The industry size of airbags, a key safety feature in vehicles, is expected to grow to up to Rs 7,000 crore (£703 million) by FY2027 in India, from the current levels of around Rs 2,500 crore (£251 million), according to ratings agency Icra. The growth in the airbag industry, which…
Here are news in brief related to Indian economy & business for Tuesday, December 27, 2022: The Indian government is considering a $2 billion-incentive programme for the green hydrogen industry, Reuters reported citing three sources, in a bid to slash emissions and become a major export player in the field.…
Indian finance minister Nirmala Sitharaman, who was admitted to Delhi's premier All India Institute of Medical Sciences (AIIMS) on Monday (26) with symptoms of viral fever, is reportedly recovering well and is likely to be discharged on Wednesday (28), government sources said. Sitharaman's recovery is "on track", an informed source…
In a car accident, Prahlad Modi, the younger brother of Indian prime minister Narendra Modi, was injured in a car accident near Mysuru in the southern Indian state of Karnataka on Tuesday (27) afternoon. The 69-year-old Modi was travelling with his wife, son, daughter-in-law, and grandson to Bandipur in the…
England's preparations to defend their men's ODI world title next year will include a three-match series in Bangladesh in March, the England and Wales Cricket Board announced on Tuesday. Jos Buttler's side, who added the world T20 crown this year to the ODI title they won in 2019, will also…
The Vacation Bench of Bombay High Court on Tuesday (27) refused any interim relief to the former managing director and chief executive officer of ICICI Bank, Chanda Kochhar, and her husband Deepak Kochhar in connection with their arrest in the ICICI Bank-Videocon loan fraud case. The bench asked the petitioners…
British police investigating clashes between groups of men on the streets of the eastern England city of Leicester following an India-Pakistan cricket match earlier this year have made 12 more arrests over the course of December. Leicestershire Police said in an update this week that its investigating team is working…
UK home secretary Suella Braverman, who is currently serving her second stint under the second prime minister, is set to make it harder for foreign students to bring their spouses to the country in the wake of concerns over a growing number of "dependent visas" handed out in the past…
In a shocking revelation, it has been learnt that several American citizens, most of whom are elderly, have lost more than $10 billion (£8.29 billion) to phishing gangs and fraudsters from India in 2022. According to the Times of India, a majority of the victims were duped of over $3…
Temperatures were expected to moderate across the eastern and midwest United States on Tuesday (27), after days of freezing weather from "the blizzard of the century" left at least 49 dead and caused Christmas travel chaos. Blizzard conditions persisted in parts of the northeastern US, the stubborn remnants of a…