TDK opens ₹3,000 cr lithium-ion battery plant in Haryana to power India’s electronics ecosystem
Sep 04, 2025, at 10:42 pm
Sohna (Haryana): Japanese firm TDK Corporation, which supplies batteries to Apple, opened a Rs 3,000 crore lithium-ion battery plant in Haryana’s Sohna.
Former RBI Governor Urjit Patel appointed IMF Executive Director for 3-yr term
Sep 04, 2025, at 07:21 pm
New Delhi: Former Reserve Bank of India Governor Urjit Patel has been named Executive Director at the International Monetary Fund (IMF) for a three-year tenure, the government announced on Thursday.
Stock market soars after Modi govt's major overhauling of GST structure
Sep 04, 2025, at 12:22 pm
Mumbai/IBNS: The Indian stock market has soared after the central government on Wednesday announced a major overhauling of the GST structure providing support to the middle-class and aiming to fight the 50 percent US tariff, media reports said.
Volvo unveils all-electric EX30 in India, deliveries from October
Sep 04, 2025, at 01:07 am
Kolkata: Volvo Car India on Monday unveiled its latest battery electric vehicle (BEV), the EX30, at its Kolkata dealership, marking a significant step in the automaker’s push to expand its electric line-up in the country.
Sep 03, 2025, at 11:50 pm
New Delhi: The Goods and Services Tax (GST) Council on Wednesday approved a sweeping overhaul of the indirect tax system, collapsing the existing four-rate structure into just two slabs. The long-anticipated rationalisation—seen as a relief for the middle class—abolishes the 12% and 28% categories, leaving only the 5% and 18% slabs.
GST Council cuts tax on footwear, apparel up to ₹2,500
Sep 03, 2025, at 10:35 pm
New Delhi: In a major relief for the footwear and apparel industry, the GST Council on Wednesday approved lowering the tax rate to 5% for items priced up to ₹2,500 per piece, PTI reported.
Sep 03, 2025, at 10:01 pm
New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a ₹1,500 crore incentive scheme aimed at accelerating India’s recycling capacity for extracting and producing critical minerals from secondary sources.
Centre fortifies cotton MSP scheme amid Trump’s tariff blow to textile sector
Sep 03, 2025, at 05:30 pm
New Delhi: In a high-level review chaired by Union Textiles Minister Giriraj Singh, the government reaffirmed its commitment to protect cotton farmers ahead of the Kharif Marketing Season 2025–26, commencing October 1.
Nirmala Sitharaman to chair GST Council meeting: What's likely to get cheaper?
Sep 03, 2025, at 12:45 pm
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman will chair the 58th GST Council meeting on Wednesday or Thursday to give a framework to Prime Minister Narendra Modi's call for GST reforms, media reports said.
Tesla’s India debut slows as Model Y orders fall short of target: Report
Sep 02, 2025, at 10:49 pm
Mumbai: Tesla’s highly anticipated entry into India has suffered a setback right at the onset, as the EV maker secured just over 600 orders for its Model Y since sales began on July 15, Bloomberg reported, citing people familiar with the matter.
India may hike GST on luxury EVs, proposal could hit Tesla, BMW, Mercedes: Report
Sep 02, 2025, at 10:17 pm
New Delhi: An Indian tax panel has recommended steep hikes in consumer levies on luxury electric vehicles (EVs) priced above $46,000, according to a government document reviewed by Reuters.
L&T Semiconductor eyes IPO after hitting $500M revenue milestone: Report
Sep 02, 2025, at 08:03 pm
Mumbai: L&T Semiconductor will consider going public only after crossing $500 million (around ₹4,400 crore) in revenue, chief executive Sandeep Kumar told Financial Express. While he did not specify a timeline, he said the milestone “is expected to take a while.”
Mahindra Auto sells 39,399 SUVs and total volumes of 75,901 in August 2025
Sep 02, 2025, at 07:37 pm
Automobile giant Mahindra & Mahindra Ltd. (M&M Ltd.), one of India’s leading automotive companies,on Tuesday announced that its overall auto sales for the month of August 2025 stood at 75,901 vehicles, a flat growth including exports.
CEAT acquires Michelin Group’s CAMSO Construction Compact Line Business
Sep 02, 2025, at 06:55 pm
CEAT Limited has made a substantial advancement in its Off-Highway Tyres (OHT) growth strategy by officially acquiring Michelin Group’s CAMSO Construction Compact Line Business, including their Sri Lanka-based Midigama plant and Casting Product plant in Kotugoda.
bob Digi Udyam: Bank of Baroda launches cash flow-based digital financing scheme for MSEs
Sep 02, 2025, at 06:42 pm
Public sector lender Bank of Baroda on Tuesday announced the launch of bob Digi Udyam – a digital, collateral-free lending platform offering Micro and Small Enterprises (MSEs) quick access to working capital loans above ₹10 lakh to ₹50 lakh.
