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Category: Business

Business

Google announces Tennessee as site for small modular nuclear reactor

Posted on August 19, 2025 By admin
Google announces Tennessee as site for small modular nuclear reactor

Currently, there are no commercially available advanced nuclear power plants in the U.S. [File] | Photo Credit: AP Google, with Kairos Power, has selected Tennessee as the site of an advanced nuclear power plant that is expected to supply electricity to the Big Tech company’s data centres in the U.S. southeast starting in 2030, the…

Read More “Google announces Tennessee as site for small modular nuclear reactor” »

Business

​Required reforms: On reforms to the GST system 

Posted on August 18, 2025 By admin
​Required reforms: On reforms to the GST system 

The central government’s proposals to reform the Goods and Services Tax (GST) system are bold and timely. They stand to benefit the middle class and the business community, as the government claims. Shifting 99% of the items in the 12% slab to a 5% tax rate, and 90% of the items in the 28% slab…

Read More “​Required reforms: On reforms to the GST system ” »

Business

Indian broadcasters staring at crores in unpaid license fees from Nepal, Bangladesh

Posted on August 18, 2025 By admin
Indian broadcasters staring at crores in unpaid license fees from Nepal, Bangladesh

Representational file image. Image by Drazen Zigic on Freepik TV broadcasters in India are due hundreds of crores in overdue license fee payments from distributors in Nepal and Bangladesh, a problem that has been getting worse over the last year, two executives with knowledge of the payment issues told The Hindu. The problem has been…

Read More “Indian broadcasters staring at crores in unpaid license fees from Nepal, Bangladesh” »

Business

India recommends import tariffs for three years on some steel products

Posted on August 18, 2025 By admin
India recommends import tariffs for three years on some steel products

Representational file image. | Photo Credit: Reuters India has recommended a three-year import tariff of 11%-12% on some steel products to curb shipments from top producer China. The levy, if imposed, will start at 12%. It will be eased to 11.5% in the second year and to 11% in the third year, the Directorate General…

Read More “India recommends import tariffs for three years on some steel products” »

Business

50% tariffs on Indian exports to the U.S. will reduce demand ‘very substantially’: Moody’s Analytics

Posted on August 18, 2025 By admin
50% tariffs on Indian exports to the U.S. will reduce demand ‘very substantially’: Moody’s Analytics

Moody’s added that the tariffs imposed by the U.S. have left countries across Europe and the Asia-Pacific region “feeling bruised”. File. | Photo Credit: Reuters The combined 50% tariff on Indian exports to the U.S. will reduce demand for Indian goods “very substantially”, Moody’s Analytics said in a report.  The report was talking about the…

Read More “50% tariffs on Indian exports to the U.S. will reduce demand ‘very substantially’: Moody’s Analytics” »

Business

Policy changes make India a global Pharma powerhouse says Hikal Vice Chairman and Managing Director Hiremath 

Posted on August 18, 2025 By admin
Policy changes make India a global Pharma powerhouse says Hikal Vice Chairman and Managing Director Hiremath 

Sameer Hiremath, Vice Chairman and Managing Director of Hikal Limited “With the implementation of new policy frameworks, India’s pharmaceutical contract manufacturing industry is emerging as a key player on the global stage,” said Sameer Hiremath, Vice Chairman and Managing Director, Hikal Ltd. Hikal Ltd. caters to pharmaceuticals, life sciences, biotechnology, agrochemicals, and specialty chemicals companies…

Read More “Policy changes make India a global Pharma powerhouse says Hikal Vice Chairman and Managing Director Hiremath ” »

Business

Goldman Sachs opens new, expanded office in Mumbai

Posted on August 18, 2025 By admin
Goldman Sachs opens new, expanded office in Mumbai

Goldman Sachs said it has helped issuers raise over $10 billion since 2024 via IPOs and block trades. File | Photo Credit: Reuters Goldman Sachs has announced the inauguration of a new, expanded office space in Mumbai. Devendra Fadnavis, Chief Minister of Maharashtra, inaugurated the new office in Ascent Worli. Kevin Sneader, President,…

Read More “Goldman Sachs opens new, expanded office in Mumbai” »

Business

SBI organises financial inclusion saturation & awareness camp at Khalapur

Posted on August 18, 2025 By admin
SBI organises financial inclusion saturation & awareness camp at Khalapur

SBI organised Mega Jan Suraksha Camp for financial inclusion, offering Re-KYC services and awareness on digital safety. Photo: Special Arrangement State Bank of India (SBI) said it recently organised a Mega Jan Suraksha Saturation and Awareness Camp at Khalapur to achieve 100% coverage of financial inclusion schemes at Gram Panchayat and urban local body levels…

Read More “SBI organises financial inclusion saturation & awareness camp at Khalapur” »

Business

Reliance Consumer acquires majority stake in JV with Naturedge Beverages 

Posted on August 18, 2025 By admin
Reliance Consumer acquires majority stake in JV with Naturedge Beverages 

The healthy functional beverage space presents a large and rapidly expanding opportunity, driven by a strong consumer shift toward healthier, natural alternatives, Reliance said. | Photo Credit: Reuters Reliance Consumer Products Ltd (RCPL), the FMCG arm of Reliance Industries Ltd (RIL), has forayed into the fast-growing healthy functional beverage space with the acquisition of majority…

Read More “Reliance Consumer acquires majority stake in JV with Naturedge Beverages ” »

Business

23% of total 56.04 crore PM Jan Dhan accounts inoperative

Posted on August 18, 2025 By admin
23% of total 56.04 crore PM Jan Dhan accounts inoperative

As many as 23% of the total 56.04 crore Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts are inoperative, Minister of State for Finance Pankaj Chaudhary said on Monday (August 18, 2025). Out of 56.03 crore PMJDY accounts at the end of July 31, 2025, 13.04 crore such accounts are inoperative, he said in a written…

Read More “23% of total 56.04 crore PM Jan Dhan accounts inoperative” »

Business

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