The Times of India - Business (7 hours ago)
Wall Street experienced a surge, nearing record highs, driven by optimism surrounding a ceasefire between Israel and Iran. The announcement triggered a drop in oil prices and a broad rally across sectors, particularly benefiting travel, crypto, and tech stocks. Despite calls for rate cuts, the Federal Reserve maintained a cautious stance, citing...
ReadThe Times of India - Business (7 hours ago)
Tata Motors Group's JLR is navigating global supply chain disruptions, leveraging lessons from the semiconductor shortage. Despite US tariff hikes, JLR has no plans for US manufacturing, mitigating impact through market adjustments and cost management. Tata Motors remains confident about rare earth supplies and EV launch plans, while Avinya EV...
ReadThe Times of India - Business (8 hours ago)
A Qantas Airways flight from Perth to Paris was forced to return to its origin after 15 hours due to Iranian missile strikes causing widespread airspace closures in the Middle East. The diversion impacted other Qantas services, including the Perth-London route, which was rerouted to Singapore.
ReadThe Times of India - Business (8 hours ago)
This curated list highlights companies with top ratings from Stock Reports Plus and "Strong Buy/Buy" recommendations from IBES, offering insights into financially robust organizations. Stock Reports Plus utilizes Refinitiv's expertise to assess over 4,000 listed companies based on earnings, fundamentals, valuation, risk, and price momentum.
ReadThe Hindu - Business (8 hours ago)
Without disclosing names of the airlines, airports and other entities in relation to the defects, DGCA said surveillance covered multiple critical areas such as flight operations, airworthiness, ramp safety, Air Traffic Control, Communication, Navigation and Surveillance systems, and pre-flight medical evaluations
ReadThe Times of India - Business (9 hours ago)
The Indian rupee surged, marking its largest single-day gain in nearly five years, closing at 86.05 against the US dollar. This rebound was fueled by a significant drop in global crude oil prices and easing geopolitical tensions in West Asia. A weaker dollar and positive performance in domestic equities further bolstered the rupee.
ReadThe Times of India - Business (9 hours ago)
KPIT Technologies shares have rebounded strongly, increasing 36% since April 2025 after hitting a 52-week low. The stock is showing bullish signals, including a range breakout and potential Cup and Handle pattern formation. Experts suggest a buy with a target of Rs 1,520, advising a stop loss below Rs 1,370.
ReadThe Times of India - Business (9 hours ago)
Hindalco Industries, through its subsidiary Aditya Holdings LLC, will acquire AluChem Companies Inc for $125 million. This all-cash deal aims to bolster Hindalco's specialty alumina portfolio, adding AluChem's 60,000-tonne annual capacity across three US facilities. The acquisition aligns with Hindalco's strategy to expand its global footprint in...
ReadThe Hindu - Business (10 hours ago)
IOB is also emphasizing to increase its Marginal Cost of Funds-Based Lending Rate (MCLR) linked Loan portfolio which shall help the bank in reducing the volatilities erupted due to sudden change in RBI Policy Repo Rate, IOB MD and CEO Ajay Kumar Srivastava said
ReadThe Times of India - Business (11 hours ago)
Federal Reserve Chair Jerome Powell indicated the central bank's intent to hold steady on interest rates, prioritizing further economic data analysis before contemplating any reductions. This stance directly contradicts President Trump's renewed calls for immediate rate cuts. Powell is set to face potentially challenging hearings on Capitol Hill,...
ReadThe Times of India - Business (12 hours ago)
In Jammu and Kashmir, the Centre is reconsidering financial approvals for the Singhpora-Vailoo and Sudhmahadev-Dranga tunnel projects to enhance year-round connectivity. These projects aim to establish a safer alternative to the Jammu-Srinagar NH 44. Additionally, the Peer Ki Gali tunnel on the Mughal Road is part of a broader initiative to provide...
