Reporter News - IBJ Bureau
BAT looks to sell stake worth Rs 776 million in ITC Hotels...
- Dec 05, 2025
British American Tobacco (BAT) plans to offload its stake worth about $776 million in ITC Hotels, the company has, as it looks to reduce debt and...
China permits first batch of large companies to export rare...
- Dec 03, 2025
China has issued the first batch of new rare earth export licences that should accelerate shipments to certain customers. This development fulfils a...
Q2 CAD rises sequentially to 1.3% of GDP as US tariffs, FPI...
- Dec 02, 2025
Worries on the current account front seem to have returned after a phase of comfort. India’s Current Account Deficit (CAD) moderated to 1.3 per...
PNGRB panel urges government to reform gas market, free...
- Dec 01, 2025
A high-level expert committee set up by the Petroleum and Natural Gas Regulatory Board (PNGRB) has called for sweeping structural reforms to create a...
Chinese central bank vows crackdown on stable-coins as...
- Nov 30, 2025
China’s central bank has reaffirmed its tough stance on virtual currencies, warning of resurgence in speculation and vowing to crack down on...
Q2 FY26 GDP surges by 8.2% on rural demand, farm output,...
- Nov 29, 2025
The economy delivered a surprisingly-strong performance in the July-September quarter, with GDP rising 8.2 per cent year-on-year. The growth saw a...
CBDT launches NUDGE 2.0 to boost tax compliance on foreign...
- Nov 28, 2025
Intensifying its efforts to curb tax evasion, the Central Board of Direct Taxes (CBDT) has launched the second phase of its NUDGE initiative to...
Reliance JV to set up $11-billion 1-gw data centre in...
- Nov 27, 2025
A Reliance Industries (RIL) joint venture (JV) will invest $11 billion (about Rs 98,000 crore) over five years to develop 1-gw of AI data capacity in...
HP may slash 6,000 jobs globally as it hastens adoption of...
- Nov 26, 2025
HP has said that it expects to cut between 4,000 and 6,000 jobs globally by financial year 2028 as a part of a plan to streamline operations and...
Top executives of power companies review progress of India...
- Nov 26, 2025
The Union Ministry of Power had convened a meeting of the India Energy Stack (IES) Taskforce recently to accelerate the development of the nation’s...
US appeals court upholds $194 million in damages against...
- Nov 24, 2025
Tata Consultancy Services (TCS) has informed stock exchanges that it has received an adverse ruling from a US appeals court. The court has upheld...
Amid bitter row, COP30 ends without any timeframe to stop...
- Nov 23, 2025
The UN climate summit COP30 in Belem, Brazil, has ended with a deal that contains no direct reference to fossil fuels that are heating up the planet...
Four labour codes come into force, minimum wages fixed,...
- Nov 22, 2025
The Central government has announced implementation of four new labour codes, aimed at simplifying and streamlining the existing, decades-old labour...
With 1 billion subscriptions, India set to be the world’s...
- Nov 21, 2025
India is on track to becoming one of the world’s largest 5G markets, with Ericsson’s Mobility Report 2025 projecting that the country will cross...
Saudi, US talk billion-dollar deals amid Prince Salman’s...
- Nov 20, 2025
Saudi Arabia and the US have touted billions of dollars in new investments and growing financial ties between the two countries, coinciding with...
Supreme Court recalls verdict barring retrospective green...
- Nov 19, 2025
A split Supreme Court has recalled one of its own judgments by 2:1 majority that had allowed post-facto environmental clearance to...
Oil companies seal first major LPG import deal with US, to...
- Nov 18, 2025
In a significant development, government-controlled oil marketing companies (OMCs) will import around 2.2 mtpa of liquefied petroleum gas (LPG) from...
NMDC celebrates over six-and-a-half decades of excellence...
- Nov 18, 2025
NMDC, India’s largest iron ore producer, entered 68 years of operations and celebrated its foundation day on November 15 with great pride. The...
NTPC targets 30 gw of nuclear power generation by 2047,...
- Nov 17, 2025
NTPC plans to set up nuclear power projects with 700, 1,000 and 1,600 mw capacities across various locations in the country, according to a senior...
Arattai’s major encryption upgrade set to push it further...
