Stay Connected. Stay Informed.
Business
The story so far: On July 30, U.S. President Donald Trump announced 25% tariffs on imports from India “plus a penalty”. While this puts to rest months of speculation over what the tariffs would be on Indian imports into the U.S., it opens up fresh uncertainties with respect to a potential bilateral trade agreement between…
Read More “How will Trump’s tariffs impact India? | Explained” »
Representational image of a n Indian Oil fuel station in Sonipat. | Photo Credit: Reuters India will keep purchasing oil from Russia despite U.S. President Donald Trump’s threats of penalties, two Government sources told The New York Times, not wishing to be identified due to the sensitivity of the matter. “These are long-term oil contracts,”…
Representational image of the Enforcement Directorate logo | Photo Credit: PTI The Enforcement Directorate (ED) has arrested Partha Sarathi Biswal, managing director of Biswal Tradelink Private Limited (BTPL), in connection with an alleged fake bank guarantee case. The arrest was made following searches in Bhubaneswar and Kolkata. The probe is based on a first information…
Read More “ED arrests MD of Biswal Tradelink in fake bank guarantee case” »
A view of the Kothari Industrial Corporation Limited, Ennore in Chennai. File | Photo Credit: B. Jothi Ramalingam Chennai-based Kothari Industrial Corporation Ltd. (KICL), the flagship company of the D.C. Kothari group, has acquired Zodiz, Jeetlo and other associated sub-brands in the footwear field. The acquisition of Zodiz, Jeetlo and associated sub-brands will come into…
Read More “Kothari Industrial Corporation acquires footwear brands Zodiz, Jeetlo ” »
U.S. stocks slumped on Friday (August 1, 2025), and the S&P suffered its biggest daily percentage decline in more than two months as new U.S. tariffs on dozens of trading partners and a surprisingly weak jobs report spurred selling pressure. Also weighing on equities was an 8.3% tumble in Amazon.com shares after the company posted…
Read More “Wall Street falls the most since May after employers slash hiring and tariffs roll out” »
A Florida jury on Friday found Tesla liable to pay $243 million to victims of a 2019 fatal crash of an Autopilot-equipped Model S, a verdict that could encourage more legal action against Elon Musk’s electric vehicle company. The verdict is a rare win for victims of accidents involving Autopilot. Mr. Musk has been pushing…
Read More “Tesla ordered by Florida jury to pay $243 million in fatal Autopilot crash” »
India’s exports of petroleum products such as diesel and jet fuel to the U.S. continue to be exempted from the levy of any import duty or tariff, and President Donald Trump has, for now, not indicated the penalty he plans to impose to deter New Delhi’s energy trade with Russia. On Wednesday, Mr. Trump had…
Read More “Indian fuel exports escape Trump’s tariff net, no Russian penalty yet” »
The Brokers Association ANMI (Association of National Exchanges Members of India) is working on drawing up recommendations to make cash equity markets for retail participants amidst the Jane Street manipulation in the futures and options trade. Part of their recommendations was to increase the entry barriers for retail participants to start trading in F&O. The…
Read More “Brokers association to recommend SEBI to increase entry barriers to F&O” »
Newly manufactured Maruti Suzuki cars are seen parked inside the company factory in Manesar near Gurugram. File | Photo Credit: PTI Maruti Suzuki India reported 3% growth in total vehicles sales at 1,80,526 units in July 2025, compared with 1,75,041 units in the year-ago period, amid softening demand in the domestic market. The total sales…
Read More “Maruti, M&M, Toyota sales rise, Hyundai, Tata Motors decline” »
Image for representational purposes only. | Photo Credit: Getty Images The Central government’s gross revenue from the Goods and Services Tax (GST) grew to ₹1.96 lakh crore in July, up 7.5% from the collections in July last year, and 6% higher than the collections in June 2025. Refunds under the system, however, surged by nearly…
Read More “GST collections July 2025 rise 7.5% to ₹1.96 lakh crore, says Centre” »