Business

Forex watch: India’s reserves drop $9.32 bn to $688.87 bn this week, led by decline in foreign currency assets & gold

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India’s foreign exchange reserves saw a significant decrease. The reserves dropped by $9.322 billion, reaching $688.871 billion. This decline occurred for the week ending on ...

Forex watch: India’s reserves drop $9.32 bn to $688.87 bn this week, led by decline in foreign currency assets & gold

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India’s foreign exchange reserves saw a significant decrease. The reserves dropped by $9.322 billion, reaching $688.871 billion. This decline occurred for the week ending on ...

Tata Motors Q1 results: Net profit drops 62% to Rs 4,003 crore on lower volumes and JLR tariff hit; revenue slips to Rs 1.04 lakh crore

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Tata Motors’ Q1 FY26 net profit plummeted 62.2% to ₹4,003 crore, impacted by volume declines across segments and lower Jaguar Land Rover earnings. The absence ...

Boost for Ujjwala beneficiaries: Govt approves Rs 30,000 crore payout to OMCs for LPG losses; move aims to ensure stable supply

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The government approved a Rs 30,000 crore package for oil companies. This offsets losses from selling LPG below cost. Indian Oil Corporation, Bharat Petroleum Corporation, ...

India’s auto retail slips 4.3%: Passenger vehicles, two-wheelers’ sales decline in July; tractor segment bucks trend with 11% growth

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India’s vehicle retail sales experienced a 4.31% year-on-year decline in July, totaling 1.96 million units, attributed to weak consumer sentiment and a high base effect. ...

Steel ministry rules rattle medical device makers: Medical device makers seek BIS exemption; industry warns of system disruption

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New steel ministry regulations mandating BIS certification for imported raw materials like hot rolled steel and ingots are causing concerns among medical product manufacturers. Industry ...

Gold rate today: Gold prices surge to over Rs 1.02 lakh per 10 grams; what’s the outlook?

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Gold rate today: Gold futures soared to a record high of Rs 1,02,191/10 grams, while silver reached Rs 1,14,900/kg, driven by US trade tariff concerns ...

Elon Musk’s Starlink to store data in India: Government sets strict routing rules; licence to provide satellite services secured last month

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Starlink’s India operations will store all network data and user traffic within the country, ensuring domestic user information remains within national boundaries, according to Communications ...

India-US trade deal: With Donald Trump’s 50% tariffs looming, India reviews market access offers for US; three-pronged strategy to protect exporters

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Despite increased US tariffs on crude oil trade with Russia, India is reassessing its market access offers to the US, aiming to finalize a trade ...

Nestle India’s maiden 1:1 bonus issue today: FMCG firm eyes enhanced stock liquidity, improved affordability for retail investors— What shareholders should know

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Nestle India has set August 8 as the record date for its first-ever 1:1 bonus share issue, a move aimed at boosting investor participation and ...