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Business
US GDP is expected to decline by 40–50 basis points as a result of Trump...
27 Aug 2025 12:56 PM IST
New Delhi, Aug 27: As Indian exporters brace for the impact after additional 25 per cent US tariffs on key goods came into effect on Wednesday, reports said that Trump tariffs are likely to affect the US GDP by 40-50 bps by triggering inflationary pressures.The US inflation is expected to stay...
Business
Lower pricing and fewer LPG losses would help Indian oil companies report high...
27 Aug 2025 12:18 PM IST
New Delhi, Aug 27: The Indian oil marketing companies (OMCs) are set to clock strong earnings in current fiscal (FY26) due to lower oil prices and reduced LPG losses, according to a new report.HSBC Global Investment Research believes that OMCs now have a large margin of safety owing to low oil...
Business
America's pharmaceutical and drug gamble on China could be very dangerous:...
26 Aug 2025 4:46 PM IST
New Delhi, Aug 26: While the US sources cheap medicines ranging from everyday painkillers like ibuprofen and acetaminophen to critical antibiotics and chemotherapy agents from China, increasing dependency on the country may introduce serious risks, according to a report.Citing the US trade...
Business
In August, India's IPO mainboard fundraising reached Rs 15,200 crore
26 Aug 2025 4:29 PM IST
New Delhi, Aug 26: Market activity in August remained strong, with 13 mainboard initial public offerings (IPO) raising Rs 15,200 crore and 28 SME IPOs raising Rs 1,345 crore -- the highest SME fundraise since September 2024.However, most of the listing gains have been modest, indicating a...
Business
The stock market declines due to selling pressure in anticipation of further US...
26 Aug 2025 4:21 PM IST
Mumbai, Aug 26: The domestic equity indices ended the session with a sharp decline on Tuesday amid worries over the US imposition of 50 per cent tariffs on Indian goods, scheduled to come into effect from Wednesday.Sensex ended the session at 80,786.54, down 849.37 points or 1.04 per cent. The...
Business
According to PM Modi, India will become a clean energy hub
26 Aug 2025 4:15 PM IST
Ahmedabad, Aug 26: Prime Minister Narendra Modi on Tuesday inaugurated localised production of hybrid battery electrodes and flagged off Battery Electric Vehicle (EV) exports to 100 countries from Hansalpur in Ahmedabad and stated that India will become a hub of clean energy.Addressing the...
Business
France's Safran will work with India to produce fifth-generation fighter...
23 Aug 2025 4:02 PM IST
New Delhi, Aug 23: Defence Minister Rajnath Singh has said that India will begin manufacturing engines for fifth-generation fighter aircraft in partnership with French aerospace giant Safran.The Union Minister said the move marks a major step in India’s efforts to strengthen its indigenous...
Business
India continue to ban Pakistani aircraft from using its airspace until September...
23 Aug 2025 3:43 PM IST
New Delhi, Aug 23: India has further extended the closure of its airspace to Pakistan-registered aircraft, covering planes owned, leased, or operated by Pakistani airlines and operators as well as military flights, until September 24.As per India’s latest NOTAM, an official notice providing...
Business
By keeping prices stable, oil purchases benefit both domestic and international...
23 Aug 2025 2:34 PM IST
New Delhi, Aug 23: As the US prepares to slap secondary 25 per cent tariffs on India in couple of days, External Affairs Minister (EAM) Dr S. Jaishankar on Saturday defended India's energy ties with Russia, saying that that oil purchases serve both national and global interests by stabilising...
Business
600 crore rupees Construction of the Adani Logistics Park in Kochi begins,...
23 Aug 2025 1:58 PM IST
Kochi, Aug 23: Adani Ports and Special Economic Zone Ltd (APSEZ) on Saturday announced the groundbreaking of the Adani Logistics Park in Kalamassery industrial region here, which was inaugurated by Kerala Chief Minister Pinarayi Vijayan.Spanning 70 acres, the project is part of the ‘Invest in...
Business
Users complain of spam calls following credit checks on Bajaj Finance, putting...
22 Aug 2025 4:38 PM IST
New Delhi, Aug 22: CIBIL, the credit information company whose scores decide whether Indians get loans or credit cards, is under fresh scrutiny after concerns were raised in Parliament and by users online.Tamil Nadu MP Karti P Chidambaram recently told the Lok Sabha that the system lacks...
Business
BMW Group India launches a 4,000-kilometer charging corridor and surpasses 5,000...
22 Aug 2025 4:26 PM IST
New Delhi, Aug 22: German luxury automobile maker BMW Group India on Friday announced it has raced past 5,000 electric car deliveries, becoming the first Indian luxury car company to achieve this milestone.The automaker also said it has inaugurated a high-power charging corridor, running 4,000...
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