India: News
Google announces $350 million investment in e-commerce platform Flipkart
Google has announced a significant investment of around $350 million in Flipkart, India's leading e-commerce platform.
JLR to manufacture Range Rover SUVs locally in India
Jaguar Land Rover (JLR), a subsidiary of Tata Motors, has announced that it will begin local manufacturing of two of its most popular SUVs, the Range Rover and Range Rover Sport, in India.
Yezdi Adventure 350 spied on test in India: Expected features
The upcoming Yezdi Adventure 350 has been spotted undergoing further testing, roughly a month after its initial sighting in April.
Robust expansion in India's business activity this May: Here's why
India's business activity saw a significant surge in May, primarily driven by the services industry, as per a recent survey.
Sweeping changes to India's driving license rules from June 2024
Starting June 1, 2024, the process of obtaining a driving license in India will undergo significant changes, as announced by the Ministry of Road Transport and Highways (MoRTH).
Adani Group refutes allegations of 'low-grade' coal supply, shares unaffected
Adani Group has categorically denied allegations of supplying low-grade coal as high-quality coal, to a state government-owned power generation company.
Indian wearables market sees modest growth in Q1 2024
The Indian wearables market experienced a slight increase of 2.1% year-over-year (YoY) in the first quarter of 2024, touching a total of 25.6 million units, according to IDC.
Bajaj Pulsar N125 found testing in India: Expected features
Homegrown automaker Bajaj Auto is said to be testing a new commuter motorbike, speculated to be the Pulsar N125.
Maruti Suzuki secures design patent for eWX EV in India
Maruti Suzuki has successfully patented the design of its forthcoming electric vehicle, the eWX, in India.
India's Russian oil imports hit nine-month high in April
India's importation of Russian oil reached a nine-month peak in April, as per Reuters, based on tanker data from shipping and trade sources.
India competes with China in underwater hunt for EV resources
India has entered a competition with China to secure underwater mineral resources vital for the production of electric vehicles and solar panels.
India's oil and gas import bill swells to $12.3 billion
India's oil and gas import bill soared to $12.3 billion in April, a significant increase from the previous year's $10.1 billion, according to data from the country's oil ministry.
Magic Moments ascends to become world's 7th largest vodka brand
Radico Khaitan's vodka brand, Magic Moments, has clocked record sales of over six million cases in FY24, equating to sales worth ₹1,000 crore.
Private banks surpass PSBs in FY24 net profit growth
Private banks in India have outperformed public sector banks (PSBs) by reporting a higher net profit growth in fiscal year (FY) 2024, as per a Moneycontrol analysis.
Government panel accuses EV manufacturers of intentional subsidy scheme violation
A panel established by the Union Ministry of Heavy Industries (MHI), has accused auto companies of intentionally violating the FAME-2 guidelines.
Gold price hits record high amid global economic uncertainty
Gold prices have soared to an unprecedented high, reaching $2,450.49/ounce in a recent trading session, marking an 18.65% increase this year alone.
Pine Labs gains approval to merge Singapore and Indian units
Merchant commerce start-up, Pine Labs, has bagged approval from a Singapore court to merge its local entity with its Indian unit.
Petrol sales unchanged, diesel demand dips amid Indian election campaigns
Despite the peak of the election campaign in India, May 2024 saw a sluggish demand for petrol and diesel.
Bank of Maharashtra tops public sector banks in FY24 growth
Bank of Maharashtra has outpaced other public sector banks in total business and deposit growth, for the fiscal year (FY) 2024.
ARAI initiates crash tests on electric scooters in India
In a significant move, the Automotive Research Association of India (ARAI) has conducted three separate crash tests on electric two-wheelers.
Over 5 million farmland trees vanished in India between 2018-2022
Between 2018 and 2022, India witnessed the disappearance of more than five million large farmland trees due to altered cultivation practices, as per a study published in Nature Sustainability.
Jeep India plans entry into midsize SUV market by 2025
Jeep, the American car manufacturer, is reportedly gearing up to penetrate the midsize SUV segment in India in 2025.
DPIIT Secretary encourages Indian industries to prepare for lower tariffs
Rajesh Kumar Singh, the Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), has encouraged India's domestic industry to anticipate a lower tariff regime in the future.
Why automotive industry is debating three vs four-cylinder engine usage
The Indian automotive industry is currently embroiled in a discussion over the merits of three-cylinder engines versus four-cylinder mills.
Exploring popular geo-heritage monuments in India
India is home to 34 officially recognized National Geological Heritage Monument Sites, each a testament to the nation's rich geological history.
UN raises India's 2024 GDP growth forecast to 6.9%
The United Nations (UN) has updated its economic growth projections for India in 2024, predicting a nearly 7% expansion, an increase from the previous forecast of 6.2% made in January.
India awards tenders for 412,000 tons of green hydrogen production
India has taken a significant step toward green energy by awarding tenders for the establishment of 412,000 tons of green hydrogen manufacturing and 1.5 gigawatts (GW) of electrolyzer manufacturing capacity.
'Taarak Mehta...' actor Deepti Sadhwani stuns in orange at Cannes
Deepti Sadhwani, celebrated for her performance in the popular TV series Taarak Mehta Ka Ooltah Chashmah, made a dazzling debut at the 77th Cannes Film Festival on Tuesday.
India's April trade deficit rises to $19B on lower exports
India's merchandise trade deficit has expanded to $19.1 billion in April, as reported by Commerce Secretary Sunil Barthwal.
Royal Enfield files trademark for 'Classic 650 Twin' model
Royal Enfield has applied for a trademark for its upcoming motorcycle model, the 'Classic 650 Twin.'
How to use Income Tax Department's new real-time feedback updates
The Income Tax Department of India, has announced a new feature in its Annual Information Statement (AIS), that offers taxpayers real-time updates on their feedback status.
Cannes 2024: 12 Indian films set to dominate film festival
The 77th Cannes Film Festival, a global cinema event commencing on Tuesday (May 14) is set to witness an unprecedented representation from India.
Honda files design patent for CB1000 Hornet in India
Honda has officially registered a design patent for the CB1000 Hornet, marking a significant development in the Indian motorbike market.
Bajaj Auto to debut Bruzer CNG motorcycle on June 18
Bajaj Auto, a leading Indian two-wheeler manufacturer, has announced the launch of its first-ever CNG motorcycle on June 18, 2024.
IIM Ahmedabad tops India's higher education institution space
A recent report by the Center for World University Rankings (CWUR) on May 13 indicates that Indian universities are experiencing a decline in performance due to increased global competition from well-funded institutions.
India's influencer marketing industry to hit ₹34 billion by 2026
India's influencer marketing industry is projected to surge from ₹19 billion in 2023 to a staggering ₹34 billion by 2026, as per a recent FICCI EY report.
Gold ETFs witness first outflow of ₹396cr since March 2023
Gold exchange traded funds (ETFs) recorded a net outflow of ₹396 crore from India in April, marking the first withdrawal since March 2023.
Zoomcar to expand fleet with 20,000 new cars by FY2025
Zoomcar, a leading self-driving and car-sharing platform in India, has announced its ambitious plan to add over 20,000 new vehicles to its fleet by the end of FY2025.
Maruti Suzuki Dzire led Indian sedan sales in April 2024
The Indian automotive market, renowned for its dynamism, experienced notable changes in sedan sales in April 2024.
SKODA rolls out summer campaign with discounts and services
SKODA has launched a summer campaign offering a range of discounts and services to its customers.