Samsung spars with India over $110 million production incentives
NEW DELHI: Samsung Electronics Co. is struggling to collect manufacturing incentives it considers it’s owed by India, highlighting the sometimes complicated nature of such government programs.The smar ...
IMF bailout: India to back Sri Lanka’s debt restructuring plan
NEW DELHI: India formally notified that it would support Sri Lanka’s debt restructuring plan, according to a person with knowledge of the matter, clearing a major hurdle for the bankrupt nation to unl ...
Oil dips, but hovers near 2023 highs on China demand optimism
SINGAPORE: Oil prices dipped in early Asian trade on Monday, but held close to the highest levels since the start of the year on optimism that China's reopening will lift fuel demand at the world's to ...
HDFC Bank Q3 profit rises 18.5% to Rs 12,260 crore
NEW DELHI: The country's largest private sector lender HDFC Bank on Saturday reported an 18.5 per cent increase in its standalone net profit at Rs 12,259.5 crore for the third quarter ended December 2 ...
Cryptos are gambling, their value only make-believe: RBI governor
MUMBAI: Reserve Bank governor Shaktikanta Das on Friday reiterated his call for an outright ban on cryptocurrencies, saying these are “nothing but gambling” and their perceived “value is nothing but m ...
Key takeaways from India, US December inflation data
NEW DELHI: Persistently rising inflation was a major concern for all economies alike last year. However, the first few days of the new year 2023 has brought some cheer as consumer prices are seen to b ...