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"Now, we do not know whether they are coming with the same proposal or bringing another proposal," the official said, requesting anonymity. However, the official added that "no duty cut" was being contemplated at present by the Heavy Industries Ministry, which recommends such proposals to its finance counterpart for consideration. Tesla in India: World’s Largest Electric Vehicle Manufacturer Approached Indian Government, Says Official.

(Bloomberg) -- U.S. stocks gained as investors weighed economic resilience against the threats of rising rates and the impact of the war in Ukraine. The S&P 500 advanced, clawing back Wednesday’s losses as all the 11 main industry groups rose. The tech-heavy Nasdaq 100 gained the most among major benchmarks, climbing 2.2%. Treasuries resumed their slide, with the 10-year benchmark yield rising as much as 10 basis points to 2.39%. Oil fell about 3% in New York, while Bitcoin climbed to a three-...

Expedia Group In the fourth quarter of 2020, Expedia's revenue fell 67 percent year-over-year to $920 million.