Business

A Nalco-MIDHANI joint venture to build a 60,000 TPA high-end aluminium alloy plant in Nellore, Andhra Pradesh, has been deemed commercially unviable due to low demand and localisation levels. Ministries are reviewing closure despite land acquisition and earlier investment plans

Gold and Silver prices surged to fresh record highs this week, driven by global uncertainty, tariff concerns, and safe-haven demand, with analysts expecting the bullish trend to continue in near term

Modi’s China visit revives talk of RIC, signalling a new phase in India’s strategic balancing, but the question remains — is it a troika of convenience or a pillar of multipolarity

Flipkart India widened its consolidated losses to Rs 5,189 crore in FY25 despite revenue growth, while Flipkart Internet narrowed its losses, highlighting mixed financial performance amid rising expenses and finance costs

POCO India has launched a 4GB limited edition variant of its best-selling M7 Plus 5G under its festive campaign. Featuring a 7000mAh battery, Snapdragon 6s Gen 3, and 144Hz AMOLED display, the phone goes on sale from September 23 via Flipkart. SEO Keywords:

A new Bill introduced by a Republican Senator, if passed, will make outsourcing more expensive for American businesses, thereby directly affecting Indian IT service providers

Equity indices rose in early trade Friday as global market optimism and Fed rate cut hopes lifted sentiment. Infosys surged on a Rs 18,000 crore buyback, while auto and banking stocks saw mixed trends. FIIs sold, DIIs bought.

The rupee slipped 7 paise to 88.42 against the US dollar in Friday’s morning trade amid tariff concerns, strong dollar demand, and FII outflows. Traders expect the currency to remain under pressure despite optimism on US-India trade negotiations.

Online gaming platform Zupee is laying off 170 employees — 30% of its staff — after the government banned real-money online games in August. The company is offering financial and medical support to those impacted while adjusting to the new law

Dr Reddy’s Laboratories has acquired the anti-vertigo brand Stugeron from Johnson & Johnson in 18 EMEA and APAC markets, including India and Vietnam. The move strengthens its CNS portfolio and supports its goal to reach 1.5 billion patients by 2030

Sensex and Nifty opened higher on Thursday, tracking gains in Asian markets and hopes of a US Fed rate cut. Optimism over India-US trade talks also supported sentiment, even as FIIs sold shares while DIIs provided strong buying support.

The rupee slipped 5 paise to 88.16 against the US dollar on Thursday, tracking cautious sentiment ahead of India-US trade talks. The currency remains range-bound as the RBI intervenes, while equities advanced and global crude prices eased.

Novo Nordisk will cut 9,000 jobs worldwide—11% of its workforce—by 2026 to save $1.3 billion. The move comes amid rising competition in obesity drugs, slowing sales of Wegovy and Ozempic, and a push to focus on R&D and agility

Ahead of the Amazon Great Indian Festival 2025, Telangana is witnessing rising demand for premium smartphones, TVs, and wearables. With over 57,000 local sellers and a robust logistics network, Amazon says consumer preferences reflect growing purchasing power and evolving lifestyle aspirations.

Apple unveiled the iPhone 17 series featuring the all-new iPhone Air, the thinnest iPhone yet, alongside iPhone 17, Pro, and Pro Max models. Powered by the latest A19 c

The rupee rose 5 paise to 88.10 against the US dollar in early trade Wednesday, supported by FII inflows and a weaker greenback. However, gains were capped by higher crude oil prices amid geopolitical tensions in West Asia.

Equity benchmarks Sensex and Nifty surged in early trade Wednesday after US President Donald Trump expressed confidence in a “successful conclusion” of trade talks with India. A rally in IT stocks and fresh FII inflows further lifted market sentiment.

Apple is ramping up iPhone 17 production across five Indian plants, including Foxconn’s new $2.8 billion Bengaluru factory. Analysts expect record festive sales, with the new Air and Pro models driving upgrades, while India cements its role in Apple’s supply chain.

US President Donald Trump announced the resumption of trade talks with India, calling PM Modi a “very good friend.” Modi reciprocated positively, as both sides signalled commitment to a forward-looking strategic partnership despite recent tariff tensions.

Coolberg has partnered with Amazon Prime Video for the upcoming series Do You Wanna Partner. To mark the launch, it introduced Jugaaro Lemon-Ginger, a limited-edition non-alcoholic malt beverage, available across retail, HoReCa, and quick commerce platforms nationwide

Apple will unveil its new iPhone line-up at the “Awe Dropping” event on Tuesday, featuring faster A19 chips, AI-powered features, and a new ultra-thin Air model. India’s role as both a market and manufacturing hub is growing

Travel insurance is no longer optional—it’s essential. From covering medical emergencies and trip cancellations to lost baggage and flight delays, comprehensive policies safeguard travelers against financial and emotional stress, ensuring international journeys remain memorable for the right reasons.

Chinese Ambassador Xu Feihong criticised Washington’s 50% tariffs on India as “unfair,” calling on New Delhi and Beijing to deepen economic ties to counter the challenge. He also stressed joint efforts against terrorism and strengthening bilateral cooperation.

Firming up trade deal with the EU will be yet another demonstration of India’s strategic autonomy in matters of trade and business