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This quota will gradually increase to 2,000 vehicles per year by year 15, and the tariff will fall to 10% by year 10 of the deal’s implementation. File | Photo Credit: Getty Images The Indian government has released the list of quotas and tariffs for automobile imports from the United Kingdom under the trade deal between…
Read More “India lays out tariffs and quotas for U.K. vehicles under trade deal” »
Meta tailored the chip for its own needs and is working with Broadcom to help design it and Taiwan Semiconductor Manufacturing Co to manufacture it [File] | Photo Credit: REUTERS Meta Platforms plans to start manufacturing an artificial intelligence chip from September as part of its plan to boost overall computing power to 14 gigawatts…
TCS order book stood at $9.5 billion while its annualised AI revenue rose to more than $2.6 billion. File picture | Photo Credit: Reuters Shares of Tata Consultancy Services advanced more than 4% a day after India’s top software services exporter beat quarterly revenue estimates with deal wins and rising AI-related revenue raising hopes for…
Read More “TCS climbs as revenue beat, AI momentum fuel recovery hopes” »
From the Sensex pack, HCL Tech, Infosys, Tata Consultancy Services, Tech Mahindra, UltraTech Cement and Asian Paints were among the major winners. File photo for representational purposes only. | Photo Credit: Reuters Stock market benchmark indices Sensex and Nifty surged in early trade on Friday (July 10, 2026), driven by a rally in IT firms…
Read More “Markets surge in early trade on buying in IT stocks; Sensex jumps nearly 700 points” »
Image for representational purposes only. File | Photo Credit: Reuters The rupee rose 15 paise to 95.32 against U.S. dollar in early trade on Friday (July 10, 2026) as the greenback weakened and oil prices eased despite intensifying tensions in West Asia. FII outflows and uncertainties over fresh tensions in West Asia weighed on the…
Read More “Rupee rises 15 paise to 95.32 against the U.S. dollar in early trade” »
Dr. Reddy’s Laboratories. File | Photo Credit: The Hindu Dr. Reddy’s Laboratories on Thursday (July 9, 2026) said it has halted commercial supplies of its generic semaglutide after an issue associated with the active pharmaceutical ingredient (API) used in the drug, and fresh despatches were likely to resume only towards late October or early November….
Read More “Dr. Reddy’s to delay semaglutide supplies due to quality issue, shares hit” »
The Reserve Bank on Thursday (July 9, 2026) launched three key surveys. | Photo Credit: Reuters The Reserve Bank on Thursday (July 9, 2026) launched three key surveys, including one to gauge inflation expectations among households, aimed at providing critical inputs for formulating monetary policy. The July 2026 round of the ‘Inflation Expectations Survey of…
Read More “RBI launches 3 key surveys to get input for monetary policy” »
Novo Nordisk is competing with Eli Lilly and a growing number of Indian generic drugmakers in the country’s expanding obesity-treatment market. File photo for representational purposes only. | Photo Credit: Reuters Danish drugmaker Novo Nordisk launched its weekly basal insulin injection, Awiqli, in India on Thursday (July 9, 2026), aiming to compete with daily-dose options…
Read More “Novo Nordisk launches weekly insulin shot Awiqli in India” »
Sensex climbed 238.22 points to settle at 76,741.82. | Photo Credit: PTI Market benchmark indices Sensex and Nifty rebounded on Thursday (July 9, 2026) after a heavy correction in the previous session amid foreign fund inflows and a largely positive trend in global markets. However, caution prevailed in the market as the United States and…
Read More “Stock markets bounce back after previous session’s drubbing, Sensex climbs 238 points” »
A recovery in the stock markets and dollar selling by state-run lenders supported the local currency amid rising volatility triggered by the fresh escalation in the West Asia crisis. | Photo Credit: Reuters The rupee appreciated by 7 paise to settle at 95.41 (provisional) against the U.S. dollar on Thursday (July 9, 2026) even as…
Read More “Rupee rises 7 paise to settle at 95.41 against U.S. dollar” »