India has proposed relaxing stringent fuel efficiency norms for small cars, according to a draft of the new rules made public late on Thursday, sending shares of small carmaker Maruti Suzuki to a reco... ...

The largest unit of Japan's Suzuki Motor has overtaken global heavyweights such as Ford Motor, General Motors and Volkswagen AG. The stock has rallied 25.5% since August, fuelled by improved investor sentiment following the announcement of indirect tax reforms by Prime Minister Narendra Modi on Independence Day.India's largest carmaker, which derives more than 60% of its sales volume from small cars, has been one of the biggest beneficiaries of the revamped AgenciesMaruti's valuation has surged past Ford ( ...

The first checkpoint is the actual cut in retail prices of various products from processed foods and hair oil to air-conditioners and small cars that will attract lower goods and services tax (GST) from Monday, they said."We will be watching out for the extent of pass-through of lower GST to prices, how inventory management takes place and how firms cope with stranded taxes, if any," said Aditi Nayar, chief economist at Gaura Sengupta, chief economist at "We will see how fast-moving consumer goods (FMCG) c ...