Economy

Germany’s Volkswagen Group is enhancing its presence in India with Euro1 billion investment to be made by 2020-2021.

The landmark reform of Goods & Services Tax (GST) was, in many ways, the final bullet shot to the Indian real estate sector in July 2017. The industry was already reeling under the immediate impact of Demonetization (DeMo) and the...

Labour-intensive Micro Small and Medium Enterprises (MSMEs) are either showing very modest growth or are into negative territory in their exports due to liquidity crunch, according to a senior industry official.

India has invited the Australian Superfunds to invest in various infrastructure projects such as industrial corridors, ports, smart cities, airports and railway projects in Sydney on 26 June 2018.

Prime Minister Narendra Modi has urged the Asian Infrastructure Investment Bank (AIIB) to raise its financing for projects in member countries to US$100 billion by 2025.

W-Locate, the Singapore-based Internet of Things (IoT) start-up, has selected Tata Communications to accelerate its international growth.

More than 120 million Indian consumers are expected to shop online, clocking annualized growth of 115% in 2018 as the e-commerce platforms, making it one of the most attractive investment sectors, according to ASSOCHAM-Resurgent joint study.

Innovation in manufacturing Research & Development is must to achieve 'New India', Dr H Purushotham, CMD, National Research Development Corporation (NRDC), has stressed.

Saudi Aramco and ADNOC have signed a Memorandum of Understanding (MoU) on 25 June 2018 to jointly build a US$44 billion integrated refinery and petrochemicals complex at Ratnagiri in Maharashtra, making it among the single largest investment in India.

In a first-of-its-kind collaboration, India and Israel have jointly launched ‘scalerator’, for nurturing their start-ups estimated to be worth US$25 billion by 2025.