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78 Years of Freedom The Narendra Modi government’s quest to bolster the domestic manufacturing sector is not the first time a government has tried this. In fact, the manufacturing sector has been the focus of government policy — in one way or the other — ever since 1956, to relatively modest success. At the time…
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Commerce Secretary Sunil Barthwal. File | Photo Credit: PTI India continues to be “fully engaged” with the U.S. on a Bilateral Trade Agreement, Commerce Secretary Sunil Barthwal said on Thursday, however adding that the date for the next round of negotiations has not yet been decided. He reiterated the deadline for the deal as fall…
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The S&P Global logo. | Photo Credit: Reuters The ratings agency S&P Global has after an 18-year gap upgraded India’s rating, to BBB from BBB-, citing the country’s “economic resilience and fiscal consolidation”. S&P also kept India’s long-term outlook as ‘stable’. In a post on X, the Ministry of Finance welcomed the decision, saying it…
This file image is used for representational purposes only. | Photo Credit: AP Rupee pared initial gains and settled for the day on a negative note, lower by 10 paise at 87.57 (provisional) against the U.S. dollar on Thursday (August 14, 2025), as it came under pressure due to continued dollar demand from importers. Forex…
Read More “Rupee falls 10 paise to close at 87.57 against U.S. dollar” »
Extending gains to the second day, the 30-share BSE Sensex climbed 57.75 points or 0.07%, to settle at 80,597.66 and the 50-share NSE Nifty rose by 11.95 points or 0.05%, to 24,631.30. File | Photo Credit: The Hindu Benchmark stock indices Sensex and Nifty ended flat in a highly volatile trade on Thursday (August 14, 2025),…
Ashok Leyland reported it’s highest ever commercial vehicle (CV) volumes of 44,238 units in Q1 FY25. File | Photo Credit: M. Subhash Ashok Leyland Ltd. for the first quarter ended June 30, 2025 reported 13% growth in net profit at ₹594 crore as compared with ₹526 crore a year ago. During the quarter the company’s…
Read More “Ashok Leyland Q1 net profit rises 13% to ₹594 crore” »
Tata Capital Ltd is deepening market penetration to serve it’s customers better and will soon embark on pan-India network expansion as per filings in it’s updated Draft Red Herring Prospectus (U-DRHP) with market regulator SEBI ahead of its mega IPO. In the filing the company has detailed it’s expansion blueprints for scaling the business by ramping…
Read More “Tata Capital unveils pan-India phygital expansion” »
A vendor arranging the pulses at a market, as the WPI stayed in negative territory for the second consecutive month at (-) 0.58% in July. | Photo Credit: Sushil Kumar Verma Wholesale price inflation (WPI) stayed in negative territory for the second consecutive month at (-) 0.58% in July, as prices of food articles and…
Representational image only. File | Photo Credit: The Hindu “Passenger vehicle dispatches from companies to dealers in the domestic market declined marginally year-over-year in July, hit by muted demand,” industry body Society of Indian Automobile Manufacturers (SIAM) said on Thursday (August 14, 2025). Passenger vehicle wholesales stood at 3,41,510 units in July 2024. Passenger vehicle…
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A man counts Indian currency notes at a market in Bengaluru, India, August 1, 2025. REUTERS/Priyanshu Singh | Photo Credit: Reuters The rupee traded in a narrow range and edged higher by 8 paise to 87.39 against the U.S. dollar in early trade on Thursday (August 14, 2025), amid a positive trend in domestic equities….
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