India: News

23 Nov 2023

Union Budget

Budget 2024 gunning for 10.5% rise in direct tax collections

The Union Budget 2024 aims for a 10.5% increase in direct tax collections, despite a sluggish global economy and a high revenue base in the current fiscal year, Moneycontrol has reported.

23 Nov 2023

Canada

'Logical consequence': Jaishankar on resumption of e-visa services for Canadians

External Affairs Minister S Jaishankar, on Wednesday, said the resumption of e-visa services for Canadians by India was a "logical consequence" of an improved situation between the two nations.

22 Nov 2023

Air India

DGCA fines Air India for non-compliance with CAR regulations

The Directorate General of Civil Aviation (DGCA) has slapped Air India with a Rs. 10 lakh fine.

Most digital advertisements between April-September 2023 flouted guidelines, says ASCI

The Advertising Standards Council of India (ASCI) has disclosed that most celebrities and influencers are not adhering to the disclosure norms for influencer advertising in digital media.

22 Nov 2023

Tesla

Tesla Model Y might be brand's first car in India

US automaker Tesla is gearing up to bring some of its models to India next year, starting with the Model Y crossover, Moneycontrol has reported.

22 Nov 2023

JP Morgan

Indian bonds set for highest foreign inflows in 6 years

Foreign investments in Indian bonds are skyrocketing, with the highest levels seen since 2017 as investors buy local debt in anticipation of India's inclusion in global indexes.

21 Nov 2023

Bharti Airtel

Starlink-rival OneWeb India gets approval for satellite broadband services

OneWeb India, a Bharti Group subsidiary and part of the Eutelsat Group, has been granted permission by IN-SPACe to start commercial satellite broadband services.

India's Q2 GDP likely grew 7%, exceeding MPC's 6.5% forecast

India's economy likely grew 7% in the second quarter (Q2) of the ongoing financial year, research firm ICRA noted on Tuesday.

ED files prosecution complaint under PMLA against Amway India

The Enforcement Directorate (ED) has filed a prosecution complaint against direct-selling company Amway India under the Prevention of Money Laundering Act, 2002 (PMLA).

GDP growth could dip amid uncertainties surrounding upcoming elections

Goldman Sachs predicts a slight decrease in India's real GDP growth to 6.3% in 2024, down from the 6.4% forecasted for 2023.

20 Nov 2023

Travel And Tourism

Top surfing destinations in India

India, often overlooked for surfing, surprises with its expansive coastline harboring remarkable surfing havens.

19 Nov 2023

ICC Cricket World Cup

India vs Australia: Pro-Palestine protester invades pitch, hugs Kohli 

The ICC Cricket World Cup 2023 final match between India and Australia was interrupted for a few minutes on Sunday after a man wearing a white t-shirt with the message "Stop bombing Palestine" invaded the pitch.

19 Nov 2023

Disney+ Hotstar

India vs Australia: Disney+ Hotstar logs record-breaking 5.4cr viewers

For the ongoing India vs Australia ICC World Cup 2023 final, Disney+ Hotstar has experienced a record-breaking 5.4 crore concurrent viewers.

18 Nov 2023

Narendra Modi

PM Modi responds to Mick Jagger's 'thanks India' tweet

Mick Jagger, a founding member and the frontman of Rolling Stones, was recently on a visit to India.

18 Nov 2023

Latest Motorcycles

Motorcycle sales witness surge this festive season in India

The motorcycle industry in India reportedly experienced a significant surge in sales in October, thanks to the festive season.

17 Nov 2023

Amazon

Amazon is targeting $20bn in exports from India by 2025

Amazon is working toward a goal of $20 billion (Rs. 1.66 lakh crore) in merchandise exports from India by 2025, as stated by Bhupen Wakankar, Director of Global Trade division at Amazon.

17 Nov 2023

Piyush Goyal

Why India's APEC membership bid was rejected

The Asia-Pacific Economic Cooperation (APEC) Summit in San Francisco has drawn attention as US President Joe Biden and Chinese President Xi Jinping met on its sidelines.

17 Nov 2023

Apple

Why Apple's supplier shifted $330mn investment from India to Vietnam

Apple's key Chinese supplier, Luxshare, has reportedly opted to invest in Vietnam over India due to ongoing political tensions between China and India.

17 Nov 2023

Petrol Diesel Prices

Crude oil prices drop nearly 5% to 4-month low

Crude oil prices plummeted nearly 5%, hitting a four-month low on November 16. This price drop comes amid an increase in US crude oil inventories, a rebound in US treasury yields, and global oil demand concerns.

RBI's outright OMO sales touch Rs. 8,385 crore in September

In September, the Reserve Bank of India (RBI) executed open market operation (OMO) sales of government securities totaling Rs. 8,385 crore.

