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Hyundai Motor makes first-ever delivery of electric buses in Japan
Business

Hyundai Motor makes first-ever delivery of electric buses in Japan

Seoul, April 21: Hyundai Motor said on Monday it has delivered five electric buses to the transportation unit of Japan's Iwasaki Group, marking its first commercial electric bus delivery in the neighbouring country.The South Korean automaker held a delivery ceremony for the Elec City Town buses with...
Govt directs Google to remove Chinese app for showing wrong map of India
Business

Govt directs Google to remove Chinese app for showing wrong map of India

New Delhi, April 21: The Ministry of Electronics and Information Technology (MeitY), along with the Survey of India (SoI), has directed US tech giant Google to remove the Chinese chat app ‘Ablo’ from its Play Store, as the app is not correct in its depiction of India’s territorial borders.The...
HDFC Bank posts nearly 7% rise in net profit at Rs 17,616 crore in Q4
Business

HDFC Bank posts nearly 7% rise in net profit at Rs 17,616 crore in Q4

Mumbai, April 19: India’s largest private sector lender HDFC Bank on Saturday posted 6.7 per cent (year-on-year) rise in standalone net profit to Rs 17,616 crore in the fourth quarter pf FY25. On a sequential basis, net profit rose by 5.3 per cent.However, the bank reported a 9.4 per cent decline in...
FHRAI raises unfair practices, GST compliance concerns against Agoda
Business

FHRAI raises unfair practices, GST compliance concerns against Agoda

New Delhi, April 19: The Federation of Hotel and Restaurant Associations of India (FHRAI) on Saturday expressed serious concerns over unilateral changes made by global online travel agency Agoda to its commission structure and terms of engagement with Indian hospitality partners.The FHRAI, the apex...
Data Users’ Conference to boost evidence-based policy formulation, effective governance
Business

Data Users’ Conference to boost evidence-based policy formulation, effective...

New Delhi, April 19: In a bid to boost evidence-based policy formulation and effective governance, the government on Saturday announced to organise a "Data Users’ Conference" in collaboration with the Indira Gandhi Institute of Development Research (IGIDR) in Mumbai.In line with its continued...
India’s pharma exports surpass $30 billion in FY25, US top market
Business

India’s pharma exports surpass $30 billion in FY25, US top market

New Delhi, April 19: In a significant achievement, the pharmaceutical exports from India crossed $30 billion in the last financial year (FY25), with the US remaining as a key market with more than one-third of the country's pharma exports.According to official trade data, the pharmaceutical exports...
NCLAT dismisses Byjus settlement plea, upholds insolvency
Business

NCLAT dismisses Byju's settlement plea, upholds insolvency

Chennai, April 18: The National Company Law Appellate Tribunal (NCLAT) has set aside the appeals filed by the BCCI and Riju Raveendran, brother of Byju Raveendran, seeking withdrawal of insolvency proceedings against Byju's and to consider the settlement between the beleaguered edtech company and...
PM Modi holds talks with Elon Musk on closer India-US ties in technology, innovation
Business

PM Modi holds talks with Elon Musk on closer India-US ties in technology,...

New Delhi, April 18: Prime Minister Narendra Modi on Friday held a discussion with Tesla CEO Elon Musk on a range of topics, including the immense potential for collaboration in the areas of technology and innovation.“Spoke to Elon Musk and talked about various issues, including the topics we...
Fitch projects Indias GDP growth at 6.4% for FY26, retains 6.3% for FY27
Business

Fitch projects India's GDP growth at 6.4% for FY26, retains 6.3% for FY27

New Delhi, April 17: Fitch Ratings on Thursday projected India's GDP growth at 6.4 per cent for FY26 amid global uncertainties, while retaining the projections for the next financial year (FY27) unchanged at 6.3 per cent.For India, the global ratings agency reduced GDP growth estimates for...
India to become trusted bridge of global connectivity through IMEC: Piyush Goyal
Business

India to become trusted bridge of global connectivity through IMEC: Piyush Goyal

New Delhi, April 17: The country is poised to become a trusted bridge of global connectivity through India-Middle East-Europe Economic Corridor (IMEC), Union Minister of Commerce and Industry, Piyush Goyal, has said.Goyal said during an event here that the IMEC is a powerful endorsement of the...
India ranked 2nd globally in direct-to-consumer sector funding in 2024: Report
Business

India ranked 2nd globally in direct-to-consumer sector funding in 2024: Report

Bengaluru, April 16: India secured the second spot globally in terms of funding raised by the direct-to-consumer (D2C) sector in 2024, a new report said on Wednesday.The country ranks just behind the United States and ahead of China, the UK, and Italy, according to a Tracxn’s report.The report shows...
PM Modi, Trump share cordial ties, trade pact set to benefit India: Mark Mobius
Business

PM Modi, Trump share cordial ties, trade pact set to benefit India: Mark Mobius

New Delhi, April 16: As the debate intensifies over the future of the world trade order, ace global investor Mark Mobius on Wednesday said a free bilateral trade agreement with the US would surely benefit India, adding that Prime Minister Narendra Modi and US President Donald Trump do share a...
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