Tewolde Gebremariam has been appointed Air India’s chief executive and managing director as Tata Group seeks to restore reliability, profitability and growth discipline at the loss-making carrier. Air India has named former Ethiopian Airlines chief Tewolde Gebremariam as its next…
An inter-ministerial panel is set to examine replacing the Mines and Minerals (Development and Regulation) Act with a broader law designed to simplify rules, strengthen enforcement and bring greater uniformity to the sector. The government is weighing a major rewrite…
An inter-ministerial panel is being tasked with drafting a modern replacement for India’s principal mining law as the government seeks to simplify regulation and attract investment. India’s government is considering a sweeping rewrite of the Mines and Minerals (Development and…
HDFC Bank delivered the biggest profit, Axis Bank the fastest earnings growth and ICICI Bank the strongest core income and margin performance as asset quality improved across all three lenders. India’s three largest private-sector lenders delivered a mixed set of…
India spent $90.6bn on crude imports in April-September despite buying almost the same volume as a year earlier, as higher global prices and falling domestic production increased its exposure to external shocks. India’s crude oil import bill climbed sharply in…
Ottawa aims to conclude a landmark trade agreement with India by the end of the year while deepening ties with the EU to reduce its dependence on the US. Canada is moving to finalise a long-awaited trade agreement with India…
The carmaker will launch seven new models and five major updates by 2030, while developing India-built vehicles for more than 50 additional left-hand-drive markets. Stellantis is preparing a fresh push in India, with plans to invest an additional ₹4,000 crore…
India’s expanding working-age population could fuel prosperity, but weak job creation, unreliable recruitment and limited access to formal training threaten to turn its demographic dividend into a source of frustration. India’s young population is often described as a demographic dividend,…
The proposed corridor aims to develop 10,000 acres by 2028, attract more than ₹1 lakh crore in investment and create over 3 lakh jobs across the state. Madhya Pradesh is preparing a nearly 600km integrated industrial corridor linking Jabalpur, Bhopal…
The Commerce Ministry is urging exporters to use tariff preferences in trade deals with the UK, UAE, Australia and EFTA markets to expand overseas sales of emerging and traditional jewellery. India is seeking to widen overseas sales of lab-grown diamonds,…
Asset managers have suspended fresh investments in selected gold fund-of-funds ahead of Diwali, as surging gold ETF inflows raise concerns about import demand, dollar outflows and pressure on the rupee. India’s mutual fund houses have tightened curbs on gold investment…
India has begun implementing its new free-trade agreement with New Zealand, cutting duties on selected imports including sheep meat, kiwifruit, wine and manuka honey, subject to origin rules and quotas. India has begun putting its free-trade agreement with New Zealand…
