The Times of India - Business (59 minutes ago)
Flagging risks of slowing economic growth and job gains, the US Federal Reserve cut rates by 25 basis points. US is the world's largest economy and any benchmark rate movement by its central bank has global implications. Will the US Federal Reserve's decision to cut rates spur a rally or will Nifty50 and BSE Sensex remain range-bound in the coming...
ReadThe Times of India - Business (2 hours ago)
PepsiCo's CEO, Ramon Laguarta, and the company's board met with Prime Minister Modi in India amidst trade tensions and new GST taxes. This visit highlights India's strategic importance to PepsiCo, expecting significant future growth due to the country's market potential. Despite challenges like increased taxes on sugary drinks and trade disputes,...
ReadThe Times of India - Business (2 hours ago)
The government is planning to establish multi-disciplinary partnership (MDP) firms to rival global consulting and auditing giants like PwC and Deloitte. An Inter-ministerial Group has been formed to develop this ecosystem, aiming to strengthen Indian firms and reduce reliance on multinational corporations. Stakeholders are invited to share their...
ReadThe Times of India - Business (2 hours ago)
The EU is considering imposing tariffs on Israeli goods and sanctioning individuals, including ministers Ben-Gvir and Smotrich, to pressure Israel to end the Gaza war. EU foreign policy chief Kaja Kallas seeks support from the bloc's 27 countries, citing human rights concerns and the need for a ceasefire.
ReadThe Times of India - Business (2 hours ago)
The US Federal Reserve, led by Jerome Powell, has announced a 25 basis points rate cut, setting the federal funds rate to a range of 4 to 4-1/4 percent. This decision comes amidst concerns about moderating economic growth, slowing job gains, and persistent inflation slightly above the 2% target.
ReadThe Times of India - Business (3 hours ago)
Amazon is investing $1 billion to increase wages and lower healthcare costs for its U.S. fulfillment and transportation workforce. Average hourly pay will exceed $23, with tenured employees receiving raises between $1.10 and $1.90 per hour. Starting next year, the company will also reduce the cost of its basic health plan, lowering weekly...
ReadThe Times of India - Business (3 hours ago)
Indian IT giants like TCS, Infosys, HCLTech, and Wipro are eyeing a substantial $13 billion in contract renewals by December, potentially exceeding last year's $14 billion. Clients are pushing for cost savings and AI-driven efficiencies, influencing deal constructs. While mega deals remain strong, BPO deal sizes are shrinking due to cautious...
ReadThe Times of India - Business (4 hours ago)
Apollo Tyres has announced a reduction in tyre prices, passing on the benefits of the recent GST rate cut to customers. Prices will decrease by Rs 300 to Rs 2,000, depending on the product. Passenger car tyres will become cheaper by Rs 300 to Rs 1,500, while truck and bus radial tyres will see a reduction of about Rs 2,000.
ReadThe Times of India - Business (4 hours ago)
Commerce Minister Piyush Goyal expressed confidence in resolving trade issues with the US, citing the strong friendship between Prime Minister Modi and President Trump. Recent talks between Indian and US trade negotiators have been positive, aiming for a mutually beneficial agreement.
ReadThe Times of India - Business (5 hours ago)
The Bank of Canada has lowered its key lending rate to 2.5% in response to the economic strain caused by US protectionism and trade tensions. Canada's GDP shrank significantly in the second quarter of 2025, with exports plummeting due to fading advance orders.
ReadThe Times of India - Business (6 hours ago)
Wall Street showed mixed performance as investors awaited the Federal Reserve's anticipated interest rate cut announcement. The S&P 500 hovered near record highs, while the Dow Jones Industrial Average saw gains. Workday surged following Elliott Investment Management's stake acquisition, while General Mills declined despite strong profits due to...
ReadThe Times of India - Business (6 hours ago)
Union Commerce Minister Piyush Goyal anticipates a 6% rise in India's exports this year, highlighting the nation's strong trade performance and ongoing FTA talks with various countries. He emphasized India's growing economy and improving domestic conditions, citing the lowest unemployment rate at 5.1%.
ReadThe Times of India - Business (7 hours ago)
Hyundai Motor India and its employee union in Chennai have reached a three-year wage agreement, effective from April 2024 to March 2027. The deal includes a monthly salary increase of Rs 31,000, distributed over the three years, along with enhanced health coverage and wellness programs.
