As per the latest information on SBI website, the lending rates will now range between 8 per cent and 8.75 per cent. India’s largest lender … Read more
Business and Finance
Tesla in talks to set up factory in India for electric cars starting at Rs 20 lakh: Report
In addition to engaging with the government, Tesla has been holding meetings with industry executives in India. Tesla is actively discussing the potential establishment of … Read more
Government issues import restrictions on certain gold jewellery, articles
The Directorate General of Foreign Trade (DGFT) said that the import cap will not apply to imports made in accordance with the Free Trade Agreement … Read more
Kotak Mahindra Bank releases its annual report, here’s what Uday Kotak said
Uday Kotak emphasized the bank’s focus on digital transformation and technological innovation enabling them to provide seamless banking services to customers. Kotak Mahindra Bank has … Read more
RBI governor Shaktikanta Das asks states to improve expenditure quality
At a disaggregated level, a few large states have debt-to GSDP ratios exceeding 35 per cent, the report added. Flagging the need to enhance the … Read more
Softer commodity prices to lift road units’ margins: CRISIL SME Tracker
Liquidity conditions are also expected to improve, as measures under the Atmanirbhar Bharat scheme have been extended until March 2024, and payments by state authorities … Read more
Jaguar Land Rover wholesales rise 30% in Q1 as chip shortage eases
Retail sales up 29% YoY to 101,994 units; Tata Motors shares hit all-time high. British luxury car maker Jaguar Land Rover (JLR), a wholly owned … Read more
Centre may set mandates for industrial use of green hydrogen: Official.
India has set a goal of producing 5 million metric tonnes of green hydrogen annually by 2030, with about 70% of that marked for export … Read more
BMW i7 First Look: The ultimate high tech luxury EV?
The BMW i7 is loaded with tech and feels like an EV from the future. The newly launched BMW i7 is an all-electric EV that … Read more
Bank of England considers clampdown on foreign bank branches- FT
The move could reduce the thresholds requiring foreign banks with corporate business in the country to set up subsidiaries, the financial times. The Bank of … Read more