Business

OIL and BPCL execute JV agreement for city gas distribution in Ar

Oil India Limited (OIL) and Bharat Petroleum Corporation Limited (BPCL), both Maharatna Public Sector Enterprises, on Tuesday formalised a Joint Venture Agreement (JVA) at the BPCL Corporate Office to establish a Joint Venture Company (JVC).

2025-08-26T14:16:11.606869+00:00 IST

CITI urges government for immediate support as US tariff deadline

With the United States set to impose a steep 50 per cent tariff on Indian textile and apparel exports starting August 27, the Confederation of Indian Textile Industry (CITI) has called for urgent government intervention to mitigate the impact on the sector.

2025-08-26T14:04:19.437398+00:00 IST

India must secure critical minerals through mining self-reliance

India needs to work on a two-pronged strategy to secure a strategic position in the critical mineral space, said Abhishek Bhatia, Managing Director and Partner, Boston Consulting Group (BCG).

2025-08-26T14:04:12.788153+00:00 IST

Maruti Suzuki will export e-Vitara to more than 100 countries

Maruti Suzuki is set to export its upcoming electric SUV, the e-Vitara, to more than 100 countries from its Gujarat plant, marking a major milestone for India's auto industry and the company's global strategy.

2025-08-26T13:18:31.656571+00:00 IST

MSE successfully completes Rs 1000 crores capital raise

According to a company statement, this achievement represents a pivotal step forward in the Exchange's strategic journey to fortify its market position.

2025-08-26T12:51:55.083886+00:00 IST

Indian indices tumble as secondary tariff deadline nears

The Indian stock market on Tuesday witnessed a sharp sell-off after the Trump administration issued a notification to impose an additional 25 per cent tariff on Indian imports. The secondary tariffs will come into effect from August 27 and take the total tariff on Indian goods to 50 per cent.

2025-08-26T11:37:49.484592+00:00 IST

BRICS CCI WE announces 3rd edition of Global Women Leadership Pro

The Women Empowerment vertical of the BRICS Chamber of Commerce and Industry (BRICS CCI WE) has announced the third edition of its flagship Global Women Leadership Programme (GWLP). The programme seeks to provide mentorship to women in business and professional fields from BRICS+ nations and partner countries.

2025-08-26T11:07:41.802465+00:00 IST

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Business

States raise Rs 28,892 crore via government securities auction

States and Union Territories mobilized Rs 28,892 crore through the auction of State Government Securities (SGS) on Tuesday, according to the Reserve Bank of India (RBI). However, the total notified amount for the auction was Rs 34,150 crore, but bids worth nearly Rs 5,258 crore were not accepted. RBI's auction results showed major contributions from states like Madhya Pradesh, Rajasthan, Kerala, and West Bengal, while Maharashtra refrained from accepting any bids in its four proposed issuances.

2025-08-26T10:07:15.890161+00:00 IST

Business

India’s garment industry growth to halve to 3–5% this fiscal

Revenue growth of India's readymade garment (RMG) industry is set to nearly halve on-year this fiscal to 3-5 per cent as the imposition of 50 per cent tariffs by the US on its imports from India becomes effective from 27th August 2025, Crisil Ratings said in a report.

2025-08-26T10:06:46.159380+00:00 IST

Business

Suzuki Motors will invest Rs 70,000 crore in India in next 5-6 years

Japanese automotive major Suzuki Motors will invest Rs 70,000 crore in India in next 5-6 years, said Director and President Toshihiro Suzuki on Tuesday.

2025-08-26T09:16:23.244501+00:00 IST

Business

“Tariffs are obstacle to free trade”says deputy envoy of Germany

Georg Enzweiler, Deputy Head of Mission, German Embassy in India, said that Germany would always be in favour of reducing tariffs to the minimum levels, reacting to the reciprocal tariffs imposed by US President Donald Trump.

2025-08-26T08:30:14.186046+00:00 IST

Business

RBI launches Consumer Confidence Surveys for Rural and Urban area

The Reserve Bank of India (RBI) has begun the September 2025 round of its Urban Consumer Confidence Survey (UCCS) and Rural Consumer Confidence Survey (RCCS), inviting households across the country to share their views on the economy, jobs, income, prices, and spending. These surveys provide valuable insights for RBI's monetary policy decisions.

2025-08-26T08:24:50.053848+00:00 IST

Business

US, India reaffirm commitment to energy security partnership at I

Amid ongoing tariff issues, Xiaobing Feng, Principal Commercial Officer at the US Embassy in India, on Tuesday reaffirmed the US commitment to work with India in many sectors, specifically in the energy security partnership.

2025-08-26T07:59:03.578951+00:00 IST

Business

RBI launches survey to gauge inflation expectations of households

The Reserve Bank of India (RBI) has launched the September 2025 round of its Inflation Expectations Survey of Households (IESH), inviting responses from households across 19 cities to capture their views on price movements and inflation in India.

2025-08-26T07:45:55.951985+00:00 IST

Business

India Inc. to post modest 5-6% revenue growth in Q2 FY26

India Inc. is expected to report a modest year-on-year revenue growth of 5-6 per cent in the second quarter of FY2026, compared with 5.5 per cent growth recorded in Q1 FY2026, according to a report by ICRA.

2025-08-26T07:14:27.672150+00:00 IST

Business

RBI to auction Rs 32,000 crore worth of government securities

The Reserve Bank of India (RBI) on Monday announced that the Government of India will conduct the sale (re-issue) of two dated securities aggregating Rs 32,000 crore through auctions scheduled for August 29, 2025.

2025-08-26T06:18:57.950376+00:00 IST

Business

Ola electric gets PLI certification for its Gen 3 scooters

Ola Electric on Monday announced that it has received certification for compliance with the eligibility assessment requirements under the Production Linked Incentive (PLI) Scheme for the automobile and auto components sector for its Gen 3 scooter portfolio.

2025-08-26T06:06:03.806981+00:00 IST

Business

India’s Labour intensive sectors brace for 70% export collapse

The exports of the labour intensive sectors in the country brace for a collapse of up to 70 per cent as US tariffs set to take effect, according to a report by the Global Trade Research Initiative (GTRI).

2025-08-26T05:49:35.209552+00:00 IST

Business

"At age 42 want to be like 32-yr-old" EaseMyTrip founder

EaseMyTrip founder and chairman Prashant Pitti has opened up about his fitness journey, revealing that he has managed to reverse his biological age by 5.7 years through a combination of Ayurveda, HIRT weight training, and strict discipline. At 42, Pitti says he now feels and functions like a 32-year-old and hopes to continue maintaining this lifestyle.

2025-08-26T05:27:27.101886+00:00 IST

Business

Probo urges users to withdraw balance following discontinuation

Post announcement related to the discontinuation of Real-Money Gaming (RMG) services in light of recent regulatory developments under the Online Gaming Act, Probo urges its users to promptly withdraw any remaining balance and complete their KYC (Know Your Customer) verification in case they have not already.

2025-08-26T05:01:20.725491+00:00 IST

Business

Sensex down 300 points, Nifty opens in red on US' 50% tariffs

Indian stock markets opened under pressure on Tuesday as the United States Customs Department went ahead with the decision to impose 50 per cent tariffs on Indian goods and published a draft notice.

2025-08-26T04:00:17.301369+00:00 IST