ReadThe Times of India - Business (7 hours ago)
S&P Global India Research indicates that despite global economic challenges, India's long-term economic prospects remain robust, fueled by reforms and infrastructure development. The nation is projected to maintain a 6.5% GDP growth in fiscal 2025-26, driven by domestic strengths and increasing global trade participation. India is also poised for...
ReadThe Hindu - Business (7 hours ago)
Seeking supplementary grants under Article 275 of the Constitution, Kerala asks 16th Finance Commission to 'reassess' State finances and resource needs for next five years when finalising its recommendations on vertical devolution and revenue deficit grants
ReadABC News - Business (8 hours ago)
Meta is expected to unveil updated, artificial intelligence-powered smart glasses at its Connect developer conference kicking off on Wednesday as CEO Mark Zuckerberg continues to evangelize the glasses as the next step in human-computer interactions
ReadThe Times of India - Business (9 hours ago)
Despite facing pressures from US tariffs and global uncertainties, India's current account deficit is projected to remain manageable at around 1% of GDP this fiscal year. This is attributed to resilient services exports, steady remittances, softer crude oil prices, and an improving trade balance. Encouragingly, merchandise exports grew in August,...
ReadThe Times of India - Business (9 hours ago)
Ben & Jerry's co-founder Jerry Greenfield has resigned after 47 years, citing eroded independence under Unilever, particularly regarding the brand's stance on Gaza. Greenfield expressed disappointment that Ben & Jerry's values of peace and justice were being sidelined.
ReadThe Times of India - Business (10 hours ago)
Stock market today: The NSE Nifty increased by 91.15 points or 0.36 per cent to reach 25,330.25. The BSE Sensex gained 313.02 points or 0.38 per cent, closing at 82,693.71, after reaching an intraday high of 82,741.95, up by 361.26 points or 0.43 per cent.
ReadThe Times of India - Business (10 hours ago)
State Bank of India has divested approximately 13.18% of its stake in Yes Bank Limited to Sumitomo Mitsui Banking Corporation, a prominent Japanese bank. This transaction marks a significant cross-border investment in India's banking sector. SBI remains a key shareholder with around 10.8% stake, continuing its support since the 2020 restructuring.
ReadThe Times of India - Business (10 hours ago)
The Securities and Exchange Board of India (Sebi) has leased a luxurious five-bedroom apartment in Mumbai's Prabhadevi for its chairman, Tuhin Kanta Pandey, at a monthly rent of Rs 7 lakh. The three-year lease includes a 3,000 sq. ft. apartment with four car parks and a 5% annual rent escalation, aligning with Sebi's policy for leased...
ReadThe Times of India - Business (11 hours ago)
Despite US tariffs in 2025, Indian stock markets achieved positive returns, bolstered by strong domestic fundamentals and GST reforms. Bank of Baroda's Sonal Badhan noted that markets have factored in tariff uncertainties. While global markets initially suffered, India, along with Hong Kong, Brazil, and China, showed resilience.
ReadThe Times of India - Business (11 hours ago)
Nestle's shares experienced a dip following the unexpected early departure of Chairman Paul Bulcke, adding to recent leadership turmoil. This exit, months ahead of schedule, follows the dismissal of CEO Laurent Freixe due to misconduct. Investors link Bulcke's departure to the company's recent instability, hoping for a return to stability under new...
ReadThe Times of India - Business (12 hours ago)
Finance Minister Nirmala Sitharaman announced that GST rate cuts, effective September 22, are expected to inject Rs 2 lakh crore into the economy. Post-reform, most items have shifted to lower tax brackets. Companies are reportedly reducing rates, passing benefits to consumers.
ReadThe Times of India - Business (12 hours ago)
The government is developing a comprehensive electronic land records database with cadastral maps to establish clear ownership in rural and urban areas. This initiative aims to enhance real-time access, improve land utilisation, reduce disputes, and ensure transparency. Progress is underway, with rural areas leading in digitization, while urban...
ReadThe Times of India - Business (12 hours ago)
India's exports to the US have been declining for three consecutive months, with August experiencing a significant 16.3% drop due to increased tariffs imposed by the US. The impact is uneven, heavily affecting sectors like apparel and gems, potentially leading to substantial export losses and job cuts.
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