Category: Business

Business

TVS Motor launches premium retail channel TVS Paddock

June 6, 2026 admin

Image used for representational purposes. File | Photo Credit: Reuters TVS Motor Company (TVSM) on Saturday (June 6, 2026) announced the launch of ‘TVS Paddock’, an exclusive retail channel dedicated to its premium motorcycle portfolio as it seeks to strengthen customer engagement and tap the country’s fast-growing premium mobility segment. TVS Paddock will offer immersive…

Business

PM flags ‘national interest’ as Sterlite seeks ‘green copper’ making in Tuticorin

June 6, 2026 admin

Sterlite Industries Ltd’s copper plant, a unit of London-based Vedanta Resources, in Tuticorin, in Tamil Nadu. File | Photo Credit: Reuters The Sterlite Copper plant in Thoothukudi has been shut for eight years. Around the time of the police firing on protesters in 2018 that left 13 dead and about 100 injured, the Tamil Nadu…

Business

Share of Russian oil in Indian imports rises to 38%, premium paid jumps 425% in April 2026

June 6, 2026 admin

Russia’s share stood at about 34% in terms of the volume of India’s oil imports in April 2026. File photo for representational purposes only. | Photo Credit: Reuters Russia’s share in the value of India’s oil exports jumped back up to a 11-month high of nearly 38% in April 2026 as India continued to increase…

Business

Gold rush for real estate: Jewellery retailers drive Tamil Nadu’s commercial property boom

June 6, 2026 admin

Jewellery retailers are emerging as a key demand driver in Tamil Nadu’s commercial real estate market. As brands accelerate expansion across Chennai and high-growth tier-II cities, real estate selection has become a critical component of their growth strategy, with location, visibility and customer accessibility increasingly shaping investment decisions. Chennai has emerged as the second-largest leasing…

Business

Vietnamese conglomerate VinGroup launches taxi service in Delhi

June 5, 2026 admin

Vietnamese conglomerate VinGroup. File | Photo Credit: Reuters Vietnamese conglomerate VinGroup, with interests spanning automobiles, real estate, technology, healthcare and education, has launched an all-electric taxi service in Delhi-NCR using its auto company VinFast’s cars, marking its entry into India’s ride-hailing market. Called Green SM Limo, the ride-hailing service was launched on Friday (June 5,…

Business

‘Our economy is on strong footing, we are in a far better condition’, says RBI Governor Malhotra

June 5, 2026 admin

Reserve Bank of India (RBI) Governor Sanjay Malhotra. File | Photo Credit: PTI India’s economic condition is very “strong, capable and healthy” despite the adverse impact of the West Asia conflict and global uncertainties said Reserve Bank of India (RBI) Governor Sanjay Malhotra while answering a question during the post Monetary Policy Cimmittee (MPC) meeting…

Business

E85 would be about ₹20/litre cheaper than E20: Petroleum Minister Hardeep Puri

June 5, 2026 admin

Hardeep Singh Puri | Photo Credit: x.com/HardeepSPuri E85 fuel, that is, fuel containing 80-85% ethanol and 15-20% motor gasoline, would be approximately ₹20 per litre cheaper than the E20 variant of fuel, stated Union Petroleum Minister Hardeep Singh Puri at the launch of the latest fuel variant here Friday. “I think we have consciously structured…

Business

Oil India reports natural gas presence in third exploratory well in Andaman offshore block

June 5, 2026 admin

State-owned explorer-producer Oil India confirmed the presence of natural gas in the third exploratory well it drilled, that is, Vijayapuram-3, in the Andaman shallow offshore block. With the latest exploration, OIL has established hydrocarbon presence in two of the three exploratory wells it has drilled in the block so far. It had earlier reported the…

Business

India, U.S. may execute first phase of bilateral trade pact by middle of next month: Goyal

June 5, 2026 admin

India and the U.S. are moving towards closing all the open ends of the interim trade agreement, and both sides are likely to execute the “very, very vibrant” first phase of the pact by the middle of next month, Commerce and Industry Minister Piyush Goyal said on Friday (June 5, 2026). He said that the…

Business

Stock markets end marginally lower amid profit-taking post-RBI policy

June 5, 2026 admin

Benchmark indices Sensex and Nifty ended lower on Friday (June 5, 2026) amid profit-taking after the Reserve Bank of India (RBI) lowered its growth expectations for the current fiscal year and forecast inflation to rise to 5.1%. Also adding to the bearish trend in equities were foreign fund outflows, geopolitical uncertainties and a weak trend…

Business