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Image for representational purposes only. | Photo Credit: AP E20 is safe for use in any vehicle plying on Indian roads, said the chief of the Automotive Research Association of India (ARAI) Reji Mathai, on Saturday (August 30, 2025), referring to a 2021 study it carried out but refused to provide further details of the…
Speaking virtually at an event organised by the Indian Chamber of Commerce, Chief Economic Adviser (CEA) V. Anantha Nageswaran on Saturday (August 30, 2025) said the high growth momentum exhibited in the first quarter of the current fiscal is expected to continue in the coming quarter as well, with a downward bias emanating from high…
Read More “Indian economy to sustain high growth momentum in coming quarters: CEA Nageswaran” »
SBI has a goal of achieving a green portfolio constituting 7.5-10% of its domestic gross advances by 2030. Representational file image. | Photo Credit: The Hindu State Bank of India (SBI) on Saturday (August 30, 2025) said it has signed a Line of Credit agreement of €100 million with Agence Française de Développement (AFD) at its…
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Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The bilateral trade between India and China has been growing at a healthy rate, but the trade gap remains sharply tilted in Beijing’s favour. India has time and again flagged its concern over the ballooning trade deficit and the non-trade barriers faced by Indian…
The Indian government is facing a backlash from motorists after the nationwide rollout of fuel blended with 20% ethanol, amid fears, stoked by a lack of clarity from some automakers that it may affect the performance of particularly older vehicles. India, the world’s third largest car market, set a 2025 target years ago for 20%…
Image used for representative purpose only. | Photo Credit: KK MUSTAFAH The carpet industry has urged the central government for a special bailout package for the exporters in this sector, especially in Bhadohi, as a cushion against the impact of 50% tariff imposed by the U.S. All India Carpet Manufacturers Association (AICMA) and the Carpet…
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Zydus Wellness Limited (ZWL), which is into health and wellness segment, on Friday (August 29, 2025) announced that Alidac U.K. Limited, its wholly owned subsidiary, has signed a definitive agreement acquiring U.K. based Comfort Click Limited including its three subsidiaries located in Ireland, U.S. and India (CCL) for GBP 239 million (₹2,846 crore) subject to customary and…
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An active pharmaceutical ingredients manufacturing facility of Aurobindo Pharma subsidiary Apitoria Pharma near Hyderabad has been issued five observations by the U.S. Food and Drug Administration. The U.S. FDA has inspected Unit-I, an API manufacturing facility, of Apitoria Pharma, located in Sangareddy district from August 21-29. At the end of the inspection, a Form 483…
Read More “U.S. FDA issues five observations to Aurobindo Pharma arm’s API plant” »
Representational image of the logo of Oil and Natural Gas Corporation (ONGC) | Photo Credit: Reuters State-owned explorer Oil and Natural Gas Corporation (ONGC) will continue to buy crude oil from Russia if the prices remain economically viable, chairman and CEO Arun Kumar Singh said on Friday (August 29, 2025). Speaking to reporters after the…
Image used for representation purpose only. | Photo Credit: The Hindu The Department of Posts has announced suspension of all categories of mails to the U.S., including letters, documents, and gifts valued up to $100. On August 22, the Department said it would suspend from August 25 booking and transmission of postal services to the…
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