New Delhi, July 29 — India’s recent Free Trade Agreements (FTAs) with major economies are opening access to markets worth nearly $60 trillion and supporting the country’s push to become a global export hub, Union Commerce and Industry Minister Piyush Goyal said on Wednesday, crediting Prime…
New Delhi, July 29 — Trade between India and Africa rose from $7 billion in 2001 to more than $98 billion in 2023, while cumulative Indian investment on the continent now exceeds $75 billion, concentrated in telecommunications, pharmaceuticals, infrastructure and agriculture, according to figures…
Ahmedabad, July 29 — Adani Ports and Special Economic Zone Limited (APSEZ) on Wednesday reported a 10 per cent year-on-year (YoY) increase in its consolidated net profit to Rs 3,650 crore for the quarter ended June 30, 2026 (Q1 FY27), supported by strong growth across its domestic and international…
New Delhi, July 29 — China’s investments in Africa and other developing countries are now concentrated in equity participation, public‑private partnerships and local‑currency financing which has replaced the large sovereign credit lines that constituted Chinese development finance earlier,…
New Delhi, July 29 — Generative artificial intelligence (Gen-AI) is likely to transform the way Indians work rather than lead to widespread job losses, with nearly half of India’s non-agricultural workforce expected to use AI as a productivity tool, a report has said.According to an analysis of…
New Delhi, July 29 — Office space absorption across India’s six major cities reached a record 41.6 million sq. ft.in H1 2026, up 7 per cent YoY, a report said on Wednesday.The report from international real estate advisory firm Savills India said that new supply remained stable at 23.7 million sq.…
Visakhapatnam, July 29 — Commercial flight operations at Visakhapatnam Airport will cease from August 17, with all services shifting to the newly developed Alluri Sitarama Raju International Airport at Bhogapuram in Vizianagaram district.According to a notification issued by the Ministry of Civil…
New Delhi, July 29 — India’s industrial demand remained resilient externally with 7.3 per cent year‑on‑year output expansion in June, a report said on Wednesday."India’s external demand has shown resilience even amid global uncertainties, as reflected in a pick-up in goods exports in Q1 FY27.…
New Delhi, July 29 — With the July 31 deadline for filing income tax returns (ITRs) for Assessment Year 2026-27 (FY2025-26) just two days away, the Income Tax Department has issued a reminder to taxpayers, urging them not to delay filing and avoid last-minute complications.In a post on social media…
Mumbai, July 29 — Prolonged West Asia instability and dual chokepoint disruptions at the Strait of Hormuz and Red Sea could raise marine insurance premiums, freight costs, and transit times, impacting the profitability of Indian exporters and importers, particularly small and mid-sized firms with…
New Delhi, July 29 — Banks collected more than Rs 26,170 crore from customers as penalties for failing to maintain the minimum average balance (MAB) in their accounts during the four financial years from FY23 to FY26, as per the data shared by the government in the Parliament.The data -- provided…
New Delhi, July 29 — India is uniquely positioned to capitalise on a global genomics revolution and a looming $300 billion patent expiry wave that is driving an aggressive wave of biopharma acquisitions, a report said on Wednesday.India hosts more WHO-certified pharmaceutical manufacturing plants…
New Delhi, July 29 — Sony Semiconductor Solutions on Wednesday said operations at its Kumamoto Technology Center remain suspended after a powerful earthquake struck Japan's Kumamoto region, with the company assessing possible damage to the facility and manufacturing lines.Sony added that no…
New Delhi, July 29 — Zoho Corporation's instant messaging and VoIP calling app Arattai on Wednesday introduced an Aadhaar-enabled identity verification layer aimed at curbing identity spoofing and digital impersonation attempts on its privacy-first platform.The optional feature allows users to…
New Delhi, July 29 — India's smartphone exports touched a record high of nearly $10 billion in the first quarter of FY27, driven by Apple iPhone shipments, according to the latest data.Smartphone exports by value rose 23.4 per cent to $9.84 billion during April-June, compared to $7.97 billion in…
Mumbai, July 29 — Indian equity markets opened sharply higher on Wednesday, with the benchmark indices gaining nearly 1 per cent each as investors awaited the US Federal Reserve's policy decision.Sensex opened at 77,423.77, up 657.85 points or 0.86 per cent, while the Nifty started at 24,176.65,…
Seoul, July 29 — Prosecutors said on Wednesday they have indicted eight people, including six business daily journalists, for allegedly manipulating stock prices and pocketing over 9 billion won ($6.19 million) in illicit gains.The suspects face charges of purchasing low-volume or highly volatile…
Seoul, July 29 — South Korea's bourse operator on Wednesday activated a circuit breaker for the benchmark Korea Composite Stock Price Index (KOSPI) on an extended sell-off in tech shares.Trading of KOSPI-listed shares was halted for 20 minutes from 12:31 pm as the KOSPI plunged more than 8 per cent…
New Delhi, July 29 — Amid the geopolitical tensions, the government has directed officials to maintain constant coordination across all agencies, emphasising that the safety of Indian seafarers must remain foremost priority.The Centre also directed officials to maintain close coordination with…
New Delhi, July 28 — Prime Minister Narendra Modi on Tuesday emphasised the importance of technological self-reliance and building the country’s capabilities in critical sectors at a high-level meeting held here with the Secretaries of the Central government.PM Modi reviewed the agenda for…
New Delhi, July 28 — There is no available data on whether higher taxation on tobacco and tobacco products has adversely affected the incomes of tobacco farmers, as claimed by industry bodies that produce tobacco products such as cigarettes, the Parliament was informed on Tuesday.The government…