Business Press releases

Latest Press Releases

"Government offers to procure farmers"

Jul 21, 2017

Minister of State for Agriculture & Farmers Welfare, S. S. Ahluwalia, in reply to a question in Lok Sabha on Tuesday, informed that the Government ensures Minimum Support Price (MSP) through procurement operations undertaken by the Central,...

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Pharma exports from India drop

Jul 20, 2017

Due to pricing pressure and stiff competition, the Pharma exports from India during April-May 2017 fell by 8.5 percent to USD 2.5 billion, said a report by Care Ratings. "The prime reasons for the weak exports were price erosion in the...

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Zero GST rate on textiles rejects

Jul 19, 2017

Union Finance Minister Arun Jaitley on Tuesday said the demand of textile traders to exempt fabrics under the Goods and Services Tax (GST) system cannot be met with as manufacturers will then not be able to claim credit of tax on previous...

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New compact SUV Nexon

Jul 18, 2017

Automobile major Tata Motors on Monday said that it will launch SUV Nexon during the upcoming festive season with two new engine options. According to the company, it has added two new engines - the 1.2L turbocharged petrol and the...

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Khadi to be exempted from GST

Jul 17, 2017

The Union Minister for Micro, Small and Medium Enterprises (MSMEs), Kalraj Mishra has said that the Finance Minister had assured him to exempt khadi products under the new tax regime of Goods and Services Tax (GST). Addressing a meeting...

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Steel consumption grows and exports up 66 pc

Jul 15, 2017

India's steel consumption grew by 4.6 percent to nearly 21 million tonne in the first quarter of the current fiscal over the same period in 2016 while the country's steel exports jumped by nearly 66 percent in the April-June period, a...

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Volvo India launches V90

Jul 14, 2017

Volvo Auto India on Wednesday launched the V90 Cross Country priced at Rs 60 lakh (ex-showroom, India). "The car is equipped with features that is unparalleled in the segment and, as part of the product strategy to provide...

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Better branding, style positioning can boost textile sector

Jul 13, 2017

Emphasising that India's textile industry has the potential to double its growth rate, textile giants on Saturday stressed on strategic branding and style positioning in the industry. On the second day of India's first-ever...

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