India poised to be world’s No. 2 economy in PPP terms by 2038: EY
Aug 27, 2025, at 07:24 pm
New Delhi: India could climb to the position of the world’s second-largest economy in purchasing power parity (PPP) terms by 2038, with its GDP estimated to touch USD 34.2 trillion, according to EY’s analysis based on IMF forecasts.
Why India won’t stop buying Russian oil, despite Trump’s tariffs: Report
Aug 27, 2025, at 06:03 pm
India has made clear that it will not abandon Russian oil, even as President Donald Trump ratchets up pressure with punishing tariffs. For the world’s fastest-growing major economy and most populous country, energy security is non-negotiable, The New York Times reports.
Aug 27, 2025, at 02:40 pm
New Delhi/IBNS: "The UK is going through a recession, and we had some work in the US that also flopped," Shamim Azad, a leather exporter, narrates his ordeal as the Trump administration's 50 percent tariffs on imports from India became effective on August 27 amid India's firm stand on "no compromise" policy.
CCI clears Adani Group’s proposed acquisition of debt-laden Jaiprakash Associates
Aug 26, 2025, at 11:25 pm
New Delhi: The Competition Commission of India (CCI) on Tuesday said it has given in-principle approval to Adani Group’s proposed acquisition of Jaiprakash Associates Ltd (JAL), subject to the conglomerate winning the ongoing insolvency proceedings, PTI reported.
TCS names Amit Kapur to lead new AI and services transformation unit
Aug 26, 2025, at 08:44 pm
Bengaluru: Tata Consultancy Services (TCS) has appointed Amit Kapur to head its newly created AI and services transformation unit, Reuters reported, citing a company memo it reviewed on Tuesday.
Gangwal family set to offload 3.1% IndiGo stake via block deals
Aug 26, 2025, at 08:36 pm
Gurugram: The Rakesh Gangwal family is preparing to sell up to 3.1% of its stake in InterGlobe Aviation, the parent of budget airline IndiGo, through block deals, The Economic Times reported, citing reports.
ONGC plans trading unit to handle crude and fuel from group companies
Aug 26, 2025, at 06:48 pm
New Delhi: India’s state-run Oil and Natural Gas Corp (ONGC) is considering the creation of a trading unit to handle crude and refined fuel from its group companies, a senior ONGC Videsh official revealed at an industry gathering, Reuters reported.
Vodafone Idea Infra plans ₹50 bn debt sale in September to fund expansion
Aug 26, 2025, at 05:05 pm
Mumbai: Vodafone Idea Telecom Infrastructure, a wholly owned subsidiary of Vodafone Idea, is preparing to raise up to ₹50 billion ($569.5 million) through a debt sale in September, Reuters reported, citing three people with knowledge of the matter said on Tuesday.
How Demat Accounts Make Investing with SIPs and Redeeming Mutual Funds Easier?
Aug 26, 2025, at 03:06 pm
In today’s fast-paced investing environment, convenience and efficiency are just as important as returns. Whether you are starting your wealth creation journey with SIPs or looking for a smooth way to redeem your mutual fund investments, having the right tools can make all the difference. A demat account brings all your investments under one secure, digital roof, allowing you to track, invest and redeem with ease.
Mid-Cap Fund Investing: Key Tips For Maximising Returns
Aug 26, 2025, at 02:58 pm
Investing in a mid-cap fund offers a powerful avenue for portfolio growth while managing risk. Mid-cap funds target companies whose market value lies between that of small-cap and large-cap firms. These companies often bring the innovation and flexibility of smaller businesses combined with the stability and established operations of larger corporations.
More Reasons to Save: Here's a Women's Savings Account That Gives High Interest and More!
Aug 22, 2025, at 06:47 pm
Saving money is no longer just a financial habit—it’s a powerful step towards independence, especially for women. With rising aspirations, expanding roles, and evolving financial responsibilities, women today need more than just a basic account. They need a solution that rewards them, supports their lifestyle, and grows their wealth over time.
India clears 23 chip design projects under DLI scheme
Aug 22, 2025, at 06:37 pm
New Delhi: The Ministry of Electronics and Information Technology (MeitY) announced on Friday that it has approved 23 semiconductor design projects under its Design Linked Incentive (DLI) scheme.
Aug 22, 2025, at 06:13 pm
Tokyo: Japan is set to announce a decade-long investment target of 10 trillion yen ($68 billion) for India during Prime Minister Narendra Modi’s visit later this month, The Times of India reported, citing Kyodo News.
BMW Group India hits 5,000 EV deliveries, launches 4,000 km charging corridor from Jammu to Madurai
Aug 22, 2025, at 05:26 pm
New Delhi: BMW Group India announced that it has delivered over 5,000 electric vehicles, becoming the first luxury carmaker in the country to achieve this milestone.
