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RBI slashes repo rate by 50 bps to 5.50% in policy push to aid growth

The committee, comprising Dr. Nagesh Kumar, Saugata Bhattacharya, Prof. Ram Singh, Dr. Poonam Gupta, and Dr. Rajiv Ranjan, voted in favour of the rate...

Chennai Metro Rail signs €135 million pact with Alstom for 32 metro trainsets

The agreement covers the supply of 32 trainsets, each comprising three cars, along with a 15-year comprehensive maintenance package. According to a statement, the metro...

Maruti Suzuki ships over half a million vehicles via Railways in FY25

This figure represents nearly one-fourth of Maruti Suzuki’s total vehicle despatches during the year. By leveraging railways, the company successfully avoided over 1.8 lakh...

Home-buyers are getting younger…

HOWEVER, ALL OF his plans came to nought when lock-down was announced in the week he was to take charge. His entire attention shifted...

Turbocharging GCCs

GCCs are not a new phenomenon for India or Tamil Nadu. They have been around for more than 30 years and evolved. In fact,...

IE, the voice of development is back!

INDUSTRIAL ECONOMIST (IE) is the product of two Ps - Patience and Perseverance - assiduously practised by its founder late S. Viswanathan. For over...

India cancels cargo trans-shipment facility for Bangladesh

The rescission takes immediate effect. However, cargo that has already entered the Indian territory under the provisions of the rescinded circular may continue its exit...

RBI cuts repo rate by 25 basis points

The decision was made during the first Monetary Policy Committee (MPC) meeting of the financial year 2025-26, held from April 7-9.  In a parallel move...

ebm-papst to set up a new plant near Chennai at Rs.340 cr.

The new plant is coming up near Chennai, Tamil Nadu. The new greenfield project is expected to involve an initial investment of outlay of  Rs....

Renault to buy out Nissan in Indian JV

"Renault Group would own 100% of Renault Nissan Automotive India Private Ltd. (RNAIPL)  by acquiring the 51% shareholding currently held by Nissan," a release...

98.21% of ₹ 2000 notes returns, says RBI

The Reserve Bank of India (RBI) has said that 98.21% of the ₹2000 banknotes in circulation as on May 19, 2023 has been returned. The...

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RBI slashes repo rate by 50 bps to 5.50% in policy push to aid growth

The committee, comprising Dr. Nagesh Kumar, Saugata Bhattacharya, Prof....

Chennai Metro Rail signs €135 million pact with Alstom for 32 metro trainsets

The agreement covers the supply of 32 trainsets, each...

Maruti Suzuki ships over half a million vehicles via Railways in FY25

This figure represents nearly one-fourth of Maruti Suzuki’s total...

Sudarshan Venu to be CMD of TVS Motor

Currently, Sudarshan Venu holds the position of managing director...

3 sign MoU to promote women’s empowerment

The Memorandum of Understanding(MoU) was signed on 4 June...