Reliance Industries Reports 9.6% Rise in Q2 Net Profit Amid Inventory Losses
Reliance Industries Limited sees a 9.6% rise in net profit, driven by retail and telecom growth, despite inventory losses affecting sequential earnings.
Business
India's GST Collections Rise 9% to ā¹1.89 Lakh Crore in September
Gross Goods and Services Tax (GST) collections increased by 9% in September, highlighting robust economic activity amid recent rate reforms.
Indian Rupee Hits Record Low Amid Market Concerns and Tariff Issues
The Indian rupee reaches an all-time low against the US dollar amid foreign outflows and global trade uncertainties.
Moody's Downgrades Tata Motors' Outlook Following Cyber-Attack on JLR
Tata Motors faces a negative outlook from Moody's after a cyber-attack halts production at Jaguar Land Rover, affecting financial forecasts.
Gautam Adani's Wealth Rises Significantly After SEBI's Approval
Following a SEBI decision, Gautam Adani's net worth surged ā¹299 crore in a day, boosting confidence in his companies amidst allegations.
Securities and Exchange Board of India Clears Adani Group of Allegations
The Securities and Exchange Board of India dismisses Hindenburg Research's claims against Adani Group, affirming no violations occurred.
Maruti Suzuki Victoris Debuts in India with 5-Star Safety Rating
The Maruti Suzuki Victoris SUV launches in India, starting at Rs 10.50 lakh, boasting a 5-star safety rating from Global NCAP.
SEBI Eases IPO Regulations for Large Companies and Foreign Investors
The Securities and Exchange Board of India relaxes IPO requirements while introducing new frameworks aimed at foreign investors and compliance.
Moody's Predicts Greater Revenue Loss from India GST Cuts Than Expected
Moody's Ratings estimates that Indiaās GST cuts will result in higher lost revenue than government predictions, impacting fiscal health.
E-commerce Delivery Costs Set to Rise After 18% GST Implementation
E-commerce platforms in India, including Zomato and Swiggy, will charge 18% Goods and Services Tax on delivery fees starting September 22, 2025.
India Implements New GST Rates on Car Purchases
The Indian government has revised GST rates for cars, aiming to boost affordability and enhance personal mobility.
Maruti Suzuki Launches Local Battery Production for Electric Vehicles
Maruti Suzuki's new facility in Gujarat will produce batteries for the e-Vitara and hybrids, enhancing India's green mobility efforts.
Factors Influencing Indian Stock Market Performance This Week
Key elements shaping stock market trends ahead of crucial trading days in India.
CBI Conducts Raids Linked to Anil Ambani Over ā¹2,929 Crore Fraud
The Central Bureau of Investigation launches operations linked to Anil Ambani over significant bank fraud involving Reliance Communications in Mumbai.
India's Trade Deficit Reaches Eight-Month High Amid Import Surge
India's merchandise trade deficit rose to over $27 billion in July as imports surged ahead of anticipated US tariff hikes.
ICICI Bank Lowers Minimum Balance Requirement After Customer Backlash
ICICI Bank reduces minimum balance for new urban accounts after significant customer feedback, now setting it at ā¹15,000.
India's Retail Inflation Hits Eight-Year Low at 1.55% in July
India's retail inflation fell to 1.55% in July 2025, the lowest since 2017, primarily due to lower food prices, impacting farmers.
JSW Cement IPO Oversubscribed Nearly Eight Times on Final Day
JSW Cementās ā¹3,600 crore IPO closes with 7.77 times subscription, strong QIB demand, and listing set for 14 August on BSE and NSE.
Tesla Opens First Supercharger Station inĀ Mumbai
Tesla inaugurates its first Supercharger station in Mumbai, marking a key milestone for electric vehicles in India, alongside the launch of Model Y.
India's Niti Aayog Proposes National EV Policy for 30% Sales by 2030
Niti Aayog calls for a national electric vehicle policy as India aims for 30% EV sales share by 2030, highlighting significant challenges ahead.
Tata Motors Targets $4.5 Billion Acquisition of Iveco Truck Division
Tata Motors is set to acquire Italian truck manufacturer Iveco for $4.5 billion, marking a significant expansion for the automotive group.
India's Software Industry Faces Job Cuts Amid AI Transition
Tata Consultancy Services plans to lay off 12,000 employees as artificial intelligence reshapes India's software sector.
Future Rate Cuts by RBI Depend on Growth and Inflation Outlook
Reserve Bank of India Governor Sanjay Malhotra highlights the importance of economic forecasts over current data for future monetary policy.
Indian Stock Markets Decline for Second Consecutive Day
The BSE Sensex drops 721 points amid investor concerns and global trends.
Reliance Mutual Fund's Rs 2,850 Crore Investment in YES Bank Under Scrutiny
Reliance Mutual Fund's substantial investment in YES Bank's AT-1 bonds is now under investigation for alleged financial misconduct.
Israel says it will return to ceasefire after airstrikes in Gaza killing dozens
Israel resumes ceasefire enforcement following airstrikes in Gaza that killed 44. Tensions remain high as aid is set to restart amid US pressure.
Samsung Set to Unveil Its First Tri-Fold Smartphone Soon
Samsung's innovative tri-fold smartphone may debut during the APEC summit in South Korea, promising advanced technology for global leaders.
'India not going to buy Russian oil anymore', Trump repeats claim during meeting with Ukrainian President
US President Donald Trump reiterates claims that India will stop purchasing Russian oil amid ongoing tensions over the war in Ukraine.
Trump, Putin to meet in Hungary to discuss war in Ukraine
US President Donald Trump confirms plans to meet Vladimir Putin in Hungary to discuss peace efforts regarding the Ukraine conflict following a productive call.
Trump says Modi assured him "India Will Not Buy Oil From Russia"
US President Donald Trump states Prime Minister Modi assured him India will cease purchasing oil from Russia amidst rising global tensions.
Trump claims "economically hostile act" by China, threatens terminating business with Beijing
U.S. President Trump discusses potential trade sanctions against China over its refusal to purchase American soybeans, impacting farmers nationwide.
Trump hails historic dawn of a new Middle East after Israeli hostages are released
Israel and Hamas conclude a significant hostage exchange, paving the way for peace talks amid ongoing challenges in the Gaza region.
'The war is over', says Donald Trump as he flies to Israel, Egypt
As US President Trump heads to Israel, he announces the end of hostilities in Gaza, praising the ceasefire and planned peace efforts.
Trump threatens new 100% tariff on China effective November 1 "or sooner"
Donald Trump escalates trade tensions with China by imposing a new 100% tariff on a range of products, threatening upcoming summit with Xi Jinping.
Israeli government approves US-brokered Gaza ceasefire and hostage release deal
Israel's government has approved a ceasefire agreement with Hamas, paving the way for a potential end to hostilities and hostagesā release.