The second largest motorcycle maker of India, Bajaj Auto reported marginal 1% on-year drop in its net profit for January-March quarter of 2012-13 at Rs 7.66 billion as demand for two-wheeler...

In a move to protect savings of poor and middle classes from inflation and incentivize household sector to save in financial instruments rather than buy gold, India\'s Ministry of Finance on...

India's private sector lender IndusInd Bank, a Hinduja Group owned bank, reported 38% on-year rise in its net profit for the fourth quarter at Rs 3.07 billion crore, helped by robust interest...

It seems the much hyped highly potential Indian middle-class market for cars was just a roughly calculated projection based on so many rosy assumptions. At the latest data released by the Society...

The HSBC services Purchasing Managers\' Index released on Wednesday showed that service sector growth eased in February to its slowest in last six months. The index, based on a survey of...

Market is positively expecting policy rate cut from India's central bank, which already hinted some move in that direction to boost economic growth, but wholesale price index (WPI) released on...

Despite headline inflation at 6.84%, with food inflation in double digit, the Reserve Bank of India (RBI) preferred to go with the market expectations and cut the policy repo rate under the...

The Budget 2013-14 might have failed to give a booster dose for India\'s struggling auto industry, but the country\'s largest car maker Maruti Suzuki India Ltd (MSIL) somehow managed to...

India's Finance Minister P Chidambaram presenting the Union Budget for FY14 in the Parliament today underlined the need for increasing the Tax GDP ratio. With an aim to achieve the 2007-08 high of...

Taking a defensive stance in rough pitch, Chidambaram said that there is little room to give away tax revenues or raise tax rates in a constrained economy. "I am afraid" he said adding that there...

In a comfort to India's central bank, the country's headline inflation, based on wholesale price index (WPI), eased marginally in January as the latest data showed that inflation surged 6.62% on...

India\'s Central Statistics Office projection of less than 5% GDP growth for 2012-13 might have some substance, as industrial production continues to be in decimals. Latest index of...

Bharat Forge Ltd reported 53.9% on-year drop in profit after tax for the Oct-Dec quarter of fiscal 2012-13 at Rs 475 million, as revenue fell 28.5% on-year to Rs 6.73 billion hit by 33.1% drop in...