Here are news related to Indian economy and business for Wednesday, February 22, 2023: The government of the northern Indian state of Uttar Pradesh has allocated Rs 1,306 crore (£130.5 million) for India's first regional rapid transit system (RRTS) coming up between Delhi-Ghaziabad-Meerut in its state budget for 2023-24 fiscal…
India's ruling Bharatiya Janata Party (BJP) on Wednesday (22) said the British Broadcasting Corporation (BBC) or any other organisation cannot hide their "economic offences" under the garb of freedom of expression. The broadcaster is under the Indian income-tax department's probe for alleged tax avoidance by underreporting income and these are…
As India's Adani Group faces a stock rout following allegations of fraud by US-based short-seller Hindenburg Research, retirement savings worth millions of dollars in Australia stand exposed, The Guardian reported. The group companies have been seeing a freefall in stock values after the Hindenburg report released in January alleged large-scale…
The recent deal made by Air India to acquire hundreds of aircraft from aviation giants Airbus and Boeing is not only a feat limited to the world of business and economy but beyond it. The order placed by the airline owned by India's Tata Sons involves 470 aeroplanes -- making…
Indian finance minister Nirmala Sitharman will take part in the G20 finance ministers and central bank governors (FMCBG) meeting in Bengaluru in the southern state of Karnataka on Friday (24) and Saturday (25). According to the official Twitter handle of the finance ministry -- @FinMinIndia, it was posted on the…
The Supreme Court of India on Wednesday (22) refused to stay the Election Commission of India's (ECI) order to allot the name 'Shiv Sena' and the 'bow and arrow' electoral symbol to the faction led by Maharashtra chief minister Eknath Shinde, saying, "We can't stay an order at this stage".…
British parliamentarians have reacted to the recent searches carried out at various offices of the BBC in India by its income-tax authorities saying they were "intimidation", the BBC reported. Last week, the broadcaster's premises in Delhi and Mumbai were targeted and some of their staff members were questioned all night.…
India's Bengaluru on Wednesday (22) remained witness to an embarrassment as former tennis player Bjorn Borg walked away from an event in the city where he was supposed to be felicitated as the topmost local politician arrived nearly two hours late. Basavaraj Bommai, the chief minister of the southern state…
Renowned Indian poet Javed Akhtar, who recently made headlines by remarking during his visit to Pakistan that the perpetrators of the 2008 terror attacks in Mumbai were roaming free, on Wednesday (22) told India's NDTV that his remarks were well-received by the audience in the host country. The 78-year-old was…
Mimi Chakraborty, a parliamentarian from India's Trinamool Congress (TMC), on Tuesday (21) slammed Emirates after discovering a hair in her in-flight meal and accused that despite mailing the airline representatives about it, she received no response or apology. She tweeted about her experience and after it went viral, Emirates responded…