Business

De-dollarisation: President Trump threatens BRICS with 100 pc tariffs

New Delhi: Expressing his stance against de-dollarisation vehemently on Friday, Donald Trump warned BRICS nations and threatened them with 100 percent tariffs on their exports if they try to replace the US…
Stock market opens higher ahead of Eco Survey, Union Budget

Mumbai: As the nation gears up for the Economic Survey and the Union Budget 2025-26, the domestic benchmark indices on Friday opened higher. Optimism was seen in the air as investors looked…

Budget session of Parliament kicks off tomorrow

New Delhi: The Budget Session of Parliament will begin on Friday (January 31) with Finance Minister Nirmala Sitharaman scheduled to table the Economic Survey after President Droupadi Murmu addresses the joint session…
Indian automotive sector may see 70 pc workforce expansion in H2 FY25

Bengaluru: The Indian automotive sector, which contributes approximately 7 per cent to the country’s GDP, is likely to see 70 percent workforce expansion in the second half of FY25, a report showed…
L&T’s Q3 profit dips despite 53 pc surge in orders

Mumbai: Larsen & Toubro (L&T) reported over 1 per cent decline in net profit for the third quarter (Q3) of the financial year 2024-25 at Rs 3,358.84 crore, excluding non-controlling interests, from…
1 in every 2 cars to be a battery electric vehicle by 2035: Report

New Delhi: One out of every two cars sold globally is projected to be a battery electric vehicle (BEV) by 2035, a report said on Wednesday. Their sales are predicted to make…
Honda aims to capture 40 pc of global bike market

New Delhi: Honda Motor Company has announced that for the current fiscal year ending March 31, its global motorcycle unit sales are expected to reach 20.2 million units, which is approximately a…

Indian stock market opens higher, Nifty above 23,000

Mumbai: The domestic benchmark indices opened higher on Wednesday for second day in a row, as investors are now looking forward to positive cues in the upcoming Union Budget 2025-26. As of…
Committee formed to study supply of sand for Indiramma Illu in Telangana

Hyderabad: Chief minister A Revanth Reddy ordered a study on the supply of sand to the Indiramma houses being constructed across the state. A four-member committee comprising state special chief secretary to…
UPI’s share in India’s digital payments surged to 83 pc: RBI report

Mumbai: The share of the Unified Payments Interface (UPI) in India’s digital payments has surged from 34 percent in 2019 to an impressive 83 percent in 2024, with a remarkable CAGR (cumulative…
US embassy cancels visa appointments in Colombia amid deportation dispute

Bogota: Visa appointments at the US Embassy in Colombia were cancelled Monday following a dispute over deportation flights from the US that nearly turned into a costly trade war between the two…
Mumbai police arrest Torres CEO in multi-crore investment fraud case

Mumbai: The Economic Offences Wing (EOW) of Mumbai Police, which is investigating the multi-crore Torres investment fraud, has arrested the company’s Chief Executive Officer (CEO) Tausif Riyaz from Lonavala, officials said. Riyaz,…
RBI to inject another Rs 1.1L crore to enhance liquidity in banking system

Mumbai: The Reserve Bank of India (RBI) on Monday announced that it would inject another Rs 110,000 crore liquidity into the banking system through open market purchase auctions of Government securities and…
Centre unveils enhanced system to simplify certification process for exporters

New Delhi: In a bid to simplify the certification process for exporters and enhance trade efficiency, the government on Monday launched an upgraded Certificate of Origin (eCoO) 2.0 system. The Directorate General…
Telangana is committed to building strong trade relations with Japan: Sridhar Babu

Hyderabad: The Telangana government welcomed a visiting Japanese delegation in hopes of building potential partnerships in trade and industries. The delegation comes from the Aichi administrative district of Japan. Headed by Hirohito…