- Nov 16, 2025
Arattai, the homegrown messaging platform from Zoho, is set for a major upgrade that will bring end-to-end encryption across its entire ecosystem....
With rules in place, Digital Personal Data Protection Act...
- Nov 15, 2025
The government has formally issued rules under the Digital Personal Data Protection (DPDP) Act. This marks the operational rollout of the country’s...
Longest US govt shutdown ends after President Trump signs...
- Nov 14, 2025
President Donald Trump has signed a spending bill to reopen the government and end the longest shutdown in US history.He signed the short-term budget...
Government unveils Rs 25,060-crore mission to boost...
- Nov 13, 2025
The government has approved an export promotion mission with an outlay of Rs 25,060 crore for six financial years, beginning from this financial...
Tata Power putting Rs 1,572 cr in SPV to set up 1,125-mw...
- Nov 12, 2025
Tata Power will be investing Rs 1,572 crore for acquiring a 40 per cent equity stake in a special purpose vehicle (SPV) that will set up 1,125-mw...
Jobless rate dips marginally to 5.2% in Q2, urban...
- Nov 11, 2025
Unemployment rate in the country fell to 5.2 per cent in the July-September quarter from 5.4 per cent in the previous three months. The drop was...
Government permits 15 lakh tonnes of sugar exports, scraps...
- Nov 10, 2025
The Centre has decided to allow export of 15 lakh tonnes of sugar for the 2025-26 sugar season that started from October, according to Food Minister...
SEBI cautions investors about dealing in unregulated e-gold...
- Nov 09, 2025
The Securities and Exchange Board of India (SEBI) has issued a public statement, cautioning investors against dealing in digital gold or e-gold...
Power cost shoots up as transmission capacity lags behind a...
- Nov 08, 2025
India’s rapid addition of renewable energy capacity is straining grid operations, while contributing to rising cost of power supply due to mismatch...
TVS Motor to offload stake in Rapido to Accel, MIH for Rs...
- Nov 07, 2025
TVS Motor Company has announced that it has entered into agreements to divest its stake in bike-taxi aggregator Rapido for Rs 287.93 crore. The two-...
FATF lauds ED’s efforts in busting money laundering...
- Nov 06, 2025
The Financial Action Task Force (FATF) has praised the Enforcement Directorate (ED) for its diligent and efficient handling of money laundering cases...
Gopichand Hinduja – the man who oversaw Hinduja Group’s...
- Nov 05, 2025
Gopichand P Hinduja, the chairman of the Hinduja Group and one of Britain’s most influential businessmen, passed away in London at the age of 85. A...
Hindujas line up Rs 20,000 crore across green energy,...
- Nov 04, 2025
The Hinduja Group has signed an MoU with the Andhra Pradesh government, committing to invest Rs 20,000 crore in a phased manner. The agreement was...
Steel companies ask government to unveil more measures to...
- Nov 03, 2025
Steel-makers have urged the government for more measures to check rising imports from select group of countries, including China, which has produced...
Rs 2,000 banknotes worth Rs 5,817 crore still in...
- Nov 02, 2025
High-value Rs 2,000 notes worth Rs 5,817 crore are still in circulation, according to the Reserve Bank of India’s (RBI data.The RBI had announced...
Ford set to revive its Chennai plant, invest Rs 3,250 crore...
- Nov 01, 2025
American automaker Ford has said that it will invest Rs 3,250 crore in its Chennai plant to produce new-generation engines.The automaker, which had...
US slashes tariffs on Chinese imports to 47% after a...
- Oct 31, 2025
US President Donald Trump has agreed with President Xi Jinping to trim tariffs on China in exchange for Beijing cracking down on the illicit fentanyl...
Government sets up panel to review rates of tax refunds...
- Oct 30, 2025
The government has constituted a committee to review the rates of tax refund under the export schemes – Remission of Duties and Taxes on Exported...
REC and SMFCL team up to boost maritime infrastructure...
- Oct 30, 2025
REC and Sagarmala Finance Corporation (SMFCL), have signed a Memorandum of Understanding (MoU) at the India Maritime Week 2025 in Mumbai.The MoU has...
Tata Trusts row set to intensify with Mehli Mistry failing...
- Oct 29, 2025
Mehli Mistry is set to exit the Tata Trusts after a majority of trustees voted against extending his term on the boards of the Sir Dorabji Tata Trust...
