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    India’s BoP to remain negative for the year: Report
Business

India’s BoP to remain negative for the year: Report

Despite improvements in the current account deficit, muted net foreign direct investment (FDI) and continued outflow of foreign portfolio investment (FPI) suggest that the overall balance of payments (BoP) will continue to face pressure, said a report by ICICI Bank Global Markets.


      Fitch Ratings sharply cuts world growth forecast because of US im

Fitch Ratings sharply cuts world growth forecast because of US im

President Donald Trump's reciprocal tariffs have started a global trade war and it will reduce not only the growth of the United States (US) and the world but also push up inflation and delay Federal Reserve rate cuts in US according to a report by Fitch Ratings.

      MeitY and DFI partner to launch India’s largest drone innovation

MeitY and DFI partner to launch India’s largest drone innovation

The Ministry of Electronics and Information Technology (MeitY), in collaboration with the Drone Federation India (DFI), launched NIDAR--the National Innovation Challenge for Drone Application and Research--under the SwaYaan initiative.

      Indian stock markets open higher, boosted by continued gains in US indices

Indian stock markets open higher, boosted by continued gains in US indices

The Indian equity benchmarks opened higher on Wednesday, trading in green for the third consecutive day amid mixed global cues.

      Feb trade surplus suggests a sharp downside risk to India's CoD

Feb trade surplus suggests a sharp downside risk to India's CoD

India's current account deficit is likely to see a sharp downside risk for FY25 GDP, as seen in the sharp positive surprise in February trade data according to a report by the Union Bank of India (UBI). India's trade deficit for February 2025 has seen a rare surplus of USD 4.4 billion.

      Indian renewable energy sector may face regulatory actions, like

Indian renewable energy sector may face regulatory actions, like

The Indian renewable energy (RE) sector may soon face regulatory pressures taking cues from Europe and China to combat emerging challenges such as grid disturbances, subsidy-driven incentives, and negative energy prices, according to a report by JM Financial.

      Municipal bond issuances in India to exceed Rs 1,500 crore

Municipal bond issuances in India to exceed Rs 1,500 crore

Municipal bond issuances in India are expected to raise more than Rs 1,500 crore in the Financial Year (FY) 2025-FY2026, primarily driven by the Government's push, according to a report by ICRA.

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    Industry body ISMA sees sufficient sugar availability
Business

Industry body ISMA sees sufficient sugar availability

Indian sugar industry body ISMA affirmed on Tuesday the stable and sufficient availability of sugar for the ongoing 2024-25 (October--September) marketing season, dispelling any concerns about potential shortages and supply constraints.


    Slumberzone enters India with proposed plant in Hyderabad
Business

Slumberzone enters India with proposed plant in Hyderabad

As part of its entry into India's USD 2.5 billion mattress market, Slumberzone announced on Tuesday it will establish its first manufacturing unit in Hyderabad, Telangana, with an investment of Rs 100 crore.


    India, New Zealand working on a comprehensive FTA: Goyal
Business

India, New Zealand working on a comprehensive FTA: Goyal

Commerce Minister Piyush Goyal said while addressing the CEOs of India and New Zealand in New Delhi on Tuesday that India and New Zealand are working to finalize a comprehensive and mutually beneficial Free Trade Agreement.


    Centre seeks suggestions from stakeholders for new tax bill
Business

Centre seeks suggestions from stakeholders for new tax bill

Regarding the Income Tax Bill 2025, which was introduced in Parliament and is currently under examination by the Select Committee for detailed consideration, stakeholders are encouraged to continue submitting their suggestions on its provisions.


    Sonowal flags off L&T-made electrolysers for Kandla port
Business

Sonowal flags off L&T-made electrolysers for Kandla port

In a step towards energy transition and achieving the objectives of the National Green Hydrogen Mission, Union Minister Sarbananda Sonowal on Tuesday virtually flagged off the Electrolysers manufactured by L&T under "Make-in-India" for a 1 MW Green Hydrogen Plant being set up at Deendayal Port Authority, Kandla.


    India, Mauritius join hands to trade in local currencies
Business

India, Mauritius join hands to trade in local currencies

The two leaders had agreed to facilitate trade settlements in local currencies--Indian Rupee and Mauritian Rupee--which would help derisk bilateral trade.


    After Tata Motors & Maruti Suzuki, Kia announces price hike
Auto

After Tata Motors & Maruti Suzuki, Kia announces price hike

After Tata Motors and Maruti Suzuki, Kia India has now decided to raise car prices across its entire product range. It announced a 3 per cent price hike in a statement on Tuesday.


    Mumbai Airport proposes to collect fee from departing passengers
Business

Mumbai Airport proposes to collect fee from departing passengers

Mumbai International Airport has proposed to collect a User Development Fee (UDF) of Rs 325 for departing domestic passengers and Rs 650 for departing international travellers to enable it to undertake infrastructure development and technological enhancement projects at the airport.


    Goyal vets New Zealand proposal of completing FTA in 60 days
Business

Goyal vets New Zealand proposal of completing FTA in 60 days

"So we are an aspirational two friends working together in a spirit of cooperation, respecting each other's sensitivities. And we will be aspiring to do this equally fast, maybe faster," Piyush Goyal told reporters, on the sidelines of the FICCI-organised 'India-New Zealand Economic Forum', while New Zealand's Minister of Trade and Investment Todd McClay was standing next to him.


    India stock market surges for the second day
Business

India stock market surges for the second day

Indian stock indices surged for the second day. At the day's closing, the Sensex was up 1,131.31 points or 1.53 per cent at 75,301.26 points, and the Nifty was up 325.55 points or 1.45 per cent at 22,834.30 points.


    India's imports of solar cells and modules declined in 2024-25
Business

India's imports of solar cells and modules declined in 2024-25

Several factors, including the expansion of domestic manufacturing capacity and the government's proactive measures, have over the past years contributed to a positive change in India's overall solar landscape.


    Tata Motors announces price hike for PV and EV
Auto

Tata Motors announces price hike for PV and EV

The company stated that the price increase is necessary to partially offset the impact of rising input costs, with the extent of the hike varying based on the specific model and variant.


    India remains a high-growth real estate market in Asia Pacific
Business

India remains a high-growth real estate market in Asia Pacific

Within the Asia Pacific region, India continued to exhibit strong momentum with the second half of 2024 witnessing a robust jump in real estate investments.


    Mahindra Adventures Empowers Women with desert drive
Auto

Mahindra Adventures Empowers Women with desert drive

In an initiative to empower women drivers and enhance their off-road driving skills, Mahindra Adventures organized the "Women with Drive - Sands of Fury" event in Rajasthan.

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Industry body ISMA sees sufficient sugar availability

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Slumberzone enters India with proposed plant in Hyderabad

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India, New Zealand working on a comprehensive FTA: Goyal

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Centre seeks suggestions from stakeholders for new tax bill

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Sonowal flags off L&T-made electrolysers for Kandla port

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