As India does not have household income estimates, MPCE is used as a proxy for this. According to this report (NSSO survey 2011-12), the top 5% of households reported MPCE at £4,481 in rural and £10,281 in urban areas. If

REA India, part of the Australia-headquartered REA Group, which owns the digital platforms Housing.com, PropTiger.com and Makaan.Com, among others, has switched to a hybrid working model for its employees. The company’s move comes at a time when a variety of

NEW DELHI: ACC and Ambuja Cements shares were hot on Monday after Gautam Adani’s group struck a deal to acquire a controlling stake in Holcim Ltd’s operations in India for US$10.5 billion. ACC shares rose 3.70 per cent to Rs

NEW DELHI: The Unique Identification Authority of India (UIDAI) issued an advisory warning against giving photocopies of Aadhaar to organizations and pointed to the possibility of misuse. As an alternative, the notice recommended using “masked Aadhaar”, which only shows the

KOLKATA: Ambassador, once dubbed the “Wheels of India,” could hit Indian roads again in two years’ time – this time with a revamped design. A joint venture between Hind Motor Financial Corporation of India (HMFCI) and French automaker Peugeot is

NEW DELHI: The government said on Saturday it would develop a framework to control fake reviews posted on e-commerce sites to protect consumers’ interests. The Consumer Ministry along with the Advertising Standards Council of India (ASCI) held a virtual meeting

NEW DELHI: The CBI on Thursday arrested Avinash Bhosale, chairman of Pune-based property group ABIL Group, in an alleged corruption case involving Yes Bank founder Rana Kapoor and DHFL’s Kapil Vadhawan, officials said . The CBI suspects illegal funds were

LONDON: Shell is in talks with a consortium of energy companies in India to sell its stake in a major liquefied natural gas (LNG) facility in Russia, three sources told Reuters, underscoring India’s willingness to jump into the space Western

Last week Apple informed its customers in India that it will no longer store their card information and will no longer accept debit card and credit card payments for purchases or subscriptions on the App Store or other

The government on Tuesday scrapped tariffs and agricultural infrastructure development on imports of crude soybean oil and crude sunflower oil in a bid to curb rising cooking oil prices that are fueling food inflation. According to a statement from the