Vodafone Idea gets Supreme Court relief in additional ADR...
- Oct 28, 2025
The Supreme Court has allowed the Centre to examine Vodafone Idea’s plea, seeking to quash additional adjusted gross revenue (AGR) demands raised...
Homebuyers’ association urges government to amend RERA...
- Oct 27, 2025
Homebuyers’ body Forum For People’s Collective Efforts (FPCE) has demanded that Real Estate (Regulation and Development) Act (RERA), 2016, should...
Office rentals in Bengaluru, Delhi-NCR and Mumbai expand by...
- Oct 26, 2025
India’s three major office markets – Bengaluru, Delhi-NCR and Mumbai – have seen an average 4.3 per cent annual growth in rentals of prime...
In IPO boom, SEBI’s ban on pre-offer placements...
- Oct 25, 2025
The SEBI has told mutual fund managers that they cannot invest in companies before they list.Certain mutual funds had sought clarifications from the...
India’s Russian oil imports set for a big plunge after US...
- Oct 24, 2025
Refiners in India – particularly Reliance Industries (RIL) – are set to reduce imports of Russian oil sharply after the Donald Trump...
Government scales up scrutiny in edible oil sector with...
- Oct 23, 2025
The government has said that it will launch inspection drives to verify compliance with new edible oil regulations.The regulatory tightening is...
REC clocks 19% jump in net profit at Rs 8,877 crore in H1...
- Oct 23, 2025
Board of directors of REC have approved the limited reviewed standalone and consolidated financial results for the period ended September 30, 2025.On...
Exporters from India, ASEAN may be hit by US transshipment...
- Oct 22, 2025
A 40 per cent transshipment tariff by the US will create major compliance issues for companies in India and the ASEAN region, with high risks for...
Changing global economic conditions posing challenges to...
- Oct 21, 2025
Flux in the global economy presents considerable challenges to the global macroeconomic outlook, and the Indian economy is not immune, the central...
NTPC’s subsidiary NGEL’s arm starts operation of 38-mw...
- Oct 20, 2025
State-owned NTPC has begun commercial operation of a 38-mw solar power capacity of its step-down subsidiary in Gujarat.The new unit is a part of the...
ENBD to snap up 60% in RBL Bank for Rs 26,853 cr in largest...
- Oct 19, 2025
Emirates NBD (ENBD) will buy a 60 per cent stake in private lender RBL Bank for Rs 26,853 crore. This is the largest cross-border acquisition in the...
Banks can tap the M&A funding boom only by honing their...
- Oct 18, 2025
In a significant step, the Reserve Bank of India (RBI) has permitted Indian banks to finance mergers and acquisitions (M&A) within the country....
Ola Electric drives into BESS market with launch of...
- Oct 17, 2025
Bhavish Aggarwal-led Ola Electric has announced launch of Ola Shakti, a portable device that can be used to power ACs and refrigerators at home,...
HMIL drives in Rs 45,000-cr India plan, names first Indian...
- Oct 16, 2025
South Korea’s Hyundai Motor Company is doubling down on India with investments of Rs 45,000 crore by FY30 and elevating an Indian, Tarun Garg, for...
Google picks Visakhapatnam for India’s first, gw-scale,...
- Oct 15, 2025
Google has announced a $15-billion investment to set up a large-scale artificial intelligence (AI) hub in Visakhapatnam, Andhra Pradesh, its biggest...
Joel Mokyr, Philippe Aghion, Peter Howitt win 2025 Nobel...
- Oct 14, 2025
Joel Mokyr, Philippe Aghion and Peter Howitt won the 2025 Nobel Prize for economics on Monday for their work on how innovation and the forces of...
Tourism set for a CAGR of 25%, empowering people: Gajendra...
- Oct 13, 2025
Union Minister Gajendra Singh Shekhawat has said that the tourism sector contributes Rs 20 lakh crore to India’s GDP and is expected to grow at a...
Several job cuts on as US shutdown enters 12th day, Mr...
- Oct 12, 2025
President Donald Trump has blamed Democrats for his decision to lay off thousands of workers across the US government, as he has followed through on...
Rift between Tata Group and SP Group widens with the latter...
