The NSO says the significant decline in inflation in June 2025 is mainly attributed to favourable base effect and decline in inflation of vegetables, pulses and products.
HCL Technologies reported a 9.7% drop in net profit for Q1 FY26, reaching Rs 3,843 crore, influenced by increased expenses and a client bankruptcy. Despite this, revenue rose 8.1% to Rs 30,349 crore, driven by technology and services. H ...more
India's Global Capability Centres are poised to significantly boost the nation's economy. Goldman Sachs executive predicts a $0.5 trillion contribution to India's GVA in the coming decade. The GCC sector is expected to employ millions, ...more
India's wealth management sector is set for rapid expansion. Jefferies projects over 20% annual growth in the next three years. This growth is fueled by a booming economy and more rich individuals. Firms are targeting the ultra-rich. Th ...more
India and the US are accelerating talks to finalize a trade deal before the revised August 1, 2025, tariff deadline. An Indian delegation is in Washington to negotiate the agreement's initial phase. Discussions aim to resolve issues in ...more
The proposed Sugar and Oil boards will display the amount of oil and sugar in commonly eaten items
A Beechcraft B200 crashed at Southend Airport, killing at least four people. The incident led to the airport's closure and flight cancellations.
R Doraiswamy has been appointed as the new Managing Director and CEO of Life Insurance Corporation of India (LIC), effective until August 28, 2028. Approved by the Appointments Committee of the Cabinet, his selection follows a recommend ...more
Week-long negotiations could determine if a mini-deal is possible by Aug 1, the new date for reciprocal tariffs
Raghuram Rajan questions India's absence of global giants like Toyota or Sony, criticising corporate complacency and protectionist policies, urging innovation and competitiveness
Yield of the new 10-year benchmark (maturing in 2035), which was first issued on May 2nd at a coupon rate of 6.33 per cent, was last traded at 6.32 per cent on Monday
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