JLR India hopeful of festive cheer, goes for product offensive

New Delhi (IANS) After witnessing a gradual recovery in sales, Jaguar Land Rover India is hopeful yet guarded about the festive season response.

In a conversation with IANS, the company's President and MD Rohit Suri said that a gradual…

Housing sales may jump 35% in Oct-Dec on festive demand

New Delhi (IANS) The coming festive season is likely to witness a surge in demand for residential properties and the housing sales may rise 35 per cent across the top seven cities during the October-December period on a quarter-on-quarter (QoQ) basis,…

India's Sep WPI rises on high food prices

New Delhi (IANS) High food, primary articles and manufactured goods' prices accelerated India's September wholesale inflation.

Consequently, the annual rate of inflation based on wholesale prices rose to 1.32 per cent in September from…

India's FY21 GDP outlook worsens, IMF sees 10.3% contraction

New Delhi (IANS) With the coronavirus pandemic still to be contained and the central government's stimulus measures having limited impact on economic activities and consumer demand, the outlook for the Indian economy for the current financial…

No consensus on GST compensation, willing states can approach Centre for borrowing

New Delhi (IANS) The GST Council's meeting on Monday, which was held exclusively to discuss the issue of borrowing in lieu of GST compensation, ended without any consensus.

Addressing the media after the meeting, Finance Minister Nirmala…

Sensex in green after opening on flat note

Mumbai (IANS) The Indian equity indices traded on a positive note after opening on a flat-to-negative note on Tuesday.

The indices were supported by buying activity in IT, FMCG and metal stocks, while selling in banking and oil and gas stocks…

Meeting customer expectations top challenge for Indian SMBs

New Delhi (IANS) The small and medium businesses (SMBs) in India find it challenging to bring innovative offerings to market, personalise customer engagements and keep up with demand when meeting customer expectations in the pandemic, a new report…

Razorpay joins unicorns' club with raising $100mn

Bengaluru (IANS) Full-stack financial solutions company Razorpay has raised $100 million in its Series D round of funding, making it another Indian unicorn with over $1 billion in valuation, joining the big startup-turned-unicorn league of BYJU's,…

Pandemic? Small-town India set to drive record festive sales

New Delhi (IANS) While the ongoing pandemic has left crores of Indians in deep financial trouble who are struggling to make ends meet, the aspirational Bharat -- riding on the pent-up demand and discretionary income -- is all set to embark on a record…

Bank credit offtake remained poor in Apr-Sep: RBI report

Mumbai (IANS) Although the banks remain flush with liquidity and interest rates lowered significantly, credit offtake from banks was very low and "anaemic" during the first half of the current financial year (2020-21).

The low credit offtake…