The Times of India - Business (37 minutes ago)
EU and US economic restrictions are impacting Nayara Energy's EPC operations, leading firms like Technip Energies and PT Timas Suplindo to withdraw from tenders. Despite no direct sanctions, Nayara faces challenges due to Rosneft's significant ownership.
ReadThe Hindu - Business (8 hours ago)
What are the two preferred rate slabs suggested by the government? How will consumers benefit? Will this rationalisation lead to a dent in revenue earnings for the Union government and States? How will the government make up the loss from Goods and Services Tax?
ReadThe Times of India - Business (12 hours ago)
India's leather industry, a significant exporter to the US, faces a severe crisis due to newly imposed tariffs. The 25% duty on Indian leather imports, compounded by tariffs related to Russian oil purchases, threatens competitiveness. Exporters are exploring strategies like partial European production, while industry leaders urge government...
ReadThe Times of India - Business (12 hours ago)
The Reserve Bank of India (RBI) has approved Sumitomo Mitsui Banking Corporation's (SMBC) plan to acquire up to 24.99% stake in Yes Bank. This follows Yes Bank's earlier announcement regarding SMBC's intention to purchase a 20% holding. The RBI's approval, valid for one year, is subject to certain conditions, including compliance with banking...
ReadThe Times of India - Business (16 hours ago)
Several leading Indian banks are offering attractive returns on special fixed deposit (FD) schemes with a 444-day tenure. State Bank of India, Indian Bank, Bank of Baroda, IDBI Bank, and Canara Bank are among those providing competitive interest rates for general, senior, and super senior citizens.
ReadThe Times of India - Business (16 hours ago)
India is actively engaged in free trade agreement (FTA) negotiations with key partners like the EU, US, Chile, and Peru, according to Commerce Minister Piyush Goyal. He emphasized the world's interest in India as developed economies seek trade discussions.
ReadThe Times of India - Business (17 hours ago)
India and Australia concluded the 11th round of CECA negotiations in New Delhi, aiming to broaden their existing trade agreement. Discussions covered various sectors, including goods, services, digital trade, and environmental concerns. Both nations are committed to ongoing virtual negotiations to finalize a mutually advantageous comprehensive...
ReadThe Times of India - Business (19 hours ago)
India's seafood exports remained steady at $7.45 billion in 2024-25, despite a decline in shipment volumes to 16,98,170 tonnes. Frozen shrimp dominated exports, earning $5.17 billion. The United States continued as the largest market, importing $2.71 billion worth of seafood, followed by China and the European Union.
ReadThe Times of India - Business (23 hours ago)
External affairs minister S Jaishankar staunchly defended India's energy ties with Russia, emphasising their role in stabilising global oil prices and serving national interests. He asserted India's right to autonomous decision-making, addressing criticism over Russian crude purchases by stating that Europe and America also engage in such...
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