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    India Considers Sharp Import Tax Cuts On EVs After Tesla Lobbying: Report

    India is considering slashing import duties on electric cars to as low as 40%, two senior government officials told Reuters, days after Tesla Inc's appeals for a cut polarised the country's auto industry.

    Business
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    Pandemic driving innovative ways to run businesses

    The COVID-19 pandemic has prompted the discovery of new ways to do business to survive, said the President of the Brunei-China Friendship Association (BCFA) Dr Muhammad Firdaus.

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    Coronavirus likely to lock India's women out of job market for years

    Savitri Devi has been searching for work since she lost her job at a garment factory in New Delhi, along with half her co-workers, when sales plummeted at the start of.

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    New oil terminal gives Iran greater geopolitical power

    The $2 billion Jask terminal officially became operational by loading 300,000 barrels on an oil tanker last Thursday, with President Hassan Rouhani hailing it a "historic day" when Iran.

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    China mulls turning tutoring companies into non-profits

    China is considering asking companies that offer tutoring on the school curriculum to go non-profit, according to people familiar with the matter, as part of a sweeping set.

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    Zomato IPO catapults founder towards list of Indian billionaires

    A 66% stock jump on debut turned Zomato Ltd founder Deepinder Goyal into a poster boy for India’s fledgling startup scene, pushing his fortune close to the $1bn mark.

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    US says India "remains challenging place" to do business

    India "remains a challenging place" to do business, the US has said, urging it to foster an attractive and reliable investment climate by reducing barriers to investment

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    Global stocks on worst run in 18 months amid Covid-19 surge

    Investors moved away from risky assets on Monday as a rise in worldwide coronavirus cases crushed bond yields and left stocks facing losing streaks, with Wall Street falling more than 1%.

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    Ben & Jerry’s to stop sales in occupied Palestinian territories

    Ben & Jerry’s ice cream said Monday it was going to stop selling its ice cream in the Israeli-occupied West Bank and East Jerusalem, saying the sales are “inconsistent with our values”.

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    Iran opens oil terminal to bypass strategic Strait of Hormuz

    Iran has started loading crude from a new oil export terminal built just outside the Strait of Hormuz, a key waterway which accommodates a fifth of the global oil supply.

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    Carlos Ghosn, Mum on Tokyo Escape, Unleashes a Rambling Defense

    Nissan's fugitive ex-boss Carlos Ghosn made his first public appearance since being smuggled out of Japan , saying Wednesday he fled a “nightmare” that would not end and vowed to defend his name wherever he can get a fai

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    The Oil Crisis Saudi Arabia Can’t Solve

    Looking at the current volatility in the Persian/Arabian Gulf and the possibility of a temporary closure of the Strait of Hormuz, the Aramco CEO’s message might be a bit overoptimistic.

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    Iran starts limited production of its own Peugeot 301

    The Iran Khodro Company (IKCO) has officially inaugurated a production line for Peugeot 301 more than three years after the French owner of the car pulled out of a partnership with the Iranian.

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    IndiGo faces server issues; 63 flights delayed

    IndiGo passengers had a difficult time on Monday after a server glitch delayed 63 flights at the Bengaluru airport for more than half-an-hour.The reservation system, which conked out at 4.29 am, could be restored only.

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    US-Iran Standoff- Oil Prices Jump After 2 Tankers Attacked in Gulf

    Two oil tankers near the strategic Strait of Hormuz were reportedly attacked on Thursday, an assault that left one ablaze and adrift sending world oil prices soaring.

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    Iran May Shut Strait of Hormuz

    The US will end all waivers from Iran oil sanctions when they expire May 2, the White House announced Monday, a decision that drew an immediate threat from Iran to close the world's busiest oil transit choke point.

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    Kashmir Conflict Has Riyadh On Edge

    Just days after Saudi Arabia’s Crown Prince Mohammed bin Salman finished his charm-offensive Asian trip to Pakistan, India, and China, the ever-simmering tensions between Pakistan and India.

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    Trump moves to end special trade treatment for India

    US President Donald Trump said on Monday he intends to end India's preferential trade treatment under a program that allows USD 5.6 billion worth of Indian exports to enter the United States duty-free.

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    Pakistan shifts away from Indian goods import

    Recent events relating to trade and investment present numerous opportunities as well as challenges for Pakistan. The opportunities were provided by friendly countries in the form of financial.

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    Tax on angel investments haunts a majority of India’s startups, finds survey

    A startup becomes liable to pay angel tax when it receives an equity infusion in excess of its “fair valuation.” Tax authorities treat the premium paid by investors as income, taxable at about 31%.

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    India's unemployment rate hit 45-year high in 2017/18: report

    India's unemployment rate hits a 45-year-high of 6.1 per cent in 2017-18, as per the National Sample Survey Office's (NSSO's) periodic labour force survey (PLFS), Business Standard reported.

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    Iran finds ‘very light and sweet’ oil in Abadan for first time

    Iran has discovered a new oilfield containing unspecified reserves of “very light and sweet” crude in the southwestern Khuzestan province, Minister of Petroleum Bijan Zangeneh said on Wednesday.

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    India begins settling Iran oil debt after US sanctions

    Indian refiners have begun clearing their oil debt to Iran under a new payment mechanism which they put in place after the US reimposed sanctions on the Islamic Republic.

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    Indians are buying gold online, for one rupee

    Indians are buying gold for as little as one rupee (1 cent) as retailers offer online sales in bite-sized portions to prop up shrinking demand in the world's second-biggest consumer.

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