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Posted in Economy

India’s December quarter cotton imports jump amid duty-free import push

Mumbai: India’s cotton imports rose 158% ‍year on year to a record 3.1 million bales in the ⁠December quarter after New Delhi allowed duty-free imports,…

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A commuter walks past the building of India's Ministry of Finance during dusk in New Delhi (REUTERS FILE)
Posted in Business

Telecom sector urges sharp cut in licence fee ahead of budget| Business News

NEW DELHI: The telecom industry has urged the finance ministry to sharply cut licence fees and temporarily pause mandatory contributions to the Digital Bharat Nidhi…

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Wheat output likely to exceed last year’s record 117.94 mn tonne: Agriculture Minister

The country’s wheat production is expected to surpass last year’s record of 117.94 million tonne due to higher acreage and favourable crop conditions, Agriculture Minister…

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GJEPC seeks duty cuts and policy reforms to boost gem and jewellery exports

The Gem & Jewellery Export Promotion Council (GJEPC) has sought duty rationalisation, SEZ reforms, customs simplification, tax reforms for exporters, support for lab-grown diamonds, and…

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A freight train carrying cargo containers rides along a railway track in Ajmer on August 26 (AFP FILE)
Posted in Business

As US tariff threat looms, officials say India-Iran trade ‘minuscule’| Business News

NEW DELHI: India’s trade with Iran is minuscule and primarily involves supplies of food and pharmaceuticals essential for inflation-ravaged Iranian citizens, people aware of the matter said,…

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India to grow at 7.5-7.8% this fiscal, 6.6-6.9% in FY27: Deloitte

New Delhi, India is likely to clock a GDP growth of 7.5-7.8 per cent in the current fiscal, supported by festive demand and robust services…

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Asset management firm State Street invests $65 million in Groww AMC
Posted in Startups

Asset management firm State Street invests $65 million in Groww AMC

Global asset manager State Street Investment Management has invested $65 million (about Rs 580 crore) in Groww Asset Management Company (AMC). State Street may end…

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Binny Bansal-backed RISA Labs raises $11.1 million
Posted in Startups

Binny Bansal-backed RISA Labs raises $11.1 million

RISA Labs, a US-based startup building an AI operating system for cancer care, has raised $11.1 million in a funding round co-led by Cencora Ventures…

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Maharashtra topples Tamil Nadu to become the No.1 export-ready state of India

Maharashtra, Tamil Nadu, Gujarat, Uttar Pradesh and Andhra Pradesh have emerged as the top five export ready states of India, among the large states category,…

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Licious April-December revenue surges 47% YoY, operating losses hold up
Posted in Startups

Licious April-December revenue surges 47% YoY, operating losses hold up

Meat and seafood retailer Licious’s revenue for the nine-month period from April to December 2025 has shot up 47% to Rs 839 crore. Operating losses…

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