The tech firm wrongfully used duty exemptions for items imported for use in mobile phone production, said India's Directorate of Revenue Intelligence
The long-running fight over imports of alcoholic beverages has progressively worsened since it began in the 1990s, the company said
The world's population will reach 8 billion people in November, but India and China are moving in opposite directions, a UN report said.
Covid curbs in Shanghai reignited worries of a wider economic disruption, while possible delisting risks of major Chinese firms from US exchanges dragged Hong Kong shares to a six-week low.
Blocking China-made equipment means higher costs and that's bad news for local telecom companies, says consultancy firm Com First in Delhi.
New RBI policy comes as rupee crashes to all-time lows against the US dollar, with analysts suggesting the move will help reduce pressure on forex reserves
The Indian automaker is also exploring a tie-up with Volkswagen to source EV components such as batteries and motors.
The controversial trade shows how Russia could continue to sell commodities abroad without settling in US dollars despite sanctions imposed over its invasion of Ukraine
Indian tax officials said Huawei India remitted 750 crore rupees, or around $95 million, to China despite a slump on income over two financial years
BII, the British government's development finance institution, will have a 4.8% ownership in the business, which will focus on four-wheel passenger EVs.
The Enforcement Directorate (ED) has claimed that smartphone maker Vivo's sales proceeds were transferred out of India to show losses
A senior Russian legislator said on Thursday that Moscow would take control of the Sakhalin-1 oil and gas project in which ExxonMobil and Japan's SODECO are also partners