New Delhi, Jun 4 (PTI) Maruti Suzuki India on Thursday launched India's first flex-fuel passenger vehicle, introducing a version of its Wagon R Flex Fuel capable of running on ethanol-petrol blends ranging from E20 to E100,

He is a good friend, Trump praises PM Modi, signals a US-India trade deal

By Ira Dugal MUMBAI, June 4 (Reuters) - India plans to scrap capital gains tax on foreign portfolio investments in government securities, which could help boost such inflows, a source familiar with the matter said on Thursday.

India’s government is weighing spending cuts across parts of the budget as higher oil prices inflate subsidy bills and threaten to derail its fiscal consolidation plans, according to officials familiar with the matter.

The Indian equity market is losing favour with global investors, as its domestic consumption story weakens and the country lags in AI.

India's push to tighten power grid discipline is colliding with its clean energy ambitions as tougher rules for solar and wind projects alarm investors, who warn the requirements could slash returns and impede investment ​needed for the energy transition.

With the monsoon steadily moving northward from Kerala, much of India's weather outlook is shifting from extreme heat to rain, thunderstorms and strong winds.

Shares of Super Micro Computer (NASDAQ:SMCI | SMCI Price Prediction) and Gorilla Technology Group (NASDAQ:GRRR) are both selling off hard in midday trading on Wednesday, June 3. SMCI stock is down 9% to $45.

Bank of America Corp. is hiring Anshul Gupta from Avendus Capital Pvt. to lead its investment banking unit in India, according to people familiar with the matter, as the US lender seeks to rebuild its dealmaking franchise in one of the world’s fastest-growing major economies.

India's Great Nicobar Island is home to one of the world's last isolated tribes who are believed to have lived there for thousands of years, but a rising China is set to see it undergo a major transformation at the Indian government's insistence.