India: News

04 Apr 2024

X

Ahead of polls, Musk's X launches fact-checking initiative in India

X has announced the launch of its crowd-sourced fact-checking initiative, Community Notes, in India.

03 Apr 2024

Tesla

Tesla to scout locations for Indian EV factory by April-end

Tesla, the electric vehicle (EV) manufacturer led by Elon Musk, is reportedly planning to send a team to India by late April.

03 Apr 2024

Maruti Suzuki

Maruti Suzuki hits production milestone of 3 crore vehicles

Maruti Suzuki recently celebrated a significant production milestone, having manufactured three crore vehicles, since its inception in December 1983.

03 Apr 2024

Bangladesh

World Bank forecasts 7.5% growth for India's economy in 2024

The World Bank has revised its growth forecast for India's economy, now predicting a significant increase of 7.5% in 2024, up by 1.2% from its previous estimate.

02 Apr 2024

BMW

BMW set to launch eighth-generation 5 Series in India soon

BMW is preparing to launch its eighth-generation 5 Series in India, aligning the release with the festive season.

02 Apr 2024

Realme

Realme 12x 5G goes official in India at ₹12,000

Realme has introduced its latest mid-range smartphone, the Realme 12x 5G, to the Indian market.

02 Apr 2024

Business

India's manufacturing activity hits 16-year high in March

India's manufacturing sector witnessed robust growth in March, with the HSBC Purchasing Managers' Index (PMI) soaring to a 16-year high of 59.1, according to data released on April 2.

01 Apr 2024

GST

India's GST collection surges 11.5% in March to ₹1.78L crore

India's Goods and Services Tax (GST) collection saw a significant increase of 11.5% in March, accumulating ₹1.78 lakh crore, according to the Finance Ministry.

Heatwave in April-May, temperatures to be above normal: IMD 

India is set to experience an unusually prolonged heat wave this summer, with temperatures from April to June anticipated to exceed normal levels.

01 Apr 2024

Travel And Tourism

Witness the best of India's monsoon at these destinations 

India's monsoon season drapes its hill stations in a mystical veil of mist and lush greenery, offering a cool, refreshing escape from the intense heat.

01 Apr 2024

Federal Reserve

Gold prices hit a fresh all-time high of ₹69,487

Gold prices in India reached an all-time high of ₹69,487 per 10 grams on Monday, marking a significant increase of nearly ₹1,800 in initial trade.

29 Mar 2024

Startups

Indian tech start-ups witness funding dip in Q1 2024

Indian tech start-ups experienced a significant shift in the first quarter of 2024, accounting for 4% of the total global funding of $37 billion.

More than 1.68 lakh companies registered in India in FY24

India witnessed a significant surge in new business registrations during the financial year 2024, with over 1.68 lakh companies being established.

29 Mar 2024

Cryptocurrency

Indian crypto exchanges witness substantial trading volume surge: Here's why

Indian cryptocurrency exchanges have seen a significant surge in trading volumes, with a month-on-month increase of over 207% from February to March.

29 Mar 2024

Stock Market

Over half of India's large-cap funds disappointed investors last year

Despite a strong year for the Indian stock market in 2023, more than half of the country's equity Large-Cap funds failed to outperform the S&P BSE 100 index, according to a report by S&P Dow Jones Indices.

Major policy changes for Indian credit card issuers: Details here

As April approaches, significant policy changes are set to impact major credit card issuers in India, including SBI Card, ICICI Bank, and Axis Bank.

Indian flight travelers express dissatisfaction over seat selection practices 

A recent study by consumer advocacy group LocalCircles has revealed growing discontent among Indian travelers over airline seat selection practices.

29 Mar 2024

Skoda

SKODA SUPERB set for Indian comeback on April 3

SKODA's flagship sedan model, the SUPERB, is slated to make a comeback in the Indian market on April 3, following its temporary discontinuation due to the implementation of the BS6 Phase 2 norms.

29 Mar 2024

Layoff News

General Electric to slash 1,000 jobs including in India

General Electric (GE) is preparing to cut 1,000 jobs within its renewable energy subsidiary, LM Wind Power.

29 Mar 2024

Finance

India's April-February fiscal deficit covers 86.5% of FY24 target

India's fiscal deficit from April to February in FY24, has reached Rs. 15.01 lakh crore, marking approximately 86.5% of the annual target, according to recent data.

