India may abandon proposed trade package with US

New Delhi (IANS) Withdrawal of special duty benefits by the United States has got the Indian government into a high level internal consultation process on the options it has, including abandoning the proposed trade package.

"We have been…

Jio propels Mukesh Ambani to 13th spot in Forbes' billionaire list

New Delhi (IANS) The phenomenal growth of Reliance Jio, backed by its ultra-cheap data plans that has transformed the telecom scenario in India, has helped Reliance Industries Chairman Mukesh Ambani move six places up to rank 13th in US magazine Forbes'…

Maruti Suzuki introduces new WagonR CNG model

New Delhi (IANS) Automobile major Maruti Suzuki India on Wednesday introduced the new WagonR S(Smart)-CNG with a starting price of Rs 4.84 lakh (ex-showroom Delhi).

"Maruti Suzuki WagonR S-CNG will be available in states with CNG infrastructure…

Equity indices open marginally lower

Mumbai (IANS) The key Indian equity indices opened on a negative note on Tuesday, with the Sensex trading marginally lower, in line the major Asian markets.

At 9.24 a.m., the BSE Sensex traded at 36,027.30, lower by 36.51 points or 0.10 per…

Trump announces plans to end $5.6 bn preferential trade programme for India

New York (IANS) US President Donald Trump has announced that he was ending India's $5.6 billion trade concessions under the Generalised System of Preferences (GSP) programme accusing New Delhi of not providing Washington "equitable…

US' GSP withdrawal won't hurt India, benefits minimal: Official

New Delhi (IANS) Downplaying the likely effects of the US withdrawal of benefits for Indian exports under the Generalised System of Preferences (GSP) programme, Commerce Secretary Anup Wadhawan on Tuesday said the decision will not have any major…

Corporate tax could be cut on better GST collections: FICCI

New Delhi (IANS) The government has assured to reduce corporate tax to 25 per cent from 30 per cent once the goods and services tax (GST) collections improve, said industrialists who met Finance Minister Arun Jaitley at North Block on Tuesday.

Serving, retired employees of public sector insurers to benefit from pension option

Chennai (IANS) Retired and serving employees of government-owned insurance companies are happy at the Centre's decision to offer another chance to opt for pension scheme.

"I am happy with the interest rates on bank deposits sliding…

Cheaper Chinese smartphones flood Pakistan, interior areas

New Delhi (IANS) Despite a below-average mobile penetration in Pakistan, cheaper Chinese smartphones have flooded the country -- especially its interior parts.

The initial video and photos of captured Indian Air Force (IAF)…

ICICI-Videocon loan case: ED questions Matix owner Nishant Kanodia

Mumbai, March 3 (IANS) The Enforcement Directorate here on Sunday interrogated Matix Group owner Nishant Kanodia in its ongoing investigation in an alleged loan scam involving ICICI Bank and the Videocon Group, an official said.

This was the…