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Business / The Hindu

Maharashtra seeks to increase share in divisible tax pool; requests allocation of 1,28,231 crore to fund infra projects

Hailing Maharashtras fiscal policy, 16th Finance Commission chairman Dr. Arvind Panagariya said, The States finances appear to be in good state with low fiscal deficit and borrowings within the limit of 3% set by the Centre

9 May 2025 12:45 pm
Rupee falls 30 paise to 85.88 against U.S. dollar in early trade

Geopolitical tensions between India and Pakistan weaken Rupee, increase demand for the U.S. dollar, impacting market sentiment

9 May 2025 11:18 am
Sensex, Nifty tumble in early trade amid soaring tensions between India-Pakistan

Extending its previous loss, the BSE Sensex dropped 424.65 points to 79,910.16, while the NSE Nifty fell 144.75 points to 24,129.05 in early trade

9 May 2025 11:01 am
FMCG volume growth slows to 5.1% in March quarter; rural markets drive growth while metros drag volume

Volume growth is slowing across categories, and non-food segments are still outpacing food in the FMCG sector. The industry reported a volume growth of 6.1% in the March quarter of 2024

8 May 2025 11:46 pm
Asian Paints Q4 net profit falls 45% to 700.8 crore

Its revenue from operations slipped 4.25% to 8,358.91 crore in the March 2025 quarter. It was 8,730.76 crore in the year-ago period

8 May 2025 11:19 pm
CCI notifies new definitions to curb predatory pricing

The cost of a product or service would be assumed to be its average variable cost,which is the total variable cost divided by total output during a particular period, according to the notification

8 May 2025 11:10 pm
Stock markets fall in volatile trade on rising India-Pakistan tensions

Sensex drops 412 points amid India-Pakistan tensions, banking, FMCG, and auto shares sell-off, global markets stable

8 May 2025 4:44 pm
Rupee slumps 84 paise to close at 85.61 against U.S. dollar

Besides, heightened geopolitical risks, positive U.S. dollar index and a rise in crude oil prices also weighed on the rupee

8 May 2025 4:29 pm
Reliance withdraws Operation Sindoor trademark application

Jio Studios has withdrawn its trademark application, which was filed inadvertently by a junior person without authorisation, said the conglomerate

8 May 2025 4:20 pm
Finance Ministry unveils draft climate taxonomy document to aid clean energy investment

The draft note follows an announcement by Nirmala Sitharaman in her Budget speech this February.

8 May 2025 1:58 pm
What is the significance of the India-U.K. free trade agreement?

India and the U.K. have met several times to negotiate modalities of the deal since the initial conversation in January 2022. The latest took place in February this year between Commerce Minister Piyush Goyal and his British counterpart Jonathan Reynolds.

8 May 2025 12:41 pm
Rupee rises 23 paise to 84.54 against U.S. dollar in early trade

Rupee gains against dollar owing to foreign fund inflows and dollar weakness, despite geopolitical tensions denting investor sentiments

8 May 2025 11:38 am
Instacart CEO Fidji Simo to join OpenAI in new leadership role

Instacart CEO Fidji Simo is joining OpenAI as the company's chief of applications

8 May 2025 11:18 am
Google partners with Elementl Power on nuclear energy sites as power demand for AI grows

Google is partnering with Elementl Power on three project sites for advanced nuclear energy amid the rapidly growing demand for artificial intelligence, the companies said Wednesday

8 May 2025 9:55 am
Google cuts about 200 staff in global business unit: Report

Google on Tuesday cut about 200 jobs across its global business unit, which is responsible for sales and partnerships, The Information reported

8 May 2025 8:55 am
India-U.K. goods trade surged 60% in eight years; imports nearly doubled

Electrical machinery, N-reactors, boilers & machinery, mineral fuels & oils, pearls, precious & semi-precious stones, pharmamake up nearly half of what India exports to the U.K.; machinery, engineering goods to see strong growth with FTA in place

7 May 2025 10:20 pm
U.S. FDA to inspect sans notice all foreign manufacturing food, drug, medical products for America

Builds on pilot programme in India and China, aimed at ensuring foreign firms receive same level of regulatory oversight and scrutiny as domestic companies

7 May 2025 10:12 pm
After Ukraine deal, US turns its critical minerals gaze to Africa: Andy Home

Away from the headlines around the minerals deal with Ukraine, the United States has pursued a potentially even more significant critical metals deal in the Great Lakes region of Africa.

