Deficient rainfall, lower sowing to push rice prices higher

New Delhi (IANS) Deficient rainfall, and consequently lower sowing, will push rice prices higher, Motilal Oswal Financial Services said in a report.

The report said that rising global rice prices would further push local prices up, adding that…

Hyundai Exter SUV launched In India, prices start at Rs 6 lakh

Gurugram (IANS) Hyundai Motor India Ltd (HMIL) on Monday launched Hyundai Exter in what is billed as India’s most affordable SUV with introductory prices start from Rs 6 lakh and go up to Rs 10 lakh for the top-spec trim (all prices ex-showroom, India).

Kal Airlines refutes claims of settlement talks with SpiceJet

New Delhi, Jun (IANS) Kal Airlines on Monday rejected the claims of SpiceJet to have reached a settlement through discussions with Kalanithi Maran and his firm.

The Kal airlines, in a statement, said that it has come to its knowledge that a…

Expression of Interest sought for Go Airlines; will Wadia Group bid for it?

Chennai, (IANS) The Resolution Professional for Go Airlines (India) Ltd, Shailendra Ajmera, has called for Expression of Interest (EoI) for the private airlines.

The airline with Rs 4,183 crore revenue (for FY22) belonging to the Wadia Group…

Foxconn withdraws from JV for chip manufacture, Vedanta to go ahead

Bengaluru (IANS) In a major setback to Prime Minister Narendra Modi's plans of making India a chip-manufacturing hub, Taiwanese chip-making giant Foxconn on Monday announced that it has withdrawn from a joint venture with India-based industrial…

Govt to draft rules requiring health, finance influencers to run disclaimers

New Delhi (IANS) Soon the amalgam of health influencers, who give tips on various social media platforms about consuming a particular nutrient or supplement, will have to prove their qualifications and eligibility, to ensure that they are not indulging…

Commerce Minister to visit UK from tomorrow to fast-track FTA negotiations

New Delhi (IANS) Commerce Minister Piyush Goyal is scheduled to visit the UK from July 10-11, to further the free trade agreement (FTA) talks between the two nations.

Goyal will also be meeting with ministers from the European Free Trade Association…

GST council likely to discuss taxation under ONDC during meeting next week

New Delhi (IANS) The Goods and Services Tax (GST) council, which is set to meet on July 11, is likely to give clarity on whether tax collected at source (TCS) should be deducted by the buyer or the e-commerce platform, from whom the product has been…

TRAI floats consultation paper on regulatory mechanism for OTT communication services, selective banning of OTT services

New Delhi (IANS) The Telecom Regulatory Authority of India (TRAI) on Friday released a Consultation Paper on Regulatory Mechanism for Over-The-Top (OTT) Communication Services, and Selective Banning of OTT Services.

It said that the Department…

Flood of FPI flows into India continues

New Delhi (IANS) The flood of FPI flows into India continues with Rs 21,943 crore of inflows (including bulk deals) till 8th of this month, says V.K. Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

If this trend continues,…