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I dette nummeret

September 12, 2025

India Inc knocks on RBI door for US tariff buffer

Major export organisations and industry associations met Reserve Bank of India (RBI) Governor Sanjay Malhotra on Thursday and sought several relaxations to mitigate the adverse impact of the 50 per cent tariff imposed by the US on a majority of Indian products.

2 mins

FinMin, consumer affairs dept review MRP circular

Mandated price revision should show new GST slabs

2 mins

₹ hits fresh low on tariff jitters

On fragile ground

2 mins

Anti-E20 campaign was paid to target me politically: Gadkari

A day after criticising the \"petroleum lobby\" over the 20 per cent ethanol-blended petrol (E20) controversy, Union Road Transport and Highways Minister Nitin Gadkari on Thursday said a paid social media campaign was launched to target him politically.

2 mins

Four banks may log in to NBBL's 'interoperable netbanking' in October

At least four banks — HDFC Bank, Axis Bank, State Bank of India (SBI), and AU Small Finance Bank — along with several online payment aggregators are expected to go live next month on a new system for interoperable netbanking transactions.

1 mins

Companies allay fears of using E20-fuelled vehicles

A day after Union Transport and Highways Minister Nitin Gadkari said that a social media campaign against E20 fuel was \"paid for\" and \"politically motivated\" targeting him, vehicle manufacturers assured that all cars made since 2023 can safely run on E20 fuel.

1 mins

Cognizant back among top four IT firms globally: CEO

Cognizant Chief Executive Officer Ravi Kumar (pictured) has said the company has broken into the winners' circle, or among the top four information-technology (IT) services firms globally earlier than 2027, the target to do so.

1 mins

Real-money gaming cos lose unicorn race

All the four real money gaming (RMG) companies, which had earned the unicorn status, have now lost the coveted crown following the government's ban on online games involving money.

1 mins

FY26 CV sales may surpass pre-Covid peak

The overall volume sales of the commercial vehicle (CV) industry are expected to surpass the pre-pandemic peak in the current financial year on the back of the recent GST push, Shenu Agarwal (pictured), MD and CEO of Ashok Leyland, said on Thursday at the 65th annual convention of SIAM.

1 mins

Small SUVs to gain most due to GST cut: Hyundai

The small sports utility vehicle (SUV) segment — comprising models less than 4 metres in length — could witness the \"maximum\" growth among all categories in the coming months following the recent goods and services tax (GST) rate rationalisation, Tarun Garg (pictured), chief operating officer of Hyundai Motor India (HMIL), said on Thursday.

1 mins

Helped by GST move, PV sales growth may rebound to 7% by FY27: Maruti

The country's largest carmaker Maruti Suzuki India expects auto sales to bounce back to the glory days of 7 per cent growth by FY 27, helped by the proposed GST rate cut which is expected to bring down car prices by 3.5 to 8.5 per cent.

1 mins

Need true self-reliance in auto sector: PM

Modi says govt, industry should work together

1 mins

US tariffs: Home textile revenue likely to dip 5-10%

Home textile manufacturers' revenues are likely to decline by 5-10 per cent, apart from a reduction in operating profitability as a result of 50 per cent US tariffs, according to a report by Crisil Ratings.

1 mins

Glitter to gloom on brass lanes as export orders dry up

In a dimly-lit room on a Moradabad brass lane, Pirzada Zafar Khan, 62, has spent long years making diyas that have brightened many Diwalis.

3 mins

No entry for sanctioned ships at Adani ports

The Adani group has stopped accepting vessels that are sanctioned by the European Union, the US and the UK at all of its ports, sources said and orders issued by Adani Ports and Logistics show.

1 mins

Manufacturers' energy costs at 20-year low

Better for business

2 mins

Pharma, medtech bodies seek transition time, simpler refunds

With the new GST regime coming into effect in just 10 days, pharmaceutical and medical technology device (medtech) industry bodies have urged the government to ensure a smooth transition in the critical health-care services to prevent supply chain disruptions.

1 mins

Contractors, Hoteliers Push for GST Fixes, Clarity on ITC

Urge CBIC to Implement a Special GST Payment Mechanism

2 mins

India's External Debt Rose at Fastest Pace in 7 Years in FY25

India's external debt increased 10.1 percent in 2024-25 (FY25) to $736.3 billion, marking the fastest expansion in seven years in dollar terms.

2 mins

Going digital in 2027 likely to raise Census cost by a tad

Actual spending by RGI declining since FY21

1 mins

₹ hits fresh low of 88.44 against $ on tariff jitters

\"USD-INR is expected to remain range-bound reaching 87.25 to 88 by March 2026, with bilateral tariffs on India expected to reduce to 25 per cent by December 2025.