Centre likely to slash AGR dues of Airtel, Vodafone Idea after PMO review
Aug 22, 2025, at 05:17 pm
New Delhi: Telecom giants Airtel and Vodafone Idea are set to get a major relief, as the Central government is considering a sharp reduction in their Adjusted Gross Revenue (AGR) dues, NDTV Profit reported, citing sources.
India weighs RCEP return amid US tariff strain, improving ties with China
Aug 21, 2025, at 11:40 pm
New Delhi: India is reconsidering rejoining the Regional Comprehensive Economic Partnership (RCEP) after tensions with the United States over tariffs and an upswing in relations with China, Mint reported on August 21.
Starlink gets Aadhaar e-KYC nod for customer verification in India
Aug 21, 2025, at 10:28 pm
New Delhi: The Ministry of Electronics and Information Technology on Wednesday announced that the Unique Identification Authority of India (UIDAI) has onboarded Starlink Satellite Communication Pvt Ltd.
Vehicle prices to fall as GST slabs slashed; ICE cars, bikes to shift to 18%: Report
Aug 21, 2025, at 09:23 pm
New Delhi: The automobile sector is set to receive a big boost this festive season with the Group of Ministers (GoM) on GST approving the Centre’s tax rationalisation proposal, according to a Moneycontrol report.
GST 2.0: GoM approves removal of 12%, 18% slabs, price drop likely for most goods
Aug 21, 2025, at 04:34 pm
New Delhi: India’s long-awaited overhaul of the Goods and Services Tax (GST) has taken a major step forward, with the Group of Ministers (GoM) on rate rationalisation agreeing to cut the current four-slab system down to two.
Apple to make all iPhone 17 models in India as it diversifies beyond China: Report
Aug 20, 2025, at 11:52 pm
Apple Inc. will assemble every version of its upcoming iPhone 17 lineup—including the premium Pro models—at five factories in India, Bloomberg reported, citing sources.
Vedanta demerger faces roadblock as Centre raises objections
Aug 20, 2025, at 11:21 pm
New Delhi: Vedanta Ltd.’s ambitious plan to split into multiple listed entities has hit a hurdle, with the Central government raising “serious objections” to the proposal, Reuters reported on August 20, citing CNBC-TV18.
Trump purchases over $100 million in bonds since start of second term
Aug 20, 2025, at 10:21 pm
Washington, DC: U.S. President Donald Trump has purchased more than $100 million worth of company, state, and municipal bonds since taking office in January, according to financial disclosures released this week, Reuters reported.
Adani Group units secure $275 million in foreign currency loans from global banks
Aug 20, 2025, at 08:25 pm
Mumbai: Two Adani Group entities have raised a combined $275 million through foreign currency loans, as the conglomerate continues to expand its borrowing, according to people familiar with the matter, Bloomberg reported.
India’s core sector growth slows to 2% in July as coal, crude output contract
Aug 20, 2025, at 07:21 pm
New Delhi: India’s core sector growth eased to 2 percent in July, down from 2.2 percent in June, according to official data released on August 20, as heavy monsoon activity weighed on energy sector output.
Lok Sabha passes Bill banning all forms of online real-money gaming
Aug 20, 2025, at 06:31 pm
New Delhi: The Lok Sabha on Wednesday approved the Promotion and Regulation of Online Gaming Bill, 2025, which seeks to outlaw all online games involving real-money transactions.
Aug 20, 2025, at 06:08 pm
New Delhi: Russia expects India to continue purchasing its crude despite pressure from Washington, a senior official said on Wednesday, as New Delhi braces for higher US tariffs and sharp criticism from the Trump administration, according to a Bloomberg report.
Myntra sharpens festive play with faster deliveries, deeper stock in Kolkata
Aug 20, 2025, at 05:11 pm
Kolkata: Fashion e-commerce platform Myntra said Tuesday that it is sharpening its festive season play in Kolkata with faster deliveries, a wider product selection and a stronger focus on regional fashion demand.
Aug 19, 2025, at 10:15 pm
Bengaluru: Apple India Pvt Ltd has signed a 10-year lease for around 2.7 lakh sq ft of office space in Embassy Group’s Embassy Zenith project in Bengaluru, with a total rental outlay of more than ₹1,000 crore, according to documents accessed by Propstack, media reports said.
Cabinet clears Online Gaming Bill to curb betting, set up national regulator for sector
Aug 19, 2025, at 08:46 pm
New Delhi: The Union Cabinet on Tuesday approved the Online Gaming Bill, aimed at regulating the fast-growing digital gaming sector and curbing online betting.
TCS opens new AI-driven operations center in Mexico City, expands Latin America presence
Aug 19, 2025, at 08:40 pm
Mexico City/Mumbai: Tata Consultancy Services (TCS) has launched a new AI-powered operations centre in Mexico City, reinforcing its position as a leading digital transformation partner in Latin America, the company said in a press release on Tuesday.