Category: Business

Business

India has “reassuring” talks with U.S., including on Bill that proposes 100% tariffs

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India has “reassuring” talks with U.S., including on Bill that proposes 100% tariffs

 India engaged with the U.S. on trade deal | Photo Credit: The Hindu India has had “reassuring” recent discussions with the U.S. including on a proposed law that would see tariffs of 100% being imposed on India and other countries that import Russian oil in large quantities, a senior official in the government said on…

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Business

Rupee falls 12 paise to close at 95.45 against U.S. dollar

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Rupee falls 12 paise to close at 95.45 against U.S. dollar

At the interbank foreign exchange, the rupee opened at 95.40 against the greenback and traded in a range of 95.35-95.48 during the session. It eventually settled at 95.45 (provisional), lower by 12 paise from its previous close. | Photo Credit: Reuters The rupee depreciated 12 paise to 95.45 against the U.S. dollar on Thursday (August…

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Business

Nifty, Sensex end mixed amid geopolitical uncertainty

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Nifty, Sensex end mixed amid geopolitical uncertainty

From the Sensex pack, InterGlobe Aviation, NTPC, Bharat Electronics, Larsen & Toubro, Hindustan Unilever and Eternal were among the winners. File | Photo Credit: Reuters Benchmark indices ended mixed on Thursday (August 13, 2026), with the Sensex rising nearly 114 points and the Nifty sliding more than 40 points, as elevated crude prices and geopolitical…

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Business

Black Box Q1 net profit rises 18% to ₹56 crore, revenue up 24%

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Black Box Q1 net profit rises 18% to ₹56 crore, revenue up 24%

Black Box announced that it has secured a $131 million (₹1,240 crore) order with a new U.S.-based global Tier-1 hyper-scaler for a major data centre project in the U.S. | Photo Credit: The Hindu Black Box Limited, a provider of digital infrastructure solutions, for the quarter ended June 30, 2026 and part of Essar reported 18%…

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Business

Goods exports surged 20% in July 2026 on West Asia recovery and further diversification

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Goods exports surged 20% in July 2026 on West Asia recovery and further diversification

India’s exports to West Asian countries rose 8.62% to $5.7 billion in July, Commerce Secretary Rajesh Agarwal said in a press briefing on trade data. | Photo Credit: Getty Images/istockphoto India’s merchandise exports saw a growth of nearly 20% in July 2026, faster than that of imports, despite the ongoing turmoil in West Asia, official…

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Business

Daimler to invest ₹4,000 cr in TN; total India investments to touch ₹14,500 cr

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Daimler to invest ₹4,000 cr in TN; total India investments to touch ₹14,500 cr

Bharat-Benz trucks displayed at its factory in Oragadam at Kancheepuram district | Photo Credit: AP Daimler India Commercial Vehicles (DICV) has proposed to make an additional investment of about ₹4,000 crore in Tamil Nadu, taking its total investment in the country to ₹14,500 crore. The additional investment, which comes as part of its next phase…

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Business

Maruti, Tata, Mahindra privately shared concerns on E20 with Government before public retreat

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Maruti, Tata, Mahindra privately shared concerns on E20 with Government before public retreat

Hours after the Centre made public assurances that its ethanol-blended petrol was safe, India’s main auto lobby withdrew a complaint about fuel contamination it ‌had sent to the Government a week earlier. The group said some figures needed more checks. But separate communications between ​industry executives, reviewed by Reuters, showed that in the preceding days,…

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Business

Tata Trusts accepts N. Chandrasekaran’s resignation, initiates process to find successor

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Tata Trusts accepts N. Chandrasekaran’s resignation, initiates process to find successor

N. Chandrasekaran announced he would step down as chairman of Tata Sons when his current term ends on February 20, 2027. File | Photo Credit: PTI The Sir Dorabji Tata Trust, which controls 27.9% holdings in Tata Sons, has accepted the resignation of Tata Sons Chairman N. Chandrasekaran and initiated process to search for his…

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Business

Rupee falls 7 paise to 95.40 against U.S. dollar in early trade

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Rupee falls 7 paise to 95.40 against U.S. dollar in early trade

Image for representation | Photo Credit: Getty Images The rupee depreciated 7 paise to 95.40 against the U.S. dollar in early trade on Thursday (August 13, 2026) pressured by elevated crude oil prices and lingering geopolitical risks. Forex traders said investor sentiment remains fragile as the standoff between the U.S. and Iran does not seem…

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Business

Stock markets down in early trade amid geopolitical uncertainty

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Stock markets down in early trade amid geopolitical uncertainty

Image used for representational purposes only. | Photo Credit: Getty Images/iStockphoto Benchmark indices Sensex and Nifty declined in early trade on Thursday (August 13, 2026) as crude oil prices remained elevated amid the unresolved situation in the Strait of Hormuz. The 30-share BSE Sensex declined 172.48 points to 77,786.41 in early trading. The 50-share NSE…

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