BUSINESS
India to grow by 6.5 pc in 2025 amid global slump: UN report
New Delhi- India is expected to remain the fastest growing major economy with a 6.5 per cent growth rate in 2025 while global growth is seen as marking a shift towards a recessionary path with the international trading system facing its most serious challenge since the Second World War, according to the latest UNCTAD report….
US President Trump exempts phones, computers and other electronics from reciprocal tariffs
Washington : The Trump administration in the US has exempted electronics like phones, computers and other electronics from the reciprocal tariffs imposed on other nations, including China, The Hill reported. Guidance posted by Customs and Border Protection, which collects duties on imports, indicated roughly 20 products that would be exempted from reciprocal tariffs. The electronic…
Production of Apple iPhones in India surges 60 pc to Rs 1.89 lakh crore in 2024-25
New Delhi- Apple India has recorded a 60 per cent jump in iPhone production from its Indian supply chain with a turnover close to Rs 1.89 lakh crore during the financial year ended March 31, 2025, according to industry data. Of this total output, Apple exported Rs 1.5 lakh crore worth iPhones from India during…
REC Limited Signs MoU with MMRDA for ₹1 Lakh Crore Investment in Mumbai Metropolitan Region
Mumbai, – REC Limited, a Maharatna CPSU under the Ministry of Power and a prominent NBFC, has entered into a Memorandum of Understanding (MoU) with the Mumbai Metropolitan Region Development Authority (MMRDA) to provide financial support of ₹1 lakh crore for infrastructure development in the Mumbai Metropolitan Region (MMR). The agreement was formally signed by…
Asian stock markets crash: China, Japan, Hong Kong and Taiwan markets top losers
New Delhi : Asian stock markets witnessed a major sell-off on Monday after US President Donald Trump announced a new round of tariffs. The markets opened with heavy selling pressure, reflecting growing fears over the impact of the tariffs on global trade and economic growth. Japan’s Nikkei 225 index dropped sharply by 5.79 per cent,…
High Level Delegation Conducts Inspection of New Boraki – New Daud Khan Section & Indigenously Developed MVIS System to Bolster Freight Safety
New Delhi: A high-level inspection of the New Boraki to New Daud Khan section was conducted today by senior officials including Shri Vikas Kumar Jain, Executive Director/Public Grievance/MR, Shri Praveen Kumar, Managing Director, DFCCIL, and Shri Pushpesh R. Tripathi, Divisional Railway Manager/Delhi Division/Northern Railways. The visit was held in the presence of officials from the…
CBRE Leads Indian Commercial Real Estate Investment Sales Activity in 2024
In addition to its overall ranking in India, CBRE was the market leader across four major asset classes–industrial (68.7%), retail (64.1%), residential (100%), and land (79.2%) across the Indian market. In terms of city distribution, Mumbai and Delhi-NCR were the top destinations for investment activity in 2024, each accounting for ~23% of the total, followed…
TATA.ev and Allied Motors launch electric vehicle portfolio in Mauritius
New Delhi : TATA.ev, India’s largest four-wheeler electric vehicle manufacturer and a subsidiary of Tata Motors, has officially entered the Mauritian market in partnership with Allied Motors, the country’s leading automobile distributor. The launch introduces a diverse electric vehicle portfolio, including the Tiago.ev, Punch.ev, and Nexon.ev, designed to offer superior performance, safety, and comfort while…
TATA.ev and Allied Motors launch electric vehicle portfolio in Mauritius
New Delhi : TATA.ev, India’s largest four-wheeler electric vehicle manufacturer and a subsidiary of Tata Motors, has officially entered the Mauritian market in partnership with Allied Motors, the country’s leading automobile distributor. The launch introduces a diverse electric vehicle portfolio, including the Tiago.ev, Punch.ev, and Nexon.ev, designed to offer superior performance, safety, and comfort while…
Sensex, Nifty ends FY25 with over 5 pc gain amid volatile trade
Mumbai- Indian stock markets ended the last trading session of the current financial year (FY25) on a lower side amid a volatile day. With this, the Sensex and Nifty gained over 5 per cent each in FY25. Sensex dropped 191.51 points, or 0.25 per cent, to close at 77,414.92, while the Nifty slipped 72.60 points,…