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Economy

General Motors to stop selling cars in India, but to keep manufacturing center

BEIJING: General Motors Co will stop selling cars in India from the end of this year, drawing a line under two decades of battling...

Tamil Nadu power sector to get Rs 1 lakh crore investment

Chennai: By 2023, Tamil Nadu will be the market leader in power sector and will attain the number one position, Tamil Nadu electricity minister...

Patanjali eyes Rs 1 lakh-crore turnover in next 5 years

Ahmedabad: Baba Ramdev-led home-grown FMCG major Patanjali Ayurved, which posted a turnover of Rs 10,561 crore in the last fiscal, is now looking at...

UP, Maharashtra, Gujarat account for bulk of real estate investment: Study

Lucknow: Uttar Pradesh, Maharashtra and Gujarataccount for over half of the total real estate and construction sector investments in the country as of December...

No plan to tax agricultural income; rich farmers very rare: Arun Jaitley

New Delhi: Finance Minister Arun Jaitley has said the government has no plans to tax agricultural income, including that of prosperous farmers, saying a...

India seen to become third-biggest solar market in 2017

NEW DELHI: India will become the third biggest solar market globally in 2017, says India Solar Handbook 2017 by Bridge to India, a consulting...

Modi govt. notifies new Banking Regulation Act

New Delhi: The Narendra Modi-led government on Friday notified the ordinance to amend the Banking Regulation Act, empowering the Reserve Bank of India (RBI)...

India to clock 7.1 % GDP this year, 7.5 % in 2018: UN report

UNITED NATIONS: India is expected to clock 7.1 per cent growth this year before edging up to 7.5 per cent in 2018, according to...

Rs 1.3 lakh cr in black money drained out of India in 2014: Global...

New Delhi: While the government continues to tighten the noose around black money hoarders across India, the latest report by the international watchdog Global...

Only 13 states notify rules for Real Estate Act

COIMBATORE: Despite continuous monitoring and follow up by the Union ministry of urban development and housing, only nine states (Andhra Pradesh, Bihar, Gujarat, Kerala,...