Japan's Rakuten aims to invest at least $100 million and increase its headcount by 8 per cent in India this year to strengthen its global operations, a top executive of the internet conglomerate told sources.
The finance ministry on Tuesday said that India has an opportunity to strengthen its position in international trade and manufacturing amid global uncertainties, but the private sector and policymakers should be cautious that these challenges do not lead to capital formation being put on hold.
The Karnataka High Court (HC) will ponder over it and take a call in the next few days as it stayed a Goods and Services Tax (GST) demand of over ₹50 crore against the donut outlet on Friday.
The Indian banking sector, with its healthy balance sheet, adequate liquidity and capital buffers, is poised to meet investment needs of the industry, Reserve Bank of India Governor Sanjay Malhotra said.
Auto-tech platform Cars24 has laid off around 200 employees from various departments, including product and technology
Overall passenger vehicle (PV) sales growth in India stood at 4.3 million units in 2024-25, which was just 2 per cent higher year-on-year, according to Society of Indian Automobile Manufacturers (SIAM) data.
US Treasury Secretary Scott Bessent has indicated that India is on track to become the first country to finalise a bilateral trade agreement aimed at avoiding President Donald Trump’s proposed reciprocal tariffs.
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