ABC News - Business (3 hours ago)
Minute Maid helped make orange juice a year-round morning staple in 1946, when it started shipping cans of frozen juice around the U.S. But 80 years later, the brand’s parent company is halting sales of frozen juice concentrates in the U.S. and Canada,...
ReadThe Times of India - Business (6 hours ago)
Companies will now have to pay a 10% customs duty on machines which are largely imported from parts of Europe (primarily Italy, Spain and Romania for roasting and brewing machines) and China (for vending machines), industry executives said. The cost of machines vary depending on the model and the region of sourcing and therefore firms tend to have...
ReadThe Times of India - Business (6 hours ago)
The pullback came amid a cautious global backdrop, with risk appetite weakening as global equity markets fell on concerns over AI-led disruption in the technology sector. European stocks slipped from record highs, US futures remained under pressure after a sell-off in software shares, and volatility persisted across asset classes. In...
ReadThe Times of India - Business (6 hours ago)
The sharp slide in sector leaders like TCS, Infosys and Wipro, also left BSE's IT index down 5.5% at close of session. Despite the tech meltdown, sensex closed marginally higher, up 79 points or 0.1%, as strong buying in other index-heavyweights like Reliance Industries and ICICI Bank more than made up for the loss inflicted by the software...
ReadThe Times of India - Business (6 hours ago)
The budget arm of AI had a fleet of 26 Boeing 737 NG (next generation) when the Tatas acquired it along with Air India in Jan 2022. Thanks to the fleet augmentation done by Tatas since then, along with the merger of erstwhile AirAsia India with AI Express, the airline now has a fleet of over 100 aircraft.
ReadThe Times of India - Business (6 hours ago)
In the Budget, FM Nirmala Sitharaman had proposed to provide a tax holiday till 2047 to any foreign company providing cloud services to customers globally by using data centre services from India. It will, however, need to provide services to Indian customers through an Indian reseller entity. Officials said profits on the income from domestic...
ReadThe Times of India - Business (6 hours ago)
The PE major entered Asia in 1994. It came to India two years later, just when the economic reforms under the then finance minister Manmohan Singh had started, and private equity was in its infancy. For the chief, one of the most significant developments in India in recent times was the growth of the domestic capital.
ReadThe Times of India - Business (6 hours ago)
Ambani was in conversation with Larry Fink, chairman & CEO, BlackRock Inc, one of the world's largest investment management firms with assets worth more than $11 trillion. Jio BlackRock is the Indian joint venture between RIL and BlackRock. The RIL chief also said that in the next 20-30 years, India's GDP could leapfrog from the current level of...
ReadThe Times of India - Business (6 hours ago)
Tuhin Kanta Pandey was speaking at the inaugural session of a program on the corporate bond market. The survey results published on Jan 20, showed that among Indian households, the awareness about cryptocurrency was at 15%. In comparison, the corresponding numbers for futures & options was 13% while for corporate bonds and Reits & InvITs it was at...
ReadThe Times of India - Business (8 hours ago)
Saudi Arabia's oil giant Saudi Aramco has successfully raised $4 billion through a bond issuance. The move highlights strong investor trust in the company's financial stability. The issuance, part of a global program, was priced in January 2026 and completed in early February 2026. Proceeds will fund capital expenditures and diversification...
ReadThe Times of India - Business (9 hours ago)
India and the US have reached a surprising trade deal, reducing tariffs on Indian goods to 18% after a year of strained relations. National Security Advisor Ajit Doval's quiet diplomacy in Washington was key, signaling India's refusal to be bullied while emphasising strategic partnership. This breakthrough eases tensions and paves the way for...
ReadThe Times of India - Business (10 hours ago)
US President Trump's push for India to reduce Russian oil imports could significantly impact Moscow's revenue, potentially forcing price cuts. Recent data shows a notable decline in Indian purchases, with further reductions anticipated due to refinery maintenance and limited alternative buyers like China. While India cites energy security,...
ReadThe Times of India - Business (12 hours ago)
CREDAI expressed disappointment with the Union Budget 2026-27, stating it lacked concrete measures to boost affordable housing. The industry body warned that without policy support, the segment's share in new home launches could significantly shrink, impacting the middle class.
ReadThe Times of India - Business (12 hours ago)
A significant 88% of individual taxpayers have embraced the new income tax regime, with presumptive tax cases seeing a 97% shift. The government confirms no sunset clause for the old system, emphasizing taxpayer choice. Policy changes, including MAT adjustments and proposed STT hikes, aim to further influence tax behavior and moderate derivatives...
ReadThe Hindu - Business (12 hours ago)
Supreme Court directs Enforcement Directorate to constitute a Special Investigation Team; criticises delay in registering case; calls for a 'fair, dispassionate' probe into the 'nexus, connivance, conspiracy, collusion' among bank officials, authorities, and managements of the companies
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