7 May 2025 10:03 pm
Private credit firms eye new funds for Hong Kong property as banks step aside

As valuations fall and banks pare exposure, some private credit firms are stepping in to invest in large commercial properties and developers in Hong Kong with plans for new fund launches for one of the world's most expensive real estate markets.

7 May 2025 10:02 pm
Investors look to soft data for direction amid trade policy chaos

Whipsawing U.S. trade policies are forcing some investors to lean more on anecdotal data to help them make decisions, as concrete official indicators become out-of-date too quickly in the rapidly changing environment.

7 May 2025 10:02 pm
TurkStream gas pipeline could slow EU, Russia decoupling: Vladimirov

The European Commission announced a revised roadmap to fully wean itself off Russian energy by the end of 2027, but some parts of Europe are moving in the opposite direction.

7 May 2025 10:01 pm
Blue Star Q4 net up 21% to 194 crore

Room AC business sees additional growth due to summer demand

7 May 2025 8:33 pm
Sensex, Nifty end higher after volatile trade as India avenges Pahalgam attack

After gyrating between gains and losses during the day, the 30-share BSE Sensex ended 105.71 points or 0.13% higher at 80,746.78. In intra-day trade, the Sensex hit a high of 80,844.63 and a low of 79,937.48

7 May 2025 4:44 pm
Punjab National Banks Q4 profit surges 52% to 4,567 crore

Punjab National Bank reports 52% rise in net profit; improved asset quality and plans to raise funds through bonds

7 May 2025 4:43 pm
Rupee falls 45 paise to close at 84.80 against U.S. dollar on heightened cross-border tensions

At the interbank foreign exchange, the domestic unit opened at 84.65 and moved between an intra-day high of 84.47 and a low of 84.93 against the greenback

7 May 2025 4:30 pm
Rupee falls 31 paise to 84.66 against U.S. dollar in early trade after India avenges Pahalgam terror attack

Forex traders say military strikes against terrorist camps in Pakistan and Pakistan-occupied Kashmir bring the focus on escalation of conflict onto the Rupee

7 May 2025 12:32 pm
Pahalgam attack: Sensex, Nifty see high volatility after India launches missile strikes on terrorist hideouts in Pakistan

The market is unlikely to be impacted by the retaliatory strike by India since that was known and discounted by the market, says an expert

7 May 2025 12:08 pm
7 May 2025 11:39 am
Cisco shows quantum networking chip, opens new lab

Cisco Systems on Tuesday showed a prototype chip for networking quantum computers together and said it is opening a new lab in Santa Monica

7 May 2025 9:55 am
TikTok to build 1 billion euro data centre in Finland

TikTok said Tuesday it was investing 1 billion euros ($1.1 billion) to build a data centre in Finland

7 May 2025 9:05 am
OpenAI plans to cut Microsoft revenue share after restructuring: Report

OpenAI has agreed to share 20% of its revenue with Microsoft through 2030, the Information reported

7 May 2025 8:41 am
MoU signed for cargo movement by barges over inland waterways

A hundred barges will be deployed in a phased manner across national waterways; the MoU between the Inland Waterways Authority of India and Rhenus Logistics targets the movement of over one million tonnes of cargo annually by the end of 2025

7 May 2025 4:55 am
Industry upbeat as India-U.K. ink FTA

Sectors that are set to benefit include textiles and apparel, leather and footwear, gems and jewellery, pharma, agriculture;deal is expected to create large opportunities for Indian firms, significantly boost bilateral trade, attract key investments

6 May 2025 10:48 pm
India-U.K. FTA, a significant step toward fostering trade, investment and job creation in both nations: Nasscom

Eliminating double-contribution burden will not only enhance the access of Indian talent in the U.K. but also create new opportunities for skilled professionals, enabling them to contribute meaningfully to the U.K.s dynamic economy

6 May 2025 10:24 pm
Hilton committed to contribute to Indias growing travel, hospitality sector, says Chris Nassetta, president & CEO

We have more than 1,000 hotels across Asia Pacific and plan to grow to 10 times our current portfolio in India

6 May 2025 8:18 pm
India-U.K. free trade agreements highlights

India ensures that non-tariff barriers are suitably addressed to ensure free flow of goods and services and that they do not create unjustified restrictions to its exports.

6 May 2025 8:04 pm
Thermal coal prices hit 4-year low in Asia as China imports wane: Russell

Asia's seaborne thermal coal prices have slumped to four-year lows as the region's heavyweight buyers China, India and Japan all import less of the power-station fuel.

6 May 2025 8:02 pm