India is the world's second-largest producer of crude steel. (Reuters)
Posted in Business

CCI finds Tata Steel, JSW Steel, SAIL colluded on steel prices since at least 2015: Report| Business News

Tata Steel Ltd., JSW Steel Ltd. and state-run Steel Authority of India Ltd. (SAIL), have been found to have breached antitrust law by colluding on…

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FILE PHOTO: Air India CEO Campbell Wilson (REUTERS)
Posted in Business

Tata Group starts hunt for Campbell Wilson’s Air India successor| Business News

NEW DELHI: Tata Group has begun identifying a successor to Air India chief executive Campbell Wilson, whose contract is set to expire next year, according to…

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Shares of the oil-to-telecom major slid as much as 5.2% on Tuesday, heading for its worst day since June 2024. The selloff also weighed on the nation’s stock gauges, where Reliance has the second-biggest weighting, causing them to trail regional markets. (REUTERS/Dado Ruvic)
Posted in Business

Reliance sees worst day since 2024 as analysts warn of retail sector competition| Business News

Reliance Industries Ltd.’s shares tumbled after analysts warned of rising competition in the retail sector, where the Mukesh Ambani-controlled conglomerate is a major player. Shares…

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Posted in Economy

RBI set for further easing — 50 bps cut possible in 2026: Report

New Delhi: The Reserve Bank of India still has room for a further 50 basis points (bps) cut in policy rates in 2026, following bumper…

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Posted in Economy

Ind-Ra projects India’s GDP growth at 6.9 pc in FY27, goldilocks situation to persist

New Delhi: India Ratings & Research (Ind-Ra) on Tuesday projected Indian economy to grow at 6.9 per cent in the 2026-27 fiscal year beginning April…

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India's service sector expanded at its slowest pace in nearly a year last month as growth in new business eased and hiring stalled. (Reuters)
Posted in Business

India’s service sector grows slowest in nearly a year in December 2025| Business News

India’s service sector expanded at its slowest pace in nearly a year last month as growth in new business eased and hiring stalled. India’s service…

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India’s private credit moment: A quiet shift in global relative value
Posted in Startups

India’s private credit moment: A quiet shift in global relative value

As private credit markets in the US begin to reflect late-cycle dynamics, narrowing spreads, intensifying competition and monetary policy inflection transitioning from rate pause to…

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Reliance Industries was the biggest Indian buyer of Russian crude last year. (Reuters)
Posted in Business

India’s Russian oil imports to fall sharply as Reliance Industries expects no delivery| Business News

India’s Russian oil imports are set to decline to the lowest in years Reliance Industries Ltd. said it’s not expecting any delivery in January. Reliance…

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Posted in Economy

Tariff uncertainty clouds India’s spring-summer export season as US orders hang in balance

As Indian exporters prepare spring-summer shipments to the United States, anxiety is spreading across factory floors and boardrooms alike. Order books for the next season…

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Posted in Economy

Budget 2026 could simplify income tax rules for global mergers involving Indian firms

India’s integration with global markets has been continuous and increasing rapidly over the past decade. Today, India is open to foreign investment in almost all…

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