1 mins

India Inc turns to RBI for US tariff buffer

Engineering Export Promotion Council of India (EEPC) Chairman Pankaj Chadha said the council has urged the RBI to introduce an interest subvention scheme for MSMEs to help them remain competitive globally.

1 mins

Banks' dividend payouts may fall by 4.2% in FY26

Indian banks' dividend payouts are expected to decline in FY26 owing to subdued growth in net interest margins and net profits amid slowdown in credit, according to S&P Global Market Intelligence report.

1 mins

Finance firms may keep cornering market share from banks

S&P Global Ratings on Thursday said India's finance companies, especially the upper-layer firms, were likely to continue to corner the market share from banks over the next two years, backed by a higher growth rate and robust financial profile.

1 mins

Pralhad Joshi for sugar sector to tap global biofuel market

Govt announces ₹100 crore financial support for green hydrogen startups

1 mins

India one of the top relationships of US: Rubio

India is one of the top relationships the US has in the world today, and Washington is in a period of \"extraordinary transition\" in that relationship with Delhi, US Secretary of State Marco Rubio said on Thursday.

1 mins

Next-gen PSBs on agenda as two-day Manthan begins

Focus on cybersecurity, customer experience, scaling strategies

1 mins

State to boost funding in auto, defence via subsidies

The Rajasthan government is aiming to push investment in sectors such as auto, electric vehicle (EV) components, defence and drones, through subsidies under the Rajasthan Investment Promotion Scheme (RIPS) 2024, according to a state industries department official.

1 mins

Housing board earns record ₹435 cr revenue

The Chhattisgarh Housing Board has earned a record revenue of ₹435 crore in the past six months by selling more than 2,000 properties, said a minister about the state-run organisation that has suffered losses for five years.

1 mins

Tamil Nadu govt seals deals worth ₹24,307 cr at Hosur investor meet

The Tamil Nadu government on Thursday said it had secured investment deals worth ₹24,307 crore during an investors' meeting in Hosur, which, once realised, would have the potential to generate 49,353 jobs across sectors like renewable energy (RE), defence, footwear, and aerospace.

1 mins

Over 100 global companies eyeing big-ticket investments

At least 100 Fortune 500 and other leading global firms have expressed an interest in investing in Uttar Pradesh (UP) as the state makes a bid to attract big-ticket investments with an eye on becoming a one-trillion-dollar economy by 2030.

1 mins

India pledges $680 mn package for Mauritius

In its continuing efforts to sustain its influence in the Indian Ocean Region (IOR) amid an expanding Chinese footprint, India on Thursday pledged $680 million special economic package for Mauritius, including $25 million budgetary assistance for 2025-26 (FY26).

2 mins

Trump's ally Charlie Kirk shot dead at Utah college

Shooter still at large; Medal of Freedom announced for 'martyr'

2 mins

IMF says Fed has scope to lower interest rates

The US economy is showing some strains after years of resilience, with domestic demand moderating and job growth slowing, the International Monetary Fund (IMF) said on Thursday.

1 mins

Nepal Army keeps watch amid deadlock over interim govt

The deadlock over the selection of an interim head to run the Nepal government continued on Thursday, even as President Ramchandra Paudel appealed for peace and said he was aiming to find a solution to the political crisis within the constitutional framework.

2 mins

UNSC to Hold Meeting on Drone Incursions: Poland

Poland said on Thursday the United Nations Security Council will hold an emergency meeting to discuss drone incursions into its airspace, which its president portrayed as an attempt by Russia to test Warsaw and North Atlantic Treaty Organization's (NATO) response.

1 mins

Social media is teaching children how to use AI. How can teachers keep up?

Artificial intelligence (AI) is reshaping how students write essays, practise languages and complete assignments.

3 mins

US Inflation Rises to 2.9% Ahead of Key Rate Decision

Inflation moved higher last month as the price of gas, groceries, hotel rooms and airfare rose, along with the cost of clothes and used cars.

1 mins

The lemon-plus problem in corporate rescues

Unhealthy cultural templates erode enterprise value, denting the feasibility of rescue

4 mins

The stories within stories in Kashmir

Award-winning journalist Ipsita Chakravarty's debut book is a story about stories in Kashmir.

3 mins

Trade overtures

India should support affected exporters

2 mins

Nepal on the brink

Ruling elites out of sync with the people

2 mins

Rewiring public procurement for innovation

The recently launched ₹1 trillion Research, Development and Innovation (RDI) Scheme signals a historic shift in India's innovation policy.

4 mins

IN BRIEF

Over 80 per cent of Indian consumers have listed food safety as a vital driver and say that brands must have clean labels, credible certifications and clear communication of product benefits, according to a report by PwC India-Voice of the Consumer 2025.

