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    16th Finance Commission submits report on distribution of taxes
Business

16th Finance Commission submits report on distribution of taxes

The Commission's Chairman Arvind Panagariya, along with Members Annie George Mathew, Manoj Panda, T. Rabi Sankar, Soumyakanti Ghosh and Secretary Ritvik Pandey, met the President on Monday to formally hand over the report.


      Samsung ramps up Taylor chip complex in the US

Samsung ramps up Taylor chip complex in the US

Samsung Electronics is accelerating the development of its new semiconductor fabrication complex in Taylor, Texas, as the company begins relocating employees to a newly completed six-story office hub at the center of the site, The Korea Herald reported on Monday, citing industry sources.

      Semiconductor era will create millions of jobs: Vinod Sharma

Semiconductor era will create millions of jobs: Vinod Sharma

India's shift from electronics assembly to semiconductor-driven manufacturing will sharply boost employment, creating millions of roles across core electronics and allied sectors as deeper value addition and advanced component production expand nationwide, Vinod Sharma, Chairman, National Committee on Electronics Manufacturing, CII, told ANI today.

      Indian economy continues to stand out for its exceptional

Indian economy continues to stand out for its exceptional

Amid heightened global uncertainty driven by disruptive tariff measures and escalating geopolitical tensions, the Indian economy continues to stand out for its exceptional resilience and remains firm and stable against external headwinds. Central to this resilience is the country's financial sector, which by channelling investment, is poised to serve as a catalyst for India's next phase of economic transformation as India advances toward a high-growth trajectory, highlighted by Anuradha Thakur, Secretary, Department of Economic Affairs, Ministry of Finance, during the opening plenary session on "Financing Future Growth" at the CII Financing Summit 2025 held in Mumbai on Monday.

      India needs industry–academia alliance to power India’s chip revo

India needs industry–academia alliance to power India’s chip revo

India's semiconductor ambitions hinge on deeper collaboration between industry and academia, a shift that MeitY believes is essential to turn the country's strong design talent into fully indigenous chip products, Sunita Verma, Scientist-G and Group Coordinator at MeitY, told ANI today.

      cosnova Beauty, RRL partner to bring ‘essence’ to India

cosnova Beauty, RRL partner to bring ‘essence’ to India

Reliance Retail Limited (RRL) has entered into an exclusive distribution partnership with cosnova Beauty, the Germany-based global cosmetics company, to bring 'essence', Europe's No. 1 cosmetics brand by units sold, to the Indian market.

      Cyient, Azimuth launch semiconductor chip with several use cases

Cyient, Azimuth launch semiconductor chip with several use cases

Hyderabad-headquartered Cyient Semiconductors and Azimuth AI jointly announced the launch of a new chip, a power semiconductor chip, for use in smart meter applications, among a wide range of other applications.

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    First tranche of US-India trade deal is near closure: Secretary
Business

First tranche of US-India trade deal is near closure: Secretary

India remains engaged with the United States on the proposed Bilateral Trade Agreement (BTA), and the first tranche of the deal, focused on addressing reciprocal tariffs, is now "near closure", Commerce Secretary Rajesh Agrawal said on Monday while releasing the October trade data.


    India’s exports maintain upward momentum
Business

India’s exports maintain upward momentum

India registered sustained export growth in the first seven months of FY2025, reflecting resilience in the face of global economic uncertainty. According to data released by the Commerce Ministry, India's cumulative exports, combining merchandise and services, are estimated at USD 491.80 billion during April-October 2025, up from USD 469.11 billion in the same period last year, marking a 4.84 per cent growth.


    Ashwini Vaishnaw asks electronics manufacturers to focus on...
Business

Ashwini Vaishnaw asks electronics manufacturers to focus on...

Union Minister for Electronics and IT Ashwini Vaishnaw on Monday laid out a clear roadmap for the next phase of India's electronics manufacturing growth, stressing that industry leaders to focus on three critical areas where they must take the lead.


