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Business
Toll rates slashed by up to 50% for highways with bridges, flyovers, tunnels
5 July 2025 1:02 PM IST
New Delhi, July 5: In a major relief for motorists, the government has reduced toll rates by up to 50 per cent on certain sections of National Highways that include structures like tunnels, bridges, flyovers, and elevated roads.The move is aimed at lowering travel costs and making road...
Business
US to start sending letters to trade partners on tariff hikes kicking in from...
4 July 2025 4:47 PM IST
New Delhi, July 4: President Donald Trump has announced that the US administration will start sending letters informing trading partners of their tariff rates as soon as Friday, even as negotiations with various countries including India to avoid higher US levies have stretched into the last...
Business
SAIL expands footprint to Middle East with new office in Dubai
4 July 2025 1:10 PM IST
New Delhi, July 4: Steel Authority of India Limited (SAIL) has inaugurated its first representative office for the Middle East in Dubai, marking a significant step in the public sector steel giant's global expansion strategy.The office was inaugurated by Union Minister of Steel and Heavy...
Business
India holds 3rd rank globally in fintech startup funding with $889 million in...
4 July 2025 1:01 PM IST
Bengaluru, July 4: India continues to be the third largest fintech startup ecosystem in the world, behind the US and the UK, a report said on Friday, adding that the sector raised a total of $889 million in the January-June period (H1 2025).Early-stage funding stood at $361 million, a 10 per...
Business
Corporate profits in India grew nearly 3x faster than GDP between FY20–25:...
3 July 2025 2:46 PM IST
Mumbai, July 3: India Inc has shown remarkable financial strength over the last five years, with corporate profits growing nearly three times faster than the country's GDP between FY20 and FY25, a new report said on Thursday.The profit-to-GDP ratio has risen significantly to 6.9 per cent --...
Business
LIC shares make strong comeback, jump over 34% in last 4 months
3 July 2025 2:42 PM IST
Mumbai, July 3: Life Insurance Corporation (LIC) shares have staged a sharp rebound, rising nearly 34.41 per cent from their 52-week low of Rs 715.30, driven by improved technical indicators, positive market sentiment, and upbeat brokerage ratings.The public sector insurer’s stock, which had...
Business
HDFC Bank CEO moves Supreme Court to quash FIR filed by Lilavati Trust, hearing...
3 July 2025 2:35 PM IST
New Delhi, July 3: HDFC Bank CEO and Managing Director Sashidhar Jagdishan has filed a petition in the Supreme Court to quash the first information report (FIR) lodged against him on a complaint by the Lilavati Kirtilal Mehta Medical Trust, alleging that he has accepted a bribe of Rs 2.05...
Business
Air India cancels Delhi-Washington flight due to technical snag in Vienna
3 July 2025 12:44 PM IST
New Delhi, July 3: An Air India flight AI 103 from Delhi to Washington, D.C., was cancelled due to a technical snag that the aircraft faced during its fuel stop in Vienna, the airline said on Thursday.Flight AI 103, which took off at 12.45 a.m. on Wednesday and was scheduled to reach...
Business
India projected to clock 6.8-7% growth in Q2, current fiscal to register 6.3% :...
2 July 2025 12:02 PM IST
New Delhi, July 2: India’s GDP growth is projected at 6.3 per cent in current fiscal (FY26) despite external headwinds, an HSBC report said on Wednesday, adding that with 70 per cent of the indicators growing positively, the Q2 growth (April-June) is trending at 6.8-7 per cent, with the...
Business
India poised to become 3rd-largest economy by 2030, overtaking Germany: Hardeep...
2 July 2025 11:53 AM IST
New Delhi, July 2: India has recently overtaken Japan and is poised to become the third-largest economy by 2030, overtaking Germany, Union Petroleum Minister Hardeep Singh Puri has said.In the past 11 years, India has risen from the eleventh to the fourth largest economy in the world.“Our GDP...
Business
India, US may sign interim trade agreement this week: Report
1 July 2025 2:57 PM IST
New Delhi, July 1: India is on course to finalise an interim trade agreement with the US as early as this week to escape the tariff hike on its exports proposed by President Donald Trump, according to a report in the Financial Times.India's negotiating team, led by Special Secretary Rajesh...
Business
India to empower Global South, chart a cleaner and sustainable future: Minister
1 July 2025 2:48 PM IST
New Delhi, July 1: India is playing a key role in helping the Global South move towards a cleaner and more sustainable future, Union Minister for New and Renewable Energy Pralhad Joshi said on Tuesday.Highlighting the impact of solar energy in the global clean energy transition, the minister...
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