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Category: Business

Business

Court bars Birla Corporation from putting resolution to vote

Posted on September 14, 2025 By admin
Court bars Birla Corporation from putting resolution to vote

Birla Corporation Limited said a Kolkata court has passed an ex parte order, restraining the company from putting to vote a resolution on adopting a new set of Articles of Association at its upcoming 105th annual general meeting. The AGM is scheduled to be held on September 15. The September 11 order was in response…

Read More “Court bars Birla Corporation from putting resolution to vote” »

Business

​Doublespeak: On the Trump administration’s actions and India  

Posted on September 12, 2025 By admin
​Doublespeak: On the Trump administration’s actions and India  

Weeks after calling off the visit of trade negotiators to Delhi, the U.S. administration says it has invited Commerce Minister Piyush Goyal and the Indian trade team to Washington to resume talks for the India-U.S. FTA. The announcement came days after U.S. President Donald Trump and Prime Minister Narendra Modi signalled, through public comments and…

Read More “​Doublespeak: On the Trump administration’s actions and India  ” »

Business

Retail inflation rises marginally to 2.07% in August: Government data

Posted on September 12, 2025 By admin
Retail inflation rises marginally to 2.07% in August: Government data

“An increase in headline inflation and food inflation during the month of August, 2025 is mainly attributed to an increase in inflation of vegetables, meat and fish, oil and fats, personal care and effects, and eggs,” the National Statistics Office said. Representational file image. | Photo Credit: Reuters Retail inflation in August rose slightly to…

Read More “Retail inflation rises marginally to 2.07% in August: Government data” »

Business

Rupee recovers seven paise from all-time low level to close at 88.28 against U.S. dollar

Posted on September 12, 2025 By admin
Rupee recovers seven paise from all-time low level to close at 88.28 against U.S. dollar

Forex traders said the domestic unit traded in a tight range and hovered around its all-time low level. File | Photo Credit: The Hindu The Rupee recovered from all-time lows and settled for the day higher by seven paise at 88.28 (provisional) against the U.S. dollar on Friday (September 12, 2025), on weakness in the…

Read More “Rupee recovers seven paise from all-time low level to close at 88.28 against U.S. dollar” »

Business

Sensex jumps 356 points; Nifty rallies for eight day

Posted on September 12, 2025 By admin
Sensex jumps 356 points; Nifty rallies for eight day

Sensex jumped 355.97 points or 0.44%, to settle at 81,904.70 and Nifty rallied 108.50 points or 0.43%, to 25,114. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty surged on Friday (September 12, 2025) in line with a global market rally amid rising hopes that the U.S. Federal Reserve will cut interest rates…

Read More “Sensex jumps 356 points; Nifty rallies for eight day” »

Business

Fatter, more biosecure: Pig mission in Assam’s BTR has European imprint

Posted on September 12, 2025 By admin
Fatter, more biosecure: Pig mission in Assam’s BTR has European imprint

A tribal woman takes care of her pigs in Guwahati on Friday, 12 September 2025. | Photo Credit: Ritu Raj Konwar GUWAHATI A biosecure nuclear breeding farm and model fattener farms are fuelling the drive of a tribal council in Assam to become the hub of quality pig production for the pork-loving northeast India and…

Read More “Fatter, more biosecure: Pig mission in Assam’s BTR has European imprint” »

Business

FSIB selects Ravi Ranjan for SBI MD position

Posted on September 12, 2025 By admin
FSIB selects Ravi Ranjan for SBI MD position

Ravi Ranjan, CGM, SBI; S. Sivagurunathan, President, CREDAI Chennai and Suhasini Maniratnam, actor and brand ambassador, Fairpro 2024. | Photo Credit: Bijoy Ghosh FSIB, the headhunter for directors of state-owned banks and financial institutions, has recommended Ravi Ranjan for the position of managing director of State Bank of India (SBI). Mr. Ranjan, currently Deputy Managing…

Read More “FSIB selects Ravi Ranjan for SBI MD position” »

Business

ACME, IHI Corporation’s Green Ammonia JV achieves ‘significant milestones’

Posted on September 12, 2025 By admin
ACME, IHI Corporation’s Green Ammonia JV achieves ‘significant milestones’

ACME Clean Energy Private Ltd, a 70:30 joint venture between India’s ACME Group and Japan’s IHI Corporation, currently developing India’s largest green ammonia project in Gopalpur, Odisha, said the project had achieved “significant milestones” since the signing of their initial Memorandum of Understanding (MoU) in 2023. “The project has achieved significant milestones, including the establishment…

Read More “ACME, IHI Corporation’s Green Ammonia JV achieves ‘significant milestones’” »

Business

Stock markets trade higher tracking rally in global peers on U.S. Fed rate cut hopes

Posted on September 12, 2025 By admin
Stock markets trade higher tracking rally in global peers on U.S. Fed rate cut hopes

The 30-share BSE Sensex climbed 287.93 points to 81,836.66 in early trade. The 50-share NSE Nifty rallied 84.25 points to 25,089.75. | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty climbed in early trade on Friday (September 12, 2025) in-tandem with a global market rally amid rising hopes that the U.S. Federal Reserve will…

Read More “Stock markets trade higher tracking rally in global peers on U.S. Fed rate cut hopes” »

Business

Rupee falls 7 paise to 88.42 against U.S. dollar in early trade

Posted on September 12, 2025 By admin
Rupee falls 7 paise to 88.42 against U.S. dollar in early trade

Forex traders said the domestic unit is hovering around its all-time low level amid a recovery in the U.S. dollar index and persistent foreign fund outflows. Image used for representative purpose only. | Photo Credit: Reuters The rupee witnessed range-bound trading in morning deals on Friday and depreciated 7 paise to 88.42 against the U.S….

Read More “Rupee falls 7 paise to 88.42 against U.S. dollar in early trade” »

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