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Business
Government Reaches 78% of FY27 Disinvestment and Asset Monetization Goals in Just Five Months
The Indian government has achieved approximately 78% of its FY27 budgeted target of Rs 80,000 crore for disinvestment and asset monetisation within the first five months of the financial year.…
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Business
Oil Prices Steady Amid Choppy Hormuz Flows, Heading for Weekly Losses
Oil prices remained steady on Friday but were on track for a significant weekly decline. Brent crude futures were down 4 cents at $89.66 a barrel, while US West Texas…
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Business
India and China Invest in the Northern Sea Route: Implications from Suez to Russia’s Arctic
India is set to send its first cargo ship through the Northern Sea Route (NSR) in 2027, as the country reassesses its supply chain strategies amid ongoing geopolitical tensions. The…
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Business
India’s Foreign Exchange Reserves Reach Record High of $729.33 Billion Following $12.42 Billion Increase
India’s foreign exchange reserves reached a record high of $729.328 billion for the week ending August 21, marking an increase of $12.422 billion. This surge represents the eighth consecutive week…
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Business
Private Companies Experience Surge in First Quarter Sales, While Rising Costs Impact Profit Growth
MUMBAI: The private corporate sector in India experienced a significant surge in sales at the start of FY27, with a year-on-year increase of 19.4% to Rs 21.6 lakh crore in…
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Business
Noel Tata and Shapoorji Discuss Share Swap for Tata Sons Stake Sale
The Tata Group is negotiating with its largest minority shareholder, the Shapoorji Pallonji Group, to explore options for unlocking liquidity. This includes a potential share swap or buyout of the…
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Business
Jio Platforms Secures SEBI Approval for Major IPO, Poised to Become India’s Largest
Jio Platforms, the digital subsidiary of Reliance Industries led by Mukesh Ambani, has received approval from the Securities and Exchange Board of India (Sebi) for its initial public offering (IPO).…
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Business
Digital Transformation of Festive Shopping: From Gold Rakhis to Gadgets
Raksha Bandhan shopping has surged this year, with Instamart reporting 857 rakhis ordered every minute at noon on Friday. A customer in Bengaluru spent Rs 10,995 on five rakhis featuring…
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Business
Fed Chair Warsh Expresses Concern Over Inflation Data, Suggests Potential Rate Hike
Federal Reserve Chair Kevin Warsh has signaled that the central bank may need to raise interest rates in the coming months if inflation does not progress towards its 2% target.…
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Business
RANVOO Invites Dental Professionals to Help Shape the Future of Oral Care
Developing an electric toothbrush involves more than improving motor speed, battery life, or adding new features. The products must ultimately address real oral care needs. Dental professionals see those needs…
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Business
Thomas Kaplan Predicts Inevitable Surge in Gold Prices, Foreseeing $50,000 an Ounce
Will gold prices reach $50,000 per ounce in the coming years? Thomas Kaplan, chairman of Electrum and a billionaire investor, believes that gold could rise as much as tenfold from…
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Business
Trump Administration’s Immigration Policy Changes: H-1B Fee Increase and Visa Appointment Suspension Explained
The Trump administration is implementing stricter measures across the U.S. immigration system, affecting immigrant visas, H-1B workers, green card applicants, and some existing visa holders. New policies include a global…
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Business
Sugar Industry Faces Challenges as Retailers Implement Price Caps
MUMBAI: As the festival of Raksha Bandhan approaches, Indian consumers face restrictions on sugar purchases due to dwindling supplies. Major grocery retailers, including DMart and Reliance, are limiting customers to…
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Business
Are IT Companies Focused on Increasing Capacity or Enhancing Value?
BENGALURU: Indian IT companies are increasingly acquiring client technology units and specialized businesses to secure larger, long-term partnerships. This trend, reminiscent of past strategies, aims to enhance contract values as…
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Business
India Seeks to Review and Expand Long-standing Trade Agreement with Japan
NAGOYA: The Indian government has reiterated its demand for a review of the Comprehensive Economic Partnership Agreement (CEPA) with Japan, which has been in place for 15 years. Union Minister…
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