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Home  Business

Business

ED raids Reliance Infrastructure premises in Maharashtra, MP in FEMA probe

ED raids Reliance Infrastructure premises in Maharashtra, MP in FEMA probe

  • India-EFTA trade pact to take effect from Oct 1

    The India-EFTA free trade pact, effective October 1, commits USD 100 billion investment over 15 years and promises one million jobs. It cuts duties on Swiss goods while boosting Indian services access in Europe through Switzerland, Norway, Iceland, and Liechtenstein
  • Gold hits record high, set for best monthly gain in 14 years

    Gold surged to a record Rs 1,15,450 per 10 grams on Tuesday, on track for its strongest monthly gain since 2011. Safe-haven demand, US government shutdown fears, and expectations of Federal Reserve rate cuts fueled the yellow metal’s rally.
  • Opinion: Tariffs over ideology

    Washington’s 50% tariff move signals a shift—economic interests now trump ideological alignments in global trade
  • India in talks for FTAs with US, EU and others, says Goyal

    India is negotiating free trade agreements with the US, EU, and several other countries, Commerce Minister Piyush Goyal said. Talks with the US aim to double trade to $500 billion by 2030, while the India-EFTA pact takes effect on October 1
  • Hatchbacks will continue to exist despite ‘SUVisation’ of auto industry: FADA president

    Despite the global shift towards SUVs, hatchbacks will remain relevant in India’s auto market. FADA believes GST cuts and affordability will boost small car sales, while competition keeps the segment alive, even as SUVs dominate evolving consumer preferences
  • Apple iPhone 17 Air and 17 models see strong sales in India as consumer demand surges

    Apple’s iPhone 17 Air and 17 models are seeing record sales in India, driving a projected 28% year-on-year increase and reinforcing the brand’s momentum in the premium smartphone segment.
  • Rewind: Can America thrive without immigrants?

    From building railroads in the 19th century to running Silicon Valley today, immigrants power America, but the H-1B visa fee hike may choke its economy
  • Opinion: The hidden human cost of gig economy

    Gig economy promises flexibility, but Marx’s theory shows it often mirrors exploitative pattern of industrial capitalism
  • ESIC payroll data: over 20 lakh new employees enrolled in July

    In July, 20.36 lakh new employees were registered under the ESI scheme, up 4.86 per cent from June. Nearly 48 per cent of new registrations were under 25, including 4.33 lakh women and 88 transgender employees, reflecting inclusive social security coverage
  • Sensex and Nifty decline on pharma stocks, FII outflows; global markets weak

    Sensex and Nifty opened lower on Friday, dragged by pharma stocks and persistent FII outflows. US H-1B visa fee hike, 100% pharma tariff, and weak global markets added pressure. Brent crude rose marginally, while Asian and US equities also declined.
  • Rupee rebounds to 88.70 against US dollar amid weaker greenback and India-US trade hopes

    The rupee rose 6 paise to 88.70 against the US dollar on Friday, supported by a weaker greenback and hopes of an India-US trade deal. FII outflows, rising crude prices, and cautious equity markets limited gains for the local currency.
  • Opinion: GST 2.0 — Should States be compensated?

    Effective implementation of the tax reform will ensure equity and address the States’ revenue loss
  • Starbucks to close stores, lay off 900 workers

    The Seattle coffee giant will notify employees whose positions are being eliminated on September 26
  • Karnataka hotels cite high LPG and rent taxes for not passing GST cuts

    Karnataka State Hotels Association says high GST on LPG cylinders and property rents prevent hoteliers from passing government GST cuts to consumers. The association urges relief on rent and fuel to make food and room tariffs more affordable
  • Maruti Suzuki INVICTO gets 5-star safety rating from Bharat NCAP

    Maruti Suzuki’s INVICTO has earned a 5-star safety rating in Bharat NCAP, joining Dzire and VICTORIS in the company’s 5-star portfolio. With six airbags and NEXA/ARENA Safety Shield, safety and innovation come standard across models
  • Gautam Adani urges young entrepreneurs to lead India’s ‘second freedom struggle

    Gautam Adani, at the fourth Adani Green Talks, called on young entrepreneurs to lead India’s “second freedom struggle,” focusing on social innovation, equality, and sustainable growth. He emphasized building a collaborative ecosystem for startups to transform society and inspire change
  • Sensex, Nifty slip in early trade amid FII outflows and H-1B visa concerns

    Sensex and Nifty declined in early trade on Thursday as persistent FII outflows and concerns over US H-1B visa fees pressured investors. Weak global cues added to the decline, while Brent crude fell 0.43% to USD 69.01 a barrel.
  • Rupee recovers slightly to 88.60 amid dollar weakness

    The rupee rose 15 paise to 88.60 against the US dollar amid a weaker greenback. Trade uncertainties, H-1B visa fee hikes, and US tariffs continue to weigh, while Commerce Minister Piyush Goyal holds trade talks in the US.
  • Editorial: India’s chaotic rollout of E20

    Rushed implementation, lack of transparency, and questionable economics are creating avoidable confusion on ethanol-blended fuel policy
  • Indian-American executive named CEO of T-Mobile

    Srini Gopalan's appointment comes as US President Trump signed a proclamation imposing a staggering USD 100,000 fee on new H-1B visas
  • Rupee dips to 88.80 against US dollar amid tariff, H-1B concerns

    The Indian rupee slipped 7 paise to 88.80 against the US dollar on Wednesday amid US tariffs and H-1B visa fee hike concerns, coupled with persistent foreign fund outflows. Sensex and Nifty also opened lower, reflecting investor risk aversion.
  • Sensex, Nifty slip as FII outflows and H-1B visa hike weigh on sentiment

    Sensex and Nifty opened lower on Wednesday amid foreign fund outflows and concerns over the US H-1B visa fee hike. Major laggards included Tech Mahindra and ICICI Bank, while Brent crude rose 0.28% and Asian markets were mixed.
  • Opinion: India must make productivity a priority

    Rising tariffs, stagnant productivity, and AI disruptions demand a Commission for Productivity and Employment Growth
  • Editorial: Pass on GST benefits to consumers

    While the sweeping reduction of GST rates is a welcome move, the Centre must also address the legitimate concerns of the States over the potential revenue losses
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