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Business / The Hindu

Indian govt assessing impact of U.S. court decision on Trump tariffs: Sources

According to trade experts, India must use the opportunity provided by the U.S. court decision to pause and reassess its strategy in the FTA negotiations

29 May 2025 6:24 pm
Stock markets rebound after 2-day fall as U.S. court blocks reciprocal tariffs; Sensex up 320 points

Sensex climbed to settle at 81,633.02 and Nifty went up to 24,833.60

29 May 2025 5:30 pm
Rupee declines 10 paise to settle at 85.48 against U.S. dollar

The unit hit the day's high of 85.40 before ending the session at 85.48 (provisional) against the dollar, 10 paise lower from its previous close

29 May 2025 5:20 pm
NCLAT grants interim stay on NCLT order rejecting Vedantas demerger proposal

In March, NCLT rejected the demerger of Vedantas power business and its merger with the resulting company TSPL, citing insufficient debt disclosure

29 May 2025 4:09 pm
e-Rupee in circulation grows to 1,016 crore; RBI explores cross-border CBDC pilots

As at end of March 2025, the e-Rupee retail pilot was expanded to 17 banks and 60 lakh users

29 May 2025 3:28 pm
CEA Nageswaran cautions private sector about need to strike a balance between AI & labour

Chief Economic Advisor V. Anantha Nageswaran said the country needs policies that are able to focus on labour intensive manufacturing as well.

29 May 2025 2:45 pm
U.K. flags new Indian market for Scottish salmon trade after FTA

Unlocking Indian market for Scottish salmon through U.K.-India FTA, boosting trade opportunities and economic growth across sectors in Scotland

29 May 2025 2:44 pm
Farmers need to explore agro products to increase income: Vice-President Jagdeep Dhankhar

Farmers make a lot of effort in cultivating and harvesting crops, but beyond that, their role is negligible, Jagdeep Dhankhar said

29 May 2025 2:07 pm
Schaeffler India opens new plant in Tamil Nadu

With this facility, Schaeffler India also aims to increase its transmission component capacity significantly

29 May 2025 1:43 pm
WEF founder Klaus Schwab files criminal complaint against whistleblowers, FT reports

The WEF launched an investigation in April into Klaus Schwab following a whistleblower letter alleging misconduct by him

29 May 2025 12:33 pm
Sensex jumps over 500 points in early trade

Markets rebound in early trade on May 29 after two days of decline

29 May 2025 10:33 am
Rupee declines 7 paise to 85.45 against U.S. dollar in early trade

The local unit was weighed down by higher crude oil prices overseas and disappointing domestic data on industrial output for April.

29 May 2025 10:32 am
Trump tells U.S. chip design software makers to halt China sales: Report

President Donald Trump's administration has ordered U.S. firms that offer software used to design semiconductors to stop selling their services to Chinese groups, the Financial Times reported

29 May 2025 9:58 am
Nvidia discloses more China risks, but CEO Jensen Huang praises Trump

Even as Nvidia reported another blockbuster quarter of 69% sales growth on Wednesday, the maker of artificial intelligence chips warned of more risks to its business

29 May 2025 9:18 am
Examining the RBIs remittances survey

The profile of migrants has shifted towards higher-skilled occupations. Transaction sizes have also become more concentrated at the upper end

29 May 2025 2:09 am
ITC shares decline over 3%; market valuation drops by 17,269 crore

The stock declined 3.18% to settle at 420.10 on the BSE

28 May 2025 10:02 pm
Hero FinCorp gets Sebi's nod to float 3,668 crore IPO

The proposed IPO is a combination of fresh issue of equity shares worth 2,100 crore and an Offer For Sale (OFS) of 1,568 crore

28 May 2025 9:58 pm
New Nissan Magnite to come with CNG retrofitment kit

We are not going anywhere from India, says MD

28 May 2025 9:43 pm
An Aadhaar system for batteries in the offing, says Tata Elxsi

It is a technology platform that can digitalise the identities of batteries and also support their traceability andcircularity

28 May 2025 9:13 pm
Natco Pharma logs highest-ever sales, net in FY25, wary of headwinds for U.S. business in FY26

Geopolitical uncertainties, pricing pressure in core portfolio in the U.S., higher R&D expenses likely to drag revenue up to 20%, profit 30% in current fiscal

28 May 2025 8:08 pm
South Africas Sanlam invests in Shriram AMC, becomes co-promoter

Shriram AMC said it has completed a preferential allotment of 38.89 lakh equity sharesto Sanlam Emerging Markets (Mauritius) Ltd (SEMM), raising 105 crore in growth capital

