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Image used for representative purposes. | Photo Credit: The Hindu BSES Yamuna Power Ltd. and BSES Rajdhani Power Ltd., the two subsidiaries of Reliance Infrastructure, will recover power dues worth ₹28,483 crore following a Supreme Court ruling. As on July 31, 2025, the total dues of BSES Yamuna Power Ltd. and BSES Rajdhani Power…
Read More “Reliance Infrastructure to recover ₹28,483 crore worth of power dues” »
Image used for representative purpose only. | Photo Credit: ANIL KUMAR SASTRY The government has extended the validity of the ₹10,900-crore PM E-DRIVE Scheme by two years till March 2028 for certain categories of vehicles including electric buses, e-ambulances and e-trucks. According to a gazette notification on the PM Electric Drive Revolution in Innovative Vehicle…
Read More “Government extends PM E-DRIVE Scheme by two years till March 2028” »
A Bench headed by Justice P.S. Narasimha also admitted appeals filed by the Competition Commission of India and the Alliance Digital India Foundation, and listed the matter for hearing in November. | Photo Credit: Reuters The Supreme Court on Friday (August 8, 2025) admitted an appeal filed by Alphabet, the parent company of online search…
Read More “Supreme Court admits Google appeal against order on Google Play billing case” »
Image used for representative purpose only. | Photo Credit: Reuters Rupee depreciated 13 paise to close at 87.71 (provisional) against U.S. dollar on Friday (August 8, 2025), weighed down by weak domestic equities as India-U.S. trade deal uncertainty continues to dent domestic market sentiments. Forex traders said rupee is trading in a narrow range amid…
Read More “Rupee falls 13 paise to close at 87.71 against U.S. dollar” »
Elon Musk-led Tesla made its India retail debut last month with a store in the Bandra Kurla Complex business district in suburban Mumbai. File | Photo Credit: Reuters Electric vehicle giant Tesla, which is expanding its presence in India, has rented 8,200 sq. ft. of commercial space in Delhi’s Aerocity for a starting rent of…
Read More “Tesla India takes on lease 8,200 sq. ft. commercial space in Delhi’s Aerocity” »
FIIs offloaded equities worth ₹4,997.19 crore on August 7, 2025, according to exchange data. File | Photo Credit: PTI Equity benchmark indices Sensex and Nifty tumbled on Friday (August 8, 2025) amid non-stop foreign fund outflows and tariff-related jitters. The 30-share BSE Sensex tanked 765.47 points or 0.95% to settle at 79,857.79. During the…
Finance Minister Nirmala Sitharaman speaks in the Lok Sabha on August 8, 2025. Photo: Sansad TV via PTI Amid persistent disruptions in the Lok Sabha by Opposition members demanding a discussion on the special intensive revision (SIR) of electoral rolls in Bihar, Finance Minister Nirmala Sitharaman on Friday withdrew the Income Tax Bill, 2025 as…
Read More “Income Tax Bill withdrawn; updated version likely in Lok Sabha on August 11, 2025” »
The logo of State Bank of India (SBI) is seen on the facade of its headquarters in Mumbai. | Photo Credit: Reuters The country’s largest lender State Bank of India (SBI) for the first quarter ended June 30, 2025 reported 12.48% Year on Year (YoY) growth at ₹19,160 crore due to operational efficiency and treasure…
Read More “SBI Q1 Results FY26: Net Profit Rises 12% to ₹19,160 Crore, Asset Quality Improves” »
Kerala Finance Minister K.N. Balagopal | Photo Credit: S. MAHINSHA Kerala’s Finance Minister K.N. Balagopal on Friday (August 8, 2025) said the United States of America (USA)‘s punitive tariffs on India could send shock waves through Kerala’s economy. He said U.S. President Donald Trump’s “tariff bullying”, ostensibly to punish India for importing crude from Russia,…
Image for representational purposes only. U.S. President Donald Trump’s steep 50% tariffs on Indian imports could severely undermine India’s manufacturing ambitions and slow economic growth, Moody’s Ratings said. | Photo Credit: Reuters U.S. President Donald Trump’s steep 50% tariffs on Indian imports could severely undermine India’s manufacturing ambitions and slow economic growth, Moody’s Ratings said…
Read More “Moody’s warns U.S. tariffs may hurt India’s manufacturing push, slow growth” »