Category: industry

Petrol, LPG and CNG vehicles of less than 1,200 cc and not more than 4,000 mm length and diesel vehicles of up to 1,500 cc and 4,000 mm length would move to the 18% rate from the current 28%

Moscow is not under any sanctions, the ONGC chairman emphasised

Entities must show substance in terms of having an office, an operating base, incurring expenses and real business activity, the Mauritian Minister underlined

EY India said that it expects Indian enterprises to diversify their investments and accelerate their expansion into Europe, the Middle East, Southeast Asia and Africa

Kpler data shows a notable decline in India’s Russian crude imports in July (1.8 million bpd versus 2.1 million bpd in June), aligning with seasonal refinery maintenance and weaker monsoon-driven demand.

The U.S. remains India’s largest export destination, commanding a 60.17% share, followed by the UAE (8.09%), China (3.88%), the Netherlands (2.68%), and Germany (2.09%)

Vedanta Ltd dismissed the report referring to it as a “malicious combination of selective misinformation and baseless allegations to discredit the Group.  

The report also noted that the growth in activity in June was led by manufacturers, although growth picked up pace in the service economy as well