India's direct tax revenues have increased from Rs 5.59 lakh crore to Rs 20 lakh crore a year over the last 10 years while the tax-to-Gross Domestic Product (GDP) ratio has increased to 6 per cent from 5.6 per cent over this period, according to Revenue Secretary Sanjay Malhotra. ...
Driven by healthy demand outlook and quest for market share, cement makers in the country are projected to undertake capital expenditure (capex) worth Rs 1,25,000 crore over fiscals 2025-2027, a report showed on Thursday. ...
Kia, Tesla and two other carmakers will voluntarily recall more than 100,000 vehicles due to faulty components, the transport ministry here said on Wednesday. ...
Automotive companies in South Korea are pushing forward with their new electric vehicle launch schedules despite public concerns over EV safety, with key players actively campaigning to debunk unsubstantiated myths surrounding safe charging practices. ...
Prime Minister Narendra Modi on Wednesday congratulated RBI Governor Shaktikanta Das on being rated “A+” for the second time in a row in the ‘Global Finance Central Banker Report Cards 2024’. ...
Nearly eight in 10 (81 per cent) developers in India have experienced a perceived increase in code quality due to AI coding tools, a report showed on Wednesday. ...
India’s economy is projected to grow to $55 trillion by 2047 if the country is able to register an average real growth rate of 8 per cent in the coming years which is an ambitious but achievable target, IMF executive director Krishnamurthy V Subramanian has said. ...
India has signed an agreement for the export of green ammonia to Japan marking a significant step forward in the country’s journey to becoming a global leader in green energy in green hydrogen and ammonia production, the Ministry of New & Renewable Energy (MNRE) said. ...
The Indian stock market outperformed the world's richest investor Warren Buffett's company Berkshire Hathaway in terms of return in the last 25 years, an AMC company report said....
In a fillip to the government’s chip manufacturing vision, semiconductor company Suchi Semicon on Wednesday said it is set to inaugurate an assembly and testing (OSAT) plant in Gujarat by November this year with an investment of $100 million. ...
