"Where Facts Speak Louder."
MUMBAI: India is the most preferred market to invest in now in Asia, a survey of global fund managersby BofA Securities found. A large number of these fund managers believe that India would be the biggest beneficiary of the tariff-related realignments. India replaced Japan, which is now at the second spot among the most favoured…
MUMBAI: Tata Power plans to bid for two electricity distribution companies in Uttar Pradesh — Dakshinanchal Vidyut Vitran Nigam and Purvanchal Vidyut Vitran Nigam — once tender documents are released, said MD Praveer Sinha. This move supports Tata Power’s goal to grow its transmission and distribution (T&D) business, which brings in most of its revenue…
India is preparing for substantial procedural changes to facilitate the import of US apples, addressing concerns highlighted in the March 31 USTR report. (AI image) India-US trade deal: Both India and the United States are making significant headway in reducing bureaucratic obstacles affecting trade in various commodities between the two nations.Over the past two weeks,…
The State Bank of Pakistan announced that these funds will reflect in the country’s foreign exchange reserves. (AI image) Pakistan has obtained the second instalment of special drawing rights amounting to 760 million ($1,023 million) from the International Monetary Fund (IMF) through the extended fund facility programme. Another Victory! Indian Soldier Released By Pak After…
Jaguar Land Rover (JLR) is facing a slow down in its sales in the Indian market amid uncertainty over the India-UK free trade agreement (FTA). The automaker’s top executives met at Bombay House on Monday to discuss the developments, a day ahead of the company’s quarterly results, ET reported quoting sources.Despite the recent slowdown, JLR…
NEW DELHI: India’s trade relations with Turkey and Azerbaijan are facing new challenges after both countries voiced “support for Pakistan” and criticised New Delhi’s recent strikes on terror camps in Pakistan and Pakistan-occupied Kashmir. Their stance has sparked nationwide calls in India to boycott goods from Turkey and Azerbaijan and avoid traveling to these countries.Online…
Four Indian firms invested close to $6 million in Azerbaijan and Turkey as part of the country’s total outbound foreign direct investment (FDI) for April, according to the data released by Reserve Bank of India on Wednesday.These contributions represent a small portion of the overall $6.8 billion in proposed overseas investments by Indian companies that…
NEW DELHI: Tata Power on Wednesday reported a nearly 25% increase in consolidated net profit to Rs 1,306.09 crore for the March quarter of FY25, driven by strong performance across its key segments- generation, transmission, distribution, and renewables.The consolidated profit for the quarter ending March 31, 2024, stood at Rs 1,045.59 crore, as per regulatory…
Representative (Photo credit: ANI) NEW DELHI: Protests have erupted in several parts of the nation, as fruit traders begin boycotting Turkish goods, especially apples—after Turkey voiced support for Pakistan in its actions against India.Traders have strongly opposed Turkey’s stance, saying any country that supports Pakistan against India will face a boycott. “Turkey gave drones to…
NEW DELHI: MakeMyTrip on Wednesday said it reported a decline in travel demand to both Turkey and Azerbaijan, amid rising calls on social media to boycott the two nations. The platform revealed that bookings have plunged by 60% over the past week, while cancellations have soared by 250%. “Indian travellers have expressed strong sentiments over…
