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Category: Business

Business

India will try to replicate U.K. deal’s pro-MSME features in future trade deals

Posted on July 29, 2025 By admin
India will try to replicate U.K. deal’s pro-MSME features in future trade deals

Representational image of a an MSME industrial unit | Photo Credit: K. Pichumani Indian negotiators are trying to ensure future trade agreements, such as those with the U.S. and the EU, include similar carved-out features to benefit Indian micro, small, and medium enterprises (MSMEs) along the lines of what was included in the recently signed…

Read More “India will try to replicate U.K. deal’s pro-MSME features in future trade deals” »

Business

Rupee falls 12 paise to close at 86.82 against U.S. dollar

Posted on July 29, 2025 By admin
Rupee falls 12 paise to close at 86.82 against U.S. dollar

The dollar index, which gauges the greenback’s strength against a basket of six currencies, rose marginally by 0.13% to 98.75. File | Photo Credit: Reuters The rupee depreciated 12 paise to close at 86.82 (provisional) against the U.S. dollar on Tuesday (July 29, 2025), weighed down by a jump in the U.S. dollar index and a…

Read More “Rupee falls 12 paise to close at 86.82 against U.S. dollar” »

Business

Lenskart IPO aims to raise ₹2,150 crore through Initial Public Offering

Posted on July 29, 2025 By admin
Lenskart IPO aims to raise ₹2,150 crore through Initial Public Offering

Representational image of a Lenskart store. File | Photo Credit: Special arrrangement India’s largest eyewear retailer, Lenskart, has filed for an initial public offering, which includes the issue of fresh shares worth ₹2,150 crore, as per its draft prospectus released on Tuesday (July 29, 2025). Large shareholders of the company, known as “promoters”, will also…

Read More “Lenskart IPO aims to raise ₹2,150 crore through Initial Public Offering” »

Business

Rupee falls 18 paise to 86.88 against U.S. dollar in early trade

Posted on July 29, 2025 By admin
Rupee falls 18 paise to 86.88 against U.S. dollar in early trade

Image used for representation purpose only. | Photo Credit: Reuters The rupee depreciated 18 paise to 86.88 against the U.S. dollar in early trade on Tuesday (July 29, 2025) as month-end dollar demand and sustained foreign fund outflows weighed on the local unit. Forex traders said the domestic unit traded with a negative bias as…

Read More “Rupee falls 18 paise to 86.88 against U.S. dollar in early trade” »

Business

Markets fall as trade deal uncertainty, foreign fund outflows weigh on investors’ sentiment

Posted on July 29, 2025 By admin
Markets fall as trade deal uncertainty, foreign fund outflows weigh on investors’ sentiment

A view of the Bombay Stock Exchange in Mumbai. File | Photo Credit: Reuters Benchmark equity indices Sensex and Nifty fell in early trade on Tuesday (July 29, 2025), extending their downward journey to the fourth day running, amid uncertainty related to the India-U.S. trade deal and persistent foreign fund outflows. The 30-share BSE Sensex…

Read More “Markets fall as trade deal uncertainty, foreign fund outflows weigh on investors’ sentiment” »

Business

US-EU trade deal boosts dollar against major peers

Posted on July 29, 2025 By admin
US-EU trade deal boosts dollar against major peers

European Commission President Ursula von der Leyen sits with U.S. President Donald Trump, after the announcement of a trade deal between the U.S. and EU. File | Photo Credit: Reuters The dollar gained against major currencies, including the euro and yen, on Monday (July 29, 2025), with sentiment lifted by a trade agreement between the…

Read More “US-EU trade deal boosts dollar against major peers” »

Business

Procter & Gamble names operating chief Shailesh Jejurikar as CEO

Posted on July 28, 2025 By admin
Procter & Gamble names operating chief Shailesh Jejurikar as CEO

Shailesh Jejurikar. File Photo: us.pg.com  Procter & Gamble CEO Jon Moeller is stepping down in a surprise move just after four years with the company, and the consumer goods giant said he would be succeeded by operating chief Shailesh Jejurikar. Mr. Moeller, who had been at the helm since 2021, will become executive chairman and…

Read More “Procter & Gamble names operating chief Shailesh Jejurikar as CEO” »

Business

Layoff announcement: Allegations of forced resignations put TCS in the eye of the storm

Posted on July 28, 2025 By admin
Layoff announcement: Allegations of forced resignations put TCS in the eye of the storm

After Tata Consultancy Services (TCS) issued an internal circulation announcing plans to cut around 12,000 of its global workforce, employees of the IT major have expressed rage and anguish over the move. The announcement comes close on the heels of a controversial “bench policy” announced by the company in June, which could translate to job…

Read More “Layoff announcement: Allegations of forced resignations put TCS in the eye of the storm” »

Business

India’s industrial output growth slows to 1.5% in June, hitting 10-month low

Posted on July 28, 2025 By admin
India’s industrial output growth slows to 1.5% in June, hitting 10-month low

 The manufacturing sector grew at a 5-month high of 3.9% in June 2025, up from 3.2% in May and 3.5% in June of last year. Representational file image. | Photo Credit: Reuters Growth in industrial activity slowed to a 10-month low of 1.5% in June 2025, down from 1.9% in May. This slowdown was driven…

Read More “India’s industrial output growth slows to 1.5% in June, hitting 10-month low” »

Business

Access Denied

Posted on July 28, 2025 By admin
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