ReadThe Times of India - Business (12 hours ago)
Telecom Minister Jyotiraditya Scindia emphasized the need for robust competition in the telecom sector, stating that a duopoly is unhealthy. Guidelines for delicensing 6 GHz spectrum for Wi-Fi services will be issued before August 15. He highlighted the government's commitment to equitable access to technology and urged device manufacturers to...
ReadThe Times of India - Business (13 hours ago)
Global central banks, overseeing approximately $5 trillion in reserves, are reportedly planning to diversify away from the US dollar. A recent survey indicates a growing interest in gold, the euro, and the Chinese yuan as alternative reserve assets.
ReadThe Times of India - Business (13 hours ago)
Bitcoin soared past $105,000, fueled by eased geopolitical tensions following a ceasefire agreement and significant inflows into spot ETFs. Altcoins also surged, with Solana, Sui, and Chainlink leading the gains. Market sentiment turned greedy as investors await Federal Reserve Chair Jerome Powell's comments for further cues on interest rate...
ReadThe Times of India - Business (14 hours ago)
Hindustan Copper Limited will bid for critical mineral blocks. The company will collaborate with Indian Oil Corporation and GAIL. They will jointly participate in mineral auctions. Hindustan Copper explores international opportunities. It plans a pact with Coal India for exploration in Chile. The company signed an agreement with RITES Limited. They...
ReadThe Times of India - Business (14 hours ago)
Novo Nordisk has launched Wegovy in India, an anti-obesity drug aimed at managing weight and reducing cardiovascular risks. Priced between Rs 17,345 and Rs 26,050 per month, the injectable drug targets India's large obese population. The company aims to create awareness and collaborate with stakeholders to combat obesity, citing its significant...
ReadThe Times of India - Business (14 hours ago)
Tata Consultancy Services is investing heavily in expansion. New campuses and office spaces are planned across India. Bengaluru, Kolkata, and Kochi are key locations. The company aims to boost delivery capacity. This move signals confidence in India's tech talent. TCS reported strong financial results for FY25. Headcount also increased with new...
ReadThe Times of India - Business (14 hours ago)
ACME Solar Holdings has fully commissioned its 300 MW Sikar Solar Project in Rajasthan, boosting its operational renewable energy capacity to 2,890 MW. Located in Bikaner, the project is expected to generate 780 million units of renewable energy annually. ACME also marked its wind energy debut with a 50 MW project in Gujarat, executed by its...
ReadThe Times of India - Business (15 hours ago)
India is poised for a consumption boom, potentially adding $30-40 billion annually, driven by tax cuts, salary increases, and lower borrowing costs. Analysts anticipate a significant rise in discretionary spending, benefiting sectors like food delivery and consumer goods. Investors should consider opportunities as economic indicators and liquidity...
ReadThe Times of India - Business (15 hours ago)
The ITR filing deadline for FY 2024-25 has been extended to September 15, 2025, potentially waiving penal interest under Section 234A if self-assessment tax is paid by the extended date. However, this extension does not affect penal interest applicability under Sections 234B and 234C for advance tax deficiencies, which remain in effect.
ReadThe Times of India - Business (15 hours ago)
Walmart aims to source $10 billion in goods annually from India by 2027, according to CEO Doug McMillon during his recent visit. The company is expanding its sourcing beyond traditional categories, engaging with a more diverse range of Indian suppliers. McMillon also lauded the performance of Flipkart and PhonePe.
ReadThe Times of India - Business (15 hours ago)
Gautam Adani announced that Adani Group's drones and anti-drone systems played a crucial role in Operation Sindoor, India's counter-terror strike. The company's loitering munitions conducted precision strikes, while counter-drone units protected Indian assets. Adani reaffirmed the group's commitment to national missions, reporting record revenue...
ReadThe Times of India - Business (16 hours ago)
Civil Aviation Minister K Rammohan Naidu refuted media reports claiming the Air India Ahmedabad crash black box was sent abroad. He confirmed the Aircraft Accident Investigation Bureau (AAIB) is analyzing it in India. The London-bound Boeing 787-8 Dreamliner crashed on June 12, killing 241, and the government formed a panel to investigate the...
