser cash availability might trigger a rate cut in the upcoming policy meet.
Can India capture the global production limelight?
With growing linkages to other economies for export-driven production, India is soon rising up the global production ladder.
Villages in rural India have come to a standstill
Rural India that majorly relies on cash transactions has to a great extent come to a standstill after the government's announcement of demonetization on November 8.
Panel looks into NRIs and tourists demonetization hassles
The Ministry of External Affairs (MEA) said an inter-ministerial committee has been formed to study concerns of tourists, NRIs and foreign missions with regards to demonetization.
Sluggish Indian Judiciary: Over 27 million court cases pending
Over 27 million backlog of court cases, mostly involving poor litigants, reportedly lies at India's District and Subordinate Courts.
Debt-straddled companies see salaries take a hit
Reports studied by market research firms have revealed that 'compensation increases' and growth have taken a backseat across firms that are heavily indebted.