China tightens grip on rare earths with export curbs on seven critical metals
Apr 16, 2025, at 10:32 pm
Beijing: Rare earth minerals—used in everything from nuclear fuel rods and smartphones to fighter jets—have become a powerful tool in China's escalating trade standoff with the United States, Bloomberg reports.
Wipro Q4 profit jumps 26% YoY to ₹3,570 cr, but revenue growth remains tepid
Apr 16, 2025, at 08:14 pm
Mumbai: Wipro reported a net profit of ₹3,570 crore for the fourth quarter of FY25, marking a 25.9% rise year-on-year and a 6.4% sequential increase, media reports said.
Jupiter International Ltd secures ₹500 cr investment to boost solar manufacturing
Apr 16, 2025, at 08:05 pm
Kolkata: Photovoltaic solar cells manufacturer Jupiter International announced Wednesday that it has secured a ₹500 crore investment from ValueQuest SCALE Fund and its affiliates.
India’s inland water cargo hits record 145.5 MT in FY25
Apr 16, 2025, at 07:59 pm
Guwahati: India's inland water transport (IWT) sector clocked its highest-ever cargo throughput in FY2024–25, with 145.5 million tonnes (MT) moved across the National Waterways (NWs), media reports said.
SBI Card, Tata Digital partner to launch Tata Neu SBI Card
Apr 16, 2025, at 07:28 pm
SBI Card, a pure-play credit card issuer, in partnership with Tata Digital announced the launch of Tata Neu SBI Card on Wednesday.
FIIs end 9-day selling streak, buy ₹6,065 cr in Indian equities amid tariff volatility: Report
Apr 16, 2025, at 04:56 pm
Mumbai: Foreign institutional investors (FIIs) made a strong return to Indian equities on April 15, purchasing shares worth ₹6,065.78 crore, Business Standard reported, citing NSE data.
Apple airlifted iPhones worth $2 billion from India ahead of Trump's tariff announcement: Report
Apr 16, 2025, at 12:28 am
Apple's main India suppliers, Foxconn and Tata, shipped nearly $2 billion worth of iPhones to the United States in March, which is an all-time high record, ahead of President Donald Trump's sweeping tariff announcement, media reports quoting customs data said.
IEA slashes 2025 oil demand forecast by 300,000 b/d amid global trade tensions
Apr 15, 2025, at 11:04 pm
The International Energy Agency (IEA) has sharply reduced its forecast for global oil demand growth in 2025 by 300,000 barrels per day (b/d), revising it down to 730,000 b/d, media reports said.
Apr 15, 2025, at 09:00 pm
New Delhi: The ongoing US-China trade war has triggered a spike in Chinese goods entering India, prompting domestic industries to urge the government to impose anti-dumping duties, according to a Business Standard report.
India’s retail inflation dips to 3.34% in March, lowest since Sept 2019
Apr 15, 2025, at 08:41 pm
New Delhi: India’s retail inflation dropped to 3.34% year-on-year in March, marking the lowest level since September 2019, as per government data released on Tuesday.
India, US finalise first-phase trade pact terms amid tariff tensions and ‘Mission 500’ push
Apr 15, 2025, at 06:16 pm
New Delhi: India and the United States have concluded the terms of reference for the initial stage of a bilateral trade agreement, according to a report by Reuters citing an Indian trade official.
Andhra Pradesh offers TCS land in Vizag for 99 paisa to woo major tech investment
Apr 15, 2025, at 05:26 pm
Amravati: In a strategic move to attract major IT investments, the Andhra Pradesh government has allotted 21.16 acres of land in Visakhapatnam to Tata Consultancy Services (TCS) for a token price of just 99 paisa, media reports said.
Blue Star launches diverse range of 150 models of room ACs
Apr 14, 2025, at 06:39 pm
Kolkata/IBNS: Blue Star Limited has launched a diverse range of 150 models of room air conditioners.
Ultraviolette Automotive unveils world's most advanced electric scooter and motorcycle in Kolkata
Apr 14, 2025, at 06:33 pm
Kolkata/IBNS: Ultraviolette Automotive has introduced two new electric vehicles to the Indian market, Tesseract electric scooter and Shockwave motorcycle.
Apr 14, 2025, at 06:27 pm
Kolkata/IBNS: Former Union Minister Smriti Irani addressed the young leaders and uprising entrepreneurs and future change makers who have not only held positions but also created large-scale systems and frameworks that continue to shape India's future, at an event organised by Young Leaders Forum of the Indian Chamber of Commerce earlier this month.
