New Delhi: The Union Ministry of Finance, in a notification issued Wednesday, reverted to a 10 percent customs duty on imported lab chemicals, except industrial-grade ethanol, with a condition — …
Auto components industry body ACMA on Monday called for incentivising capex expenditure, increasing depreciation rates on plant and machinery and rationalising GST rates on EVs and its components, ahead of …
US electric carmaker Tesla is willing to invest up to $2 billion for setting up a local factory if the government approves a concessional duty of 15% on imported vehicles …
The World Bank is considering the possibility of providing loans in local currency in countries like India to help borrowers reduce costs, according to a senior official. Anshula Kant, the …
The Indian government is considering postponing the sale of its stake in Hindustan Zinc until the industry’s fortunes improve, according to two government sources. However, the government still aims to …
NEW DELHI: The Union government may postpone its plans to sell its stake in Hindustan Zinc until a turnaround in the industry’s fortunes, following advice from merchant bankers, two government …