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Economy

India needs Rs.9 lakh crore yearly investment in energy: IEA

New Delhi, Nov 27 (IANS) India needs more than Rs.900,000 crore ($140 billion) investments per year in energy by 2040 as it is set to contribute more than any other country to the rise in global energy demand over the coming quarter century, the International Energy Agency (IEA) said on Friday. “India’s energy transformation requires three

Emirates contributes over $848 mn to India’s GDP

New Delhi, Nov 26 (IANS) International airline major Emirates on Thursday said its India operations have contributed over $848 million annually to the country’s gross domestic product ...Full Article

Centre targets approval of 97 percent FDI under automatic route

New Delhi, Nov 24 (IANS) The government on Tuesday said it has reformed and liberalised norms for foreign direct investment in 15 sectors and targeted having 97 ...Full Article

India unveils roadmap to phase out corporate tax exemptions

New Delhi, Nov 20 (IANS) The government on Friday unveiled a detailed roadmap to phase out tax exemptions for the corporate sector and bring down its tax ...Full Article

Ford India recalls over 16,400 EcoSports

Chennai, Nov 13 (IANS) Ford India on Friday announced a recall of 16,444 units of its sports utility vehicle (SUV) EcoSport to inspect the rear twist beam ...Full Article

India’s factory output decelerates, inflation firms up

New Delhi, Nov 12 (IANS) India’s factory output growth decelerated sharply to 3.6 percent in September from 6.4 percent in the month before, even as the annual ...Full Article

CII hails FDI relaxation as Jaitley’s ‘Diwali gift’ to industry

Kolkata, Nov 11 (IANS) Terming the recent relaxation of foreign direct investment (FDI) in 15 sectors of the economy as union Finance Minister Arun Jaitley’s “Diwali gift”, ...Full Article

India says foreign investment norms will become more open

New Delhi, Nov 10 (IANS) The central government on Tuesday listed some 15 areas in which foreign investment norms have been liberalised, including defence, aviation and retail ...Full Article

Cheaper gold evokes brisk buying of gold on Dhanteras

New Delhi/Bangalore/Chennai/Kolkata/Mumbai, Nov 9 (IANS) Thanks to a dip in the prices of gold this year, brisk buying of the precious metal was seen on Monday as ...Full Article