Business

Indian automakers Maruti Suzuki, Mahindra & Mahindra and Tata Motors are exploring electric vehicle export opportunities in the UK under the India-UK FTA. The pact allows duty-free EV exports within quotas from the sixth year, boosting India's global automotive ambitions

While prices have risen across India, southern States, particularly Telangana, have consistently recorded inflation rates above the national average in recent months. What is fueling this gap?

Rail Vikas Nigam Limited has secured a Rs 2,977 crore contract from NMDC to develop a 10 MTPA buffer stockyard and blending facility in Visakhapatnam. The project aims to strengthen logistics, improve material handling and support NMDC’s growing operational requirements

India’s data centre development pipeline has reached 8.33 GW, more than five times the current operational capacity, according to Knight Frank India. Strong demand from AI, cloud services and data localisation is driving growth, with Mumbai and Hyderabad leading future expansion

India diversified LPG imports during the West Asia conflict by increasing supplies from the US, Iran and other nations to reduce Gulf dependence. Despite higher global prices and freight costs, fuel retailers absorbed losses to protect households from steep domestic price hikes

Around 80 million barrels of crude oil await transit through the Strait of Hormuz as a tentative US-Iran peace deal restores shipping. Oil prices have eased, inflation may moderate, and new Iranian regulations now require advance permits, registration, and insurance for vessels

Indian equity benchmarks ended lower on Friday as IT stocks came under pressure after Accenture's weak outlook. Nifty and Sensex declined sharply, while broader markets outperformed. Investors are now tracking FII flows, monsoon progress, crude oil prices and corporate commentary

Benchmark indices Sensex and Nifty fell sharply in early trade as IT stocks came under pressure following Accenture's revenue growth guidance cut. Infosys, TCS and Tech Mahindra led the decline, snapping a five-session rally in domestic equities.

The rupee appreciated 20 paise against the US dollar in early trade as optimism surrounding an India-US trade pact improved market sentiment. Supportive crude oil prices and expectations of continued foreign inflows also helped strengthen the domestic currency.

The Reserve Bank of India (RBI) has issued compounding orders under Section 15 of FEMA against Sai Rayalaseema Paper Mills, Cigniti Technologies, and ZIFY Tech Solutions, allowing them to settle violations with one-time payments.

The rupee recovered from early losses to close 14 paise stronger at 94.36 against the US dollar, supported by easing geopolitical tensions after a US-Iran peace agreement, lower crude oil prices, positive domestic equities and continued foreign investor inflows

Prime Minister Narendra Modi met top executives of Saint-Gobain, Alstom and Mistral AI in Paris, discussing investment opportunities, expansion plans, sustainable construction, railway modernisation and AI collaboration, with companies expressing interest in deepening their presence in India

Andhra Pradesh SIPB approved ₹30,515 crore investments from 50 companies, expected to create 29,677 jobs. Chief Minister N. Chandrababu Naidu emphasized industrial growth, green energy, advanced tech, and job-linked development across sectors

India and the UK’s social security pact under the upcoming trade deal will exempt temporarily posted professionals from dual contributions for up to five years, benefiting Indian IT firms and enhancing competitiveness, while boosting bilateral trade and easing mobility for skilled workers

CtrlS Datacenters has secured up to ₹7,000 crore investment from Canada Pension Plan Investment Board at a ₹44,914 crore valuation to expand AI-ready hyperscale data centres across India through stake acquisition and joint ventures

ICAR Indian Institute of Oilseeds Research developed a biopolymer-based smart seed coating technology that enhances germination, crop establishment and yields. Field trials in Telangana showed up to 30% yield gains in groundnut and soybean under farmer conditions

Waterways Leisure Tourism has set a ₹769–₹808 IPO price band to raise ₹585 crore via fresh issue. Funds will support lease payments for cruise operations, as the company reports strong revenue growth and a turnaround to profitability

Bata India Ltd appointed Sanjay Rao as Managing Director and CEO, replacing Gunjan Shah after his five-year tenure. Rao, formerly with Nike and Inditex, brings over two decades of global retail leadership experience across India, Asia, and Europe

India’s gold imports fell nearly 70% to 25-30 tonnes after customs duty on gold was raised to 15% from 6%. Despite lower volumes, import value increased due to rising prices. The government aims to reduce foreign exchange outflow and prioritise essential imports

The Amaravati Quantum & AI Innovation Center will launch in Andhra Pradesh in partnership with IBM. The initiative aims to build a large-scale quantum innovation ecosystem by connecting industry, academia, and technology experts to develop practical quantum computing solutions

Apple may increase prices on some products as rising memory and storage chip costs, driven by strong AI data centre demand, squeeze margins. CEO Tim Cook said the company can no longer absorb all component cost increases, though no timeline was announced

The rupee fell 21 paise to 94.71 against the US dollar in early trade on Thursday as the Federal Reserve's hawkish outlook strengthened the greenback. However, easing crude oil prices and improving geopolitical sentiment provided support to broader financial markets.

Benchmark indices Sensex and Nifty rebounded after opening lower on Thursday, supported by easing crude oil prices and positive geopolitical developments. Investor sentiment improved amid hopes of reduced tensions in West Asia, helping markets recover early losses and trade higher.

India and the UK will operationalise the Comprehensive Economic and Trade Agreement (CETA) and the Double Contribution Convention (DCC) on July 15, 2026, ushering in duty-free access for 99% of tariff lines, boosting bilateral trade, and extending social security exemptions for Indian professionals from 3 to 5 years.