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India’s current account deficit (CAD) narrowed to $2.4 billion (0.2% of GDP) in the April-June quarter (Q1FY26) from $ 8.6 billion (0.9% of GDP) in the year ago period and against a surplus of $13.5 billion (1.3% of GDP) in Q4:FY25, according to data released by the Reserve Bank of India (RBI) on Monday (September…
Maruti Suzuki India Ltd. reported a more than 7% fall in domestic sales at 1,44,145 units from 1,55,779 units sold in August 2024. | Photo Credit: Reuters Top passenger car companies witnessed reduced sales in August 2025 possibly due to buyers deferring purchase decisions to pay lower goods and services tax (GST) as and when…
Deutsche’s retail banking revenue in India in the financial year to March 2025 stood at $278.3 million, its disclosures show. File. | Photo Credit: Reuters Deutsche Bank is exploring the sale of its Indian retail banking assets and has invited bids from domestic and foreign lenders in the country, two sources told Reuters, making it…
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BHEL faces fines for noncompliance with SEBI regulations by not appointing required independent directors, seeks waiver. File | Photo Credit: The Hindu State-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) on Monday (September 1, 2025) said the bourses BSE and NSE have imposed a fine of ₹5,36,900 each for not appointing independent directors as required…
Union Minister Ashwini Vaishnaw. File | Photo Credit: The Hindu Seeking to address concerns of the industry mired in uncertainties since the passing of the online gaming legislation, Union Minister Ashwini Vaishnaw and officials of the Ministry of Electronics and Information Technology (MeitY) met industry representatives on Monday (September 1, 2025), according to government sources…
Foreign Institutional Investors offloaded equities worth ₹8,312.66 crore on August 29, 2025, according to exchange data. File | Photo Credit: Reuters The rupee depreciated 10 paise to close at an all-time low of 88.19 (provisional) against the U.S. dollar on Monday (September 1, 2025) amid Indo-U.S. trade deal uncertainties and higher dollar demand from importers. …
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A view of the Bombay Stock Exchange in Mumbai. File | Photo Credit: Reuters Benchmark BSE Sensex on Monday (September 1, 2025) rebounded by nearly 555 points on value buying in IT, auto and banking shares after three straight days of losses and strong macro data. The 30-share Sensex jumped 554.84 points or 0.70% to…
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The Logo of the Ashok Leyland Ltd. File | Photo Credit: The Hindu Commercial vehicle maker Ashok Leyland, flagship of the Hinduja Group, said it has entered into a long-term exclusive partnership with CALB Group, one of the foremost battery technology companies in China, in backdrop of improving bilateral relations and will invest over ₹5,000…
Image used for representation purpose only. | Photo Credit: Getty Images/iStockphoto Gross GST collection increased 6.5% to over ₹1.86 lakh crore in August on higher domestic revenues, as per government data released on Monday (September 1, 2025). Gross Goods and Services Tax (GST) mop-up was ₹1.75 lakh crore in August 2024. Last month, the collection…
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