Business News

Business

Reviving India's Growth: Strategies for Achieving 7-8% Expansion Amid Global Uncertainties

A pre-Budget meeting with PM Modi emphasized the need to return to 7-8% growth, discussing strategies amidst global uncertainties, geopolitical tensions, and sector-specific reform...

Business

Auto Giants Forge Strategic Alliances for Future Growth

Auto and two-wheeler companies in India increasingly rely on partnerships and joint ventures to achieve synergies, cost savings, and access to advanced technology, as exemplified b...

Business

New GST Regulations: 18% Tax on Car Sale Margins Explained

New GST regulations impose an 18% tax on the margin of car sales, affecting registered businesses. The change also increases the GST rate for electric vehicles to 18%, aligning the...

Business

Festive Season and Rural Demand to Drive India's Economic Recovery, Says RBI

The RBI expects India's economic growth to improve post-festive season and rural demand surge, with agricultural and industrial activities showing recovery signs.

Business

India's Exporters Eyeing Lucrative US Market Amid Trade Shifts

Indian exporters are in talks with the government to prepare for potential opportunities in the US market across various sectors, aiming to partner with American trade bodies and i...

Business

Rupee Plunges to Historic Low: 6th Consecutive Day at 85.2/$

The Indian rupee hit an all-time low for the sixth consecutive trading session, closing at 85.20 against the US dollar. Factors contributing to the decline include rising US bond y...

Business

India's Insurance Penetration Dips: A Closer Look at the Numbers

India's insurance penetration has declined for the second year in a row, reaching 3.7% in FY24. This contrasts with global trends of increasing insurance penetration, highlighting ...

Business

Lyft Sues San Francisco Over Alleged $100 Million Tax Overcharge

Lyft Inc. has launched a legal battle against San Francisco, accusing the city of improperly levying $100 million in taxes over the past five years. The lawsuit claims that San Fra...