Believe that slowdown in the automobile sector in India is temporary: Kia Motors official
Kolkata, Aug 23 (IBNS): A senior official of South Korean auto major Kia Motors on Friday said he feels that the current slowdown in the automobile sector in India is a temporary phase and a revival from the current situation will take place soon.
Wholesale inflation in July falls to multi-year low figure of 1.08 percent
New Delhi, Aug 14 (IBNS): India's wholesale price-based inflation July dropped to a multi-year low of 1.08 per cent, as per government data released on Wednesday said.
India's factory output drops to touch 2 percent in June
New Delhi, Aug 9 (IBNS): India's factory output dropped to touch 2 percent in June, official government data released on Friday said.
Indian logistics company GoBOLT wins the SuperStartUps Asia Awards 2019
New Delhi, Aug 9 (IBNS):: GoBOLT, an Indian logistics startup, has been adjudged the Gold Winner for its innovation in IT and Indian logistics sector at the third edition of SuperStartUps Asia 2019, according to an announcement by the company.
Indian plumbers to acquire special skills under Project Pankh
Kolkata, Aug 7 (IBNS): Around 2000 plumbers across India will receive special training under Project Pankh, a collaboration between Utkarsh India Ltd (UIL) and the Indian Plumbing Skills Council (IPSC) operating under the aegis of National Skill Development Corporation (NSDC).
India and Italy set up Fast –Track Mechanism to facilitate investors and companies
New Delhi, Jul 16 (IBNS): In order to facilitate Italian companies and investors in India and Indian companies and investors in Italy, it has been decided to establish fast-track system for companies and investors of both the countries.
Exports down by 10 per cent in June
New Delhi, July 15 (UNI): Trade data for June showed that exports came down by 10 per cent at 25 billion dollars and imports also saw a drop of nine per cent.
India-US trade likely to touch $238 billion by 2025, says report
New Delhi, July 12 (UNI): Two-way trade between India and the United States is likely to grow to $238 billion by 2025 from the current $143 billion, said a report as officials of the two countries met to discuss their disagreements.
India looks to enter aircraft financing and leasing business
New Delhi, July 7 (IBNS): India is looking to enter the business of aircraft financing and leasing with finance minister Nirmala Sitharaman in her budget speech saying the time was ripe for the move.
Industry reaction to Union Budget 2019 : Mostly positive but some regrets as well
Kolkata, July 5 (IBNS): Although India's benchmark indices reacted negatively to the Union Budget 2019 presented on Friday by Union Finance minister, Nirmala Sitharaman, most industry leaders have welcomed it as a positive step towards long-term development.
How some of the industry leaders are looking the Union Budget 2019
Kolkata, July 5 (IBNS): The Union Budget 2019, presented by Finance Minister Nirmala Sitharaman has evoked a plethora of responses from the industry leaders.
Lenovo launches latest fitness wearable in India
Bangalore/Chennai, Jul 4 (IBNS): Global technology giant Lenovo has announced the launch of its latest fitness wearable in India, the Smart Band Cardio 2 HX06H, packing in all utility features at a palatable price tag of Rs. 1,499.
Country expects Union Budget to focus on reforms, says CEO and MD of Equitas Small Finance Bank
Kolkata, July 4 (IBNS): With a second term through a resounding mandate, the Indian finance industry expects the Modi government to focus the budget around reforms that will be critical to drive long term economic growth, according to PN Vasudevan, CEO and MD, Equitas Small Finance Bank.
Kolkata, July 4 (IBNS): One of the long outstanding demands of the agri warehousing industry has been the rationalization of indirect taxes, according to Sandeep Sabharwal, Group CEO, Sohan Lal Commodity Management Pvt Ltd.
Slowdown post IL&FS crisis warrants further stimulus say Angel Broking in its pre-budget review
Kolkata, July 4 (IBNS): Angel Broking Ltd, one of the well-known independent full-service retail broking houses in India, expects that given the recent slowdown in the economy, 'the final budget would contain further stimulus measures to boost the economy'.