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    India will have a GDP loss of 50 bps if US applies 20 pc
Business

India will have a GDP loss of 50 bps if US applies 20 pc

In a simulated scenario assessing the potential economic impact of a 20 per cent flat tariff on Indian exports to the United States, the State Bank of India report predicts a loss of 50 basis points (bps) to India's GDP.


      Lulu Group to soon expand operations to Nagpur

Lulu Group to soon expand operations to Nagpur

Lulu Group International is soon set to expand its business in India with new shopping malls in Nagpur.

      Tesla begins hiring in India

Tesla begins hiring in India

On Monday, the electric vehicle (EV) giant posted a job listing on LinkedIn for the position of Consumer Engagement Manager in the Mumbai Metropolitan Region. The role is a full-time, on-site position, indicating Tesla's commitment to building a direct presence in the country.

      Qatar focusing on growing economic ties with India beyond Oil

Qatar focusing on growing economic ties with India beyond Oil

Qatar is keen to expand its economic partnership with India beyond the traditional oil and gas sector, focusing on new business opportunities and investments, said Dr Ahmed Bin Mohammed Al Sayed, Minister of State for Foreign Trade Affairs, Qatar.

      Despite opening in green after eight trading sessions

Despite opening in green after eight trading sessions

Indian stock markets opened flat on Monday as foreign portfolio investor (FPI) outflows continued to weigh on sentiment

      India and Qatar complement each other, not in competition: Goyal

India and Qatar complement each other, not in competition: Goyal

Union Minister of Commerce and Industry Piyush Goyal emphasized that India and Qatar are not competitors but rather complement each other in various sectors.

      Indian Rupee likely to trade in 86.5-87.5/USD range in near term

Indian Rupee likely to trade in 86.5-87.5/USD range in near term

The Indian Rupee (INR) is expected to trade within the range of 86.5 to 87.5 per US dollar in the near term, with the Reserve Bank of India (RBI) likely to keep its intervention limited, according to a recent report by Bank of Baroda.

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    India, Italy hold discussion to strengthen collaboration
Business

India, Italy hold discussion to strengthen collaboration

India and Italy held discussions in New Delhi to enhance collaboration in key sectors such as agriculture, defence, space, infrastructure, and transport.


    Piyush Goyal discusses growth potential in shipping, logistics
Business

Piyush Goyal discusses growth potential in shipping, logistics

Commerce Minister Piyush Goyal had a productive meeting with Soren Toft, CEO of Mediterranean Shipping Company (MSC), and Deepak Tewari, MD, MSC Agency India.


    India-Qatar Joint Business Forum to be held on Tuesday
Business

India-Qatar Joint Business Forum to be held on Tuesday

India and Qatar are set to strengthen their economic and trade ties with the India-Qatar Joint Business Forum, scheduled for February 18, 2025, in New Delhi.


    Nirmala Sitharaman lauds CBIC for duty rationalisation exercise
Business

Nirmala Sitharaman lauds CBIC for duty rationalisation exercise

Speaking at International Customs Day 2025, finance minister Sitharaman said the CBIC team has been working very hard to rationalize the customs duties for the last two years.


    Adani Foundation commits Rs 2,000 crore for 20 schools
Business

Adani Foundation commits Rs 2,000 crore for 20 schools

The Adani Foundation has collaborated with GEMS Education, a global leader in private K-12 education, to establish temples of education across the country.


    UAE-based Ducab Metals Business aims to double export to India
Business

UAE-based Ducab Metals Business aims to double export to India

India accounts for 25 per cent of its global exports, with the company set to double its presence in 2025, by tapping into India's industrial transformation.


    Stock market rebounds at close
Business

Stock market rebounds at close

The BSE Sensex closed 57.65 points higher at 75,996.86, while the NSE Nifty gained 30.25 points, settling at 22,959.50.


    FM Sitharaman launches Mutual Credit Guarantee Scheme for MSMEs
Business

FM Sitharaman launches Mutual Credit Guarantee Scheme for MSMEs

Finance Minister Nirmala Sitharaman on Monday launched the Mutual Credit Guarantee Scheme for MSMEs (MCGS - MSME) for facilitating loans upto Rs.100 crore to MSMEs for the purchase of machinery or equipment without collateral.


    India-US taking steps to strengthen economic ties
Business

India-US taking steps to strengthen economic ties

One of the major announcements was "Mission 500," an ambitious goal to double bilateral trade to $500 billion by 2030. This initiative underscores the commitment of both nations to enhancing economic cooperation and leveraging mutual strengths to drive trade growth.


    Government actively considering raising deposit insurance limit
Business

Government actively considering raising deposit insurance limit

Deposit insurance, as we know it today, was introduced in India in 1962. India was the second country in the world to introduce such a scheme, the first being the US in 1933. Banking crises and bank failures worldwide underscored the need for depositor protection.


    India's crude steel capacity needs 8 pc CAGR to meet Govts target
Business

India's crude steel capacity needs 8 pc CAGR to meet Govts target

India's crude steel capacity must grow at a compounded annual growth rate of 8 per cent to meet Governments Steel target of 300 million metric tonnes (mn MT) by 2030, according to a report by HDFC Securities.


    India's exports surge to $74.97 bn in January 2025
Business

India's exports surge to $74.97 bn in January 2025

Commerce Secretary Sunil Barthwal highlighted the robust export performance during April 2024 to January 2025, stating, "Our exports during April-Jan has seen a growth of 7.21 percent. During April-Jan we have witnessed USD 46 bn Dollar increase from the last year same period. During the same period our Merchandise exports earned USD 5 bn Dollar."


    Campa partners with JioStar as ‘Co-Powered by’ sponsor on IPL
Business

Campa partners with JioStar as ‘Co-Powered by’ sponsor on IPL

As the TATA Indian Premier League (IPL) continues to reign supreme as the nation's most-watched sporting event, Campa from Reliance Consumer Products Limited (RCPL), in partnership with JioStar, is set to elevate its brand presence as a co-powered sponsor across both TV and digital platforms for TATA IPL 2025.


    Tax relief should not be seen as shifting focus from capex: FM
Business

Tax relief should not be seen as shifting focus from capex: FM

Keeping people earning up to Rs 12 lakh annually out of the income tax ambit has triggered a debate that the government has shifted focus to boosting consumption after the two consecutive quarter GDP figures showed tepid growth.

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India, Italy hold discussion to strengthen collaboration

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Piyush Goyal discusses growth potential in shipping, logistics

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India-Qatar Joint Business Forum to be held on Tuesday

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Nirmala Sitharaman lauds CBIC for duty rationalisation exercise

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Adani Foundation commits Rs 2,000 crore for 20 schools

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