Economic Times

India, the world's second-biggest producer of crude steel, in April proposed a country-specific import quota to cap annual imports of low ash metallur
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In a major policy shift, the Indian government has waived local clinical trial requirements for drugs and vaccines approved by major international reg
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Mahindra and Mahindra have denied reports suggesting a $3 billion joint venture between Indian automaker and China's Shaanxi Automobile Group to build
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A key reform is the new GST rate of 5% on all aircraft components and engines, effective July 15, 2024. This replaces the previous range of GST ratesâ
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Power Finance Corporation obtained a ₹25.5 billion loan from Japan Bank for International Cooperation for a 300 MW wind energy project in Karnataka.
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Fortis Healthcare has acquired a 34% stake in Agilus Diagnostics from private equity firms Jacob Ballas and IFC. This transaction valued Agilus at aro
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Tata Motors has raised discounts on its Nexon.ev by up to ₹60,000 to boost slow sales. This comes after a ₹1.2 lakh price cut. The company's elect
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NEV sales accounted for just 7% of total vehicle sales in China three years ago, but its heavy investments in EV supply chains have propelled the grow
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Bengaluru's property prices have surged, making it difficult for middle-class buyers to afford homes. The average cost of a 3 BHK apartment now ranges
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The National Company Law Tribunal ruled in favor of Piramal Capital & Housing Finance in a dispute over a 5.4-acre land parcel in Mumbai. The tribunal
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Bharti Airtel, Reliance Jio, and Vodafone Idea pressed Nokia, Ericsson, and Samsung to absorb a new 5% customs duty hike on PCBAs. They claimed it wou
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The Reserve Bank maintained the benchmark rate, addressing concerns like liquidity issues, excessive leverage, and IT outages to ensure financial stab
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SpiceJet is under scrutiny by the Delhi High Court for failing to pay Rs 20 crore to its engine lessors, Team France 01 SAS and Sunbird France 02 SAS.
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GAIL and Rajasthan Rajya Vidyut Utpadan Nigam Limited have agreed to explore forming a joint venture to manage gas-based power plants and develop 1,00
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The Telecom Regulatory Authority of India (Trai) mandated telecom operators to disconnect and blacklist for two years any entity misusing bulk connect
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In the June quarter of 2024, the FMCG industry's volume growth slowed to 3.8% due to macroeconomic challenges affecting staple foods like packaged sal
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Jindal Steel and Power Ltd (JSPL) has successfully diversified its coking coal supply, reducing its reliance on Australia by more than half. This stra
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Yulu Bikes aimed to raise over $100 million in a Series C round to expand its operations and fleet of electric two-wheelers. The company collaborated
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Ludhiana-based Ceigall India has obtained contracts worth Rs 1,042 crore for the Kanpur Central Bus Terminal and Bhubaneshwar Metro Project-Phase I. T
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IIT Delhi's Abu Dhabi campus will introduce two undergraduate courses, Computer Science Engineering and Energy Engineering, from September 2023. With
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