- Oct 11, 2025
The Shapoorji Pallonji (SP) Group has called for a public listing of Tata Sons as a “moral and social imperative”. This may queer the pitch for a...
SPIRITUAL CORNER - Religion
- Oct 10, 2025
To Be The Self Is The Religion Of The SelfQuestioner: What is religion (dharma)? That is what I want to understand.Dadashri: That which holds you...
AT THE HELM - Hisashi Takeuchi, MD & CEO, Maruti Suzuki
- Oct 10, 2025
Late August, Maruti Suzuki’s Hansalpur plant in Gujarat rolled out its first-ever electric car (e-car), e Vitara. E Vitara interestingly happens...
Modi, Starmer strengthen bilateral ties, ink defence deals...
- Oct 10, 2025
India and the UK have signed two defence deals worth over $800 million and have also agreed to collaborate further in education, clean energy,...
Modi opens Rs 19,650-cr Navi Mumbai airport, set to start...
- Oct 09, 2025
Prime Minister Narendra Modi on Wednesday inaugurated the first phase of the Navi Mumbai International Airport (NMIA), built at a cost of around Rs...
Airbus A320 flies past Boeing 737 to become the world’s...
- Oct 08, 2025
Europe’s Airbus has broken a major commercial barrier, with its A320 family of planes overtaking the Boeing 737 to become the most-delivered...
CRISIL sees moderate rise in gross NPAs of banks’ MSME...
- Oct 07, 2025
Gross non-performing assets (NPAs) of the banking system’s micro, small and medium enterprises (MSMEs) portfolio are likely to rise moderately to...
SPVs with industry partners planned to upgrade 1,000 ITIs...
- Oct 06, 2025
Special purpose vehicles (SPVs) with credible anchor industry partners will be set up under the Rs 60,000-crore Pradhan Mantri Skilling and...
Financial assets worth Rs 1.82 lakh crore lying unclaimed...
- Oct 05, 2025
Financial assets worth Rs 1.82 lakh crore are lying unclaimed with banks and regulators, and institutions need to ensure that these reach the...
Overseas loans to get cheaper for India Inc, if govt...
- Oct 04, 2025
The Reserve Bank of India (RBI) has proposed a significant easing of rules for external commercial borrowings (ECBs). The proposal is aimed at making...
Abu Dhabi’s IHC to purchase 41% in Sammaan Capital for Rs...
- Oct 03, 2025
Abu Dhabi-based International Holding Company (IHC), the most valuable holding company in West Asia, has entered into definitive agreements to...
Manufacturing expands at a slower pace in September amid...
- Oct 02, 2025
Manufacturing activity continued to expand in September but at a slower pace as the Manufacturing Purchasing Managers’ Index (PMI) stood at 57.7,...
NMDC bags 15 awards at the 15th PRCI Excellence Awards 2025
- Oct 01, 2025
NMDC, India’s largest producer of iron ore, has been recognised for its outstanding contributions to corporate excellence, inclusive leadership and...
India must grow at 12.2% to avoid slipping into a jobs trap...
- Oct 01, 2025
India’s economy needs to expand at an extraordinary 12.2 per cent pace each year to solve its underemployment crisis, Morgan Stanley economists...
Two Rs 4,000-crore cross-border railway lines planned...
- Sep 30, 2025
India has announced a joint plan with Bhutan to implement two cross-border rail links with Bhutanese cities of Samtse and Gelephu at a cost of more...
GST 2.0 continues to roil FMCG distributors, struggling...
- Sep 29, 2025
The government’s recent circular has brought clarity on trade discounts and credit notes under the Goods and Services Tax (GST) regime. But it has...
India in exclusive club of nations as BSNL’s swadeshi 4G...
- Sep 28, 2025
Prime Minister Narendra Modi inaugurated Bharat Sanchar Nigam’s (BSNL) indigenously-developed 4G stack on Saturday, signalling a major leap in the...
Supreme Court reverses BPSL verdict, upholds its...
- Sep 27, 2025
The Supreme Court has said that JSW Steel’s $2.3-billion takeover of Bhushan Power and Steel (BPSL) can go ahead, reversing its own earlier...
Defence Ministry seals Rs 62,370-crore deal with HAL to buy...
