642 cars import quota from UK approved by India
Our Bureau New Delhi India has approved the import of 642 passenger cars from the United Kingdom under the tariff-rate quota provisions of the India-UK…
BUSINESS
India’s Goods Trade Deficit in August narrows with decline in Gold Imports
Our Bureau Mumbai India’s merchandise trade deficit narrowed to $26.86 billion in August, as a sharp decline in gold imports offset a marginal month-on-month fall…
India’s Wholesale Inflation Rises to 9.92% in August
Our Bureau Mumbai India’s wholesale price-based inflation rose to 9.92% in August 2026, up from 9.78% in July, as higher fuel, food and manufactured-product prices…
Dilma Rousseff welcomes creation of Global South Institute
“An important and necessary initiative for Brazil”: BRICS Bank President Dilma Rousseff, President of the New Development Bank (NDB), enthusiastically welcomed the presentation of the…
India Rises to Fourth-Largest Forex Reserve Holder
Our Bureau Mumbai India has overtaken Russia to become the world’s fourth-largest holder of foreign exchange reserves after its reserves recorded a historic weekly increase…
IMF gives a thumbs up to India’s statistical framework overhaul
Our Bureau New Delhi The International Monetary Fund (IMF) has welcomed India’s efforts to modernise its statistical framework, saying the introduction of updated economic indicators…
Qualcomm launches all-in-one payment device for smaller Indian shops
Our Bureau Bengaluru Qualcomm has launched an affordable all-in-one payment device in India that combines a point-of-sale (POS) terminal, dynamic QR payments and a payment…
Indian Brands Eye Budget Smartphones as Chinese Rivals Move Upmarket
Our Bureau Mumbai Indian smartphone manufacturers are looking to strengthen their presence in the sub-₹20,000 segment as Chinese smartphone companies increasingly shift their focus towards…
Samsung India asks 80–100 executives to leave amid rising costs
Our Bureau Gurgaon Samsung India has asked around 80–100 executives to leave the company, primarily across its television and home-appliance businesses, as rising component costs,…
Alternative Fuels Overtake Petrol as India Records Biggest-Ever August Auto Sales
Our Bureau New Delhi India’s passenger vehicle market witnessed a historic shift in August 2026, with alternative-fuel vehicles overtaking petrol-powered cars for the first time,…