CATEGORIES

Hero rolls out 440cc Harley at ₹2.29 lakh

Hero MotoCorp on Monday stepped into India’s ballooning market for premium lifestyle motorcycles with the launch of Harley Davidson X440, a fully indigenized 440cc motorcycle it has co-created with the Milwaukee-based cult motorbike maker. The motorcycle comes at an aggressive starting price of ₹2.29 lakh ex-showroom, pricing that makes it a disruptive proposition given that it brings the cult brand within reach of the aspirational premium buyer. The motorcycle will be made at Hero MotoCorp’s Neemrana facility, with locally made motors, engines and chassis, with deliveries beginning during the festive season this year.

Go First may return to skies with CFM-powered A320s

Airline eyeing relaunch in July, but before that, it will be facing DGCA audit on 4-6 July

'Micron's India plant to start construction in 4-6 weeks'

Micron Technology, Inc.’s India plant is set to begin construction within four to six weeks, as the Gujarat government has allocated land for the semiconductor factory, said communications and IT minister Ashwini Vaishnaw on Monday.

Retail firms struggle to find quality real estate

Steep rentals, pick-up in pace of expansion by brands have squeezed supply

Indian refiners start payments for Russian oil imports in Chinese yuan

Indian refiners have begun paying for some oil imports from Russia in Chinese  yuan, persons with direct knowledge of the matter said, as Western sanctions force Moscow and its customers to find alternatives to the dollar for settling payments.

Saudi, Russia extend oil production cuts

Saudi Arabia will prolong its unilateral oil production cut by one month, keeping a lid on supply even as the market is expected to tighten. Its OPEC+ ally Russia also announced fresh curbs on exports.

Centre probes abrupt jump in imports of metallurgical coke

India has started a safeguard probe into sudden and sharp increase in the imports of metallurgical coke, used as fuel in steel and chemicals plants, following a complaint by domestic industries that the inbound shipments are impacting them.

Varanium Cap launches debut debt fund

Varanium Capital, an asset manager with investment across public markets, bonds and venture capital, has launched its maiden debt fund worth ₹250 crore ($30.5 million), Aparajit Bhandarkar, partner, said. The fund has a greenshoe option of about ₹50 crore.

More businesses to come under e-invoicing scheme from 1 Aug

More businesses will be brought under the e-invoicing scheme meant to track business-to-business sales from August and small businesses will be allowed to sell through e-commerce platforms without a Goods and Services Tax (GST) registration from October, said an official.

'India, EU can redo int'l economic order'

A successful trade relationship between India and the European Union holds the potential to significantly reshape the global economic order, but the two entities need to find common ground on various issues first, a report presented in the European Parliament said.

SCO leaders' meet starting today may see expansion push

The leaders’ summit of the Shanghai Cooperation Organization (SCO) takes places on Tuesday under the chairmanship of India, with a likely push for inducting Iran and possibly Belarus as new members.

Russia launches first drone strike on Kyiv in 12 days

After a relative lull, Russia launched a drone attack early on Sunday on Ukraine's capital, Kyiv, officials said. It was the first such attack of the war in 12 days.

CIA chief calls war in Ukraine 'corrosive' for Putin's regime

The invasion of Ukraine has had a \"corrosive effect\" on Russian society and President Vladimir Putin's regime, creating an \"opportunity\" for the US, said William Burns, director of the Central Intelligence Agency.

France sees fifth night of riots over police killing of teenager

Overall violence, however, appeared to lessen from previous nights following 'resolute action' by security forces

Master's degree in digital health on cards

The Indian government is set to launch a curriculum focused on digital health for medical professionals, aiming to bridge the gap between healthcare and technology. In a first, the National Health Authority (NHA) has proposed to introduce an M.Sc programme in digital health.

Govt may ban two vet drugs to save vultures

DTAB imposed a ban on the manufacturing, sale, and distribution of Ketoprofen and Aceclofenac

Ex-Care Ratings chief moves SAT

Mokashi has challenged order barring him from engaging with any Sebi-registered intermediaries for two years

June PV sales inch up; growth seen at moderate pace ahead

Passenger vehicle industry saw its best dispatches ever in the first half of the year

Settlement rules will help: CCI

Groundbreaking amendment could facilitate early market correction, cut litigation: chairperson Ravneet Kaur

PE/VC funds to help Awfis buy out Kapoor

Peak XV Partners (formerly known as Sequoia Capital India) and private equity firm Chrys-Capital are among venture capital, private equity firms and family offices set to jointly back a plan by Awfis Space Solutions Pvt. Ltd to buy the entire stake of disgraced banker Rana Kapoor in the New Delhi-based operator of co-working spaces, two people familiar with the development said.

Demand slowdown to weigh on IT services firms' Q1 show

Analysts forecast revenues of most companies to either stay flat or decline in Q1 of FY24

China is buying natural gas like there's still an energy crisis

China is on a natural gas shopping spree, and officials are happy for importers to keep striking deals even after a global energy crisis has eased.

Bad days ahead for base metals as supply races past demand

The supply growth is outstripping demand growth for most of the key base metals globally

FPI investments hit 10-mth high in June

Foreign portfolio investors (FPIs) have pumped ₹47,148 crore into Indian equities in June, making it the highest inflow in 10 months, enthused by the country's steadily improving macroeconomic fundamentals.

Taiwanese companies plan to shift production bases to India

Leading Taiwanese technology firms are looking at relocating their manufacturing bases to India to bring down their exposure to the Chinese market, top policymakers in the Taiwan government have said, amid the self-governed island's increasingly tense relations with China.

NHAI debt servicing liability likely to double in five years

The surge is primarily due to servicing of loans to construct highways under Bharatmala

Serum HPV vaccine Cervavac hits mkt; 2-3 mn doses this yr

Homegrown pharma major Serum Institute of India has launched its indigenous Human Papillomavirus (HPV) vaccine, Cervavac, across India.

Dry weather in some areas, downpour in others, prevent soybean sowing

Having been stopped by a delayed monsoon from sowing soybean crops, farmers in key soybean belts of Madhya Pradesh are now unable to cultivate crops due to excess rainfall.

'UAE trade deal one of the most utilized'

India's FTA utilization rate as per the ADB, has remained under 25%, among the lowest in Asia

Diabetes, anxiety drugs to cost less as price caps set in

Move soon after report Ion India's diabetes load; pain management drug prices capped too