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

Frequent investigations into Chinese enterprises not only disrupt their normal business activities [but also] damages goodwill of the enterprises, the Chinese embassy said

The RBI is bringing in several new measures to help increase its flow of foreign exchange as the Indian currency continues to struggle

The US-based company said some of New Delhi's removal orders fell short of the procedural requirements of India's Information Technology (IT) Act

The Vivo raids follow an Enforcement Directorate investigation into Xiaomi, another Chinese smartphone maker and one of India's leading brands