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.
Business
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 ₹15,000.
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 Cement’s ₹3,600 crore IPO closes with 7.77 times subscription, strong QIB demand, and listing set for 14 August on BSE and NSE.
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.
Tesla Opens First Supercharger Station in Mumbai
Tesla inaugurates its first Supercharger station in Mumbai, marking a key milestone for electric vehicles in India, alongside the launch of Model Y.
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.
Indian Stock Markets Decline for Second Consecutive Day
The BSE Sensex drops 721 points amid investor concerns and global trends.
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.
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.
Infosys ADR Shares Surge After Positive Quarterly Profit Report
Infosys Ltd's ADR shares rise over 3% following a 9% increase in quarterly profits, marking a significant moment for the Indian IT giant.
Chanda Kochhar Convicted in Major ICICI Bank Loan Bribery Case
Former ICICI Bank CEO Chanda Kochhar found guilty of accepting a ₹64 crore bribe linked to a loan to Videocon Group. Legal proceedings continue.
Jane Street Readmitted to Indian Markets After Significant Deposit
US trading firm Jane Street resumes Indian trading following a $567 million deposit to comply with regulator conditions.
HDFC Bank Reports 12% Profit Growth, Announces Bonus Issue and Dividend
HDFC Bank reports ₹18,155 crore net profit and announces 1:1 bonus shares and ₹5 dividend for shareholders.
Reliance Retail acquires Kelvinator, The Coolest One
Reliance Retail has purchased the Kelvinator brand from Electrolux for nearly ₹160 crore, aiming to strengthen its position in India's consumer durables market.
iPhone 17 Series Set for Significant Dynamic Island Upgrade
Anticipation builds for the iPhone 17 series, featuring an enhanced Dynamic Island in September 2025, promising a more integrated user experience.
Jane Street Transfers ₹4,834.6 Crore to SEBI Amid Market Manipulation Allegations
Jane Street, a U.S.-based investment firm, has transferred ₹4,834.6 crore to SEBI following allegations of market manipulation.
Glenmark Pharmaceuticals Sees Steady Growth Amid Innovation Plans
Glenmark Pharmaceuticals reports a 57% increase in stock value over the past year, driven by strategic innovations in cancer therapies.
Gold vs Silver: Why Silver is Emerging as a Preferred Investment
Silver is attracting investors as a valuable alternative to gold. Market trends reveal a shift toward silver commodities.
Bitcoin Surges to $120,000: Rising Investor Optimism Drives Growth
Bitcoin reaches $120,000 for the first time, driven by investor confidence and institutional interest amid positive market conditions.
Wholesale Price Inflation Drops to Negative as Retail Inflation Reaches Low
Wholesale price inflation falls to -0.13% while retail inflation hits 2.1%, driven by easing food prices.
Hindustan Unilever Appoints Priya Nair as First Woman CEO
Hindustan Unilever names Priya Nair as CEO and Managing Director, marking the first female leadership in the company’s 92-year history.
Foxconn recalls Chinese staff from India, raising concerns over iPhone 17 rollout
Foxconn has recalled over 300 Chinese engineers from India, threatening delays to Apple’s iPhone 17 production as geopolitical tensions mount.
Asian Paints Faces CCI Probe Over Alleged Abuse of Market Dominance
India’s Competition Commission orders a probe into Asian Paints on claims of anti-competitive practices by Aditya Birla’s Grasim Industries.