- Sep 26, 2025
The Ministry of Defence has signed a Rs 62,370-crore deal with Hindustan Aeronautics (HAL) for procurement of 97 Tejas Mark-1A fighter jets for the...
Shipbuilding and maritime gets Union Cabinet’s Rs...
- Sep 25, 2025
The Union Cabinet has approved around Rs 70,000-crore package for the shipbuilding and maritime sector.“In a transformative push for maritime...
Air India Express to operate 20 daily flights from Navi...
- Sep 24, 2025
The Air India Group on Tuesday announced that it will commence commercial flights from Navi Mumbai International Airport (NMIA), operated by Adani...
Goa Cabinet gives green light for Rs 2,500-crore projects...
- Sep 23, 2025
The Goa Cabinet has approved seven development projects, collectively valued at Rs 2,500 crore, to be taken on a public-private partnership (PPP)...
ONGC, OIL embarking on a Rs 3,200-cr drilling campaign for...
- Sep 22, 2025
Oil and Natural Gas Corporation (ONGC) and Oil India (OIL) are planning to begin a Rs 3,200-crore stratigraphic drilling campaign in untapped...
India set to bear the brunt as US hikes annual fee for H-1B...
- Sep 21, 2025
The Trump administration has said that it will ask companies to pay $100,000 per year for H-1B worker visas. This has prompted some big tech...
States’ combined public debt trebles to Rs 59.60 lakh...
- Sep 20, 2025
The combined public debt of all 28 States has trebled in 10 years, rising from Rs 17.57 lakh crore in 2013-14 to Rs 59.60 lakh crore in 2022-23,...
PFRDA’s draft norms may leave non-govt NPS subscribers...
- Sep 19, 2025
The pension regulator has proposed to increase lump-sum payout to non-government sector subscribers of the National Pension System (NPS) to 80 per...
Nvidia chief disappointed with China ordering tech firms to...
- Sep 18, 2025
Nvidia CEO Jensen Huang has said that Washington and Beijing “have larger agendas to work out”. Mr Huang’s statement comes against the backdrop...
No ITC on GST paid on input services by life, health...
- Sep 17, 2025
The Central Board of Indirect Taxes and Customs (CBIC) has issued a set of frequently-asked questions (FAQs) on the nitty-gritty of the...
NITI Aayog report notes that AI can add $1.7 trillion to...
- Sep 16, 2025
The AI-based opportunities could add around $1.7 trillion towards achieving the goal of Viksit Bharat and contribute in achieving 8 per cent GDP...
Insurance Amendment Bill permitting 100% FDI likely in...
- Sep 15, 2025
Insurance Amendment Bill, which proposes 100 per cent foreign direct investment (FDI) in the insurance sector, is likely to be introduced in the...
Rs 77,000-cr rail projects on track in North-East to boost...
- Sep 14, 2025
Union Minister Ashwini Vaishnaw has said that railway projects worth Rs 77,000 crore are being implemented in the North-East region.Mr Vaishnaw made...
SEBI relaxes norms for IPOs, eases entry for low-risk...
- Sep 13, 2025
Stock market regulator SEBI’s board has cleared significant reforms, focusing on IPO regulations, simplified entry for foreign investors and a new...
Infosys unveils its largest-ever share buyback programme of...
- Sep 12, 2025
The board of directors of Infosys has approved the company’s largest-ever share buyback programme worth Rs 18,000 crore.The IT services company...
India’s renewable energy generation hits 250 gw, with...
- Sep 11, 2025
India’s non-fossil fuel electricity generation capacity has jumped over three-fold to touch 250 gw from 81 gw in 2014, New and Renewable Energy...
Consumer goods manufacturers allowed to display revised MRP...
- Sep 10, 2025
The Department of Consumer Affairs has allowed manufacturers to revise the maximum retail price (MRP) on unsold stock using stickers following...
Jaishankar stresses on need for fair and transparent...
- Sep 09, 2025
External Affairs Minister S Jaishankar has said that economic practices must be fair, transparent and to everyone’s benefit in the environment of...
SPIRITUAL CORNER - The Path of Moksha Is…
- Sep 08, 2025
Dadashri: There is only one path to moksha (ultimate liberation) and not two. When you look, you will see that there is only one path that leads to...
