According to government sources, the strong trend in direct tax and GST collections that is now in place is expected to continue, with the possibility of exceeding the Budget Estimate significantly in the fiscal year 2023–2024. These estimates, however, are based on preliminary assessments carried...

The terms of the grand alliance involving MG Motors India, the wholly owned subsidiary of the Chinese auto major that owns the British automaker Morris Garages, have been finalised after months of negotiations between JSW Group Chairman Sajjan Jindal and Shanghai-based SAIC Motor Corp,...

Prior to licensing regulations taking effect on November 1st, India's imports of IT hardware/equipment increased by as much as 50% in August from July. According to manufacturers and a top system integrator that purchases from distributors and producers and provides to businesses, companies advanced...

Indian space policy advocacy groups, industry associations, and private businesses claim that India's historic soft landing on the south pole of the moon on Wednesday will open up new business opportunities for the Indian Space Research Organisation (Isro) and other private participants in the...

The government is reportedly looking at other import products on which such limitations could be imposed, such as cameras, printers, hard discs, and parts of telephonic and telegraphic devices, after making a licence obligatory for the import of personal computers and laptops. According to them, there...

Dr. Reddy's Laboratories Ltd., an Indian pharmaceutical company, announced a roughly eleven-fold increase in fourth-quarter profit on Wednesday, driven by stronger sales in its core generic pharmaceuticals business in North America. The Hyderabad-based company's consolidated earnings increased from 875 million rupees a year earlier to...