ReadThe Times of India - Business (17 hours ago)
Stock market recommendations: SBICAP Securities' Sudeep Shah suggests Trent and Bharti Airtel as top stock picks, citing positive technical indicators and potential for upward momentum. Nifty is expected to test 25400-25550, while Bank Nifty aims for 57000-57500.
ReadThe Times of India - Business (17 hours ago)
Will Public Provident Fund (PPF) rate fall below 7% for the first time in decades, influenced by the Gopinath Committee formula and fluctuating 10-year government bond yields? Despite the possibility of a rate cut, PPF remains an attractive investment due to its tax-free interest, especially compared to taxable bank deposits and capped Voluntary...
ReadThe Times of India - Business (17 hours ago)
India has made significant strides in sustainable development, securing 99th position in the 2025 SDG Index, a notable improvement from previous years. While global progress on SDGs is slow, East and South Asia have shown the most advancement. The report highlights the need for global financial system reforms to support emerging economies in...
ReadThe Times of India - Business (17 hours ago)
Indian Railways is set to hike passenger train fares for the first time in several years. The minor increase in fares will be effective from July 1, 2025. Earlier this month, Indian Railways made a significant announcement requiring Aadhaar authentication for tatkal train ticket bookings.
ReadThe Times of India - Business (18 hours ago)
Gold prices plummeted on MCX after a reported ceasefire announcement between Iran and Israel, with August futures dropping by approximately 3% to Rs 96,422/10 grams. Silver also declined, while both metals had previously gained due to Middle East tensions.
ReadThe Times of India - Business (20 hours ago)
Stock market recommendations: Mirae Asset Sharekhan's Somil Mehta recommends buying Bharat Forge and National Aluminum. Bharat Forge, exhibiting a breakout from a consolidation pattern, is expected to continue its uptrend with targets at Rs 1350. Similarly, National Aluminum has broken out of a bullish flag pattern, projecting an upward movement...
ReadThe Times of India - Business (20 hours ago)
Adani Airports Holdings Ltd. (AAHL) has secured $1 billion in financing for Mumbai International Airport (MIAL) through a project finance structure. This includes issuing $750 million in notes for refinancing and a provision to raise an additional $250 million. The funds will support MIAL's capital expenditure program for development and...
ReadThe Times of India - Business (20 hours ago)
Asian shares experienced a surge following the announcement of a ceasefire between Iran and Israel, which eased investor concerns about potential energy supply disruptions. Oil prices declined as the perceived risk of conflict de-escalated, with both Brent and WTI crude futures dropping. The positive market sentiment was further bolstered by...
ReadThe Times of India - Business (A day ago)
Commerce and Industry Minister Piyush Goyal affirmed that India's free trade agreements (FTAs) prioritize domestic industry interests through extensive stakeholder consultations, carefully balancing offensive and defensive needs. He emphasized pursuing trade pacts with complementary economies, ensuring national and public interests are upheld.
ReadThe Times of India - Business (A day ago)
The Finance Ministry has extended the deadline for central government employees to choose between the Unified Pension Scheme (UPS) and the National Pension System (NPS) to September 30, 2025. This decision follows requests from employee unions and retirees seeking more time to evaluate their options.
ReadThe Times of India - Business (A day ago)
India's economic activity presented a mixed scenario in June, following a notable slowdown in May. While electricity demand showed signs of recovery, vehicle registrations weakened. The May slowdown was attributed to a weaker performance in core sectors like electricity generation and rising unemployment, though some indicators like two-wheeler...
ReadThe Times of India - Business (A day ago)
Despite escalating Middle East tensions and rising crude prices, experts believe oil supply through the Strait of Hormuz will likely remain unaffected. While India has diversified its oil sources, any disruption could still inflate global prices.