AT THE HELM - Sajjan Jindal, Managing Director, JSW Group
- Sep 08, 2025
Sajjan Jindal stands out starkly among India Inc. The 65-year-old chairman of the JSW Group has lined up huge investments across sectors. The...
ONGC, Mistui join hands to build, operate two VLECs to...
- Sep 08, 2025
Mitsui OSK Lines will operate two very large ethane carriers (VLECs) for Oil and Natural Gas Corporation (ONGC) to import the petrochemical feedstock...
Hindujas to invest Rs 7,500 cr to boost Tamil Nadu’s EV...
- Sep 07, 2025
Tamil Nadu (CM) Chief Minister M K Stalin has announced investment of Rs 7,500 crore by the Hinduja Group, which will boost electric vehicles (EV)...
Vedanta beats Adani to acquire debt-ridden JAL at an NPV of...
- Sep 06, 2025
Mining conglomerate Vedanta has beaten Gautam Adani’s business group to make a winning bid for the acquisition of debt-ridden Jaiprakash Associates...
Phase-II of PSA terminal at JNPA opened, Ro-Ro facility to...
- Sep 05, 2025
Prime Minister Narendra Modi, along with Singapore Prime Minister Lawrence Wong, on Thursday virtually inaugurated the second phase of the...
GST Council approves two-tier regime of 5% & 18%, sin,...
- Sep 04, 2025
The 56th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman, has approved rationalisation of GST rates and abolished...
A long-awaited rating upgrade is good, but it is time for...
- Sep 04, 2025
After 18 long years, S&P Global has upgraded India’s sovereign rating to BBB from BBB-. The rating upgrade signals confidence in the...
SEBI introduces new intraday positions for equity...
- Sep 03, 2025
The Securities and Exchange Board of India (SEBI) has introduced new rules to monitor intraday positions in equity derivatives, effective October...
UPI crosses all-time high of 2,000 transactions worth Rs...
- Sep 02, 2025
Unified Payments Interface (UPI) crossed 2,000 crore transactions in August for the first time in its history, according to the National Payments...
Intel gets $5.7 bn under new CHIPS Act funding, with govt...
- Sep 01, 2025
Intel has said that it has amended the CHIPS Act funding deal with the US Department of Commerce to remove earlier project milestones and received...
US court scraps Mr Trump’s tariffs as illegal, keeps them...
- Aug 31, 2025
A divided US appeals court ruled on Friday that most of Donald Trump’s tariffs are illegal, undercutting the Republican president’s use of the...
Services, agriculture drive Q1 FY26 growth to five-quarter...
- Aug 30, 2025
The country’s GDP grew by 7.8 per cent in the first quarter of this financial year against an estimate of 6.5 per cent. The figure is also 1.3...
A23 Rummy-maker moves court against law banning online...
- Aug 29, 2025
Online gaming company Head Digital Works (A23) became the first in the industry to move against the latest Promotion and Regulation of Online Gaming...
Cabinet approves PM SVANidhi 2.0 with enhanced loan limits,...
- Aug 28, 2025
The Union Cabinet has today approved restructuring of Prime Minister Street Vendors’ Atma Nirbhar Nidhi (PM SVANidhi) Scheme. The Cabinet has also...
Maruti starts production of eVitara at Gujarat plant, to...
- Aug 27, 2025
Maruti Suzuki has begun production of eVitara in India. The electric sports utility vehicle (e-SUV) is being built at the Suzuki’s new electric...
OYO set to file draft IPO papers in November, eyes...
- Aug 26, 2025
Global travel technology company OYO is preparing to file its draft red herring prospectus (DRHP) in November, targeting valuation of $7-8 billion...
CII puts out a slew of reform measures to boost economy,...
- Aug 25, 2025
The Confederation of Indian Industry (CII) has unveiled a blueprint to accelerate India’s economic growth through a raft of reforms. The CII’s...
SMBC gets RBI’s nod to buy 4.99% in Yes Bank, taking...
- Aug 24, 2025
The Reserve Bank of India (RBI) has given an in-principle approval for Japan’s Sumitomo Mitsui Banking Corporation (SMBC) to acquire an additional...
ChatGPT-maker OpenAI set for India debut with an office in...
