What Q2 numbers say about FMCG health? Costs, quick commerce surge and climate hit

Consumer companies saw mixed performances in the September quarter, with subdued urban demand affecting some, while others like Varun Beverages and Zo...

Tata Trusts plans to trim cost flab with fitter management; several roles to be done away with

Tata Trusts is undergoing restructuring to streamline expenses by eliminating CFO and COO roles, reducing external consultants, and focusing on core p...

Nvidia CEO Jensen Huang: AI can help elevate India from ...

Jensen Huang, CEO of Nvidia, asserts that India has the essential resourcestech talent, a thriving digital economy, and extensive datato become ...

Incentive package in works to push green steel manufacturing

The steel ministry has begun discussions with the finance ministry on the proposed package, which will be rolled out in different phases, according to...

JSW Energy emerges top bidder for KSK Mahanadi Power

JSW Energy emerged as the top bidder for KSK Mahanadi Power, offering Rs 15,985 crore and surpassing Adani Power's Rs 15,885 crore bid. The auction s...

Tatas to enter red-hot quick commerce space with 'Neu Flash'

Joining Flipkart and Reliance Industries, salt-to-software conglomerate Tata Group is set to enter the ever-growing quick commerce sector as customer ...

Earnings from GST and VAT see marginal rise in Delhi

Delhi's tax revenue from motor vehicle taxes and GST in the first half of 2024-25 is concerning. Motor vehicle tax revenue decreased slightly, while G...

Gold helps hold up forex reserves

Since the beginning of the fiscal year, the Reserve Bank has increased its gold stock by 31.6 tonnes, raising its total to 853.6 metric tonnes by Sept...

Cryptocurrencies huge risks to financial stability: RBI Governor Das

Cryptocurrencies pose significant risks to financial and monetary stability, said RBI Governor Shantikanta Das. He emphasized that they could undermin...

Construction and agriculture drag India Inc's Q2 revenue growth to 5-7%: Crisil report

Indian Inc's revenue growth slowed to 5-7% in Q2 of FY25, driven by poor performance in construction, industrial commodities, and agriculture. However...

Germany and Spain eye P75(I) submarine project

India's engagements with Germany and Spain center on niche defense collaborations, FDI, technology transfer, and manufacturing sector boosts. Both cou...

How a Mumbai drugmaker is helping Putin get Nvidia AI chips

Shreya Life Sciences in Mumbai exported Dell's advanced PowerEdge XE9680 servers containing Nvidia AI chips to Russia, bypassing Western sanctions. Ma...

PM to inaugurate Tata-Airbus C295 aircraft plant on Monday; facility set to bag orders for 12 more planes soon

India had signed a contract with Airbus in 2021 to buy 56 C-295 transport aircraft of which 16 were to be directly sent from Spain while 40 had to be ...

Formal jobs slip in August; EPF additions down 15%

New subscriptions to the Employees Provident Fund (EPF) scheme and the National Pension Scheme (NPS) hit their lowest since the start of the fiscal ye...

EAM Jaishankar highlights India's foreign policy transformations

External Affairs Minister S Jaishankar highlighted major changes in India's foreign policy over the past ten years. He emphasized the government's foc...

RBI's rosy growth forecast baffles economists

The Reserve Bank of India (RBI) maintains a positive growth forecast for India's economy, predicting a 7.2% expansion for the year ending March 2025. ...