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Posted in Economy

UK is taking targeted action against Indian, Chinese Firms over Russian oil trade, British finance minister says

British finance minister Rachel Reeves said on Wednesday the government was taking targeted action against companies in India and China that continued to facilitate the…

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Posted in Economy

GST 2.0 shields India from Trump tariffs but Malhotra & co warn further rate cut risks overdose: RBI MPC Minutes

India’s economy has shown resilience in the face of global uncertainties, including the US administration’s “comprehensive assault” of reciprocal tariffs imposed by Donald Trump, according…

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Shipping containers at Mundra port in Gujarat. The 50% US tariffs on India came into effect on 27 August 2025. (Reuters)
Posted in Business

India trade deficit in September widens most in at least a year as US tariff impact shows| Business News

India’s trade deficit in September widened the most in eleven months as 50% US tariffs took effect in the world’s fourth largest economy. Shipping containers…

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India’s vegetable oil imports surge 51% in September on higher crude palm oil shipments

India’s vegetable oil imports jumped 51 per cent to 16.39 lakh tonnes in September from a year earlier, driven by a surge in crude palm…

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IIMC Innovation Park, TechnoServe join hands to nurture over 100 green startups in five years
Posted in Startups

IIMC Innovation Park, TechnoServe join hands to nurture over 100 green startups in five years

The IIM Calcutta Innovation Park (IIMCIP) on Wednesday announced a five-year partnership with TechnoServe‘s Greenr Sustainability Accelerator to boost India’s green entrepreneurship ecosystem to support…

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Axis Bank shares fell 0.65% to  ₹1169.00 apiece on the BSE even as the benchmark Sensex ended the day 0.70% higher at 82,605.43 points. (Reuters)
Posted in Business

Net profit drops 26% to ₹5,090 crore on higher provisions| Business News

Axis Bank Ltd. reported a bigger-than-expected drop in second-quarter profit on Wednesday, as higher provisions for bad loans weighed on earnings. Axis Bank shares fell…

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Apple's contract manufacturers Foxconn and Tata have pumped in billions of dollars to open five plants, but millions of those expenses go into acquiring pricey machines for iPhone assembly. (HT)
Posted in Business

Apple wants India to modify a tax law that hinders its expansion in the country| Business News

Apple Inc. is lobbying the Government of India to modify its income tax law to ensure that the company is not taxed for ownership of…

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India’s trade deficit widens to 11-month high of $32.15 bn in September

India’s merchandise trade deficit widened to an 11-month high of $32.15 billion in September, data showed on Wednesday, as imports surged faster than exports after…

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The Tata Motors demerger was aimed at unlocking value of Tata Motors PV while retaining the heft of Tata Motors CV. (Handout)
Posted in Business

Tata Motors demerger done. How to value Tata Motors CV share price now| Business News

With Tata Motors Ltd. trading ex-demerger, the focus is now on Tata Motors CV and how it will be priced on the stock exchanges when…

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RBI’s liquidity boost falters amid FX market intervention, analysts say

The Reserve Bank of India‘s liquidity infusion via a phased cash reserve ratio cut had less impact than expected as dollar sales and maturing FX…

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