- Aug 23, 2025
OpenAI, the Sam Altman-led multi-billion-dollar AI startup, is officially establishing its presence in India by opening a new office in New Delhi.In...
GST rationalisation and reduction plan moves closer, with...
- Aug 22, 2025
A proposal to slash and simplify Goods and Services Tax (GST) reached a step further on Thursday, with a GST Group of Ministers (GoM) approving the...
GTRI red-flags $100-bn trade deficit with China, calls for...
- Aug 21, 2025
Global Trade Research Initiative (GTRI) has highlighted the urgent need to cut down India’s imports from ChinaThe economic think-tank has noted...
India, China agree to resume business as usual, China to...
- Aug 20, 2025
India and China have agreed to resume direct flights and step up trade and investment flows, as the neighbours rebuild ties damaged by a 2020 border...
JSW Steel and POSCO explore option of setting up a 6-mtpa...
- Aug 19, 2025
JSW Steel has announced that it has signed an agreement with South Korean steel producer, POSCO Group, to explore the possibility of jointly setting...
Foxconn starts production at its Bengaluru unit, lines up...
- Aug 18, 2025
Foxconn, the Taiwanese electronics company, has begun production of iPhone 17 at its Bengaluru facility.The unit, located in Devanahalli near...
OpenAI employees plan to sell $6 billion in shares to...
- Aug 17, 2025
Current and former OpenAI employees plan to sell approximately $6 billion of shares to an investors’ group that includes Thrive Capital, SoftBank...
Prime Minister Narendra Modi announces two-tier GST regime...
- Aug 16, 2025
Prime Minister Narendra Modi on Friday announced a “double Diwali” bonanza for the people of India, saying that next generation of Goods and...
After Mr Trump’s “dead economy” remark, S&P upgrades...
- Aug 15, 2025
S&P Global has upgraded India’s long-term unsolicited sovereign credit rating to BBB from BBB-, citing strong economic resilience and sustained...
Infosys buys 75% in Versent for Rs 1,300 crore to...
- Aug 14, 2025
Infosys has acquired a 75 per cent stake of the shareholding in the Australian IT company Versent Group for about Rs 1,300 crore.With the purchase of...
Retail inflation hits a record low of 1.55% in July,...
- Aug 13, 2025
Headline retail inflation fell sharply to 1.55 per cent in July 2025, down by 55 basis points from June’s 2.10 per cent. This is the lowest level...
Tatas-backed Indian Hotels to buy 51% each in ANK, Pride to...
- Aug 12, 2025
The Tata Group-backed Indian Hotels Company (IHCL) has entered into share subscription and purchase agreements and shareholders’ agreements to...
Stainless steel industry seeks urgent action from DGTR...
- Aug 11, 2025
Domestic stainless steel industry has filed a petition with the Directorate General of Trade Remedies (DGTR) to consider anti-dumping duties on cheap...
ICICI Bank raises monthly minimum balance for some...
- Aug 10, 2025
CICI Bank has increased the monthly minimum average balance requirement for certain customer categories, effective August 1.The move is aimed at...
AU Small Finance Bank gets universal banking licence, a...
- Aug 08, 2025
The Reserve Bank of India (RBI) has granted in-principle approval to AU Small Finance Bank (AUSFB) for transitioning from a small finance bank (SFB)...
US slaps 25% additional tariff on Indian imports, taking...
- Aug 07, 2025
US President Donald Trump on Wednesday signed an executive order, imposing an additional 25 per cent tariff on India over its purchases of Russian...
Income Tax Department detects Rs 30,444.17 crore in...
- Aug 06, 2025
Income Tax Department has detected Rs 30,444.17 crore in undisclosed income during 465 survey operations in the financial year 2024-25, according to...
JSW JFE Electrical Steel lines up Rs 5,845-crore production...
- Aug 05, 2025
A joint venture between JSW Steel and Japan’s JFE Steel will invest Rs 5,845 crore to expand production capacity of cold-rolled, grain-oriented...
SPIRITUAL CORNER - Internal Happiness – External Happiness
- Aug 04, 2025
Internal Happiness – External HappinessDadashri: However far one has walked in the wrong direction, the ego increases by that much. And by however...
