Aug 19, 2025, at 07:45 pm
Xiaomi posted a 30.5% rise in second-quarter revenue on Tuesday, lifted by strong smartphone demand in Southeast Asia despite a sluggish global market, Reuters reported.
Maharashtra inks MoUs worth Rs 42,893 cr expected to create 28,558 jobs
Aug 19, 2025, at 06:33 pm
Mumbai: The Maharashtra government on Tuesday signed memoranda of understanding (MoUs) amounting to Rs 42,893 crore with multiple companies for projects in data centres and solar energy.
Cabinet clears Rs 1,507 cr greenfield airport at Kota-Bundi, Rs 8,307 cr ring road in Odisha
Aug 19, 2025, at 05:56 pm
New Delhi: Union Information and Broadcasting Minister Ashwini Vaishnaw on Tuesday said the government has given its nod to the Airports Authority of India (AAI) for setting up a greenfield airport at Kota-Bundi in Rajasthan, entailing an investment of Rs 1,507 crore.
Air India, Indian Oil sign MoU for supply of sustainable aviation fuel
Aug 19, 2025, at 05:45 pm
Tata Group owned Air India and Indian Oil Corporation Limited (IOCL) today signed a Memorandum of Understanding (MoU) for the supply of Sustainable Aviation Fuel (SAF), marking a major step towards a greener future for Indian aviation.
Reliance Consumer Products forays into healthy beverages with stake in Naturedge
Aug 19, 2025, at 05:29 pm
Bengaluru: Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries, has entered the fast-growing functional beverages segment by acquiring a majority stake in a joint venture with Naturedge Beverages Private Limited.
India's semiconductor market expected to touch USD 100.2 billion in 2032: Report
Aug 19, 2025, at 03:59 pm
A report released by an Indian bank has shown India's semiconductor market, valued at USD 34.3 billion in 2023, is expected to triple to USD 100.2 billion by 2032.
POSCO Group, JSW Steel sign agreement to explore 6 MTPA Integrated Steel Plant in India
Aug 18, 2025, at 06:01 pm
South Korea's POSCO Group and India’s leading steelmaker JSW Steel have signed a non-binding Heads of Agreement (HoA) to jointly explore setting up a 6 million tonnes per annum (MTPA) integrated steel plant in India.
Ather Energy launches 2025 Ather 450X in Sri Lanka
Aug 18, 2025, at 05:12 pm
Ather Energy Limited, India’s leading electric two-wheeler manufacturer, recently announced the launch of the 2025 Ather 450X in Sri Lanka.
Aug 16, 2025, at 12:23 am
New Delhi: The Central government has proposed a sweeping restructuring of the goods and services tax (GST) regime, seeking to abolish the 12% and 28% slabs—a move aimed at easing prices for a wide range of goods and services and boosting economic activity.
Aug 15, 2025, at 11:39 pm
Bengaluru: At its annual ‘Sankalp’ event on Friday, Ola Electric launched its first indigenously developed 4680 Bharat cell battery along with a rare-earth metal-free motor, according to an Economic Times report.
Abhijit Kishore to helm Vodafone Idea as CEO amid high-stakes debt and AGR uncertainty
Aug 15, 2025, at 10:13 pm
Mumbai: Vodafone Idea Ltd (Vi) has appointed Abhijit Kishore as its new Chief Executive Officer and key managerial personnel for a three-year term, effective August 19, 2025.
Rice prices in India spike as exports to Bangladesh surge after duty cut
Aug 15, 2025, at 09:01 pm
Kolkata: India’s rice prices have surged by up to 14% in just two days as traders rush shipments to Bangladesh following its move to allow duty-free imports of 500,000 tonnes.
Godrej Locks posts 14% growth on smart innovation, Bharat push
Aug 14, 2025, at 11:28 pm
Kolkata: Godrej Locks & Architectural Solutions, part of the Godrej Enterprises Group, has reported year-on-year growth of 12–14%, cementing its position as the market leader in both traditional and digital locks, the company said in a press release on Thursday.
S&P Global upgrades India’s rating on strong growth, fiscal discipline
Aug 14, 2025, at 10:14 pm
Mumbai: India’s credit profile received a boost as S&P Global upgraded its ratings, citing the country’s buoyant economic growth, fiscal consolidation push, and improved spending quality.
After outrage, ICICI Bank reduces minimum balance to Rs 15,000 from Rs. 50,000 for savings accounts
Aug 14, 2025, at 12:35 am
After outrage, ICICI Bank has reduced its minimum average balance (MAB) requirements from Rs 50,000 to Rs 15,000 for new customers in urban areas.
Aug 13, 2025, at 10:14 pm
New Delhi: India’s biggest container port, set to transform the country’s maritime trade network, will be jointly inaugurated later this year by Prime Minister Narendra Modi and his Singaporean counterpart Lawrence Wong, The Times of India reported.
Extra 25% US tariff risks making Indian exports unviable, says Crisil
Aug 13, 2025, at 09:38 pm
New Delhi: Following the imposition of a 25 percent levy by the US on Indian goods—linked to India’s Russian oil purchases—the United States is no longer considered a valuable export market for India Inc., according to a Crisil report.
