India
ADB trims India’s 2016 growth forecast to 7.0%
NEW DELHI: The Asian Development Bank slightly lowered its 2016 growth forecast for developing Asia on Tuesday, reflecting slower-than-expected expansion...
Foodpanda India revenues up 704% to Rs 38 Cr in 2015-16
NEW DELHI: Foodpanda has reported revenues of Rs 37.81 crore for financial year 2015-16, up 704.4% from Rs 4.7 crore...
India to import 11m mt of crude oil from Nigeria by 2017
NEW DELHI: Indian state-run oil refiners have indicated interest to increase total crude oil consumption volume next year with additional...
Customs seizes 854 kg gold in Apr-Oct period
NEW DELHI: The Customs department has seized 854 kg of gold between April-October this fiscal, with maximum quantity emanating from...
India inflation likely eased to 16-month low
NEW DELHI: India's consumer inflation likely eased to the lowest level in 16 months in November, as a government move...
IBM India revenue rises 10% to $3.4bn in 2015-16
BENGALURU: India is a bright spot for IBM. It was called out for its performance by CFO Martin Schroeter in...
Indian solar imports grew 47% in H1 of FY 2016
NEW DELHI: India’s reliance on imported solar PV modules and cells has grown 47% in the space of a year,...
Customs asked to take ‘urgent steps’ to sell seized gold
NEW DELHI: Revenue department has asked Customs to take "urgent steps" to dispose confiscated gold while permitting the department to...
India keen on foreign LNG deals to double gas imports
NEW DELHI: In order to meet its objective of becoming a gas-based economy, India is urging Liquefied Natural Gas (LNG)...
Bangladesh-India to ink MoU on Chittagong, Mongla ports use
DHAKA: Dhaka and Delhi will sign a memorandum of understanding (MoU) to allow India to use Chittagong and Mongla seaports...
Customs official held for meow meow theft
DELHI: Delhi Police have arrested a customs officer for allegedly stealing and selling the drug mephedrone, popularly known as meow...
India’s oilmeal exports dip 9.75% in Nov
NEW DELHI: Oilmeal exports fell by 9.75 per cent to 1,08,342 tonnes in November this year on sluggish demand, industry...
India set to become world’s largest e-commerce market
NEW DELHI: The Indian e-commerce market is set to overtake the US and become the second largest in the world...
India’s gold imports at 11-month high in Oct at over 99 tons
NEW DELHI: Ministry of Commerce and Industry, on Monday revealed the details of gold imports in India over the past...
Uber’s India arm posts 442% jump in revenues to Rs 374 crore
NEW DELHI: The main Indian unit of taxi aggregator Uber has posted a four-fold jump in revenues in its third...
Pharma export records 1.96% negative growth in bulk drug, formulations
NEW DELHI: India’s pharmaceutical export of bulk drugs and formulations has witnessed a loss of dollar 197 million, a 1.96...
India’s BPCL to increase naphtha exports from Kochi in 2017
NEW DELHI: India's state-run Bharat Petroleum Corp. Ltd. is set to boost its naphtha exports next year with the completion...
India’s gold imports stable at 100 tons in Nov
NEW DELHI: India’s gold imports remained stable at about 100 tonnes in November despite the fall in sales of jewellery...
Indian tomato imports stopped
NEW DELHI: Pakistan has stopped importing tomato from India as there is enough local production to meet domestic demand, Federal...
Air India Express nets profit of Rs 415 crore
KOCHI: Air India Express, the low cost arm of Air India, has earned a net profit of Rs 415 crore,...
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