ReadThe Times of India - Business (A day ago)
Following US strikes on Iran's nuclear facilities and ongoing tensions, global markets are reassessing Donald Trump's willingness to act decisively. The previous assumption that Trump would back down from threats, particularly regarding tariffs, is now in question. The economic impact hinges on Iran's response, with potential scenarios ranging from...
ReadThe Times of India - Business (A day ago)
Filing income tax returns for FY 2024-25 is necessary if taxable income exceeds ₹3 lakh (new regime) or ₹2.5 lakh (old regime). Mandatory filing also applies to high-value transactions like large deposits, foreign travel expenses, or high electricity bills.
ReadThe Hindu - Business (A day ago)
"Nearly 10 lakh metric tonnes of Basmati rice is exported from the country to Iran, of which Haryana's share is about 30-35%," Rice Exporters Association's state unit president said, adding that shipments of about 1 lakh metric tonnes of basmati rice for Iran are stuck at ports.
ReadThe Times of India - Business (A day ago)
US stock markets edged higher on Monday, seemingly unfazed by the escalating Middle East conflict, including recent US-led airstrikes on Iran's nuclear facilities. The Dow, Nasdaq, and S&P 500 all saw gains, with investors primarily focused on upcoming economic data, earnings reports from major companies like FedEx and Nike, and potential fiscal...
ReadThe Times of India - Business (A day ago)
The weakening rupee, hovering around Rs 23.5 per AED, has triggered a surge in remittances from NRIs in the UAE and Saudi Arabia. Currency exchange firms report a significant increase in AED-INR transactions since mid-June. Despite the usual summer slowdown, expats are capitalizing on the attractive exchange rate, sending money home as quickly as...
ReadThe Times of India - Business (A day ago)
India's private sector surged in June, hitting a 14-month high driven by strong domestic and international demand. The HSBC Flash India Composite PMI reached 61.0, fueled by manufacturing and services. Export orders grew at a record pace, particularly in manufacturing, leading to increased hiring. While input cost inflation eased, business...
ReadThe Times of India - Business (2 days ago)
Stock market today: The NSE Nifty 50 declined by 140.50 points or 0.56 per cent to close at 24,971.90. BSE Sensex, the 30-share index, which had fallen by more than 900 points during trading, partially recovered to end at 81,896.79, showing a decline of 511.38 points or 0.62 per cent.
ReadThe Times of India - Business (2 days ago)
The Indian Army has ordered 450 NAGASTRA-1R loitering munitions from Solar Defence and Aerospace Limited (SDAL), a cost-effective and reusable system with high precision. SDAL also completed trials of its Rudrastra VTOL UAV, showcasing long endurance and precision strike capabilities. Additionally, the company tested its Bhargavastra counter-drone...
ReadThe Times of India - Business (2 days ago)
NPCI introduced a real-time PAN and bank account validation facility on the Income Tax e-filing website via a new API, as announced on June 17, 2025. This initiative aims to streamline verification, ensuring secure and faster processing of income tax refunds and direct benefit transfers. Banks are urged to prioritize system upgrades to support this...
ReadThe Times of India - Business (2 days ago)
Approximately 100,000 tonnes of basmati rice destined for Iran are stuck at Indian ports due to the Israel-Iran conflict, impacting India's exports. This accounts for 18-20% of total basmati exports to Iran, causing shipping and insurance disruptions.
ReadThe Times of India - Business (2 days ago)
NTPC, the state-owned power giant, plans to raise up to ₹18,000 crore through private placement of bonds or non-convertible debentures (NCDs) in the domestic market. A postal ballot notice has been issued to seek shareholders' approval via e-voting for the fundraising. The funds will support NTPC's aggressive capacity expansion, working capital...
ReadThe Times of India - Business (2 days ago)
Namo Bharat trains successfully completed trial runs on the entire 82-km Delhi-Meerut RRTS corridor, achieving speeds of 160 kmph and completing the journey in under an hour. This marks a significant step towards full commissioning, enhancing connectivity across the National Capital Region. The corridor features advanced signalling and integrates...
