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Business
Indian exporters hail US decision to extend tariff hike deadline to August 1
8 July 2025 4:57 PM IST
New Delhi, July 8: Indian exporters have welcomed the US decision to postpone the tariff hikes on imports from July 9 to August 1, as this will allow more time for talks to sort out the trade issues.Director General of the Federation of Indian Export Organisations (FIEO) Ajay Sahai said that...
Business
India continues to outperform most of other economies: HSBC Mutual Fund’s...
8 July 2025 3:49 PM IST
New Delhi, July 8: The Indian fundamentals are very strong in the long term and the country continues to outperform most of the other economies – a trend that would continue for the next several years, Kailash Kulkarni, CEO, HSBC Mutual Fund, said on Tuesday.Speaking to IANS, Kulkarni said...
Business
AAIB submits preliminary report on Air India plane crash
8 July 2025 3:02 PM IST
A preliminary report on the Air India Crash has been submitted by the Aircraft Accident Investigation Bureau (AAIB) to the Ministry of Civil Aviation and other relevant authorities
Business
Indian IT sector to witness soft growth in Q1 despite seasonal strength: Report
8 July 2025 2:33 PM IST
New Delhi, July 8: The Indian IT services sector is expected to experience a soft quarter growth (Q1FY26) despite the seasonal strength, according to a report released on Tuesday.IT companies’ earnings are expected to be mixed across the board with a very soft quarter for ER&D services...
Business
With 8% of world's reserves, India poised to play key role in rare earth...
8 July 2025 2:24 PM IST
New Delhi, July 8: India holds 8 per cent of the world's rare earth element reserves, which gives it the potential of playing a key role in the gradually evolving global supply landscape as China's current dominance is projected to decline, according to a CareEdge report released on...
Business
BMW Group India appoints Hardeep Singh Brar as President, CEO
8 July 2025 2:17 PM IST
Gurugram, July 8: BMW Group India on Tuesday announced to appoint Hardeep Singh Brar as the President and Chief Executive Officer (CEO), effective from September 1.Brar succeeds Vikram Pawah who is taking charge as Chief Executive Officer of BMW Group Australia and New Zealand, the luxury...
Business
Adani Power completes 600 MW Vidarbha Power acquisition, operating capacity...
8 July 2025 12:03 PM IST
Ahmedabad, July 8: Adani Power Ltd (APL) on Tuesday said it has successfully completed the acquisition and resolution plan implementation of Vidarbha Industries Power Ltd (VIPL) for Rs 4,000 crore.With this acquisition, Adani Power takes its operating capacity to 18,150 MW, cementing its...
Business
Union Minister Singh highlights Defence investment’s catalytic impact on India's...
7 July 2025 3:41 PM IST
New Delhi, July 7: Highlighting the economic benefits of investment in the Defence sector, Union Minister Rajnath Singh on Monday stressed judicious utilisation of the Budget by spending at the right time for the right objective, underscoring the need for efficient use of the taxpayers’...
Business
Global capability centres show impressive 30.8% growth in India in Jan-June
7 July 2025 1:01 PM IST
Mumbai, July 7: Global Capability Centres (GCCs) showed remarkable 30.8 per cent year-on-year growth in India in January-June period (H1 2025) this year, reaching 13.85 million square feet and exceeding previous annual totals, a report showed on Monday.GCCs are leading the charge in India’s...
Business
EV charging operators in TN face higher power bills after tariff hike
7 July 2025 12:48 PM IST
Chennai, July 7: Electric vehicle (EV) charging operators across Tamil Nadu are bracing for a steep rise in operational costs following a significant revision in power tariffs by the Tamil Nadu Electricity Regulatory Commission (TNERC), effective July 1.The revised tariff structure has...
Business
US, Japan, Hong Kong drive 89% of Q2 foreign inflows in Indian real estate
7 July 2025 12:44 PM IST
New Delhi, July 7: Indian real estate sector received institutional investments of $1.80 billion in April-June period (Q2 2025), with investors from the US, Japan and Hong Kong contributing around 89 per cent to the foreign investments, according to a report on Monday.Investments more than...
Business
Indian stock markets end week lower amid trade deal concerns, profit booking
5 July 2025 1:05 PM IST
Mumbai, July 5: The Indian equity markets closed lower for the week as investors turned cautious ahead of the crucial July 9 US-India trade deadline and the start of the corporate earnings season, experts said on Saturday.Both benchmark indices -- the Sensex and the Nifty -- slipped 0.7 per...
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