Mumbai, Covid triggered economic turbulence along with no relief on the tax front is expected to delay the consumption recovery, said India Ratings and Research (Ind-Ra).

Accordingly, the ratings agency said that with no relief in sight on the tax front, households are facing a double whammy.

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New Delhi,  Luxury automaker Lamborghini on Tuesday launched the Huracan EVO Rear-Wheel Drive Spyder sports car in India with a starting price of Rs 3.54 crore (ex-showroom).

The new V10 model can accelerate from 0-100 kmph in just 3.5 seconds with a top speed of 324 kmph, the company said.

New Delhi,  Hyundai Motor India's philanthropic arm, Hyundai Motor India Foundation (HMIF), on Tuesday handed over critical oxygen products to the Delhi government for further distribution to hospitals in the national capital.

HMIF handed over 40 high-flow nasal oxygen machines, 40 BiPaP machines and

New Delhi,  Clean energy company Convergence Energy Services has tied up with the Ladakh administration to make the Union Territory carbon neutral.

Under an MoU signed between the two, various clean energy and energy efficiency programmes will be implemented.

"Beginning with a pilot i

United Nations, The World Bank has forecast that the Indian economy would grow by 8.3 per cent during the current fiscal year, an increase of nearly 3 per cent from its January projection, but lower than the April estimate by almost 2 per cent.

The Bank's Global Economic Prospects Report released on Tuesd

Washington, European businesses have seen higher margin in China than globally and are increasing investment in the country following its quick recovery from the Covid-19 pandemic last year, according to a report.

The proportion of European companies planning to expand China operations in 2021 jumped to nearl

Thiruvananthapuram, Starting midnight Wednesday fishing trawlers will have to keep off 12 nautical miles away from the Kerala coast as the 52-day-long trawling ban will come into effect.

This has been the case since 1988, when trawling ban was first enforced.

The ban is, however, not applicable

Mumbai, Healthy buying in banking stocks as well as positive global cues powered the rise of India's key equities indices during afternoon trade session on Wednesday.

Accordingly, India's benchmark indices had a gap-up opening and continued to maintain their gains.

In terms of sector sp

New Delhi,  Infosys Chairman Nandan Nilekani responding to Finance Minister Nirmala Sitharamans public comments on glitches on the new Income Tax filing portal said Infosys regrets the glitches.

"The new e-filing portal will ease the filing process and enhance end user experience @nsitharamanji, we

New Delhi/Hong Kong,  In the results of Institutional Investor magazines 2021 All-Asia Research Team annual survey announced today, Morgan Stanley Asia Research teams ranked No.1 for the seventh consecutive year.

It is the first company in the 28-year history of the Asia survey to achieve the top positio