A general view of Sterlite Industries copper plant, a unit of Vedanta Resources in Tamil Nadu, India. Reuters
India’s goods and services tax (GST) panel is unlikely to approve lowering the tax for the auto and allied components sector this week, as a study has warned of major revenue losses, two government officials said.
Indian automakers Tata Motors and Mahindra and Mahindra (M&M) said on Friday they would cut production at some plants in response to slowing demand that industry executives say has driven the sector into one of its worst downturns.
MUMBAI: India’s cricket selectors on Sunday named Rishabh Pant as their preferred wicketkeeper for all three formats for next month’s tour of West Indies with the future of long-serving glovesman Mahendra Singh Dhoni still shrouded in mystery. Dhoni, 38, has been the subject of intense speculation on his
The German government and Lufthansa, which has been hit hard by the coronavirus pandemic, have reached a preliminary deal on a 9 billion euro ($9.8 billion) bailout.
Bangladesh has joined the select group of countries that manufacture world-class, large-scale PPE by shipping 6.5m PPE gowns to US brand Hanes for ultimate delivery to FEMA.
MoU aims for enhanced collaboration to implement initiatives and projects in the field of innovation and future technologies in Sharjah and the Northern Emirates.
The amalgamation of 10 public sector banks into four has been working smoothly for the past two months without any heartburns as the employee benefit schemes have been extended to all the employees, said a top official of All India Bank Employees’ Association (AIBEA).