Business

Israel on way to ink a new trade deal with India

Israel's Minister of Finance, Bezalel Smotrich, who was in India, and India's Finance Minister, Nirmala Sitharaman, signed a Bilateral Investment Agreement (BIA) in New Delhi on Monday.

2025-09-10T12:39:41.570247+00:00 IST

India must reduce its dependence on imported fuels: Nitin Gadkari

Union Minister for Road Transport and Highways Nitin Gadkari, on Wednesday, said that India must reduce its dependence on imports by focusing on alternative fuels, including biofuels, hydrogen and electric mobility, while also highlighting experiments being done with ethanol and isobutanol.

2025-09-10T12:18:15.251409+00:00 IST

India eyes advanced 5-7 nm chips under Semicon 2.0

India is taking its semiconductor mission to an advanced level, with plans to move from 28-nanometre fabs towards the manufacturing of advanced 5-7-nanometre chips, Abhishek Singh, Additional Secretary, Ministry of Information and Technology, said.

2025-09-10T12:13:43.713081+00:00 IST

Micro heart and soul of India, says PhonePe Lending Services CEO

Noting that the micro merchants are the heart and soul of the country and giving them an identity is important because it enables them to get loan products and financial services, Hemant Gala, CEO, PhonePe Lending Services on Wednesday said that the launch of digital-first Udyam generation through the Udyam Assist Platform (UAP) will create a proof of business for small micro enterprises.

2025-09-10T11:57:33.825217+00:00 IST

Reliance launches relief work in flood-hit Punjab

In the wake of the devastating floods that have swept through Punjab, Reliance has activated a comprehensive humanitarian response in the state.

2025-09-10T11:49:07.762910+00:00 IST

Vodafone moves SC against additional AGR dues raised by DoT

Vodafone Idea has filed a petition in the Supreme Court seeking relief from additional adjusted gross revenue (AGR) demands raised by the Department of Telecommunications (DoT) for the period up to FY 2016-17.

2025-09-10T11:23:21.373137+00:00 IST

MIC Electronics signs MoU with Singapore firm

MIC Electronics Limited on Wednesday announced that it has signed a Memorandum of Understanding (MoU) with Singapore-based Top2 PTE Limited to identify and finalize a semiconductor fabrication partner from Taiwan.

2025-09-10T10:35:10.734081+00:00 IST

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Business

Cabinet approves major infra projects in Bihar

The Cabinet Committee on Economic Affairs, approved the construction of a 4-lane greenfield access-controlled Mokama-Munger section of the Buxar-Bhagalpur High-Speed Corridor.

2025-09-10T09:47:26.234850+00:00 IST

Business

Air India and Air Astana enter codeshare partnership

Air India, one of India's global airlines, and Air Astana, the flag carrier of Kazakhstan, have signed a new codeshare agreement to offer more flight options to travellers, as per a press release.

2025-09-10T09:31:54.274150+00:00 IST

Business

GST cuts will boost consumption by Rs 1 lakh crore in FY26

Consumption in India is expected to register a net gain of nearly Rs 1 lakh crore from September onwards, driven by the recent Goods and Services Tax (GST) rationalisation, according to a report by Bank of Baroda.

2025-09-10T09:18:48.866167+00:00 IST

Business

Gold touches fresh highs, India trading over Rs 1.09 lakhs/gm

Gold prices touched fresh highs on Wednesday, holding above the one lakh mark despite a marginal fall in the domestic market. At the time of filing, gold rates stood at Rs 1,09,440 for 10 grams of 24 karat gold, according to India Bullion rates.

2025-09-10T09:17:11.121843+00:00 IST

Business

PhonePe launches digital-first Udyam assist registration

Fintech firm PhonePe has on Wednesday announced the launch of digital-first Udyam generation through the Udyam Assist Platform (UAP), at an event here in the national capital, in the presence of Union Minister for Micro, Small and Medium Enterprises, Jitan Ram Manjhi.

2025-09-10T08:54:11.191307+00:00 IST

Business

India’s GST reforms to be credit positive for consumption-focused

The goods and services tax (GST) reforms will be credit positive for Indian companies as it will boost consumption and reduce risks of US tariffs, noted global rating agency Fitch in its latest report.

2025-09-10T08:38:51.940302+00:00 IST

Business

India positioned to benefit from shifting global value chains

India is fast emerging as a major beneficiary of global supply chain realignments, according to a new report by the Federation of Indian Chambers of Commerce and Industry (FICCI) and Boston Consulting Group (BCG).

2025-09-10T08:20:56.036114+00:00 IST

Business

World Bank approves $212.6 loan for India coast management

World Bank's Board of Executive Directors have approved a new program to support coastal communities in India, by protecting and conserving ecosystems, reducing plastic pollution and providing more and diverse jobs for people in Tamil Nadu and Karnataka.

2025-09-10T07:46:41.342284+00:00 IST

Business

US tariffs will have limited impact in FY26: Chief Economist

The United States' tariff action on Indian exports may not significantly impact the current financial year, but prolonged duties could affect investment sentiment, Chief Economic Advisor (CEA) to the Government of India, V Anantha Nageshwaran said on Wednesday.

2025-09-10T07:36:14.905351+00:00 IST

Business

Bank credit flow to touch Rs 19 to 20.5 trillion in FY26

Indian banks incremental credit to grow by Rs 19 trillion to 20.5 trillion, translating into a year-on-year growth of 10.4-11.3 per cent according to a report by rating agency ICRA.

2025-09-10T07:21:35.084033+00:00 IST

Business

Fitch Ratings increases global GDP growth outlook but US slowdown

Fitch Ratings has revised its global GDP growth forecast moderately upward to 2.4 per cent for 2025, an increase of 0.2 percentage points from the June outlook.

2025-09-10T07:15:04.632857+00:00 IST

Business

Semiconductor major TSMC reports 33.8% YoY jump in August revenue

Taiwan Semiconductor Manufacturing Company (TSMC) posted strong financial results for August 2025, with consolidated revenue reaching NT$335.77 billion (US$ 10.41 billion).

2025-09-10T07:02:47.547145+00:00 IST

Business

Finland brings world-leading healthcare innovations to India

A high-level delegation of 10 Finnish healthcare companies will travel to India, for the first time, with official engagements in Delhi and Mumbai on 15-19 September 2025. The program includes meetings with leading hospitals, government institutions and industry players to explore joint initiatives.

2025-09-10T06:27:56.619368+00:00 IST

Business

Fitch revised India’s GDP outlook for FY26 to 6.9% from 6.5%

Global rating agency Fitch has revised India's growth outlook for the fiscal year ending March 2026 to 6.9 per cent from its earlier projection of 6.5% in June Global Economic Outlook (GEO).

2025-09-10T06:18:31.888588+00:00 IST