1 mins

India's Semicon Market Expected to Touch $103.5 Billion by 2030

India's semiconductor market, which is currently at $54.3 billion in 2025, is expected to touch $103.5 billion by 2030—growing at a 13.8 percent compound annual growth rate—workforce solutions company Quess Corp said in its latest report released on Thursday.

1 mins

Adani, Jindal, JSW Among 21 Bidders to Submit EoI for GVK Energy

The Adani group, JSW Neo Energy, and Jindal Power Ltd (JPL) are among 21 bidders who have submitted Expressions of Interest (EoI) for acquiring GVK Energy Ltd, which is currently undergoing insolvency proceedings, according to people in the know.

1 mins

Biocon Inaugurates First Manufacturing Unit in US

Bengaluru-based biopharmaceutical giant Biocon has inaugurated its first US manufacturing facility in Cranbury, New Jersey, through its wholly-owned subsidiary Biocon Generics Inc (BGI), marking a key milestone in the company's global expansion strategy.

1 mins

India Tightens Grip on Global Smartphone Market by Value

Steady gains make country third-largest market; China and UK see declines

1 mins

Advertisers can now target urban, rural audiences separately on YouTube

Google has launched an India-specific feature for advertisers, a first such initiative which will help them target urban and rural audiences separately through its video-sharing platform YouTube, said Shubha Pai, head of brand solutions, Google India.

1 mins

Entry-level 5G smartphone market heats up ahead of festival season

India's entry-level 5G smartphone segment, typically held to be those priced below ₹10,000, is set to bustle in the upcoming festival season as brands like HMD, Poco, and Lava launch their products.

2 mins

Tata Capital's $2 bn public issue likely in early October

Tata Capital is likely to launch its much-anticipated $2 billion (over ₹17,000 crore) initial public offering (IPO) in the first half of October after the Reserve Bank of India (RBI) has granted an extension to list its shares on the bourses, according to people familiar with the matter.

1 mins

Gold, silver could shine brighter

The rally in precious metals continued into September.

3 mins

Leverage fever lifts margin trading book past ₹1 trn

Brokerages cash in, but flat markets test investors' bets

1 mins

US markets hold near records as fresh data keeps Fed on track to cut rates

Wall Street is holding near its record levels following mixed US data that likely keeps the path clear for the Federal Reserve to cut interest rates in order to boost the economy.

1 mins

Mkts extend winning streak amid trade talk optimism

Indian equity benchmarks gained on Thursday, with the benchmark Nifty 50 posting its longest winning streak since April 23, amid growing optimism that India and the US would reach a trade deal.

1 mins

U.S., China Gains Whet Appetite for Int'l MFs

Net inflows hit ₹500 cr in Aug; new accounts reach 19-month high

2 mins

Get written assurance on continuity benefits when switching

A decade or so earlier, senior citizens found it difficult even to purchase a health insurance policy.

2 mins

Home loan topups for education, health, and more

For many Indians juggling long-term financial goals, a topup home loan often emerges as a smarter borrowing option than personal or gold loans.

1 mins

AMC Stock Rally May Have More Steam Left

Shares have risen as much as 53% in six months

2 mins

Rain ravage: Tracking infra loss

India didn't have any way to know the extent of these losses till March this year, when the DM Act of 2005 was amended to set up a 'disaster database'

4 mins

India is a multi-hazard geography, needs multi-faceted approach

Safi Ahsan Rizvi, advisor (mitigation) in the National Disaster Management Authority (NDMA), speaks in detail to Subhomoy Bhattacharya about the planning that goes on at the NDMA. Edited excerpts:

2 mins

End practice of recruiting Indians into Russian military: MEA

India on Thursday urged its citizens to stay away from offers to join the Russian Army and demanded Moscow to end its practice of recruiting Indians as support staff into the Russian military.

1 mins

RBI Purchases 4.16 Acres From Mumbai Metro For ₹3,472 Crore

The Reserve Bank of India (RBI) has bought a 4.16-acre parcel at Nariman Point, a prime business district in Mumbai, for ₹3,472 crore from the Mumbai Metro Rail Corporation Ltd (MMRCL).

1 mins

TV budgets fade, streaming holds, films steal spotlight

Asia's content spend to drop 2% to $15.8 billion in 2025 as streaming overtakes pay-TV: Media Partners Asia report

2 mins

Delhi restaurants prepare for packed Sunday as India-Pak match buzz continues

Even as tickets for the upcoming Asia Cup match between arch-rivals India and Pakistan remain to be sold out, cafes and restaurants in the national capital are gearing up for a packed house on Sunday.

1 mins

WhatsApp user data our private property, Meta tells NCLAT

User data collected by Meta from WhatsApp is Meta's private property to enhance the platform's technology, the firm argued before the National Company Law Appellate Tribunal (NCLAT) on Thursday.

2 mins

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