ReadThe Times of India - Business (2 days ago)
Iran-Israel war: Amidst rising tensions, concerns escalate over potential disruptions to global oil supply via the Strait of Hormuz. While a prolonged blockade remains unlikely, even brief closures could trigger significant price surges and economic instability. Iran's strategic position offers various retaliatory options, yet faces constraints...
ReadThe Times of India - Business (2 days ago)
Gold price prediction today: Gold prices experienced volatility last week amid escalating geopolitical tensions between Iran and Israel, coupled with a steady dollar. Gold prices are expected to trade sideways to positive, with support at ₹97,000-₹98,000 and resistance at ₹100,000-₹100,100.
ReadThe Times of India - Business (2 days ago)
Following US airstrikes on Iranian nuclear facilities, Brent Crude prices initially surged by 5% before paring gains. Concerns over potential supply disruptions, particularly the Strait of Hormuz closure, could push oil prices above $100 per barrel, according to Goldman Sachs.
ReadThe Hindu - Business (2 days ago)
Stable macroeconomic outcomes require co-ordination between fiscal and monetary policy. The effects of expansionary fiscal policy can be nullified through contractionary monetary policy; this occurred in the U.K. and the U.S., where the announcement of tax cuts were met with a reluctance to further cut interest rates
ReadThe Times of India - Business (2 days ago)
Stock market recommendations: Motilal Oswal Financial Services recommends Larsen & Toubro and Trent as top stock picks for the week starting June 23, 2025. L&T's international order growth and focus on new sectors are expected to drive revenue. Trent anticipates substantial growth, capitalizing on India's expanding retail market and its unique...
ReadThe Times of India - Business (2 days ago)
Following recent accidents exposing safety gaps, the DGCA introduces a special-audit framework for India's aviation sector. This initiative replaces siloed inspections with a 360-degree evaluation of safety management, operational practices, and regulatory adherence across all domains. Led by senior officials and experts, these risk-based audits...
ReadThe Times of India - Business (2 days ago)
India's coffee exports have witnessed a remarkable surge, climbing by 125% in the last 11 years and reaching $1.8 billion in 2023-24. This growth is attributed to supportive policies from the Coffee Board of India, including digitalization and export incentives. With Europe as a primary destination, India's shade-grown coffee aligns with...
ReadThe Times of India - Business (2 days ago)
Amidst US-Iran tensions and potential Strait of Hormuz closure, India, importing 2 million bpd through it, feels secure. Diversified sources like Russia, the US, and Brazil offer alternatives. Gas supplies remain unaffected. While near-term oil prices may surge to $80/barrel, India's strategic reserves and alternative sourcing strategies provide a...
ReadThe Times of India - Business (2 days ago)
The DGCA has updated operational guidelines for airlines, prioritizing safety over schedules during adverse weather. Pilots are encouraged to divert or turn back when necessary, especially considering climate change's impact. The guidelines emphasize conservative approaches, weather avoidance planning, and communication, also addressing ice crystal...
ReadThe Times of India - Business (2 days ago)
Amazon India has introduced at-home diagnostics services in six major cities, expanding its healthcare offerings under Amazon Medical. In collaboration with Orange Health Labs, Amazon Diagnostics enables users to book lab tests, schedule appointments, and access digital reports via the Amazon app. This integration of pharmacy, clinic, and...
ReadThe Times of India - Business (2 days ago)
India's formal job market experienced significant growth in April 2025, with the EPFO adding 19.14 lakh net members, a 31.31% increase from March. New enrolments were dominated by the 18–25 age group, and female participation saw a sharp rise. Maharashtra led state-wise contributions, indicating a robust expansion in the organized workforce and...
ReadThe Times of India - Business (2 days ago)
China's restrictions on rare earth metal exports threaten over 21,000 Indian audio electronics jobs. Elcina reports disruptions to supply chains, impacting hearables and wearables. Manufacturers are importing finished goods. They are moving away from local component production. Elcina urges government intervention through talks with China. They...
