Business

The larger question is whether India can go beyond being a destination for smartphone assembly and become a true global manufacturing giant

Anant Ambani, son of Mukesh Ambani, has been appointed Executive Director of Reliance Industries. He will earn ₹10–20 crore annually plus profit-based incentives and perks. The move is part of a succession strategy involving all three Ambani siblings

India’s USD 900 billion retail sector is showing signs of recovery, with 7 per cent sales growth in May 2025, according to RAI. Quick service restaurants and consumer durables led the rise. The industry expects 9–10 per cent growth as festive spending strengthens

Pakistani importers now depend on feeder vessels, causing delays of up to 50 days, with limited but rising export-related costs

India’s booming automobile sector, contributing over 7 per cent to GDP, is key to its $5 trillion economy goal. With strong policy support, EV adoption, and local manufacturing growth, it reflects India’s rise in global auto production and clean-tech innovation

India's cement sector recorded 39.6 million MT production in May 2025, marking 9% YoY growth. ICRA projects continued demand from housing and infrastructure, forecasting 6–7% growth in FY26 and improving operating margins across cement firms

Indian IT giants are shifting focus from general digital services to AI integration. Rather than building AI models, they aim to lead in applying AI across businesses, investing in employee upskilling, partnerships, and innovation labs to drive enterprise-wide AI adoption

Luxury brand responds to Maharashtra artisans’ outrage over cultural appropriation, promises dialogue and recognition of Indian craftsmanship.

Donald Trump has suspended US-Canada trade talks over Ottawa’s 3% digital services tax on tech firms like Amazon and Google. The levy, retroactive and set to begin Monday, could cost U.S. companies $2 billion. New tariffs may follow

Akzo Nobel NV has signed an agreement to sell its shareholding in Akzo Nobel India Ltd (ANIL) to the JSW Group, . The deal includes an open offer and marks Akzo Nobel’s strategic exit from the decorative paints segment, making it the fourth-largest player in India’s paint industry

China confirmed a framework was agreed. The deal touches on rare earth exports, fentanyl regulations, and tariff rollbacks, while trade talks with India are expected soon

The co-branded RuPay credit card, offers up to 10 per cent rewards on UPI and app-based spending. Available in two variants, the card integrates with UPI and is fully managed via the PhonePe app

Post offices have not been able to accept digital payments as they don’t have their accounts synced with UPI (unique payment interface) system 

US-based unit of the drug major is recalling Acetaminophen Tablets (325 mg) in the US due to cGMP (Current Good Manufacturing Practices) deviations

The move enhances the joint venture's goal of offering affordable, tech-driven investment solutions across mutual funds, advisory, and broking

Maharashtra artisans accuse Prada of copying GI-tagged Kolhapuri chappals in its 2026 collection without credit. BJP MP Mahadik urges state action, revenue sharing, and legal protection for artisans, highlighting the cultural and economic impact of this alleged appropriation

Through its JV Alara Resources LLC Oman, the explorer will execute a two-year mandate in concession areas 12B & 13 awarded by Minerals Development Oman

The Sensex and Nifty opened higher on Friday, extending their winning streak to four sessions, backed by foreign fund inflows and firm US cues. Gains in L&T, SBI, and Tata Motors lifted indices, while select financial stocks lagged.

The rupee appreciated by 23 paise to 85.49 against the US dollar on Friday, backed by strong FII inflows and buoyant equity markets. However, a rise in Brent crude prices and a stronger dollar index limited further appreciation.

The British oil giant reaffirmed its focus on simplifying its business and clarified that no approach or discussions had taken place with BP regarding a potential offer

The company plans to hire over 400 additional employees to support its mission of delivering world-class, Made-in-India, AI-based security solutions.

The provision gives the President the power to appoint a board member and have a say in Nippon Steel's decisions that affect domestic steel production and competition with overseas producers

The job cuts at Xbox are expected to impact several teams and also affect employees working in Microsoft’s global sales operations

India’s e-commerce market is projected to grow from $30 billion in 2020 to $300 billion by 2030, fueled by internet access, policy support, and rising consumer aspirations. Q-commerce, D2C brands, content platforms, and UPI microtransactions are reshaping the digital economy.