RBI fast-tracks rupee-rouble trade with sweeping settlement reforms
Aug 13, 2025, at 09:05 pm
Mumbai: In a decisive push to bypass the dollar and cut trade bottlenecks, the Reserve Bank of India has cleared the way for faster, easier rupee-rouble settlements with Russia—just as tariff tensions with the US threaten to strain India’s exports, according to a Times of India report.
Finance Minister Nirmala Sitharaman tables IBC overhaul bill in Lok Sabha
Aug 13, 2025, at 08:13 pm
New Delhi: Nearly eight years after the Insolvency and Bankruptcy Code (IBC) promised a clean break from India’s sluggish bankruptcy regime, Finance Minister Nirmala Sitharaman on Tuesday unveiled an amendment bill in the Lok Sabha designed to put speed, value and governance back at the heart of the process.
Vodafone Idea to acquire 26% stake in Aditya Birla renewable SPV for captive power
Aug 13, 2025, at 07:00 pm
Mumbai: Vodafone Idea shares dipped 1.08% on Tuesday after the company said it would buy a 26% stake in Aditya Birla Renewables SPV 3 to secure renewable energy for its captive power needs, The Financial Express reported.
Aug 13, 2025, at 06:34 pm
New Delhi: In a move set to link India’s west coast to Singapore’s clean fuel supply chain, L&T Energy GreenTech (LTEG) has teamed up with Japan’s ITOCHU Corporation to develop a 300,000-tonne-per-annum green ammonia plant at Kandla, Gujarat.
Avadh Sugar posts Q1 loss on weaker margins; seeks ethanol price reform, sugar MSP hike
Aug 12, 2025, at 10:36 pm
Kolkata: Avadh Sugar & Energy Ltd (ASEL) slipped into the red in the June quarter, as lower margins dragged down profitability despite slightly higher revenue.
Magadh Sugar Q1FY26 profit plunges on lower income, eyes ethanol-led growth in 2025-26
Aug 12, 2025, at 10:28 pm
Kolkata: Magadh Sugar & Energy Ltd (MSEL) reported a steep fall in earnings for the quarter ended June 30, 2025, as lower income and operational challenges weighed on performance.
Perplexity makes $34.5bn all-cash bid for Google’s Chrome in bold AI search play
Aug 12, 2025, at 10:07 pm
AI search startup Perplexity has stunned Silicon Valley with an unsolicited $34.5 billion all-cash bid for Alphabet’s Chrome browser — a low yet audacious offer that would require financing well beyond the company’s $14 billion valuation, Reuters reported.
Fareed Zakaria slams Trump’s 50% tariff on India as baffling reversal of US foreign policy
Aug 12, 2025, at 08:41 pm
US President Donald Trump’s 50% tariff on Indian imports is “puzzling” and a “reversal of 25 years of American foreign policy,” political commentator and author Fareed Zakaria has said, warning that the move makes “no sense” and could trigger a global oil shock.
Aug 12, 2025, at 07:51 pm
Mumbai: Two state-run energy companies, Bharat Petroleum Corporation Limited (BPCL) and Oil and Natural Gas Corporation Limited (ONGC), are expected to finalise detailed feasibility reports (DFRs) for their planned greenfield refineries over the next seven to eight months. A final decision on Saudi Arabia’s potential investment in these projects will be taken once the reports are completed, a senior government official told Moneycontrol.
SEBI turns down Anil Ambani’s settlement bid in Yes Bank bond case, penalty could exceed ₹1,828 cr
Aug 12, 2025, at 07:09 pm
Mumbai: Industrialist Anil Ambani is staring at a potential penalty of at least ₹1,828 crore after the Securities and Exchange Board of India (SEBI) declined his proposal to settle allegations linked to investments in Yes Bank’s additional tier-1 bonds, Reuters reported.
Sensex vs Nifty: Understanding India’s Benchmark Indices
Aug 12, 2025, at 06:21 pm
We all know that navigating India’s stock market is like riding a storm; you never know what’s coming next. But no matter who’s talking, your finance-savvy friend or your uncle on a WhatsApp rant, two names always come up: Sensex and Nifty. These two basically run the show. They’re not just random numbers scrolling across your TV. They are the kingmakers. They decide if investors are partying or panicking.
L&T secures over ₹15,000 cr Adani Power contract for 8 thermal units
Aug 12, 2025, at 06:13 pm
Mumbai: Larsen & Toubro (L&T) on Monday announced that it had won an ultra-mega contract from Adani Power to build eight thermal power units, each with a capacity of 800 MW.
Aug 12, 2025, at 05:52 pm
Donald Trump’s 50% tariff threat on India—aimed at forcing New Delhi to ditch Russian oil—has jolted a relationship Washington once nurtured as a bulwark against China, putting billions in trade and years of goodwill at risk, while raising a crucial question: can India afford to halt Russian oil imports? Former RBI Governor Raghuram Rajan says it “wouldn’t be a disaster,” but warns of a “bigger issue” that could be politically explosive.