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China Daily Asia - Business - News Image
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BusinessDec 16, 2025 12:16 PM

Rupee hits record low, pressured by outflows and NDF maturities

MUMBAI - The Indian rupee weakened to a record low for the fourth straight session on Tuesday, weighed down by dollar demand linked to likely maturity of positions in the non-deliverable forwards (NDF) market and continued foreign portfolio outflows. The currency fell to 90.8275, eclipsing its previous record low of 90.7875 hit a day earlier. The rupee has fallen 6 percent against the US dollar so far in 2025, making it one of the worst-performing emerging market currencies, as steep US tariff ...Read More >

China Daily Asia - Health - News Image
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HealthOct 17, 2025 09:30 AM

India to force drugmakers to upgrade plants after fatal cough syrup crisis

CHHINDWARA/NEW DELHI, India - India has refused drugmakers' requests to extend a year-end deadline for them to upgrade their manufacturing facilities to international standards, four sources said, amid public anger over the recent deaths of at least 24 children who consumed locally-produced cough syrup. New Delhi had in late 2023 ordered pharmaceutical companies to ensure their plants meet World Health Organization-recommended standards, which would require them to invest in protocols to preven ...Read More >

mint - Other Politics Business Technology - News Image
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OtherPoliticsBusinessTechnologyAug 14, 2025 02:51 PM

MG Windsor - India's best-selling EV for 10 months in a row | Registers highest-ever sales in July 2...

Gurugram : JSW MG Motor India today announced that India's best-selling EV, the MG Windsor, has achieved another remarkable milestone. In July, the company set a new record for Windsor sales, selling 4,308 units in a single month. The carmaker has sold nearly 36,000 units of the MG Windsor since its launch. The robust sales performance has helped the company expand its market share in the EV Segment. In Q2 CY'25, the company recorded a 4% increase in market share, rising to 32% from 28% in Q1 C ...Read More >

China Daily Asia - Business - News Image
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BusinessAug 14, 2025 02:51 PM

FedEx, UPS, DHL executives to face fresh scrutiny in India antitrust case

NEW DELHI - Top India executives of FedEx, UPS, Aramex and DHL are set to be cross-examined in coming weeks by a book publishers' group which accused them of price collusion, a new twist in an antitrust probe that cleared the courier companies of wrongdoing last year, a document shows. Allowing a complainant to interrogate companies is not common in Indian antitrust cases. It means the final findings of the antitrust investigation could change and create new challenges for the courier majors, a ...Read More >

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