Maruti Suzuki expands SUV lineup with new ‘Victoris’

Maruti Suzuki India on Wednesday expanded its product range in the country with the launch of all-new ‘Victoris’ as it looks to enhance its presence in the robustly growing mid-sized SUV segment. The country’s largest carmaker currently sells SUV models

GST Council approves two-tier tax structure; to be implemented from Sep 22

GST tax rates on common use items ranging from hair oil to corn flakes, TVs, and personal health and life insurance policies were slashed after the all-powerful GST Council approved a complete overhaul of the tangled goods and services tax

Sensex closes higher 410 pts in volatile trade

Benchmark equity indices Sensex and Nifty closed higher in a volatile session on Wednesday, driven by a rally in metal stocks and optimism related to the GST Council meeting. Photograph: Danish Siddiqui/Reuters After oscillating between highs and lows, the 30-share

‘Big Discovery In Deepwater Basin Need Of Hour’

‘Both initiatives are welcome moves and we would commit ourselves with focused attention aligned with the national priorities, and pursue our exploration initiatives.’ Photograph: Kind courtesy Oil India Ltd. The National Deepwater Mission will be a game changer for the

India hopeful of concluding trade pact with US by ‘Nov or so’: Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Tuesday expressed hope that India will conclude the proposed bilateral trade agreement (BTA) with the US by the fall or November this year. Photograph: Dado Ruvic/Reuters He said that “a little bit” of

Rupee trades near record lows against USD

Indian rupee slipping below the record 88 level against the US dollar will enhance price competitiveness of Indian products in global markets and help exporters diversify beyond the US market, say exporters. Photograph: Kind courtesy Rupixen/Pixabay However, import-dependent sectors such

Stock markets end lower amid profit-taking in banking, auto shares

Benchmark indices Sensex and Nifty reversed early gains to close lower on Tuesday dragged by last-hour profit-taking in banking and auto shares amid caution ahead of the GST Council meeting. Photograph: Shailesh Andrade/Reuters The 30-share BSE Sensex declined 206.61 points

Auto: Analysts’ thumbs-up for Maruti’s first e-SUV

Maruti Suzuki’s e-Vitara marks its high-stakes EV debut with strong export ambitions, lifting its stock even as analysts caution over pricing and fierce competition. IMAGE: The Maruti Suzuki e-Vitara. Photograph: Kind courtesy, Maruti Suzuki Maruti Suzuki India’s first all-electric sports utility

US tariff jolts UP’s export hubs; industry seeks govt bailout

Uttar Pradesh’s leading export hubs are reeling under the impact of a steep 50 per cent tariff imposed by the US on Indian imports, with exporters warning of job losses, stalled orders and shrinking market access. Photograph: Cathal McNaughton/Reuters Industry

Can UPI Stay Free Forever?

Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording all-time-high transaction volumes every year. Illustrations: Dominic Xavier/Rediff   India’s