16 Nov 2023

S Jaishankar

India's oil trade with Russia helped soften global economy: Jaishankar

India's choice to maintain trade with Russia has helped stabilize oil and gas markets, ultimately controlling global inflation, said External Affairs Minister S Jaishankar.

16 Nov 2023

Amazon Prime Video

Prime Video introduces FanCode in India to expand sports programming

Amazon Prime Video has introduced FanCode to its Prime Video Channels lineup, broadening its sports offerings in India.

16 Nov 2023

Ministry of Finance

Finance Ministry to present concise economic report before Interim Budget

The Indian Finance Ministry is planning to release a concise report outlining the nation's economic status prior to the Interim Budget on February 1, Moneycontrol has reported.

Seychelles may soon adopt India's UPI payments technology

India has extended an offer of technological cooperation to Seychelles on Unified Payments Interface (UPI), as per Mint which cited insiders familiar with the situation.

16 Nov 2023

Business

Centre reduces windfall tax on crude petroleum by over 35%

Indian government has slashed the windfall tax on crude petroleum by over 35.71%, lowering it from Rs. 9,800 per ton to Rs. 6,300 per ton.

16 Nov 2023

JioCinema

JioCinema signs exclusive pact with Pokemon for streaming children's content

JioCinema, the entertainment division of Reliance, has inked an exclusive agreement with The Pokemon Company to offer children's shows and films on its platform.

16 Nov 2023

Stock Market

India Inc's profits climb 41%, revenue up 6% in Q2

In the second quarter of the current fiscal year, India Inc saw a strong 41.4% growth in net profit, reaching an eight-quarter peak for a sample of 3,573 companies, as per the Economic Times (ET).

16 Nov 2023

Education

World Philosophy Day: Profound legacy of five notable Indian philosophers

Within India's rich cultural weave, profound philosophical insights have flourished, braided by extraordinary minds.

15 Nov 2023

Canada

Indo-Canadian organization urges action against Khalistani secessionist group SFJ

The Hindu Forum Canada (HFC) in Canada has called on the country's law enforcement agencies to address the alleged threats by the Khalistani separatist group Sikhs for Justice (SFJ)'s founder Gurpatwant Singh against Air India flights.

15 Nov 2023

Business

India's October merchandise exports jump 6% YoY to $33.6bn

In October 2023, India's merchandise exports grew 6.23% to $33.57 billion, up from $31.60 billion the previous year, according to Commerce Secretary Sunil Barthwal.

Why UCO Bank customers are unable to make IMPS transactions

Between November 10 and 13, 2023, government-owned UCO Bank experienced a technical issue affecting some Immediate Payment Service (IMPS) transactions, an exchange filing has revealed.

14 Nov 2023

United Kingdom

Next India-UK free trade agreement talks to be held soon

The lead negotiators from India and the UK are gearing up for their next round of discussions on the proposed free trade agreement (FTA).

14 Nov 2023

Medical College

National Medical Commission cautions medical colleges over fake recognition letters

The National Medical Commission (NMC) on Tuesday alerted medical colleges across the country about counterfeit letters of recognition.

14 Nov 2023

Indian Government

Why Centre is inviting bids for 20 critical mineral blocks

The Indian government is gearing up to open bidding for 20 essential mineral deposits, including lithium and graphite, within the next two weeks, as stated by Mines Secretary VL Kantha Rao.

14 Nov 2023

Akhilesh Yadav

INDIA rift widening? Akhilesh Yadav slams Congress on caste census

Samajwadi Party (SP) chief Akhilesh Yadav has called out previous Congress-led central governments for not implementing caste census.

14 Nov 2023

Canada

At UNHRC meeting, India asks Canada to address hate crimes

In a significant diplomatic move, India has spearheaded recommendations for Canada at the United Nations Human Rights Council (UNHRC) to bolster its legal framework to prevent attacks on worship places and address hate crimes more effectively.

14 Nov 2023

Business

Once a street vendor, Bikanervala chairman passes away at 86

Kedarnath Aggarwal, the founder and Chairperson of Bikanervala, a renowned Indian sweet shop chain, passed away on Monday at the age of 86.

14 Nov 2023

Business

PRS Oberoi, stalwart of Indian hospitality, passes away at 94

Prithvi Raj Singh Oberoi, affectionately known as "Biki" and hailed as the doyen of Indian hospitality, breathed his last on Tuesday morning (November 14), confirmed a spokesperson for The Oberoi Group.

13 Nov 2023

TikTok

Nepal bans TikTok citing disruption of social harmony

Nepal's government banned the Chinese video-sharing app TikTok on Monday, citing its potential to disrupt societal harmony within the nation.

India's GDP to grow 6.5% in FY24, FY25: Morgan Stanley

Morgan Stanley Research on Monday forecasted a 6.5% economic growth for India in FY24 and FY25, attributing this growth to solid domestic fundamentals.