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Mercedes Benz, Indias biggest German luxury car maker by sales, will retain leadership in the fiercely competitive Indian luxury car market for third year in a row.

Mercedes clocks production of 1 lakh cars in India

The company, which began its journey in India 24 years ago said the next production milestone will be achieved sooner.

27 May 2018 4:45 PM IST

Finance Ministry

Fin Min to set up strategic investment fund under NIIF

The NIIF has mandate to solicit equity participation from strategic anchor partners.

27 May 2018 4:08 PM IST

Employees Provident Fund Organisation or EPFO stores members PF corpus.

EPFO cuts administrative charges, firms to save Rs 900 cr annually

The EPFO has accumulated surplus of over Rs 20,000 crore in the administrative charges account.

27 May 2018 1:56 PM IST

Telecom regulator Trai on Thursday mooted a concept of open architecture-based public Wi-Fi grid to bring down the cost of internet by 90 per cent.

Wi-Fi adds wing to BharatNet, data usage jumps 190 pc in villages

Karnataka at present has largest number of GPs where BharatNet infrastructure is used for Wi-Fi choupal project.

27 May 2018 1:40 PM IST

Oil and Natural Gas Corp (ONGC) has become Indias first company to hold a meeting of its Board of Directors at high sea. (File Photo)

Petronet to partner OVL for stake in Qatar Petroleum LNG project

Petronet is keen to take 5 per cent stake in the expansion project along with associated upstream gas development.

27 May 2018 1:31 PM IST

Niti Aayog had earlier proposed doing away with the distinction between plan and non-plan expenditure.

NITI Aayog's Governing Council to meet on June 16

Prime Minister Narendra Modi may also discuss plans for celebrations to mark the 150th birth anniversary of Mahatma...

27 May 2018 12:48 PM IST

According to a latest report by Tourism Australia, over 11,400 tourists from the state visited Australia spending AUD 55million (approx. Rs 275 crores) on their Australian holidays for the year ended June, 2017. (Representational image)

Self-drive travel segment to grow by up to 35 pc, say experts

Initially, a lot of youngsters opt self-drive within the country and then graduate to longer holidays overseas.

27 May 2018 12:35 PM IST

CII on Sunday said businesses across several key sectors are seeing firm growth in sales and orders.

Economy on recovery path, investments likely to pick up: CII

Sectors like consumer non-durables, two-wheelers and tractors are witnessing strong rural consumption.

27 May 2018 12:22 PM IST

The RS will be generously costly contrasted with the standard top-spec Baleno.

Toyota to enhance localisation in Vitara Brezza and Baleno

Suzuki agreed to supply premium hatchback Baleno and compact SUV Vitara Brezza to Toyota.

27 May 2018 12:13 PM IST

India can benefit from the ongoing challenges in global trade provided it plays its cards well, Commerce and Industry Minister Suresh Prabhu on Monday said.

Inclusion of ATF under GST to help airlines cut cost, says Prabhu

There is a demand from airlines for inclusion of Aviation Turbine Fuel in the new indirect tax regime.

27 May 2018 12:04 PM IST

FDI equity inflow in manufacturing sector grew by 31 per cent to USD 4.19 billion during April-June this fiscal.

FPIs net outflow at USD 4 billion in May

Foreign investors have pulled out a massive USD 4 billion (over Rs 26,700 crore) from capital markets so far this month.

27 May 2018 11:58 AM IST

Coal-fired projects are struggling with lower offtake for the power they generate.

India's coal import declines 9 per cent to 17.32 mn tonnes in April

Import demand from thermal power plants remained low due to ample supply from domestic sources.

27 May 2018 11:51 AM IST