Business

TVS Industrial & Logistics Parks has signed an agreement for 10 acres in Siliguri to develop a logistics park aimed at improving regional logistics efficiency and warehousing infrastructure. The project will strengthen connectivity with Northeast India and neighbouring international trade corridors

New regulatory framework "significant index" has been introduced and grievance redressal mechanisms under the regulations will apply only to significant indices provided by Sebi-registered index providers

Realty Firm Sattva Group has launched its first residential project 'Sattva Sumera' at Parel in Mumbai. The group aims to generate a revenue of Rs 5500 Crores from the project.

The consolidated net profit of CG Power and Industrial Solutions Ltd stood at Rs 362 crore in the March quarter mainly on the back of higher revenues. Sales rose to Rs 3,442 crore during the quarter from Rs 2,753 crore in the same period a year ago.

Andhra Pradesh IT Minister, Nara Lokesh laid the foundation stone for Carrier Global's manufacturing facility, expected to generate 3000 jobs in the state.

BMW Industries reported an 87 per cent rise in consolidated net profit to Rs 33.01 crore in the March quarter, driven by higher revenues. The company also posted record quarterly PAT, announced a final dividend, and expanded operations through a PNG partnership with Indian Oil Corporation

The RBI is employing a "non-direct" strategy to defend the struggling rupee, according to forex traders.

Indian equity markets ended sharply higher on Wednesday as falling crude oil prices and optimism over possible progress in US-Iran diplomatic talks boosted investor sentiment. Banking, realty and heavyweight stocks led the rally, helping the Sensex and Nifty close near the day’s highs

An article in Arab News said India could play a major role in strengthening the US lead in artificial intelligence through its vast talent pool, large-scale datasets and growing digital infrastructure, as American tech companies continue investing billions of dollars in AI development across the country

TVS Motor Company led the segment with 37,683 units last month, compared to 19,976 units in April 2025-an increase of 88.64%.

Gold and silver prices rose up to 3 per cent on Wednesday, supported by a weaker dollar and easing oil prices. Gains were seen across MCX and global markets, although elevated crude prices and interest rate concerns continue to limit further upside.

The rupee strengthened by 23 paise in early trade as crude oil prices eased following US signals of a possible Iran deal. Improved global sentiment and positive equity market cues supported the currency despite recent volatility and geopolitical concerns.

IIT Madras Global Research Foundation opened its first US centre in Menlo Park, California, to boost deep-tech startups and innovation, aiming to connect India–US ecosystems through research, incubation, and venture partnerships, with further expansion planned on the East Coast

Indian markets rose nearly 1%, with BSE Sensex and Nifty 50 gaining on global optimism and easing oil prices amid hopes of West Asia de-escalation, though analysts expect volatility and range-bound trade in the near term

India is gaining from the China+1 shift but structural bottlenecks, weak supply chain, and policy gaps still hold it back

Biocon founder Kiran Mazumdar-Shaw has identified her niece Claire Mazumdar, a US-based biotech entrepreneur and CEO of Bicara Therapeutics, as her future successor. The transition will happen gradually as part of the company’s long-term leadership and succession planning strategy

Jaguar Land Rover India has reduced prices of its imported Range Rover models by up to Rs 75 lakh, citing expected benefits from the proposed India-UK free trade agreement. The revised pricing applies to UK-imported CBU vehicles and is effective immediately

India ranks fifth among the world’s most spam-affected countries, with telemarketing and sales calls leading the problem. A Truecaller report shows 68 billion spam calls globally in 2025, with financial services and scams also contributing significantly in India.

India and Jamaica agreed to deepen trade, investment, and skilled workforce mobility during S. Jaishankar’s visit to Kingston, expanding cooperation across sectors while boosting development partnerships, diaspora ties, and multilateral coordination amid global economic shifts

Indian markets fell as Strait of Hormuz tensions and rising oil prices near $113 hit sentiment. BSE Sensex and Nifty 50 declined, while rupee hit record low amid geopolitical risks and global risk aversion

Kristalina Georgieva warned that prolonged Middle East war could push oil to $125 and worsen global inflation, activating adverse IMF scenarios. Growth may slow sharply, while energy volatility from the Strait of Hormuz keeps markets unstable

India’s auto retail sector began FY27 strongly, with record April sales of 26.1 lakh units, driven by two-wheelers and rural demand. Federation of Automobile Dealers Associations reported growth across segments, reflecting sustained consumption momentum and cautious optimism ahead 

The rupee declined 39 paise to close at a record low of 95.23 against the US dollar amid rising crude oil prices, foreign fund outflows and Middle East tensions. Analysts warned that continued pressure on oil prices may further weaken the Indian currency

Crude oil futures rose nearly 2 per cent to Rs 9,821 per barrel on MCX amid ongoing geopolitical tensions and supply concerns linked to US-Iran developments. Analysts said uncertainty around the Strait of Hormuz continues to keep global oil prices volatile