Business
IKEA India opens first store in Delhi
IKEA India has opened its first store in Delhi, setting up shop at Pacific Mall in Tagore Garden, West Delhi. Spanning 15,000 square feet, the store aims to bring the furniture brand closer to homes in Delhi and surrounding areas, offering a mix of products, design ideas, and personalised services.
India set to become world’s most sought-after consumer market
Adani Digital Labs unveils a series of innovations
TSMC to end 6-inch wafer production
Despite high US tariffs, India’s current account deficit below 1%
IBC Amendment Bill 2025, has provisions for faster and efficient
India’s power generating capacity to reach 780GW by FY30
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20 indigenous student-designed chips taped out from SCL Mohali
Highlighting the role of India's young talent in the technology sector, Union Minister of Electronics & Information Technology Ashwini Vaishnaw noted that 20 indigenous student-designed semiconductor chips have been successfully fabricated at the Semi-Conductor Laboratory (SCL) in Mohali.
RBI allows investment of surplus rupee in vostro account
The Reserve Bank of India (RBI) has permitted persons resident outside India holding Special Rupee Vostro Accounts (SRVAs) to invest their surplus rupee balances in central government securities, including treasury bills
Nifty, Sensex open higher on cooling inflation
Indian stock markets opened on a positive note on Wednesday as investor sentiment was lifted by further moderation in domestic inflation and strong global cues.
Probo’s learning ecosystem crosses 60,000 users
With financial literacy and responsible trading gaining momentum across India, Probo expects this number to double, crossing the 1 lakh mark by early 2026.
RBI rate cut in October looks unlikely as inflation set to rise
The Reserve Bank of India (RBI) is unlikely to cut interest rates in its October policy meeting, as inflation in August 2025 is expected to rise above 2 per cent, according to a report by the State Bank of India (SBI).
NRIs' term insurance purchases from India double in last 2 years
Non-Resident Indians (NRIs) are increasingly turning to India for buying term insurance plans, with purchases doubling over the past two years, according to an analysis report by Policybazaar.
Global economy in major problem if Russian oil exports disrupt
If Russian oil exports were to be disrupted, it could create a major problem for the global economy, however, for India, the impact is expected to be limited, according to a report by Bank of Baroda
CapitaLand Investment signs MoU with Maharashtra Government
CapitaLand Investment Limited (CLI), a global real asset manager, has signed a Memorandum of Understanding (MoU) with the Maharashtra Government, indicating its plans to invest over Rs19,200 crores (S$2.83 billion1 ) by 2030 to drive its growth in Mumbai and Pune.
Leaders hail approval of 4 semiconductor plants as game-changer
The Union Cabinet, led by Prime Minister Narendra Modi, has approved four new semiconductor manufacturing projects worth ₹4,600 crore in Odisha, Punjab, and Andhra Pradesh. These projects will significantly boost India's semiconductor ecosystem, promoting self-reliance and positioning the country as a global technology hub.
Odisha Minister hails decision on semiconductor units in state
Sampad Chandra Swain, Minister of Industries and Skill Development of Odisha, expressed his satisfaction as the cabinet approved two semiconductor projects by SicSem Private Ltd and 3D Glass Solutions Inc to be setup in the state, marking a significant step towards making Odisha a hub for advanced technology and manufacturing.
IIT Bhubaneswar to set up research lab in SiCSem
Indian Institute of Technology (IIT) Bhubaneswar will set up a research lab with an investment of Rs 45 crore in the SiCSem semiconductor unit, said Union Information and Technology Minister Ashwini Vaishnaw on Tuesday.
LS okays bill to boost supply, processing of critical minerals
Lok Sabha on Monday passed a bill which seeks to provide a simpler regime for promoting conservation of minerals, zero waste mining and support the objectives of the National Critical Mineral Mission, given the significance of critical and strategic minerals in the development of the country.
India’s top 300 family businesses surpass GDP of Turkey & Finland
Barclays Private Clients and Hurun India have released the second edition of the '2025 Barclays Private Clients Hurun India Most Valuable Family Businesses List', revealing that India's top 300 family businesses control a combined Rs. 134 lakh crore (USD 1.6 trillion) in value, surpassing the GDP of Turkey and Finland.
Direct tax collections dip 3.95% due to rise in tax refunds
India's net direct tax collections for FY 2025-26 stood at Rs 6.64 lakh crore as on August 11, down 3.95 per cent from Rs 6.91 lakh crore collected during the same period last year, Income Tax Department data shows.
Top Story
20 indigenous student-designed chips taped out from SCL Mohali
RBI allows investment of surplus rupee in vostro account
Nifty, Sensex open higher on cooling inflation
Probo’s learning ecosystem crosses 60,000 users
RBI rate cut in October looks unlikely as inflation set to rise
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