Apple ramps up India iPhone production to $22 billion, deepens shift from China: Report
Apr 13, 2025, at 04:50 pm
Bengaluru: Apple Inc. assembled $22 billion worth of iPhones in India in the year through March 2025, marking a nearly 60% year-on-year jump as the tech giant steps up efforts to diversify beyond China, Bloomberg reported.
UPI outage disrupts digital transactions in India
Apr 12, 2025, at 03:14 pm
New Delhi/IBNS: The digital transactions of many users came to a halt after an outage in the Unified Payments Interface (UPI) across India on Saturday, media reports said.
Smartphones become India’s top export as shipments cross ₹2 lakh cr in FY25: Report
Apr 11, 2025, at 11:57 pm
New Delhi: India’s mobile phone exports have reached a record-breaking ₹2,00,000 crore in the financial year 2024-25, marking a 55% rise from ₹1,29,000 crore in FY24, Moneycontrol reported, citing data from the India Cellular and Electronics Association (ICEA).
No plans to relax FDI restrictions on China: Piyush Goyal
Apr 11, 2025, at 10:30 pm
New Delhi: India is not looking to encourage foreign direct investment (FDI) from China, Commerce and Industry Minister Piyush Goyal said on Friday, signalling that New Delhi is unlikely to lift the curbs introduced in 2020 on overseas investments from its neighbour, according to a PTI report.
Tesla halts Model S, X orders in China amid deepening US-China trade war
Apr 11, 2025, at 09:02 pm
Beijing: Tesla has stopped accepting new orders for its Model S and Model X vehicles in China, according to a Reuters report on Friday, as trade tensions between the US and China spiral following tit-for-tat tariff hikes.
TCS appoints Aarthi Subramanian as president and COO for five-year term
Apr 11, 2025, at 08:55 pm
Mumbai: Tata Consultancy Services (TCS) on Thursday named Aarthi Subramanian as executive director-president and chief operating officer (COO), reviving the top operational role after more than a decade.
India pitches for US trade deal amid tariff pause, eyes $500 bn bilateral trade
Apr 11, 2025, at 05:44 pm
New Delhi: India presents a strong case for a bilateral trade agreement with the United States, given its long-term growth potential and demographic strength, commerce minister Piyush Goyal said on Thursday, April 11, media reports said.
Industrial growth slows to 2.9% in Feb, weakest in seven months
Apr 11, 2025, at 05:13 pm
New Delhi: India’s industrial output growth eased to 2.9 per cent in February, slipping from 5.01 per cent in January, according to data released by the National Statistics Office (NSO) on Friday.
India’s goods and services exports hit record $820 billion in FY25 despite global headwinds
Apr 11, 2025, at 12:20 am
New Delhi: India’s combined goods and services exports touched a record $820 billion in the financial year 2024-25, marking an increase of nearly 6% from the $778 billion posted in the previous year, according to Commerce Ministry data.
Global semiconductor industry to reach $2 trillion by 2032: Report
Apr 11, 2025, at 12:00 am
The global semiconductor industry is poised to surge from $600 billion to $2 trillion over the next seven years, according to Krishna Bodanapu, Executive Vice Chairman and MD of Cyient.
Dixon to make HP laptops in Tamil Nadu under ₹1,000 cr deal
Apr 09, 2025, at 10:05 pm
Chennai: The Tamil Nadu government has signed an MoU with Dixon Technologies to establish a manufacturing facility for HP laptops and all-in-one PCs.
RBI cuts India's FY26 growth forecast to 6.5%, trims repo rate by 25 bps amid global uncertainty
Apr 09, 2025, at 08:55 pm
New Delhi: In its latest Monetary Policy Committee (MPC) meeting held on Wednesday, the Reserve Bank of India (RBI) revised its GDP growth projection for FY2025-26 down to 6.5%, lowering it by 20 basis points from the 6.7% forecast made in February.
Ather Energy likely to trim IPO size amid market volatility
Apr 09, 2025, at 07:15 pm
Mumbai: Electric two-wheeler maker Ather Energy is expected to scale down the size of its upcoming initial public offering (IPO) to a range of ₹2,900 crore to ₹3,200 crore, CNBC-TV18 reported, citing sources familiar with the development.
Mahindra delivers 3000 all-electric origin SUVs across India
Apr 09, 2025, at 05:05 pm
Automobile major Mahindra on Wednesday announced a major milestone in its electric mobility journey, with over 3000 customer deliveries of its all-electric Origin SUVs—the XEV 9e and BE 6—completed since the commencement of deliveries on March 20.
RBI cuts repo rate by 25 basis points to 6 percent after MPC meeting
Apr 09, 2025, at 10:41 am
Mumbai/IBNS: The Reserve Bank of India (RBI) on Wednesday reduced the key lending rate or repo rate by 25 basis points to 6 percent in a bid to support the demand in the market.