Category: Business

The Volkswagen Golf GTI, which recently went on sales in India as an import. (Handout)
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VW to BMW brace for tough India market even after India-EU trade deal| Business News

European carmakers, squeezed by US tariffs and price wars in China, will get a welcome boost from an India-EU trade deal that sharply drops import…

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The Mahindra Thar Roxx. (Handout)
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M&M leads decline in auto stocks as India-EU FTA said to cut import duty on cars| Business News

Mahindra & Mahindra Ltd. led declines in auto stocks on Tuesday amid reports that the India-EU trade deal includes a clause to slash import duty…

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Nvidia, already a CoreWeave investor, previously agreed to buy more than $6 billion in services from the firm through 2032. (AFP)
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Nvidia invests $2 billion more in CoreWeave, offers new chip| Business News

Nvidia Corp., the dominant maker of artificial intelligence chips, invested an additional $2 billion in CoreWeave Inc. to help speed up an effort to add…

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The price of safe-haven asset gold surpassed 5,000 USD, hitting a record amid rising global uncertainty. (AFP)
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In a first, gold price breaches past $5,000 amid Trump-fuelled global tensions| Business News

Gold soared past $5,100 an ounce on Monday, reaching a new record for the first time as more investors turned to the safe-haven asset amid…

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Finance Minister Nirmala Sitharaman with her colleagues at the finance ministry before presentation of Union Budget 2025 on 1 February 2026. (ANI)
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Key expectations — from income tax to GST-style customs overhaul| Business News

On 1 February, Finance Minister Nirmala Sitharaman will present the Union Budget 2026—her ninth straight budget presentation—amid expectation of an overhaul of customs duty on…

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The logo of a Mercedes Benz GLB type is seen during the launch of its series production at the plant in  Kecskemet, Hungary on January 19, 2026. (Photo by Attila KISBENEDEK / AFP) (AFP)
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India said to cut import duty on cars to 40% from 110% in trade deal with EU| Business News

India plans to slash tariffs on cars imported from the European Union to 40% from as high as 110%, sources said, in the biggest opening…

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A man looks at a screen outside the Bombay Stock Exchange (BSE) in Mumbai. (REUTERS)
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Investors lose ₹16 lakh crore as Sensex, Nifty crash; Adani Group stocks among biggest losses| Business News

Investors lost over ₹16 lakh crore in market value this week as India’s main stock market indices, the Nifty 50 and the BSE Sensex, closed…

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Spot silver jumped 4.5% to $100.49 an ounce by 1649 GMT. (Unsplash)
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Silver prices hit $100/ounce for the first time, gold nears $5000 milestone| Business News

Silver prices rose above $100 an ounce for the first time ever on Friday, while gold hit another record en route to $5,000/ounce as investors…

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Nagpur: Union Minister of Road Transport and Highways Nitin Gadkari (PTI)
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Govt allots 30 GHz radio frequency for V2V safety tech: Nitin Gadkari| Business News

The Union government has earmarked 30 GHz radio spectrum for vehicle-to-vehicle (V2V) communication technology that would allow vehicles to exchange safety alerts without entering a…

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An IndusInd Bank branch in Connaught Place in New Delhi. (Bloomberg)
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IndusInd Bank appoints ex-SBI MD Arijit Basu as chairman after Sunil Mehta steps down| Business News

IndusInd Bank Ltd. has appointed former State Bank of India MD Arijit Basu as chairman to replace Sunil Mehta whose term ends in January. An…

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