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Business
India to rank second globally in renewable energy expansion, according to IEA
7 Oct 2025 12:20 PM IST
New Delhi, Oct 7: Renewable sources of electricity generation are continuing to grow strongly around the world, with India on course to become the second-largest renewables growth market globally, after China, and is expected to comfortably reach its ambitious target by 2030, the IEA's...
Business
India-EU FTA crucial for boosting trade, investment amid US tariffs: EU envoy
4 Oct 2025 4:13 PM IST
New Delhi, Oct 4: European Union’s Ambassador to India, Herve Delphin, said on Saturday that India and the EU should use the free trade agreement (FTA) to increase bilateral trade and investment at a time when “some countries” are raising tariffs or otherwise closing their markets, in an...
Business
India ranks 2nd in fish production globally, accounting for 8% of total output
4 Oct 2025 3:28 PM IST
New Delhi, Oct 4: India is the world’s second-largest fish producer, contributing 8 per cent to global output, and also ranks second in aquaculture production globally, the government said on Saturday.Since the introduction of targeted interventions in 2015, the government has approved or...
Business
Amit Malviya claims Centre’s policies have revived Bengal’s jute industry
4 Oct 2025 3:08 PM IST
New Delhi, Oct 4: After decades of decline, Bengal’s iconic jute industry is finally witnessing a new sunrise. Once plagued by low returns, mill closures and farmer distress, the sector is now booming again on the back of the astute and timely intervention of the Central Government under Prime...
Business
GST rejig set to give a major push to J&K’s economy, from handicrafts to tourism
4 Oct 2025 12:07 PM IST
New Delhi, Oct 4: The GST rate rationalisation, from 12 per cent to 5 per cent, is boosting competitiveness, lowering costs and expanding markets in Jammu and Kashmir across handicraft, agriculture, tourism and local specialties.This relief strengthens artisan and farmer livelihoods,...
Business
RBI suggests simpler norms for firms to raise loans in foreign currency
3 Oct 2025 4:59 PM IST
New Delhi, Oct 3: The Reserve Bank of India (RBI) on Friday released draft rules to make it easier for Indian companies to raise money in foreign currencies.The central bank has suggested widening the pool of both borrowers and lenders who can take part in external commercial borrowings...
Business
India’s growth rests on strong domestic drivers amid global turmoil: FM...
3 Oct 2025 12:32 PM IST
New Delhi, Oct 3: We are in an era of an unprecedented global volatility where rules of international engagement are being rewritten, but India’s growth is firmly rooted in domestic factors and the country's capacity to absorb global shocks is strong, Finance Minister Nirmala Sitharaman said...
Business
Indian power distribution firms may cut operational losses by a third in FY26
29 Sept 2025 2:58 PM IST
New Delhi, Sep 29: State power distribution companies (discoms) will see their operating losses reduce by a third to nearly Rs 8,000-10,000 crore this fiscal (FY26) from an estimated Rs 12,000-15,000 crore last fiscal, a report said on Monday.Improving operational efficiency, approved tariff...
Business
Andhra Pradesh electricity consumers to receive Rs 895 crore refund benefit
29 Sept 2025 12:37 PM IST
Amaravati, Sep 29: The Andhra Pradesh Electricity Regulatory Commission (APERC) has ordered a refund of Rs 895 crore to electricity consumers in the state.Power distribution companies will credit a refund of approximately 13 paise per unit to consumers in equal monthly instalments. It will be...
Business
97,500 BSNL towers with swadeshi 4G stack to boost digital access: Scindia
27 Sept 2025 12:11 PM IST
New Delhi, Sep 27: Union Communications Minister Jyotiraditya Scindia on Saturday said that Prime Minister Narendra Modi is set to inaugurate India’s fully indigenous 4G stack and more than 97,500 Swadeshi BSNL towers to bolster digital connectivity across the country.This rollout will ensure...
Business
Raymond offices across India surveyed by Income Tax authorities
26 Sept 2025 4:24 PM IST
New Delhi, Sep 26: Certain officials of the Income Tax Department on Friday conducted a survey at offices and manufacturing units of Indian textile major Raymond.Raymond stated that the survey was carried out under Section 133A of the Income Tax Act, 1961.“We hereby inform that yesterday...
Business
Copper seen climbing to $11,700/tonne with supply concerns mounting
26 Sept 2025 3:52 PM IST
New Delhi, Sep 26: The price of copper metal is expected to soar to $11,700 per metric tonne as structural demand growth of the metal meets a constrained supply, according to a report on Friday.Copper prices dipped 0.32 per cent after a surge of over 5 per cent following a mudflow at...
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