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Home  Business

Business

Tata Motors PV plans Rs 40,000 crore capex, eyes 20 per cent market share by FY31

Tata Motors PV plans Rs 40,000 crore capex, eyes 20 per cent market share by FY31

  • Silver tumbles Rs 8,158 as dollar strength dents bullion demand

    Silver futures fell sharply by over 3 per cent to Rs 2.26 lakh per kg, tracking global weakness amid a strong US dollar and rising Fed rate hike expectations. Analysts cited pressure from elevated bond yields and weak overseas demand
  • Sensex, Nifty fall over 1 per cent amid global selloff

    Indian stock markets fell over 1 per cent on Tuesday as Sensex and Nifty declined sharply due to global weakness, IT sector selling and foreign fund outflows. Heavy losses in Infosys and TCS dragged benchmarks lower despite selective gains in some stocks
  • Akasa Air targets 30 per cent capacity growth in FY27

    Akasa Air aims to grow capacity by 30 per cent in the current financial year despite geopolitical uncertainties and rising fuel costs. The airline expects strong expansion in the coming years while maintaining financial stability and operational focus across domestic and international routes
  • Reliance Industries shares rise after Jio Platforms files for IPO

    Reliance Industries shares ended over 1 per cent higher after Jio Platforms filed draft papers for a proposed IPO that could become India's largest. Investor sentiment was also supported by Mukesh Ambani's growth roadmap focused on AI, broadband, clean energy and consumer businesses
  • RBI Bulletin warns adverse monsoon may affect growth and inflation outlook

    The RBI Bulletin has warned that an adverse south-west monsoon could affect India's growth and inflation outlook. While domestic economic momentum remains strong, geopolitical tensions, trade disruptions and uncertainty surrounding the global economy continue to pose significant risks
  • Air India to launch direct Guwahati-Dubai and Abu Dhabi flights from August 4

    Air India will begin direct flights from Guwahati to Dubai and Abu Dhabi from August 4, Assam Chief Minister Himanta Biswa Sarma announced. The move is expected to strengthen international connectivity, boost tourism, trade and investment, and enhance Guwahati’s role as a regional aviation hub
  • India’s core sector growth slows to 0.5 per cent in May

    India’s eight core infrastructure industries recorded a modest 0.5 per cent growth in May, led by strong performances in cement, steel and electricity. However, declines in coal, crude oil, natural gas, refinery products and fertiliser production weighed on overall growth
  • Markets end higher as IT and pharma stocks lift Sensex, Nifty

    Indian equity benchmarks ended higher on Monday, supported by strong buying in IT and pharmaceutical stocks. Easing crude oil prices improved investor sentiment, while gains in Infosys, Tech Mahindra and Cipla helped offset weakness in FMCG and consumer durable sectors.
  • Rupee falls 15 paise to 94.48 against US dollar amid firm greenback

    The rupee weakened by 15 paise to 94.48 against the US dollar in early trade on Monday as a stronger greenback and geopolitical tensions in the Middle East offset support from foreign inflows, while equity markets opened sharply higher.
  • Opinion: India’s fiscal social contract at crossroads — revenue, welfare and reform

    Fiscal policy must not be a ledger of receipts and expenditures alone; it must reflect fairness, resilience, and reciprocity between citizens and the state
  • India’s space economy may grow five-fold to USD 45 billion in a decade

    India's space economy is expected to expand from USD 8 billion to USD 40-45 billion over the next decade, supported by policy reforms, private sector participation and rising commercial activity. The government aims to increase India's share of the global space economy to 8 per cent
  • AI now central to HR operations, say 60 per cent of professionals

    A survey of 1,811 HR professionals found that artificial intelligence is becoming a key priority across human resource functions. Most respondents cited improved efficiency and productivity as the main driver, while many also reported gains in recruitment, onboarding and workforce planning
  • US-Iran talks and crude oil prices to steer stock markets this week

    Stock market sentiment this week is expected to be shaped by US-Iran negotiations, crude oil prices and foreign investor activity. Analysts also expect investors to monitor monsoon progress and geopolitical developments, with markets remaining closed on Friday for Muharram
  • US-Iran talks, crude oil prices to guide gold and silver trend next week

    Gold and silver prices are expected to be influenced by US-Iran negotiations, crude oil movements and major global economic indicators next week. Analysts say developments in West Asia, US economic data and central bank signals will remain key drivers of bullion markets
  • India-EU free trade agreement likely by December, may come into force by March 2027: Piyush Goyal

    Union Minister Piyush Goyal said India and the European Union are expected to sign a free trade agreement by December, with implementation likely by February-March 2027. The pact is expected to provide duty-free access for about 93 per cent of Indian exports
  • Tata Motors secures over 3,400 electric commercial vehicle orders across India

    Tata Motors has secured more than 3,400 orders for electric commercial vehicles, including trucks, buses and small commercial vehicles. The company said the orders reflect growing industry confidence in electric mobility and a shift towards large-scale deployment across transportation and logistics sectors.
  • RBI likely to hold repo rate at 5.25 pc as geopolitical risks ease: Report

    The Reserve Bank of India is expected to maintain a wait-and-watch stance and keep the repo rate at 5.25% amid easing global tensions. Policymakers will monitor monsoon progress, inflation trends and crude oil prices before making future policy decisions
  • Flipkart extends lead in Indian e-commerce, Myntra widens lead in fashion, says BofA

    The brokerage, citing Sensor Tower daily active user (DAU) data and industry checks, said Flipkart remained the leading e-commerce platform by user engagement as of June 2026, while Myntra continued to pull ahead of rivals in fashion.
  • FPIs likely to return to Indian markets over rupee recovery

    The Indian rupee is expected to strengthen further, reducing the likelihood of significant foreign portfolio investor outflows. Improved earnings growth, stable currency performance and anticipated dollar inflows are supporting market sentiment, while concerns remain over weak monsoon conditions and global investment trends
  • ED attaches over Rs 1,000-cr assets in Goa ‘illegal’ iron ore mining case

    The Enforcement Directorate has attached assets worth ₹1,023.85 crore in an alleged illegal iron ore mining case linked to the Salgaocar Group in Goa. Properties in India and Singapore were seized as part of a money laundering investigation under PMLA
  • Three Indian crude oil tankers en route home with over 8.6 lakh MT cargo after transiting Hormuz

    India’s maritime and energy security received a boost as three Indian-flagged crude oil tankers safely crossed the Strait of Hormuz carrying over 8.6 lakh metric tonnes of cargo. The vessels are headed to Indian ports amid improving regional shipping conditions
  • Indian passenger vehicle makers eye opportunity in UK’s EV market via FTA

    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
  • Rewind: Pricey South: Why is inflation rising faster in Southern India?

    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?
  • RVNL wins Rs 2,977 crore NMDC contract for Vizag facility

    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
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