TCS inks USD 644 million seven-year deal with Tryg for digital transformation
Sep 02, 2025, at 06:38 pm
Tata Group-owned IT major Tata Consultancy Services has expanded its strategic partnership with Tryg, a leading Scandinavian non-life insurance company that operates in Denmark, Sweden, and Norway.
M1xchange plans expansion in West Bengal
Sep 02, 2025, at 06:32 pm
Kolkata/IBNS: M1xchange, which is one of India’s leading Trade Receivables Discounting System (TReDS) platforms approved by the Reserve Bank of India (RBI), has planned an expansion in West Bengal.
Hisense India strengthens retail footprint with Great Eastern Retail's partnership
Sep 02, 2025, at 06:22 pm
Hisense, a leading global brand in consumer electronics and home appliances, has partnered with Great Eastern Retails, a multi-state electronics retail chain of India.
Syria makes first official oil export in 14 years with 600,000-barrel shipment from Tartus
Sep 02, 2025, at 04:45 pm
Damascus: Syria exported 600,000 barrels of heavy crude oil on Monday from the port of Tartus, marking the country’s first known official oil export in 14 years, a Syrian energy official told Reuters.
PM Modi receives first Made-in-India semiconductor chip in giant step towards Atmanirbhar Bharat
Sep 02, 2025, at 01:26 pm
New Delhi/IBNS: In a big step towards Atmanirbhar Bharat amid tariff war with the US, Prime Minister Narendra Modi on Tuesday received the first domestically produced semiconductor chip.
Semicon India 2025 sends message 'world trusts India, world believes in India': PM Modi
Sep 02, 2025, at 12:38 pm
New Delhi/IBNS: Prime Minister Narendra Modi on Tuesday boasted of "Viksit Bharat" and "Aatmanirbhar Bharat" at the Semicon India 2025.
Ashok Leyland to invest in the battery ecosystem
Sep 01, 2025, at 07:06 pm
Ashok Leyland, the Indian flagship of the Hinduja Group, on Monday announced its plans to invest in development and manufacturing of next-generation batteries, for both automotive and non-automotive applications, including energy storage systems.
TVS Motor Company crosses 5 lakh unit milestone in August
Sep 01, 2025, at 07:00 pm
Automobile major TVS Motor Company recorded monthly sales of 509,536 units in August 2025 with a growth of 30% as against 391,588 units in the month of August 2024.
What is a step-up SIP and how does the SIP calculator with the step-up feature work?
Sep 01, 2025, at 05:43 pm
Investing in mutual funds on a regular basis via Systematic Investment Plans (SIPs) is one of the smartest ways to create wealth over the long term. But what if you could slowly increase your SIP amount every year as your income grows? That is what step-up SIP help you do.
Piyush Goyal says India in talks to build 1 million homes in Australia, seeks UAE funding
Aug 31, 2025, at 04:51 pm
Mumbai: Union Minister Piyush Goyal on Sunday said India is in “deep negotiations” with Australia to build 1 million homes, a project estimated to be worth USD 500 billion, The Economic Times reported.
Aug 30, 2025, at 12:09 pm
Kolkata/IBNS: The Global Collaboration Forum (GCF), which is hosting a thought leadership summit in London in October, has signed a Memorandum of Understanding (MoU) with IIM Calcutta Innovation Park (IIMCIP) to support startups and build an entrepreneurial ecosystem in the country.
India’s Q1 GDP growth surprises at 7.8%, driven by services and manufacturing: SBI report
Aug 29, 2025, at 11:07 pm
New Delhi: India’s economy expanded by 7.8 per cent in the first quarter of FY26, its fastest pace in five quarters and well above consensus expectations, according to the latest SBI Ecowrap.
Gold, silver hit record highs over inflation worries
Aug 29, 2025, at 10:35 pm
Mumbai: Gold and silver surged to all-time highs on Friday, dampening consumer sentiment, jewellers said. At the retail level, gold climbed to ₹1,02,388 per 10 gm, while silver touched ₹1,17,572 per kg, The Economic Times reported.
Reliance, Meta to launch ₹855 cr JV for enterprise AI solutions in India
Aug 29, 2025, at 07:51 pm
Mumbai: Reliance Industries Ltd (RIL) and Meta Platforms Inc. have announced a joint venture to develop and scale enterprise artificial intelligence (AI) solutions for Indian businesses and select overseas markets.
Aug 29, 2025, at 07:29 pm
Mumbai: Reliance Jio Infocomm Ltd, the telecom arm of Reliance Industries Ltd (RIL), will launch India’s largest-ever initial public offering (IPO) in 2026, Chairman and Managing Director Mukesh Ambani said on Friday.