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.
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.