Category: Business

Business

At 25, OnMobile Global embarks on next phase of growth, focuses on gaming 

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At 25, OnMobile Global embarks on next phase of growth, focuses on gaming 

OnMobile Global Ltd, whose story began in the year 2000 as a Mobile Value-Added Service technology project at Infosys, founded by Arvind Rao and Mouli Raman, is now focusing on growing it’s mobile gaming business, it’s executive chairman and CEO Francois-Charles Sirois said. “Honestly, reaching 25 years is a significant milestone. We have not only…

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Stock markets rebound in early trade after seven days of fall

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market benchmark indices Sensex and Nifty rebounded in early trade after seven days of fall. File | Photo Credit: PTI Benchmark indices Sensex and Nifty bounced back in early trade on Tuesday (September 30,2025) after falling sharply in the past seven trading days, helped by buying in bank stocks. The 30-share BSE Sensex climbed 312.88…

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RBI permits banks to grant working capital loans to manufacturers using gold as raw material

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RBI permits banks to grant working capital loans to manufacturers using gold as raw material

Representational image of gold bars | Photo Credit: Reuters The Reserve Bank of India (RBI) has allowed banks to grant need-based working capital loans to manufacturers using gold as raw material, extending the provision currently available only to jewellers. Banks are generally prohibited from lending for the purchase of gold/silver in any form, or lending…

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Rupee rises 3 paise to 88.72 against dollar in early trade

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Rupee rises 3 paise to 88.72 against dollar in early trade

Representative image | Photo Credit: Reuters The rupee rose 3 paise to 88.72 against the U.S. dollar in early trade on Tuesday (September 30, 2025) on the back of a fall in crude oil prices and positive sentiments in the domestic equity markets. However, a marginally stronger greenback, coupled with FII outflows, prevented sharper gains…

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To be or not to be: With GST tailwind, Monetary Policy Committee likely to hold rates 

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To be or not to be: With GST tailwind, Monetary Policy Committee likely to hold rates 

The three-day closed-door Monetary Policy Committee (MPC) meeting, which commenced on Monday (September 29, 2025), has raised hopes of a rate cut. The October policy comes within weeks of a cut in Goods and Services Tax (GST) and at a time when demand is likely to be created in the domestic market amid the…

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Government rolls out 100% subsidy for EV charging infrastructure under PM E-Drive

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Government rolls out 100% subsidy for EV charging infrastructure under PM E-Drive

In order to accelerate the adoption of electric vehicles, the government has brought guidelines for availing subsidy for vehicle charging stations, battery swapping stations and battery charging stations offering up to 100% subsidies. The guidelines are under the ₹10,000 crore PM E-drive scheme for promotion of electric vehicles in the country within which ₹2,000…

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India is exploring newer markets to mitigate the impact on marine exports hit by U.S. tariffs 

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India is exploring newer markets to mitigate the impact on marine exports hit by U.S. tariffs 

The U.S. has imposed high tariffs, notably a 50% duty implemented in August 2025, which significantly impact India’s marine exports. File image used for representation. | Photo Credit: The Hindu The higher tariffs imposed on Indian goods by American President Donald Trump would have a long-term impact, especially for India’s marine exports, officials of the…

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U.S. tariffs will have long-term effect on trade: Commerce Ministry to PAC

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U.S. tariffs will have long-term effect on trade: Commerce Ministry to PAC

The U.S. has imposed high tariffs, notably a 50% duty implemented in August 2025, which significantly impact India’s marine exports. File image used for representation. | Photo Credit: The Hindu The higher tariffs imposed on Indian goods by American President Donald Trump would have a long-term impact, especially for India’s marine exports, officials of the…

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Allegations work of powerful lobby hit by ethanol blending of petrol: Nitin Gadkari

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Allegations work of powerful lobby hit by ethanol blending of petrol: Nitin Gadkari

Nitin Gadkari. File | Photo Credit: The Hindu Union Minister for Road Transport and Highways Nitin Gadkari on Monday (September 29, 2025) refused to be pulled into a controversy over allegations against him with regard to ethanol blending, saying it is work of a powerful import lobby upset by his decisions. Speaking at a programme…

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