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Posted in Economy

India’s exports of active pharma ingredients at Rs 41,500 cr surpassed imports in FY25

New Delhi: Chemicals and Fertilizers Minister J P Nadda on Tuesday said India’s exports of active pharmaceutical ingredients (APIs) stood at around Rs 41,500 crore…

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Posted in Economy

West Asia war could impact demand and hurt the Indian economy, says Moody’s

A prolonged conflict in West Asia could lead to a 1 percentage point decline in India’s gross domestic product (GDP) and increase interest rates and…

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Cabinet clears Jal Jeevan Mission 2.0 & other projects worth Rs 8.8 lakh crore

The Union Cabinet on Tuesday approved a series of major infrastructure and public utility initiatives with a combined financial outlay of about Rs 8.7 lakh…

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India's Prime Minister Narendra Modi and China President Xi Jinping. (AP)
Posted in Business

India said to ease FDI policy for China, some neighbours in economic reset| Business News

India has moved to ease stringent restrictions on foreign direct investment (FDI) from neighbouring nations, including China, signalling a potential thaw in the economic relations…

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Union Cabinet approves key changes to IBC and Companies Act 2013

The Union Cabinet on Tuesday gave its approval to amendments in the Insolvency and Bankruptcy Code (IBC) as well as the Companies Act, 2013, according…

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Govt eases FDI norms for China, other countries sharing land border with India: Sources

The government on Tuesday eased norms for foreign direct investment from all countries, including China, that share land borders with India, sources said. They said…

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Despite being an outsider, Kotak Mahindra Bank CEO Ashok Vaswani says that having the founder, Uday Kotak, available as a sounding board gives him an advantage over many banking chiefs. (Bloomberg)
Posted in Business

Kotak Mahindra Bank eyes M&A as CEO touts capital for ‘jumbo deals’| Business News

Kotak Mahindra Bank Ltd. is on the lookout for acquisitions as the billionaire Uday Kotak-backed lender seeks to deploy its excess capital to scale up…

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Shipping cos, vessel operators told to refrain from predatory pricing amid West Asia conflict

Mumbai: Shipping sector regulator Directorate General of Shipping has advised shipping companies, vessel operators and agents to refrain from “predatory, non-transparent and opportunistic pricing” practices…

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(From left) TMEV Chief Product Officer Anand Kulkarni, TMEV Chief Commercial Officer Vivek Srivatsa, Tata Motors PV CEO Shailesh Chandra and TMEV Chief Strategy Officer Balaje Rajan at the launch of the new Punch EV in Mumbai. (Handout)
Posted in Business

Tata Motors PV eyes return to EV dominance with Punch EV even as CAFE-III looms| Business News

Tata Motors Passenger Vehicles Ltd. is betting that a refreshed, budget-friendly version of its Punch EV will be the catalyst that it needs to recapture…

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East Coast Road (ECR): How Chennai’s coastal stretch is turning into a growth hub

Over the last several years, East Coast Road (ECR) has evolved from being a mere picturesque coastal route to emerging as a prominent residential destination…

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