ReadThe Times of India - Business (3 days ago)
Despite a 22% dip in FY24 exports due to global headwinds, India's agrochemicals industry is projected to reach USD 14.5 billion by 2027-28, growing at a 9% CAGR. Herbicides are driving export growth, with Japan emerging as a key buyer. Manufacturers are adapting through cost efficiency and diversification, fueling a steady recovery.
ReadThe Times of India - Business (3 days ago)
The Iran-Israel conflict threatens India's West Asia trade. Export disruptions and shipping risks are rising. Trade with Iran, Israel, and other nations could suffer. Strait of Hormuz disruption would hit energy security. Red Sea issues already impact trade. Global trade faces a downturn. India's export goals are now at risk due to geopolitical...
ReadThe Times of India - Business (3 days ago)
To combat the surge in digital payment frauds, major Indian banks are collaborating with the RBI to develop a Digital Payment Intelligence Platform (DPIP). This Digital Public Infrastructure aims to enable real-time intelligence sharing and data analysis for fraud prevention.
ReadThe Times of India - Business (3 days ago)
A new report by GTRI reveals concerns that proposed relaxations in local content rules for the telecom sector could disadvantage Indian manufacturers. The Department of Telecommunications' potential amendments to the Public Procurement Order may favor multinational corporations like Cisco and Ericsson. This shift could undermine domestic innovation...
ReadThe Times of India - Business (3 days ago)
Amidst Iran-Israel tensions, India has significantly increased its Russian oil imports, surpassing combined purchases from Saudi Arabia and Iraq. This shift, driven by discounted prices, sees Russian oil constituting a substantial portion of India's crude imports.
ReadThe Times of India - Business (3 days ago)
India's top companies experienced a significant market valuation surge last week, with Bharti Airtel and Reliance Industries leading the gains, contributing to a collective increase of Rs 1,62,288.06 crore. This positive trend aligned with a broader market rally, as the BSE Sensex climbed substantially.
ReadThe Times of India - Business (3 days ago)
Geopolitical unrest, particularly in the Middle East, is significantly impacting the Indian workplace. A recent survey reveals that over 63% of companies have frozen hiring or initiated downsizing. Consequently, many employees are experiencing affected appraisals and are actively seeking new skills or alternative job options amidst rising anxiety...
ReadThe Times of India - Business (3 days ago)
India's power capacity hits 476 GW, with 49% from non-fossil fuels, mainly renewables at 226.9 GW, according to a government report. Solar energy has surged, but coal still dominates at 50.52%. The nation ranks high globally in renewable energy capacity.
ReadThe Times of India - Business (3 days ago)
SpiceJet has been ordered by a Mumbai consumer commission to compensate a senior citizen with Rs 25,000 for mental distress and Rs 5,000 for legal costs, due to an incorrectly issued ticket during a rerouted journey in December 2020. Despite acknowledging the airline's efforts to reroute after a flight cancellation, the commission cited "deficient...
ReadThe Times of India - Business (3 days ago)
Frederick W. Smith, the founder of FedEx, passed away at 80, leaving behind a transformative legacy in the logistics industry. Smith's innovative concept of overnight delivery revolutionized global commerce, establishing FedEx as a recognizable brand. His vision, born from a college term paper, overcame initial skepticism to reshape air cargo...
ReadThe Times of India - Business (3 days ago)
Gross direct tax collections saw a modest increase of under 5% up to June 19, with advance tax receipts growing at a muted 3.9%, signaling potential concerns about corporate profit growth. Net direct tax collections dipped slightly due to a significant surge in refunds, reflecting the finance minister's push for quicker disbursal.
ReadThe Times of India - Business (3 days ago)
The Centre and Karnataka government have partnered to compensate mango farmers for losses due to a sharp decline in market prices. This joint effort, finalized in a meeting between Union Agriculture Minister Shivraj Singh Chouhan and Karnataka Agriculture Minister N Chaluvaraya Swamy, will cover up to 2.5 lakh tonnes of mangoes.
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