28 May 2025 7:34 pm
Rise of automation promises a future of dark factories, says TCS Chandrasekaran

The path is clear: IT and business services are moving toward autonomous operations

28 May 2025 7:14 pm
IIP growth slows to an 8-month low of 2.7% in April

In April this year, the mining and quarrying sector contracted 0.2%, its worst performance since August 2024. The manufacturing sector, however, saw a growth of 3.4%, a three-month high

28 May 2025 6:40 pm
Increased outward FDI by Indian companies warrants attention: Finance Ministry

That Indian overseas direct investment increased nearly by $12.5 billion during the year FY25, even as uncertainty reigned in the world, warrants attention, especially given their cautious attitude towards domestic investment, the Department of Economic Affairs of the Ministry of Finance noted in its Monthly Economic Review released on May 27, 2025.

28 May 2025 12:21 pm
BSNL posts profits for second consecutive quarter

The state-run telcos books have benefited from cost-cutting and infrastructure leasing in preceding quarters; in subsequent quarters, net profits may be relatively lower due to heavy infrastructure spending, BSNL head Robert J. Ravi said.

28 May 2025 10:31 am
Rupee depreciates 23 paise to 85.63 against U.S. dollar in early trade

The rupee falls to 85.63 against the dollar due to strengthening American currency and rising crude oil prices

28 May 2025 10:29 am
Sensex, Nifty drop in early trade dragged by ITC stake sale reports

From the Sensex firms, ITC, IndusInd Bank, Nestle, Titan, Kotak Mahindra Bank, Mahindra & Mahindra, Reliance Industries and Maruti were among the laggards

28 May 2025 10:18 am
Elon Musk's Neuralink raises fresh cash at $9 billion valuation: Report

Elon Musk's brain implant company Neuralink raised $600 million in a deal that values the company at $9 billion before the new cash, Semafor reported

28 May 2025 8:29 am
NMDC Q4 net rises 2% to 1,496 crore, up 19% in FY25 to 6,693 crore

The company has declared a final dividend of 1 per share

27 May 2025 8:59 pm
Israeli firm SolarEdges India GCC to monitor inverters/optimisers deployed across 24 geographies

The team in Bengaluru will remotely perform troubleshooting tasks by diagnosing problems such as fault in meters and inverters and attend to error messages 24/7

27 May 2025 8:08 pm
Chennai Petroleum Corporation gets govt nod for foray into retail marketing of petrol, diesel

Petroleum and Natural Gas Ministry conveyed the governments approval to the company to exercise retail marketing rights to market Motor Spirit and High Speed Diesel, CPCL informed stock exchange on May 27

27 May 2025 6:43 pm
Govt extends income tax filing deadline to September 15, 2025 from July 31

The announcement comes following significant outrage on social media among the chartered accountant community, who complained that the government had not yet released the software utilities to enable the filing of the ITRs.

27 May 2025 5:44 pm
China to collect record $22 billion BRI debt repayments from developing nations this year

Under its influential BRI initiative, China has doled out billions of dollars of loans to dozens of infrastructure projects in developing countries to further its global influence

27 May 2025 5:25 pm
Rakesh Gangwal, family trust sell 5.7% stake in IndiGo for 11,385 crore

InterGlobe Aviation promoter Rakesh Gangwal sells 5.7% stake in IndiGo for $1.33 billion, reducing shareholding post-feud

27 May 2025 2:06 pm
JioBlackRock Asset Management gets SEBI approval for mutual funds business

The company plans to launch a range of investment products, including those that apply BlackRocks industry-leading capabilities in data-driven investing, over the coming months

27 May 2025 1:49 pm
Export boost: Government restores RoDTEP scheme, allows leather exports from all ports

The RoDTEP scheme benefits, which reimburses exporters for certain duties, taxes, or levies, were available till February 5 of this year, following which export bodies lobbied hard for an extension

27 May 2025 1:35 pm
NCLT defers hearing on Bhushan Power and Steel case, post Supreme Court status quo order on liquidation proceedings

On Monday, hearing a petition filed by JSW Steel, Supreme Court ordered status quo on Bhushan Power and Steel liquidation proceedings

27 May 2025 11:42 am
Garage meets and sleepless flights: How Nippon Steel's negotiator stuck at U.S. merger

Nippon steels ambitious merger with U.S. steel has been through a rocky journey before landing on a $14 million investment plan

27 May 2025 11:31 am