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Image used for representative purpose only. | Photo Credit: Reuters Rupee depreciated 13 paise to close at 87.71 (provisional) against U.S. dollar on Friday (August 8, 2025), weighed down by weak domestic equities as India-U.S. trade deal uncertainty continues to dent domestic market sentiments. Forex traders said rupee is trading in a narrow range amid…
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Elon Musk-led Tesla made its India retail debut last month with a store in the Bandra Kurla Complex business district in suburban Mumbai. File | Photo Credit: Reuters Electric vehicle giant Tesla, which is expanding its presence in India, has rented 8,200 sq. ft. of commercial space in Delhi’s Aerocity for a starting rent of…
Read More “Tesla India takes on lease 8,200 sq. ft. commercial space in Delhi’s Aerocity” »
FIIs offloaded equities worth ₹4,997.19 crore on August 7, 2025, according to exchange data. File | Photo Credit: PTI Equity benchmark indices Sensex and Nifty tumbled on Friday (August 8, 2025) amid non-stop foreign fund outflows and tariff-related jitters. The 30-share BSE Sensex tanked 765.47 points or 0.95% to settle at 79,857.79. During the…
Finance Minister Nirmala Sitharaman speaks in the Lok Sabha on August 8, 2025. Photo: Sansad TV via PTI Amid persistent disruptions in the Lok Sabha by Opposition members demanding a discussion on the special intensive revision (SIR) of electoral rolls in Bihar, Finance Minister Nirmala Sitharaman on Friday withdrew the Income Tax Bill, 2025 as…
Read More “Income Tax Bill withdrawn; updated version likely in Lok Sabha on August 11, 2025” »
The logo of State Bank of India (SBI) is seen on the facade of its headquarters in Mumbai. | Photo Credit: Reuters The country’s largest lender State Bank of India (SBI) for the first quarter ended June 30, 2025 reported 12.48% Year on Year (YoY) growth at ₹19,160 crore due to operational efficiency and treasure…
Read More “SBI Q1 Results FY26: Net Profit Rises 12% to ₹19,160 Crore, Asset Quality Improves” »
Kerala Finance Minister K.N. Balagopal | Photo Credit: S. MAHINSHA Kerala’s Finance Minister K.N. Balagopal on Friday (August 8, 2025) said the United States of America (USA)‘s punitive tariffs on India could send shock waves through Kerala’s economy. He said U.S. President Donald Trump’s “tariff bullying”, ostensibly to punish India for importing crude from Russia,…
Image for representational purposes only. U.S. President Donald Trump’s steep 50% tariffs on Indian imports could severely undermine India’s manufacturing ambitions and slow economic growth, Moody’s Ratings said. | Photo Credit: Reuters U.S. President Donald Trump’s steep 50% tariffs on Indian imports could severely undermine India’s manufacturing ambitions and slow economic growth, Moody’s Ratings said…
Read More “Moody’s warns U.S. tariffs may hurt India’s manufacturing push, slow growth” »
The 30-share BSE Sensex declined 242.24 points to 80,381.02 in early trade and the 50-share NSE Nifty dropped 54.85 points to 24,541.30. File | Photo Credit: AP Equity benchmark indices Sensex and Nifty declined in early trade on Friday (August 8, 2025) amid non-stop foreign fund outflows and tariff-related jitters. The 30-share BSE Sensex declined…
This file image is used for representational purposes only. | Photo Credit: AP The rupee traded in a tight range and fell 5 paise to 87.63 against the U.S. dollar, with depreciation pressures still lingering amid persistent trade uncertainty and a firm U.S. dollar backdrop. Forex traders said the rupee is trading in a narrow…
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“Italy is going to Mars!” Italian Space Agency president Teodoro Valente said on X [File] | Photo Credit: AP Elon Musk’s SpaceX has agreed to carry Italian experiments on its Starship megarocket during planned future missions to Mars, according to a new deal announced on Thursday. “Italy is going to Mars!” Italian Space Agency president…
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