The Times of India - Business (51 minutes ago)
The US economy rebounded in the second quarter of 2025 with a 3.0% growth rate, reversing the previous contraction, primarily due to a sharp decrease in imports. Despite the positive headline figure, underlying economic weaknesses persist, as core measures indicate a slowdown and private investment plummeted.
ReadThe Times of India - Business (51 minutes ago)
The United States' imposition of a 25% tariff on Indian goods, starting August 1, alongside penalties for Russian oil and military equipment purchases, threatens India's economic growth. Key export sectors like pharmaceuticals, marine products, and textiles are expected to be significantly affected.
ReadThe Times of India - Business (2 hours ago)
US President Trump has imposed a 25% tariff on Indian goods amidst ongoing trade deal negotiations. Trump cited high Indian tariffs and its energy and military ties with Russia as reasons. Experts warn of potential GDP growth reduction for India, though some believe the impact will be temporary, pending a trade agreement.
ReadThe Times of India - Business (2 hours ago)
US President Trump, frustrated with stalled trade negotiations with India, has announced a 25% tariff on Indian goods starting August 1st. This decision stems from concerns over India's high tariffs, non-monetary trade barriers, and continued reliance on Russia for energy and military equipment.
ReadThe Times of India - Business (4 hours ago)
The Indian Banks' Association's proposal for a five-day work week in banks, declaring all Saturdays as holidays, is under government consideration. While the finance ministry acknowledges the proposal, it clarifies that implementation is pending, denying staff shortages as a hindrance. The decision, driven by calls for improved work-life balance,...
ReadThe Times of India - Business (4 hours ago)
IndiGo's Q1 FY26 profit declined 20% to Rs 2,176.3 crore due to the India-Pakistan war, airport closures, and the Air India Ahmedabad crash. Despite these challenges, passenger numbers rose 11.6% to 3.1 crore. The airline's total income increased by 6.4%, while total costs rose by 10.2%.
ReadThe Times of India - Business (5 hours ago)
T N Manoharan, a prominent figure in Indian finance, is no more. He was known for his role in recovering Satyam Computers after a major fraud. Manoharan also served as chairman of IDBI Bank and contributed to Canara Bank. He received the Padma Shri for his service. His expertise spanned accountancy, banking, and corporate governance.
ReadThe Times of India - Business (5 hours ago)
Trade experts criticize Donald Trump's tariff threats to India. Professor Joshi calls them 'arm-twisting' tactics. He warns against opening Indian dairy and agriculture sectors to the US. Joshi praises the India-UK Free Trade Agreement as a balanced model. The India-UK deal reduces duties on products. This agreement sets a benchmark for global...
ReadThe Times of India - Business (6 hours ago)
Stock market today: The NSE Nifty, consisting of 50 shares, increased by 33.95 points or 0.14 per cent to 24,855.05. The BSE Sensex, comprising 30 shares, advanced by 143.91 points or 0.18 per cent to close at 81,481.86. Throughout the session, it fluctuated within a narrow range, reaching a peak of 81,618.96, up by 281.01 points or 0.34 per cent.
ReadThe Times of India - Business (6 hours ago)
With the US tariff deadline looming, an India-US trade deal appears unlikely, though a last-minute breakthrough remains possible. Trump has hinted at tariffs of 20-25% on Indian goods, while India anticipates these as a temporary measure during ongoing negotiations. Sticking points include agriculture and dairy sectors, with the US seeking greater...
ReadThe Times of India - Business (7 hours ago)
A recent study reveals that CEO compensation in India's listed companies has surged to Rs 7.2 crore, marking a 9% CAGR over the last decade, while CFO pay reached Rs 2.3 crore. Manufacturing CEOs and service-sector CFOs lead in earnings, with northern India offering the highest executive pay. Multinational firms provide significantly higher...
ReadThe Times of India - Business (7 hours ago)
The Income Tax Department has facilitated ITR-U filings for AY 2021-22 and 2022-23, extending the correction window to 48 months as per the Finance Act, 2025. Taxpayers can now rectify errors by paying additional taxes, with penalties varying based on the filing timeline. However, certain restrictions apply, including limitations on nil returns and...
ReadThe Times of India - Business (8 hours ago)
EU sanctions on Russia are poised to significantly impact Indian refiners, potentially limiting their market access. An ICRA report highlights that India's petroleum product exports to the EU, which reached USD 14.3 billion in fiscal year 2025, could be affected.
