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Business
Government to Establish Processing Parks in Four States with Emphasis on Lithium and Nickel
India is set to establish four dedicated critical mineral processing parks in Gujarat, Maharashtra, Andhra Pradesh, and Odisha. This initiative aims to enhance domestic processing capacity for lithium and nickel,…
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Business
Future Outlook for the Federal Reserve and Consumer Impact
Wholesale prices in the United States showed signs of cooling in July, indicating a potential easing of inflationary pressures. The Labor Department reported that the Producer Price Index (PPI) rose…
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Business
Tata Trusts Initiates Search for Chandrasekaran’s Successor
MUMBAI: Tata Trusts has initiated the process to find a successor for N Chandrasekaran as chairman of Tata Sons, following his announcement that he will not seek reappointment at the…
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Business
New RBI Regulations Aim to Standardize Loan Rate Setting Across Banks and NBFCs
MUMBAI: New draft regulations from the Reserve Bank of India (RBI) may change how lenders set interest rates on loans. The proposed rules aim to standardize interest-rate calculations across banks,…
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Business
New Chief Executive Faces Challenge of Addressing Three Major Cash-Draining Companies
NEW DELHI/ MUMBAI: Tata Sons’ new chairman faces significant challenges with three major cash-losing ventures: Air India, semiconductor and electronics manufacturing, and Tata Digital. The Indian government views Tata Group…
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Business
Noel Takes Commanding Control Over Company Operations
MUMBAI: Noel Tata has emerged as a central figure in the Tata Group following N Chandrasekaran’s decision not to pursue a third term at Tata Sons. This shift comes amid…
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Business
Chandrasekaran Navigates Final Phase Amid Changing Dynamics and Increased Scrutiny
MUMBAI: N Chandrasekaran’s tenure as chairman of Tata Sons faces uncertainty just days before the company’s annual general meeting on August 18. His position is precarious as he lacks a…
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Business
Oil Prices Decline Amid OPEC’s 2026 Demand Forecast Cuts and Ongoing Supply Risks from Iran Conflict
Oil prices fell by more than $1 on Thursday, driven by a weaker outlook for global demand. The decline occurred amid ongoing supply disruptions linked to the Middle East conflict.…
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Business
India Aims to Enhance Strategic Petroleum Reserves with New Facilities in Madhya Pradesh and Rajasthan
NEW DELHI: India is set to enhance its strategic petroleum reserves by establishing new facilities in Bina, Madhya Pradesh, and Bikaner, Rajasthan, while also increasing storage capacity at Mangalore. This…
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Business
Media Organizations File Lawsuit Over Paid Access to Trump’s Posts on Truth Social
US President Donald Trump’s media company, Trump Media & Technology Group (TMTG), is facing a lawsuit from press organizations over its new Truth Social service. The lawsuit claims that the…
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Business
Parliamentary Committee Probes Discrepancy Between Increased Capex and Production Levels in Oil & Gas Sector
NEW DELHI: A parliamentary committee has raised concerns about the effectiveness of rising capital expenditure in India’s oil and gas sector, questioning whether it is leading to increased domestic production.…
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Business
Carmakers Raise Alarm Over Fuel Contamination Issues; Complaint Subsequently Withdrawn
Amid growing concerns over the impact of ethanol-blended E20 petrol on vehicles, internal communications among auto industry executives have revealed significant worries about fuel contamination. Since April 1, when E20…
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Business
Tata Trusts Responds to N Chandrasekaran’s Departure; Successor Selection Panel Formed
In a significant leadership shift, N Chandrasekaran has announced he will not seek reappointment as Chairman of Tata Sons when his term ends on February 20, 2027. The decision follows…
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Business
Parliamentary Panel Advocates Swift MDR Implementation for High-Value UPI Transactions
Parliament has approved amendments to the Payment and Settlement Systems Act, 2007, allowing for the introduction of a Merchant Discount Rate (MDR) on high-value digital transactions. This change aims to…
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Business
Concerns Over Bill in India Addressed as Talks Remain Reassuring
India could face tariffs of up to 100% on its imports of Russian crude oil if a new sanctions bill proposed by the Trump administration is enacted. The Lindsey O.…
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