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Business
Tata Electronics Partners With ASML to Boost India’s Semiconductor Manufacturing Ambitions
New Delhi, May 15: Tata Electronics has signed a major partnership agreement with Dutch semiconductor equipment giant ASML, marking a significant step in India’s efforts to establish itself as a global semiconductor…
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India Restricts Silver Imports Amid Forex Pressure; Domestic Prices Likely to Rise
New Delhi, May 17: The Indian government has imposed fresh restrictions on silver imports, moving several categories of silver from the “free” import regime to the “restricted” category. The decision is expected to…
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Government Imposes Curbs on Silver Imports After Sharp Surge in Shipments
New Delhi, May 15: The Indian government has imposed restrictions on silver imports following a sharp rise in inbound shipments of the precious metal. According to a notification issued by the Directorate General of…
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Tata Motors PV Shares Surge 5% After Q4 Results; Brokerages Split on Future Outlook
New Delhi, May 15: Shares of Tata Motors Passenger Vehicles Ltd rose more than 5% on Friday after the company posted stronger-than-expected fourth-quarter earnings for FY26. The stock settled at Rs 356.55, gaining 5.22% after the results…
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Rupee Breaches 96 Against US Dollar for First Time Ever
New Delhi. May 15: The Indian rupee plunged to a historic low on Friday, breaching the 96 mark against the US dollar for the first time ever. The domestic currency fell 50 paise during the day to touch an all-time low of 96.14 in the…
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RBI Raises Trading Targets for Primary Dealers to Boost Bond Market Liquidity
New Delhi, May 15: The Reserve Bank of India (RBI) has increased trading targets for primary dealers in a move aimed at strengthening liquidity in the government securities market and deepening participation in sovereign…
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Petrol, Diesel Prices Hiked by Over Rs 3 Per Litre
New Delhi, May 15: Petrol and diesel prices were increased across major Indian cities on May 15 as State-run oil marketing companies (OMCs) announced hikes of up to Rs 3.60 per litre for petrol and Rs 3.56 per litre for diesel,…
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Adani Airport Holdings, IHG Sign Five-Hotel Deal; Kimpton Brand To Debut In India
New Delhi, May 14: Adani Airport Holdings Limited and IHG Hotels & Resorts have signed a landmark agreement to develop five hotels across major airport-linked and high-growth destinations in India, significantly…
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India’s Wholesale Inflation Surges To 42-Month High Of 8.3% In April
New Delhi, May 14: India’s wholesale inflation accelerated sharply in April, with the Wholesale Price Index (WPI)-based inflation rising to 8.3 percent, the highest level in 42 months driven mainly by soaring fuel and energy costs linked to…
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India May Slash Bond Taxes For Foreign Investors To Support Rupee And Boost Capital Inflows
New Delhi, May 14: India is considering a major reduction in taxes imposed on foreign investors investing in government bonds as policymakers look to attract overseas capital, stabilise the rupee and align India’s taxation…
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