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"business-news"

  • Gold falls Rs 400 to Rs 97,620 per 10g; silver drops Rs 2,500 amid global cues

    Gold prices dipped Rs 400 to Rs 97,620 per 10 grams in Delhi, tracking weak global cues and persistent selling by stockists. Silver prices tumbled Rs 2,500 to Rs 1,09,500 per kg as investor sentiment weakened due to US Fed’s hawkish stance
  • India’s fuel exports escape Trump’s tariff net, but new penalties for Russia trade remain uncertain

    An executive order from President Trump imposes a 25 per cent tariff on Indian goods, but petroleum products are on an exclusion list; analysts are awaiting details on a separate penalty for energy ties with Russia
  • Manish Tewari alleges “disaster” in Air India’s management, calls for government takeover

    Congress MP Manish Tewari has called for the government to take back Air India from the Tata Group, citing poor management and safety concerns. His comments come after a London-bound flight was delayed and a DGCA audit flagged 51 safety lapses at the airline
  • Godrej properties’ Q1 Profit Rises 15 per cent, sales booking declines

    The real estate firm's net profit touched Rs 598 crore, while sales booking fell 18 per cent to Rs 7,082 crore due to a high base effect
  • Tata Motors sales dip in July

    Wholesales decline 4 per cent year-on-year, driven by a slump in passenger vehicle dispatches; commercial vehicle sales show a 7per cent jump
  • Financial turbulence for Ola electric as sales drop by 57 per cent

    Amid stiff competition and user complaints, the company's stock price and market capitalisation have also plummeted. The firm reported a Q1 FY26 net loss, signaling a challenging financial period
  • Swiggy Q1 net loss widens to Rs 1,197 crore amid Instamart drag

    Swiggy reported a net loss of Rs 1,197 crore for Q1 FY26, nearly doubling from a year earlier, largely due to a Rs 896-crore loss from Instamart. Despite this, revenue rose 52 per cent YoY to Rs 5,048 crore and GOV jumped 108 per cent
  • Adani Enterprises Q1 profit drops 49 per cent as coal trading business slumps

    Adani Enterprises reported a 49 per cent decline in Q1 profit to Rs 734 crore, impacted by weaker coal trading due to reduced demand. While revenue dropped 14 per cent, airport EBITDA surged 61 per cent, and new infra projects are progressing steadily across key verticals
  • Adani Enterprises Q1 EBITDA from incubating businesses rises 5 per cent to Rs 2,800 crore

    Airports and clean energy led the growth. Overall consolidated EBITDA stood at Rs 3,786 crore, with PBT at Rs 1,466 crore and income at Rs 22,437 crore
  • Income Tax Department raids Nuvama Wealth offices in Jane Street probe

    This follows SEBI's ban on Jane Street for allegedly disrupting the derivatives segment. The ongoing investigation is a significant enforcement action in India's capital markets, impacting index options activity
  • India’s economy is ‘dead,’ only PM and FM don’t know says Rahul Gandhi

    Congress leader Rahul Gandhi attributed this to BJP's policies, further claiming a US trade deal will be dictated by Trump. Gandhi also criticised the government's handling of foreign policy and its alleged impact on India's global standing
  • IndiGo’s Q1 net profit dips 29 per cent to Rs 2,176 crore

    Airline sees 7.47 per cent decline in revenue from operations to Rs 20,496 crore in the April–June quarter, from Rs 22,152 crore in the preceding quarter
  • Asian Paints Q1 net profit dips 6.2 per cent amid soft domestic demand

    Asian Paints reported a 6.2 per cent drop in Q1 net profit to Rs 1,117 crore and a marginal dip in revenue. While domestic demand remained soft, international markets and industrial coatings segments showed growth. Margins were impacted by higher marketing spends
  • Naidu seeks AI Singapore’s support to set up AI, innovation hubs in Andhra

    Andhra Pradesh Chief Minister N Chandrababu Naidu also engaged with SIA Engineering on MRO services and will meet top Singaporean leaders for investment talks
  • NSE Q1 profit jumps 14 per cent to Rs 2,924 crore despite 3 per cent fall in total income

    Normalised profit before tax stood at Rs 3,683 crore after key one-off adjustments
  • SEBI has mechanisms to address conflict of interest, says Minister

    SEBI has internal mechanisms to address conflict of interest, including a disclosure and recusal framework, the Centre told Parliament. A high-level committee has been set up to review and strengthen regulations under new Chairperson Tuhin Kanta Pandey’s leadership
  • Apple powers India past China as top smartphone exporter to US in April–June

    India overtook China as the top exporter of smartphones to the US in Q2 2025, thanks to Apple’s strategic shift in manufacturing. “Made-in-India” devices accounted for 44 per cent of imports, with Apple’s iPhone 16 Pro models driving the growth
  • New UPI rules from August 1 to cap balance checks, auto-pay timings and more

    The NPCI will enforce new UPI rules from August 1, limiting balance checks, restricting auto-pay timings, and capping reversal requests. The changes aim to ease network congestion, enhance transaction security, and improve the user experience across payment apps
  • Coal India to hit 1 billion tonne production target by 2026-27: Minister

    The government projects annual coal output growth of 6-7 per cent to reach 1.5 billion tonnes by 2029-30
  • India-UK FTA boosts services exports and opens doors for professionals

    The India-UK Comprehensive Economic and Trade Agreement (CETA) promises significant gains for services exports, duty-free access to 99% of India’s goods, and enhanced mobility for professionals. It aims to double bilateral trade to $100 billion by 2030 while safeguarding core sectors
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