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Home  Business

Business

India, UK ink landmark trade deal to boost annual commerce by USD 34 billion

India, UK ink landmark trade deal to boost annual commerce by USD 34 billion

  • PM Modi meets UK PM Starmer; FTA deal to boost GBP 4.8 bn in UK growth

    The two leaders discussed regional and global issues, with the UK announcing a major Free Trade Agreement set to generate billions in economic benefits
  • 79 per cent of Indian CFOs believe GenAI can modernise treasury operations and boost efficiency: DBS-EY report

    It highlights a growing focus on AI, automation, and green finance to build resilient, future-ready businesses
  • ED raids 35 locations linked to Anil Ambani in Rs 3,000 cr Yes Bank fraud

    The Enforcement Directorate raided over 35 locations linked to Anil Ambani’s Reliance Group in a ₹3,000 crore Yes Bank loan fraud case. The probe revealed large-scale bribery, loan diversion, and shell companies used to siphon funds under the PMLA.
  • Infosys net profit up 8.7 per cent to Rs 6,921 crore in Q1 of FY26

    The IT company said it is on track to hire 20,000 freshers this fiscal year
  • Hyderabad-based Natco Pharma offers to acquire nearly 36 per cent stake in Adcock Ingram in Rs 2,100-crore deal

    Should the offer be accepted, the company will hold a 35.75 per cent stake in the South Africa firm, valued at R4 billion (USD 226 million), the company stated in a regulatory filing
  • Silver price hits record Rs 1.14 lakh per kg amid global demand surge

    Silver prices surged to an all-time high of ₹1,14,493 per kg amid strong global trends and domestic demand. Gold also gained sharply. Analysts cite economic uncertainty, industrial demand, and safe-haven interest as key drivers behind the rally.
  • SBI Krishi Darshan and other CSR activities flagged off at ICAR-IIRR

    The project aims to promote Direct Seeded Rice practice for sustainable rice production and improve farmers’ income in Khammam and Nalgonda districts
  • Rising digital fraud: Centre pushes for 1600-series call adoption, pilot with 7 banks underway

    The ‘1600’ series is a phone numbering range exclusively designated for all voice calls originating from regulated entities in the banking, financial services, insurance (BFSI), and securities sectors 
  • Colgate Palmolive India’s net profit falls 11.8 pc, net sales decline

    Colgate-Palmolive India reported an 11.8% YoY decline in Q1 FY26 net profit to Rs 321 crore, citing weak urban demand and rising competition. The company is focusing on premium products and innovation to drive recovery in the second half
  • India’s smartphone market grows 7 pc to reach 39 million units in April-June

    India’s smartphone market grew 7 per cent year-on-year in Q2 2025, reaching 39 million units. Driven by fresh launches and easing inventory, Vivo led the market. Brands are now preparing for festive season sales with incentives and financing schemes.
  • Anthem Biosciences’ stock jumps nearly 27 pc in market debut trade

    Anthem Biosciences shares debuted with a 27% premium over the IPO price of ₹570, listing at ₹723 on Monday. The ₹3,395-crore IPO, subscribed 63.86 times, saw strong institutional interest. Anthem is a CRDMO specializing in complex fermentation-based APIs
  • Reliance shares drop nearly 3 pc post Q1 earnings

    Reliance Industries shares fell nearly 3% on Monday due to profit-taking, despite posting a record quarterly profit of ₹26,994 crore in April-June 2025. Strong performances in Jio and retail drove growth, aided by investment sale proceeds and consumer expansion
  • CoinDCX hit by USD 44 million breach; says customer assets safe

    CoinDCX has reported a USD 44.2 million security breach linked to an internal operational account. Founders assured users their funds remain unaffected. The company is bearing the entire loss and has launched a forensic investigation with global cybersecurity firms
  • UIDAI to begin biometric update of children through schools soon

    UIDAI will launch a phased initiative to update Aadhaar biometrics of children via schools, targeting over 7 crore pending updates. With parental consent, biometric kits will be sent to districts and rotated across schools for easy access
  • From Gurugram to Grenada: How Indians are securing global residencies through income and investments

    Global immigration firm Garant.in says financially independent Indians are increasingly investing in property or startups abroad to secure residency in France, Italy, Greece, Grenada, and more — with citizenship opportunities and global travel access driving the trend
  • Tech CEO resigns after viral Coldplay concert video sparks controversy

    Andy Byron, CEO of Astronomer Inc., resigned after a viral jumbotron video showed him embracing chief people officer Kristin Cabot at a Coldplay concert. The incident sparked an internal investigation and reignited debate on privacy, leadership accountability, and internet surveillance
  • PNGRB orders city gas firms to charge uniform PNG rates for households

    Oil regulator PNGRB has directed city gas distributors to charge a uniform rate for piped natural gas supplied to households, regardless of consumption. The move seeks to prevent misclassification of commercial users as domestic consumers and ensure fair pricing
  • India’s auto exports surge 22 per cent in Q1 on strong global demand

    With total shipments reaching over 14.57 lakh units. Passenger vehicles hit a record high, while two-wheelers, commercial vehicles, and three-wheelers also registered strong gains, buoyed by global demand recovery
  • India becomes global leader in fast payments as UPI processed over Rs 24 lakh crore transactions in June 2025

    India leads the world in fast payments, with UPI processing over Rs 24 lakh crore in June 2025 alone. Backed by the IMF, the system handles over 640 million daily transactions, revolutionising global digital payments and promoting financial inclusion
  • Hyderabad-based Dr Reddy’s gets 7 USFDA observations for Andhra unit

    Dr Reddy’s received a Form 483 with seven USFDA observations after inspecting its Srikakulam manufacturing plant in Andhra Pradesh
  • Ashok Leyland charts strategic course amid industry disruption, says Chairman Hinduja

    Ashok Leyland plans to adopt a proactive strategy to navigate global megatrends like electrification and supply chain disruption. Chairman Dheeraj G Hinduja said the company will invest in EVs, forge tech partnerships, and deepen international market presence
  • PM Modi lauds TVS Motor for showcasing Kutch’s cultural and scenic beauty

    Prime Minister Narendra Modi lauded TVS Motor executives for promoting Kutch's culture through their coffee table book, created after a motorcycling event at Rann Utsav 2025. Modi praised the initiative and invited tourists to explore Kutch’s heritage and landscapes
  • Gold may stay in narrow band as markets await Fed, macro cues

    Gold prices are expected to stay range-bound amid global trade uncertainty, key US macroeconomic data, and central bank cues. While domestic festive demand may offer support, a stronger US dollar and volatility persist. Silver surged on tightening supply and industrial demand
  • HDFC Bank Q1 profit dips 1.3 per cent to Rs 16,258 cr on higher provisions

    Standalone profit rose to Rs 18,155 crore, while gross NPAs inched up to 1.4 per cent and margins narrowed
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