    Review of LODR norms begins; clarity on NSE IPO to come
Business

Review of LODR norms begins; clarity on NSE IPO to come

Securities and Exchange Board of India (SEBI) Chairperson Tuhin Kanta Pandey on Monday said that the process on the proposed changes to the Listing Obligations and Disclosure Requirements (LODR) regulations has begun, and will involve extensive consultations before a final decision is taken.


    Energy markets brace for volatility as sanctions drive realiance
Business

Energy markets brace for volatility as sanctions drive realiance

A new report by the Oxford Institute for Energy Studies warns that the global effort to cut dependence on Russian gas is creating short-term volatility in pricing, largely due to tightening supply conditions and shifting geopolitical alignments.


    Centre clears 17 more proposals from under ECMS
Business

Centre clears 17 more proposals from under ECMS

The central government has approved applications under the Electronics Component Manufacturing Scheme (ECMS) for another 17 applicants with a total investment of about Rs 7,172 crore, after nodding the first tranche of 7 applicants a few days ago, MeitY Secretary S Krishnan said on Monday.


    FIIs inflows indicate preference to debt over equities in India
Business

FIIs inflows indicate preference to debt over equities in India

Foreign institutional investors (FIIs) have shown a clear preference for debt instruments over equities during the past one year, according to a recent report by the State Bank of India (SBI).


    Self-employment has emerged as strongest engine of job growth
Business

Self-employment has emerged as strongest engine of job growth

Self-employment has emerged as the strongest engine of India's job growth over the past six years, according to HDFC Bank's Employment Trends in India report.


    Despite US sanctions on Russian crude, margins of Indian oil companies to remain firm: Fitch Ratings
Business

Despite US sanctions on Russian crude, margins of Indian oil companies to remain firm: Fitch Ratings

The margins of India's oil marketing companies (OMCs) are unlikely to come under significant pressure despite the United States imposing sanctions on two of Russia's largest crude oil producers, Rosneft and Lukoil, according to a report by Fitch Ratings.


    Global equities to deliver solid long-term returns: Goldman Sachs
Business

Global equities to deliver solid long-term returns: Goldman Sachs

Global equities are set to generate "solid long-term returns despite elevated valuations," Goldman Sachs has said in its latest Global Strategy Paper, forecasting a 10-year annualised return of 7.7 per cent in USD terms for global stock markets.


    Indian PSUs to buy LPG from US for secure and affordable supply
Business

Indian PSUs to buy LPG from US for secure and affordable supply

In a major step towards strengthening India's energy security, Union Minister for Petroleum and Natural Gas Hardeep Singh Puri announced that Indian public sector oil companies have, for the first time, signed a one-year deal to import liquefied petroleum gas (LPG) from the United States.


    Indian markets open in green, heading towards their all-time high
Business

Indian markets open in green, heading towards their all-time high

The Indian stock market is moving closer to their all-time highs recorded in September 2024. It opens in green and experts believe there is a positive sentiment in the domestic market and expectations of global cues are supporting early trade.


    Gen Z Indian teens influencing family buying decisions: Report
Business

Gen Z Indian teens influencing family buying decisions: Report

Parents across India are increasingly validating their everyday decisions based on what their Gen Z teens recommend, as the younger generation rapidly becomes the gateway to household adoption of new-age brands, according to a recent study report by venture capital firm Fireside Ventures.


    RBI’s share in outstanding govt securities rises: SBI Report
Business

RBI’s share in outstanding govt securities rises: SBI Report

The Reserve Bank of India's (RBI) share in the outstanding government securities (G-secs) has seen a noticeable rise over the past year.

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First tranche of US-India trade deal is near closure: Secretary

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India’s exports maintain upward momentum

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Ashwini Vaishnaw asks electronics manufacturers to focus on...

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Review of LODR norms begins; clarity on NSE IPO to come

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Energy markets brace for volatility as sanctions drive realiance

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