Business Press releases

Latest Press Releases

Carberry launches V-twin motorcycle in India


Carberry Motorcycles has launched its first India made motorcycle, the Double Barrel 1000 at Rs 7.37 lakh (ex-factory). It is a customised Royal Enfield motorcycle that is powered by a 1,000cc engine. The motor has been developed by fusing two 500cc...

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Hyundai Motor Partners with FIFA U17 World Cup


Hyundai Motor India Ltd. (HMIL), the country’s second largest car manufacturer and the number one exporter since inception, announced as an exclusive right to provide transportation of FIFA officials through premium Hyundai cars during the FIFA...

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"Government offers to procure farmers"


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


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


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


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


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


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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