ReadThe Times of India - Business (8 hours ago)
Microsoft has restored IT services to Nayara Energy, an Indian oil refinery backed by Russia. A lawsuit was filed by Nayara Energy due to service suspension following EU sanctions. The sanctions have significantly impacted Nayara's operations, leading to reduced refinery activities. Microsoft confirmed the restoration of services after Nayara's...
ReadThe Times of India - Business (8 hours ago)
Pakistan's government is rapidly moving to integrate cryptocurrency into its financial system, aiming to incorporate digital currencies into mainstream banking, forex operations, and gold trading. The State Bank of Pakistan is collaborating with the Finance Division and the Pakistan Crypto Council to develop a regulatory framework and launch a...
ReadThe Times of India - Business (9 hours ago)
Reliance Consumer Products is in preliminary talks to acquire a majority stake in Shunya, a zero-sugar fruit drink brand owned by Baidyanath Group's Naturedge Beverages. This potential acquisition aligns with Reliance's strategy of expanding its beverage portfolio and entering the healthy, functional drink category.
ReadThe Times of India - Business (9 hours ago)
August 2025 will see several bank holidays across India. Banks will be closed nationwide for Independence Day on August 15th. Various regional holidays, including Tendong Lho Rum Faat, Raksha Bandhan, Janmashtami, and Ganesh Chaturthi, will also lead to closures in specific states.
ReadThe Times of India - Business (10 hours ago)
EU sanctions on Russian oil are causing significant disruptions for Nayara Energy, a Russian-backed Indian refinery. Shipping companies are terminating contracts, and Microsoft has suspended IT services, impacting the refinery's operations.
ReadThe Times of India - Business (10 hours ago)
The Income Tax Department has facilitated online ITR-3 filing for AY 2025-26, benefiting individuals with income from share trading, business ventures, and unlisted shares. Key updates include mandatory Form 10-IEA selection, revised capital gains reporting, and higher asset/liability reporting thresholds. Filers must also provide detailed...
ReadThe Times of India - Business (11 hours ago)
National Securities Depository Limited's IPO has opened. The IPO aims to raise Rupees 4,012 crore through an offer for sale. The price band was between Rupees 760 and Rupees 800 per share. Brokerages recommended subscribing to the IPO for long-term investment. NSDL reported Rupees 1,420 crore in revenue for fiscal year 2025. Profit after tax rose...
ReadThe Times of India - Business (11 hours ago)
Tata Motors is reportedly on the verge of acquiring Italian truck manufacturer Iveco from the Agnelli family for $4.5 billion, marking the Tata Group's second-largest acquisition after Corus. The deal, excluding Iveco's defense operations, is expected to be announced soon, pending board approvals from both companies.
ReadThe Times of India - Business (12 hours ago)
Indian electronic contract manufacturers are strategically expanding their global footprint through acquisitions and partnerships, capitalizing on supply chain disruptions and tariff shifts, particularly those impacting China. These companies are acquiring technologies and certifications to access markets in the US and Europe, aligning with the...
ReadThe Times of India - Business (13 hours ago)
Canadian Tire is set to reduce its corporate staff as part of a major transformation plan to enhance competitiveness. The company aims to modernize operations amidst evolving retail challenges. While some corporate roles will expand, others will be eliminated. This restructuring follows a $2 billion investment plan and a previous workforce...
ReadThe Times of India - Business (14 hours ago)
President Trump's proposed tariffs on key imports like coffee, apparel, jasmine rice, cocoa, electronics, and raw materials are set to take effect, raising concerns about increased consumer prices and economic strain. Major trading partners, including Brazil, Vietnam, China, Thailand, and India, will face significant duties.
ReadThe Times of India - Business (15 hours ago)
Brokerage firms have issued varied ratings on several Indian stocks. JP Morgan remains positive on Bharat Electronics due to strong order wins and margin performance. Morgan Stanley is cautious on IndusInd Bank, citing high slippages and reduced earnings forecasts. Meanwhile, Citigroup is optimistic about Torrent Pharma, anticipating continued...
ReadThe Washington Post - Business (15 hours ago)
The NTSB will hold hearings to investigate the Jan. 29 crash between an American Airlines jet and an Army Black Hawk helicopter, examining potential factors including altimeter issues on the helicopter and the use of night vision goggles.
ReadThe Times of India - Business (16 hours ago)
The Asian Infrastructure Investment Bank (AIIB) plans to increase its investment exposure in India from $12 billion to $16-17 billion over the next two to three years. This expansion is driven by a focus on private sector projects, particularly in renewable energy, green mobility, and affordable housing.
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