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The key models benefitting from the FTA are Range Rover SV and Range Rover Sport SV. | Photo Credit: Special arrangement Ahead of the implementation of the India-U.K. Free Trade Agreement (FTA), Jaguar Land Rover (JLR) India has announced priced reduction of as high as ₹75 lakh for Range Rover CBU models imported from the…
Read More “India-U.K. FTA: JLR cuts Range Rover CBU models by up to ₹75 lakh” »
Image used for representational purposes only. | Photo Credit: Reuters India’s biggest listed company, Reliance Industries, has handed over documents demanded by federal police investigating a drone import bribery case involving one of its senior vice presidents, according to a court order. The order by a New Delhi court issued on Monday (May 5,…
Read More “Reliance hands over documents in bribery probe, executive gets bail” »
A view of the Adani Ports in Visakhapatnam. | Photo Credit: The Hindu A promoter group entity of Adani Ports and Special Economic Zone has divested a 2% stake in the company for ₹7,486 crore through open market transactions, with U.S.-based Capital Group picking up the shares, according to the block deal data available on…
Read More “Adani Ports stock falls after promoter entity sell 2% stake for ₹7,486 crore” »
According to FADA, the Indian auto retail industry in April 2026 retailed a total of 26,11,317 units up 12.94% YoY. | Photo Credit: PTI The Indian auto retail industry in April 2026 retailed a total of 26,11,317 units up 12.94% Year on Year (YoY) as per data released by the Federation of Automobile Dealers…
Read More “April’26 auto retail sales rise 13% to 26.11 lakh units” »
Bombay Stock Exchange (BSE) in Mumbai. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty declined in early trade on Tuesday (May 5, 2026) amid fresh tensions in the Strait of Hormuz region. The rupee falling to all-time low of 95.40 against U.S. dollar in early trade also added to the weak trend…
Read More “Stock markets drop on renewed geopolitical concerns” »
Representational file image. | Photo Credit: Reuters The rupee slid to a record low on Tuesday (May 5, 2026) after U.S.-Iranian strikes in the Gulf rattled markets, dimming hopes for a resolution and deepening concerns over risks confronting the oil-importing economy. The currency weakened to 95.39 per dollar, down 0.3% on the day, eclipsing its…
Read More “Rupee hits record low as fading hopes of U.S.-Iran peace spotlight economic risks” »
Image for representational purposes only. | Photo Credit: Ramesh C 10536 India’s largest importer of liquified natural gas (LNG) Petronet LNG’s consolidated net profits soared 25.3% on a year-over-year basis to ₹1,337.6 crore in the March-end quarter notwithstanding a decline an approximately 23% decline in revenues, a dynamics primarily fuelled by favourable gas price regime…
LPG consumption stood at 2.2 million tonnes in April 2026, 16.16% lower than 2.62 million tonnes consumed in the same period in 2025. FIle India’s cooking gas LPG consumption fell by a steep 16% in April as supply disruptions linked to the West Asia conflict hit availability for both household kitchens and commercial users, according…
Read More “India’s LPG consumption slides 16% in April amid West Asia conflict” »
A view of the Bombay Stock Exchange in Mumbai. | Photo Credit: Reuters Benchmark indices Sensex and Nifty ended higher on Monday (May 4, 2026), helped by buying in blue-chip stocks and state poll results moving towards an outcome in line with market expectations. The 30-share BSE Sensex climbed 355.90 points or 0.46% to settle…
Read More “Stock markets end higher; Sensex rallies 356 points” »
Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto Rupee fell 39 paise to close at an all-time low of 95.23 (provisional) against the U.S. dollar on Monday (May 4, 2026), as the ongoing West Asia tensions are causing volatility in global markets, keeping oil prices high and raising fears of inflation and…
Read More “Rupee falls 39 paise to close at all-time low of 95.23 against U.S. dollar” »