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    Piyush Goyal meets steel, engineering sector leaders
Business

Piyush Goyal meets steel, engineering sector leaders

Union Commerce and Industry Minister Piyush Goyal held a high-level meeting with major steel producers in Mumbai on Saturday.


      India’s domestic demand shields economy from tariff impact: BoB

India’s domestic demand shields economy from tariff impact: BoB

India's reliance on domestic consumption rather than exports is a key strength in navigating the recently imposed reciprocal tariff, said Madan Sabnavis, Chief Economist at Bank of Baroda.

      M&M acquires 58.96 per cent stake in SML Isuzu Ltd

M&M acquires 58.96 per cent stake in SML Isuzu Ltd

Mahindra & Mahindra Ltd. (M&M) have acquired 58.96 per cent stake in SML Isuzu Ltd. (SML) from Sumitomo Corporation, Japan and Isuzu Motors Limited, the company said in a statement on Saturday.

      Agriculture-GVA growth to moderate to 4.5% in Q1 FY26: ICRA

Agriculture-GVA growth to moderate to 4.5% in Q1 FY26: ICRA

The estimates are down from 5.4 per cent in the previous quarter. An increase or decrease in Agri-GVA impacts rural incomes, consumption, and overall economic growth, the report said.

      FPIs pullout Rs 17741 cr from Indian equities in July

FPIs pullout Rs 17741 cr from Indian equities in July

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, with a total outflow of Rs -17,741 crore, according to data released by NSDL.

      Residential launches dip by 5% in H1 CY25

Residential launches dip by 5% in H1 CY25

India's residential real estate sector has witnessed a slowdown in new project launches, with the number of units introduced in the first half of calendar year 2025 (H1 CY'25) falling to approximately 2.6 lakh, compared to around 3 lakh units during the same period last year.

      SEBI dedicated to safeguard market integrity and sustain capital

SEBI dedicated to safeguard market integrity and sustain capital

The financial frauds in Indian capital markets have ranged from simple diversion of shareholder funds to the use of complex structures and transactions to bypass regulatory safeguards, SEBI Chairman Tuhin Kanta Pandey said on Friday.

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    Banks' credit growth to remain low as corporates using other fund
Business

Banks' credit growth to remain low as corporates using other fund

Credit growth of banks in the country is likely to remain low as corporates continue to opt for alternative methods of funding in the current low-interest rate environment, according to a report by the State Bank of India (SBI).


    RBI may announce 25 bps rate cut in August to boost credit growth
Business

RBI may announce 25 bps rate cut in August to boost credit growth

The Reserve Bank of India (RBI) is expected to announce a 25 basis points (bps) repo rate cut in the upcoming Monetary Policy Committee (MPC) meeting scheduled from August 5 to 7, according to a report by the State Bank of India (SBI).


    Crude oil prices may surge to USD 80 per barrel
Business

Crude oil prices may surge to USD 80 per barrel

Brent crude oil prices are expected to rise to USD 80 per barrel in the coming months as tensions between the United States and Russia threaten to disrupt the global oil supply chain, highlighted oil market experts in conversation with ANI.


    India’s semiconductor mission paves way for digital sovereignty
Business

India’s semiconductor mission paves way for digital sovereignty

In a significant stride towards establishing digital sovereignty, the central government's ambitious semiconductor mission is being hailed as a transformative step in securing the country's control over its digital infrastructure.


    US, European stock markets tumble on Trump’s tariff move
Business

US, European stock markets tumble on Trump’s tariff move

US stock markets faced heavy selling pressure on Friday (local US time) after President Donald Trump implemented fresh reciprocal tariffs on 70 countries, including India.


    India’s textile sector faces tariff challenge: GTRI founder
Business

India’s textile sector faces tariff challenge: GTRI founder

With the US administration under President Donald Trump imposing 25 per cent tariffs on Indian goods plus an unspecified 'penalty', India's textile and garment sector is likely to face stiff competition from Bangladesh and Vietnam, who have been hit with comparatively lower tariffs, Ajay Srivastava, founder of trade think tank Global Trade Research Initiative (GTRI), has said.


    Reliance Infra denies media reports of fund diversion
Business

Reliance Infra denies media reports of fund diversion

Reliance Infrastructure Limited has denied allegations of fund diversion and said it has informed stock exchanges that it had publicly disclosed the company's financial statements.


    India ramps up shipbuilding capability
Business

India ramps up shipbuilding capability

India's shipbuilding industry is undergoing a transformational shift, as the Union Government under Prime Minister Narendra Modi accelerates efforts to build a world-class maritime ecosystem--paving the way for a Viksit Bharat by 2047, asserted Sarbananda Sonowal, the Union Minister of Ports, Shipping & Waterways (MoPSW).


    India’s economic strength will withstand US tariff shock: Experts
Business

India’s economic strength will withstand US tariff shock: Experts

Experts from across Indian industries have expressed confidence in the resilience of the Indian economy amid the US President Donald Trump's decision to impose a 25 per cent tariff on Indian goods, describing the move as impactful in the short term but unlikely to dent India's long-term economic growth story.


    IDBI Bank disinvestment: Financial bids expected in Q3
Business

IDBI Bank disinvestment: Financial bids expected in Q3

The government expects to invite financial bids for IDBI Bank disinvestment in the third quarter of the current financial year, with the selection of the winning bidder likely by the end of 2025-26, Department of Investment and Public Asset Management (DIPAM) Secretary Arunish Chawla said on Friday.


    Pharma biz ready with contingency plans faced with US tariffs
Business

Pharma biz ready with contingency plans faced with US tariffs

Indian pharmaceutical manufacturers are preparing a two-pronged strategy to offset the impact of the soon-to-be-effective 25 per cent US tariff on Indian goods, which includes drug exports, with industry experts anticipating that the move could significantly raise medicine costs in the American market.


    GST collections jump 7.5% in July to Rs 1.95 lakh crore
Business

GST collections jump 7.5% in July to Rs 1.95 lakh crore

The Goods and Services Tax (GST) collections in July, in gross terms, rose over 7.5 per cent to about 1.95 lakh crore compared to about 1.82 lakh crore in the same month last year, according to official data released Friday.


    Sugar export approval, diversion for ethanol should be announced
Business

Sugar export approval, diversion for ethanol should be announced

He stated that without these measures, excess sugar supply could lead to a domestic glut, resulting in falling prices and significantly impacting the profitability and operational viability of the industry.


    India must diversify export markets, strengthen service economy
Business

India must diversify export markets, strengthen service economy

Speaking about the challenges facing India's export-dependent sectors, Dawra highlighted concerns for labour-intensive industries, including electronics, jewellery, pharmaceuticals, textiles, and leather goods, that could be significantly impacted by changing trade dynamics.

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Banks' credit growth to remain low as corporates using other fund

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RBI may announce 25 bps rate cut in August to boost credit growth

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Crude oil prices may surge to USD 80 per barrel

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India’s semiconductor mission paves way for digital sovereignty

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US, European stock markets tumble on Trump’s tariff move

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