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Category: Business

Business

What lies beyond India’s E20 push

Posted on September 17, 2026 By admin
What lies beyond India’s E20 push

A litre of E20 petrol consists of 80% motor gasoline and 20% anhydrous ethanol. According to a press release by the Ministry of Petroleum and Natural Gas, India first introduced it on February 6, 2023, when public sector oil marketing companies (OMCs) began selling it at select outlets across the country. E20 promise E20 has…

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Business

Mining amendment is unfair to States

Posted on September 16, 2026 By admin
Mining amendment is unfair to States

SUCI(C), CPI-ML Red Star, CPI(ML) ND, and CPI(ML) stage a protest against the Mines and Minerals (Development and Regulation) (MMDR) Amendment Act in Bhubaneswar on September 10, 2026. | Photo Credit: ANI India’s mineral wealth is not evenly spread across the country. States such as Odisha, Jharkhand, Chhattisgarh, and Karnataka possess enormous reserves of coal,…

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Business

What India’s growth really means

Posted on September 16, 2026 By admin
What India’s growth really means

India’s 7.8% real GDP growth in April to June 2026 is an extension of a strong economic journey — real GDP grew 7.2% in 2023-24, 7.1% in 2024-25, and 7.7% in 2025-26. The latest rate exceeds the RBI’s 7% forecast despite the West Asian conflict, high energy prices, and uncertain trade. Its real significance, however,…

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Business

PM interacts with chip industry ahead of Semicon event

Posted on September 16, 2026 By admin
PM interacts with chip industry ahead of Semicon event

Prime Minister Narendra Modi set to address the inaugural session of Semicon India 2026 | Photo Credit: PTI Prime Minister Narendra Modi interacted with CEOs and senior executives from the global chip industry on Wednesday, as the government aims to attract further investments in chipmaking and electronics manufacturing in the country. Executives at the meeting…

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Business

Listing to provide Tata Sons flexibility to raise debt, equity: InGovern

Posted on September 16, 2026 By admin
Listing to provide Tata Sons flexibility to raise debt, equity: InGovern

The head office of the Tata group in Mumbai, India | Photo Credit: Reuters Following the Reserve Bank’s directive for Tata Sons Private Ltd to pursue a listing, proxy advisory firm InGovern said the move would give the company significantly greater flexibility in raising and deploying capital. In a report, InGovern said a listing would…

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Business

FCNR(B) deposits saved India from a BoP deficit in July 2026

Posted on September 16, 2026 By admin
FCNR(B) deposits saved India from a BoP deficit in July 2026

The capital account surplus widened to $27.7 billion in July 2026, nearly eight times the $3.5 billion recorded in July 2025. India’s balance of payments (BoP) received a significant boost in July 2026 as non-resident Indian (NRI) deposits under the FCNR(B) scheme surged to $33.5 billion, accounting for a substantial share of the country’s capital…

Read More “FCNR(B) deposits saved India from a BoP deficit in July 2026” »

Business

Spiralling copper prices hit MSMEs in Coimbatore

Posted on September 16, 2026 By admin
Spiralling copper prices hit MSMEs in Coimbatore

In Coimbatore, one of the main MSME clusters in the country, price of copper has shot up by almost 75% in the past one year. One kg of copper now costs ₹1,450 as against ₹800-₹900 a kg last year. The prices had touched ₹1,500 a kg earlier in the year and softened only recently. With…

Read More “Spiralling copper prices hit MSMEs in Coimbatore” »

Business

Copper dazzle dull margins for EV, consumer and engineering goods

Posted on September 16, 2026 By admin
Copper dazzle dull margins for EV, consumer and engineering goods

Copper’s recent rally to record-highs has sent waves of concern reverberating through the makers of several consumer-focussed and industrial products such as electric vehicles (EVs), consumer gadgets and appliances, electric wires and engineering goods, among others. Futures of the metal on the London Metal Exchange (LME), the benchmark for global prices, hit an all-time-high of…

Read More “Copper dazzle dull margins for EV, consumer and engineering goods” »

Business

FM urges industry to look beyond rate cuts to compliance and revenue; calls for robust tax policy research

Posted on September 16, 2026 By admin
FM urges industry to look beyond rate cuts to compliance and revenue; calls for robust tax policy research

Union Finance and Corporate Affairs Minister Nirmala Sitharaman addresses the 8th International Tax Conference on ‘New Age Taxation’, organised by International Tax Research and Analysis Foundation (ITRAF), in Bengaluru | Photo Credit: ANI Finance Minister Nirmala Sitharaman urged industry stakeholders to ensure that tax policy recommendations submitted to the government address broader issues, including compliance…

Read More “FM urges industry to look beyond rate cuts to compliance and revenue; calls for robust tax policy research” »

Business

Markets rebound on value buying; Sensex climbs nearly 333 pts, Nifty ends above 23,200

Posted on September 16, 2026 By admin
Markets rebound on value buying; Sensex climbs nearly 333 pts, Nifty ends above 23,200

Market benchmark indices Sensex and Nifty rebounded on Wednesday (September 16, 2026) on value buying after falling sharply in the previous session, with bank stocks driving the rally in equities. The 30-share BSE Sensex climbed 332.63 points, or 0.45%, to settle at 74,336.45. During the day, it jumped 502.04 points, or 0.67%, to 74,505.86. The…

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