Tata Motors to hike car prices by up to Rs 25,000

Mumbai (IANS) Automobile major Tata Motors will increase prices of its passenger vehicles range by up to Rs 25,000 starting April 2019.

The company said in a statement on Saturday that the prices will be hiked due to rising…

Petrol prices rise, diesel remains unchanged

New Delhi (IANS) Petrol prices rose around 5 paise across the four metropolitan cities on Sunday while the cost of diesel remained unchanged, data on the Indian Oil Corp's website showed.

In the national capital, petrol was priced at Rs…

India's forex reserves up $3.60 bn to over $405.63 bn

Mumbai (IANS) India's foreign exchange (forex) reserves increased by $3.60 billion during the week ended March 15, official data showed on Friday.

According to the Reserve Bank of India's (RBI) weekly statistical supplement,…

Higher taxes for foreign investors from April 1

Mumbai (IANS) Changes in the SEBI listing and prevention of insider-trading regulations, revisions in the double-taxation avoidance agreements (DTAAs) with Mauritius and Singapore are set to come into effect from April 1.

The changes…

Sensex up 116 pts, Nifty above 11,550 mark

Mumbai (IANS) The Sensex and Nifty opened higher on Friday following firm Asian markets along with gains in the pivotal banking stocks.

Sentiments continued to be upbeat on Friday over sustained inflows of foreign funds which has supported…

BoB-Dena-Vijaya Bank to be injected with Rs 5K cr

New Delhi (IANS) The Bank of Baroda may get Rs 5,000 capital infusion from the Finance Ministry ahead of its united operations as a merged entity along with the Vijaya Bank and Dena Bank from April 1.

In February, the government approved Rs…

Government exceeds disinvestment target in FY19

New Delhi (IANS) Finance Minister Arun Jaitley on Friday said the government has achieved disinvestment of Rs 85,000 crore in the current fiscal, which is Rs 5,000 crore more than the set target for 2018-19, belying widespread expectations of…

Lenders to take over Jet Airways: Ministry sources

New Delhi (IANS) Lenders of cash-strapped Jet Airways are in the process of securing "substantial stake" in the ailing airline to try and revive it to a manageable state before selling it to new promoters, a senior Finance Ministry…

Government enters cockpit to curb air fare hike

New Delhi (IANS) The government on Wednesday said it was working with the airlines to increase capacity across sectors to keep a check on spiraling airfares.

"To ensure passenger convenience, stable operations, and affordable…

India is key focus area, 3D printers next big thing

Houston (IANS) India is a very attractive market with high brand recognition for a computer hardware producer like Hewlett Packard, said HP Inc's President for Asia Pacific and Japan, Tian Chong Ng.

The Asia Pacific region --…