Trent reports a 22% quarterly profit increase as it accelerates store growth in smaller Indian cities, offsetting rising costs amid supply chain concerns. Trent reported a 22% rise in quarterly profit on Thursday as the Tata Group retailer’s push into…
The Indian stock market closed mixed on Thursday, with gains led by banking and oil and gas shares, despite weakness in technology and auto sectors, amid optimism over Middle East tensions easing and strong quarterly results. Indian equities finished Thursday…
Noida-based engineering firm Technocraft Ventures prepares for its initial public offering, attracting mixed brokerage recommendations amid a solid order book and recent revenue growth, with shares trading at a premium in the grey market. Technocraft Ventures is set to open…
While Indian expatriates can maintain existing Public Provident Fund accounts after relocating, new rules restrict opening and extending accounts, shaping long-term savings strategies for overseas Indians. For Indians who move abroad, the Public Provident Fund often remains one of the…
Union Minister H.D. Kumaraswamy highlights India’s shift towards self-reliance in clean energy technology production, emphasising steel, rare earths, and industrial collaboration as key to future growth and energy security. Union Minister for Steel and Heavy Industries H.D. Kumaraswamy has said…
The Indian government’s latest legislation risks reshaping the country’s digital economy by potentially reintroducing fees on UPI transactions and increasing foreign access, amidst accusations from Congress of capitulating to US trade pressures. Congress on Thursday accused the Modi government of…
A recent viral claim that artificial intelligence helped a taxpayer file their income tax return before receiving a notice has reignited concerns over the reliance on AI tools during the filing process, highlighting potential pitfalls amid increasing automation. A viral…
India’s recent trade agreements, including with the EU, promise vast export opportunities but highlight challenges like port delays and compliance hurdles that could determine the real success of these deals. India has spent years pursuing preferential access to some of…
Sanjay Malhotra emphasizes that consumers bear indirect costs of UPI transactions despite no current plans for merchant fees, as discussions about funding and infrastructure upgrades continue amidst policy tensions. Reserve Bank of India Governor Sanjay Malhotra said consumers already shoulder…
The Indian government is exploring measures such as buffer stock releases and support price hikes to mitigate rising pulse prices caused by threatening monsoon disruptions linked to El Niño. India’s government is weighing steps to soften any spike in pulse…