Indian banks have issued over 100 million credit cards

In a noteworthy development, the Reserve Bank of India (RBI) has reported that the number of credit cards issued by Indian banks, surpassed 100 million in February 2024.

28 Mar 2024

Business

L Catterton, former Hindustan Uniliver CEO announce JV in India

L Catterton's Asia division, a private equity firm specializing in consumer-focused investments, is partnering with former Hindustan Unilever (HUL) CEO, Sanjiv Mehta.

28 Mar 2024

Hyundai

Hyundai rolls out annual summer service camp in India

Hyundai has initiated its yearly summer service camp for its car owners in India.

27 Mar 2024

Amazon

Most Indian shoppers favor less packaging, Amazon survey finds

A recent study commissioned by e-commerce behemoth Amazon, reveals that a significant 69% of Indian shoppers prefer receiving their online purchases with less packaging.

Indian banks report decade-long fraud totaling Rs. 5.3 lakh crore

Over the past decade, Indian banks have disclosed frauds totaling an astonishing Rs. 5.3 lakh crore, as per data from the Reserve Bank of India (RBI).

27 Mar 2024

Google

YouTube purged 9 million videos in Q4 2023: Here's why

In a sweeping move, global video streaming giant YouTube has axed over nine million videos worldwide in the last quarter of 2023.

27 Mar 2024

Starbucks

Starbucks planning to expand to 1,000 Indian stores by 2028

Starbucks, a global coffeehouse giant, has unveiled its ambitious plans to significantly bolster its presence in India.

27 Mar 2024

Paytm

Paytm rolls out direct FASTag recharge amid regulatory challenges

Paytm has unveiled a new feature that allows users to recharge their FASTags directly via its mobile app.

27 Mar 2024

New Delhi

Explained: India's planned transition from minimum wage to living wage

India is contemplating a major wage policy overhaul.

P-note investment reaches 7-year peak in India: Here's why

Off-shore funds have been heavily pouring money into participatory notes (P-notes), reaching a seven-year high, according to the National Securities Depository Limited (NSDL).

26 Mar 2024

Bharti Airtel

Indian telecom titans to forge unique tariff plans after elections

Reliance Jio and Bharti Airtel, India's telecom powerhouses, are crafting unique tariff strategies in the wake of the parliamentary elections.

25 Mar 2024

Stock Market

This company's stock has yielded 107% return in a year

HEG, a leading Indian graphite electrode manufacturer, has experienced a significant financial upswing.

25 Mar 2024

EPFO

EPFO membership records notable surge in January 2024: Check figures

The Employees' Provident Fund Organisation (EPFO) experienced a significant rise in its membership, with a net addition of 1.602 million members in January 2024.

25 Mar 2024

Snapchat

Snapchat aims to attract Indian Gen Z with tailored experiences

Snapchat is honing in on the creation of tailored experiences in India to draw in more Generation Z users, Pulkit Trivedi, India's Managing Director for Snap Inc. told Moneycontrol.

25 Mar 2024

Maldives

Hold 'dialogue' with India: Maldives President Muizzu advised by predecessor

The former President of Maldives, Ibrahim Mohamed Solih, has urged the country's incumbent President Mohamed Muizzu to initiate dialogue with neighboring countries especially India to tackle the country's financial issues.

24 Mar 2024

China

'Super racist': Elon Musk slams US's green card policy

Elon Musk, Tesla CEO and globally acclaimed entrepreneur, took to his social media platform X on Saturday to voice his disapproval of the green card policy of the United States (US).

24 Mar 2024

Holi

Don't want stains on car this Holi? Take these steps

The lively festival of Holi, while a delightful celebration of color, often leaves cars marked by airborne colors and water balloons.

24 Mar 2024

Stock Market

FPIs display remarkable recovery in Indian equity markets this March

Foreign Portfolio Investors (FPIs) have ramped up their investment activities in the Indian equity markets in March 2024, pouring in over Rs. 38,000 crore.

24 Mar 2024

Jammu And Kashmir

Pakistan 'seriously' looking to restore trade ties with India: Minister

Pakistan's Foreign Minister, Muhammad Ishaq Dar, on Saturday (local time) said the country was "seriously" considering re-establishing trade relations with India, which had been suspended since August 2019, Geo News reported.