NEW DELHI: Cabin aggregators like Uber and Ola may not charge more than 1.5 times the base rate as an increase price during peak demand and less than 50% of the base rate during the non-peak period, according to a set of guidelines issued by the ministry of road transport …
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NEW DELHI: India economy contracted for the second consecutive quarter, but the rate of decline dropped dramatically in all three period of the month ending September like the agricultural sector it remained strong as manufacturing returned to the positive zone. However, critical services segments fell for the second consecutive quarter. …
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NEW DELHI: India and Pakistan, two of the largest nations in South Asia, began their economic trip about the same time after gaining independence. Not many know that there was a time in the 1960s when Pakistan’s GDP per capita used to be higher than India’s. However, over the years, …
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NEW DELHI: India gross domestic product (GDP) for the second quarter ended Sept. 30 shrank 7.5 percent, government data showed on Friday. However, this rate of contraction is considerably slower than the 23.9 percent drop in the previous quarter. Despite some green shoots being visible in the economy, India’s GDP …
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HYDERABAD: Pharmaceutical actor Hetero Labs has partnered with Russian sovereign wealth fund Russian Direct Investment Fund (RDIF) to manufacture more than 100 million doses of the Russian Covid-19 Sputnik V vaccine in India. The Sputnik V will be manufactured by Hetero’s biologics division, Hetero Biopharma, at Jadcherla in Hyderabad, with …
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NEW DELHI: veteran industrialist Ratan tata, who addressed Tata group and whose iconic hotel in Mumbai was one of the sites of the 11/26 terrorist attacks, wrote a heartfelt tribute Thursday saying that the rampant destruction that took place 12 years ago will never be forgotten. Tata posted his tributes …
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MUMBAI: The Indian economy has shown a stronger rebound in recovery momentum than expected, said Reserve Bank of India governor Shaktikanta das Thursday. Addressing the 4th Annual Day of the Foreign Exchange Traders Association of India (FEDAI), he cited a normalization of activity at various speeds in Q2FY21, after the …
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NEW DELHI: The government has extended the suspension of international flights until December 31, 2020. However, the Vande Bharat Mission and scheduled flights under the travel bubbles that India is creating with various countries such as the US, UK, Germany and France will continue and the eligible people according to …
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They are likely to be affected as the central unions began a nationwide strike on Thursday. A union representative said that Tamil Nadu and Kerala have been hit the hardest so far due to the unrest. Here are the key things to know: 1 10 central unions called a strike …
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NEW DELHI: Google On Wednesday, it clarified that users in India will not have to pay any fees for money transfers on its payment platform, and that the charges are for users in the US. Last week, Google announced that it will launch a redesigned Google Pay app next year …
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