Business

Textile, leather, gems, and jewellery stocks fell in Thursday morning trade after the US imposed a steep 50% tariff on Indian goods from August 27, impacting exports worth over USD 48 billion. Broader markets also declined sharply in response

Prime Minister Narendra Modi’s call to the people to buy indigenous goods must be seen as part of government’s efforts to protect the home turf amid tariff tensions

Association of Indian Medical Device Industry says changing GST rates for medical devices could impact domestic competitiveness if not carefully managed

Sensex rebounded 329 points on Monday as IT and auto stocks led gains, driven by global optimism and hopes of a US Federal Reserve rate cut. Nifty rose 98 points, while midcap and smallcap indices showed mixed performance

PM Modi inaugurated hybrid battery production in Ahmedabad and launched EV exports to 100 countries, highlighting India’s clean energy leadership, domestic battery manufacturing, electric mobility growth, and strengthened India-Japan industrial cooperation

Prime Minister Narendra Modi will visit Japan on August 29 for his first annual summit with PM Shigeru Ishiba to strengthen strategic ties, trade, and technology cooperation. The partnership is expected to benefit Africa and the wider Global South through sustainable growth

Suzuki Motor Corporation will invest Rs 70,000 crore in India over the next five to six years, expanding production and new models. PM Modi launched the e-Vitara EV in Gujarat, which will be exported to 100+ countries as Suzuki’s global hub.

Prime Minister Narendra Modi launched Suzuki’s first Made in India e-Vitara EV in Gujarat, marking a major push for green mobility. The model will be exported to over 100 countries as India emerges as Suzuki’s global hub for electric vehicles

The US administration will raise tariffs on Indian imports to 50% from Wednesday, targeting India over continued Russian oil purchases, sparking concerns in markets and raising trade tensions.

While maternal and child health indicators show remarkable progress, ageing populations, migration, and ‘ghost villages’ are a cause for concern

Gold prices slipped by ₹200 to ₹1,00,170 per 10 grams in Delhi on Monday, tracking weak global cues. Silver held steady at ₹1,15,000/kg. Analysts cited Fed’s dovish stance, US job data, inflation, and GDP outlook as key factors

Amazon India expanded its ‘Project Ashray’ with 40 new rest centres for delivery associates in partnership with HPCL. The centres, now totalling 65 across 13 cities, provide essential amenities and are open to all delivery personnel in the ecosystem.

RBI Governor Sanjay Malhotra stressed that the central bank remains focused on growth despite tariff and geopolitical challenges. He urged banks and corporates to revive investments, assured sector-specific support, and confirmed upcoming measures to expand credit and enhance financial inclusion

The government has imposed a minimum import price of ₹67,220 per tonne on virgin multi-layer paperboard imports till March 31, 2026, to curb dumping from countries like Indonesia. The move follows an anti-dumping probe initiated after complaints from domestic manufacturers

Asian shares rose Monday, tracking Wall Street’s rally after Fed Chair Jerome Powell hinted at possible rate cuts amid labor market risks. Gains were led by Hong Kong, Shanghai, and Taiwan, with chipmakers boosting sentiment ahead of Nvidia’s earnings report

Benchmark indices rose in early trade, boosted by IT stock buying and global markets reacting to a potential US Federal Reserve rate cut. Sensex and Nifty gained, while Asian and US markets showed positive trends amid investor optimism.

The rupee gained 18 paise to 87.34 against the US dollar in early trade, supported by positive domestic equities. Traders watch US economic data, August 27 tariffs, and Fed signals, while global oil and India’s forex reserves also showed gains.

The Commerce Ministry has proposed a Rs 25,000 crore plan to support small exporters in labour-intensive sectors with WTO-compliant schemes. The mission aims to improve trade finance, reduce costs, diversify markets, and strengthen India’s export competitiveness amid rising global tariffs

A policy article warns that US President Donald Trump’s 50 per cent tariffs on Indian imports over Russian oil purchases risk alienating India and pushing it closer to China. It urges Washington to follow the UK’s collaborative free trade agreement model instead

Eight of India’s top-10 most valued firms gained ₹1.72 lakh crore in market valuation last week, led by Reliance Industries. TCS, Airtel, ICICI Bank, Infosys, HUL, LIC, and Bajaj Finance also rose, while HDFC Bank and SBI declined

Bank of India has classified Reliance Communications’ ₹700 crore loan as fraudulent, naming former director Anil Ambani and others over alleged fund diversion in 2016. Earlier, SBI made similar allegations. CBI has launched investigations, while Ambani denies wrongdoing

Payment firms brace for 15 per cent revenue dip as online gaming law tightens; UPI may lose 25 crore transactions monthly

Ambani, RCom accused of conspiracy, cheating and diversion of funds; CBI raids ‘Sea Wind’ residence and RCom office in Mumbai

The expanded portfolio addresses cargo and passenger mobility needs while reinforcing India’s growing automobile sector footprint abroad