AT THE HELM - Sanjay Kaul, MD and CEO, GIFT City
- Aug 04, 2025
It is a pleasant homecoming for Sanjay Kaul, as he took over as managing director and CEO of GIFT City last month. The 2001-batch IAS officer of...
BSNL inks an agreement with Numaligarh Refinery to deploy...
- Aug 04, 2025
BSNL has signed a pact with Numaligarh Refinery (NRL) for deployment of 5G private network in the refinery sector, an official statement has said.The...
M&M wraps up SML Isuzu acquisition, renames it as SML...
- Aug 03, 2025
Mahindra & Mahindra (M&M) has completed the acquisition of 58.96 per cent controlling stake in commercial vehicle manufacturer SML Isuzu and...
Seven coal blocks auctioned in the 12th round of commercial...
- Aug 02, 2025
The Union Ministry of Coal has successfully concluded the 12th round of commercial coal block auctions, with seven coal blocks awarded through...
Cabinet’s green signal for Rs 11,169-crore railway...
- Aug 01, 2025
The Cabinet Committee on Economic Affairs has approved four key railway multi-tracking projects worth approximately Rs 11,169 crore. These projects,...
US imposes 25% tariff on Indian imports as interim trade...
- Jul 31, 2025
US President Donald Trump has imposed a 25 per cent tariff on a wide range of goods from India, effective August 1, 2025. The sweeping measure, aimed...
Central agencies scrap about 11,400 mw of renewable energy...
- Jul 30, 2025
Around 11,400 mw of renewable energy procurement tenders issued by Central agencies have been cancelled till June, and the government has taken steps...
Growth engine runs out of steam, IIP grows by 10-month low...
- Jul 29, 2025
Growth of industrial production slowed to a 10-month low of 1.5 per cent in June 2025 due to poor performance of mining and power sectors. These...
US-EU reach trade deal; new tariff rate of 15% on all EU...
- Jul 28, 2025
The US struck a framework trade agreement with the European Union (EU) on Sunday, imposing a 15 per cent import tariff on most EU goods. The new...
Farm prices set to surge on supply shock due to uneven...
- Jul 27, 2025
Uneven rainfall distribution across various States in the country implies a near-term supply shock in prices of key crops, according to a report by...
Ethanol-blending target of 20% in petrol achieved five...
- Jul 26, 2025
India has successfully achieved 20 per cent ethanol blending in petrol in 2025, five years ahead of its original target set for 2030, Petroleum and...
India, UK sign mega agreement, aimed at doubling bilateral...
- Jul 25, 2025
Minister Narendra Modi and his United Kingdom (UK) counterpart Keir Starmer on Thursday witnessed the signing of landmark free trade agreement (FTA)...
REC’s net profit rises by 29% to Rs 4,451 crore for June...
- Jul 25, 2025
REC’s total income rose by 13 per cent at Rs 14,734 crore for the June 2025 quarter as against Rs 13,037 crore during the year-ago quarter. The...
Pernod Ricard to sell Imperial Blue to Tilaknagar; to focus...
- Jul 24, 2025
Pernod Ricard has said that it has agreed to sell its Imperial Blue whisky business to Indian liquor-maker Tilaknagar Industries, as the...
Govt raises tax, penalty demand of over Rs 35,105 crore...
- Jul 23, 2025
The government has raised tax and penalty demand of over Rs 35,105 crore and filed 163 prosecution complaints till March 31 under the foreign black...
Titan acquires 67% in Dubai-based Damas from Qatar’s...
- Jul 22, 2025
Titan Company will buy a 67 per cent stake in Dubai-based luxury brand Damas from Qatar’s Mannai Corporation. The Rs 2,438-crore deal is expected...
China’s EV brands Neta and Zeekr manipulate insurance...
- Jul 21, 2025
Chinese electric vehicle (EV) brands Neta and Zeekr inflated sales in recent years to hit aggressive targets,...
Jio Financial Services seals reinsurance and insurance JVs...
- Jul 20, 2025
Jio Financial Services has announced that it has entered into a binding agreement to form a 50:50 domestic reinsurance joint venture (JV) with the...
Udaan acquires ShopKirana to expand market reach, achieve...
- Jul 19, 2025
B2B e-commerce platform Udaan has acquired ShopKirana in an all-stock deal. The acquisition, the details of which have not been disclosed, is a part...
