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Import duties on items used in mobile phones removed
New Delhi, July 9: The Government of India has removed import duties on select components used in mobile phones and other electronic devices.
The exemption covers components used in wireless charging modules for mobile phones, displays for…
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BMW India reports double-digit growth in vehicle sales
Gurugram, July 8: BMW Group India today reported continued strong performance with consistent double-digit growth quarter after quarter in the sales of its vehicles.
Between January to June this year, BMW Group India sold 9,075 cars with…
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Fresh tensions in West Asia: Indian share markets plunge, Rupee weakens further
New Delhi, July 8: Indian equity markets ended sharply lower today against the backdrop of fresh fighting between the US and Iran, which pushed up the prices of international crude oil.
Meanwhile, the Indian rupee…
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Saudi Arabia cuts oil selling price for Asian nations, India likely to benefit
New Delhi, July 7: Saudi Arabia has decided to cut its official selling price (OSP) for crude oil sold to Asian buyers, a move that is expected to provide short-term relief to India by lowering import costs and easing inflationary…
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Environmental nod given to Indian Oil’s LNG project in Tamil Nadu
New Delhi, July 7: The Rs 3,400-crore expansion project of IndianOil LNG Pvt Ltd's Ennore terminal in Tamil Nadu has received environmental clearance from Union Ministry of Environment, Forest and Climate Change (MoEFCC).
The approval…
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Changes proposed in National Food Security Act
New Delhi, July 7: The Government of India intends to amend the National Food Security Act (NFSA) or Antyodaya Anna Yojana to provide for entitlement of 7 kgs of subsidised foodgrains per person per month, as against the existing 35…
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PVR INOX brings ‘Big Stories Deserve Big Screens’ Initiative
New Delhi, July 7: PVR INOX Limited, India's largest cinema exhibition company, has unveiled a month-long nationwide initiative -- 'Big Stories Deserve Big Screens' -- spotlighting its Premium Large Formats (PLFs).
Running throughout…
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Delhi Metro Rail Corporation sets up subsidiary company for global markets
By Arun Kumar Das
NEW DELHI, July 8: Delhi Metro Rail Corporation (DMRC) has established Delhi Metro International Limited (DMIL), a wholly-owned subsidiary which will focus on delivering operations and maintenance, consultancy, project…
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Gujarat’s GIFT City, Vietnam Financial Center Join Hands to Deepen Cooperation
Gandhinagar, July 7: Gujarat International Finance Tec-City (GIFT City)—India’s International Financial Services Centre (IFSC)—has collaborated with Vietnam International Financial Center - Da Nang (VIFC-DN), a newly established financial…
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No plans to introduce E25 Petrol, says Govt as outrage over E20 continues
New Delhi, July 7: As nationwide outrage over Petrol mixed with 20% Ethanol (E20) continues, the government seems to have put on hold its plans to roll out Petrol mixed with 25% Ethanol (E25).
The government says no decision has been…
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