Stay Connected. Stay Informed.
Business
IDBI Bank. | Photo Credit: Reuters The due diligence of qualified bidders for IDBI Bank, which is up for privatisation, is underway, Minister of State for Finance Pankaj Chaudhary said on Monday (February 10, 2025). The government, along with LIC, is selling nearly 61% stake in IDBI Bank. This includes a 30.48% stake of the…
Read More “Due diligence of qualified bidders for IDBI Bank underway: MoS Finance” »
U.S. President Donald Trump with Prime Minister Narendra Modi. Mr. Modi’s bilateral meetings with Mr. Trump may include some offers for further reductions in import duties on items of U.S. interest such as pecan nuts. | Photo Credit: Reuters Prime Minister Narendra Modi’s bilateral meetings with U.S. President Donald Trump this week, which are likely…
Read More “India may offer lower duties on pecan nuts to cool Trump’s tariff barbs” »
An MoU was signed in the presence of Union Minister of Labour & Employment Mansukh Mandaviya and aims to enhance international and domestic employment opportunities for jobseekers registered on the National Career Service portal. Photo: @/X@mansukhmandviya Labour Ministry on Monday (February 10, 2025) announced the inking of an initial pact with FoundIt — a leading…
Image used for representative purpose only. | Photo Credit: Reuters The U.S. announcement to impose tariffs on steel imports will not have much impact on the Indian industry as the domestic market is strong and a small quantity is exported to America, Steel Secretary Sandeep Poundrik said on Monday (February 10, 2025). Also read: Trump…
Read More “U.S. tariffs won’t impact Indian steel industry much: Steel Secretary” »
Image used for representative purpose only. | Photo Credit: PRASHANT NAKWE New Delhi has jumped to the sixth position among 44 cities globally in price appreciation of luxury homes with the national capital seeing an average 6.7% increase in rates during the latest December quarter, according to Knight Frank. Real estate consultant Knight Frank on…
Stock markets closed with losses for the fourth consecutive day on Monday (February 10, 2025) with the benchmark Sensex declining by 548 points as fresh U.S. tariff threats shook investor confidence and triggered selling in bluechip banking, metal and oil shares. The 30-share BSE Sensex dropped 548.39 points or 0.70% to settle at a week’s…
Image for representation. Natco Pharma has received U.S. Food and Drug Administration final approval for Bosentan tablets for oral suspension, 32mg, its generic version of Actelion Pharmaceuticals US Inc.’s pulmonary arterial hypertension drug Tracleer. The Hyderabad-based generic drugmaker said it believes it has the sole first-to-file status for the product and consequently eligible for a…
Read More “Natco’s generic for PAH gets USFDA nod, marketing partner Lupin to launch product” »
Union Ministers Piyush Goyal and Nitin Gadkari at the Advantage Vidarbha 2025, in Nagpur, on February 9, 2025 | Photo Credit: PTI Maharashtra will become a $1 trillion economy in three years and Vidarbha will contribute significantly to it, said Union Minister of Commerce and Industry Piyush Goyal at the Advantage Vidarbha conclave’s closing event…
Union Minister for Commerce & Industry Piyush Goyal during the signing of the India-European Free Trade Association (EFTA) Trade & Economic Partnership Agreement, in New Delhi on March 10, 2024. | Photo Credit: PTI India is setting up a dedicated platform — EFTA (European Free Trade Association) desk — to promote trade, investment, and business…
Read More “India sets up EFTA desk to promote trade, investment, business facilitation” »
Image used for representational purpose. | Photo Credit: Reuters The rupee depreciated 45 paise to hit a record low of 87.95 against the U.S. dollar in early trade on Monday (February 10, 2025) weighed down by the strength of the American currency in the overseas market and a negative trend in domestic equities. Forex traders…
Read More “Rupee plunges 45 paise to hit record low of 87.95 against U.S. dollar in early trade” »