Business

Elon Musk bets on India: Tesla to open showrooms in July; ‘Made in China’ EV may cost more than $56,000, says report

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Tesla is set to debut in India this July with showrooms in Mumbai and New Delhi, importing Model Y SUVs from its Shanghai facility. Despite ...

Gold-silver rate today: Gold drops below Rs 1 lakh to Rs 99,960 per 10g; silver plunges Rs 2,000/kg as global investors cut bullion bets

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Gold prices in Delhi fell below Rs 1 lakh per 10 grams. Silver prices also decreased significantly. The decline occurred due to jewellers selling and ...

Forex boost: India’s reserves climb by $2.29 billion to $698.95 billion; led by gains in foreign currency assets and gold

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India’s foreign exchange reserves climbed by $2.294 billion to reach $698.95 billion in the week ending June 13, according to RBI data. This increase follows ...

Core sector slowdown: Core industries index slips to nine-month low of 0.7% in May; crude, gas and electricity drag index despite cement, steel gains

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India’s core infrastructure sectors experienced a significant slowdown in May 2025, growing by a mere 0.7%, the weakest performance in nine months. This decline was ...

Middle-East trade: India Inc faces limited impact from Iran-Israel conflict so far, says CRISIL

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CRISIL Ratings reports that the Middle East conflict’s impact on Indian companies’ global trade is currently limited due to small direct trade volumes with Israel ...

Isro-HAL deal: HAL bags SSLV tech transfer from ISRO, beating Adani-backed Alpha Design Technologies, BDL-led consortia

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Hindustan Aeronautics Limited (HAL) has secured the bid for the transfer of technology for ISRO’s Small Satellite Launch Vehicle (SSLV). ISRO will support HAL for ...

Rupee gains 14 paise to 86.59 vs US dollar; oil price dip, FII inflows support recovery, traders eye HDB IPO-linked inflows next week

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The rupee strengthened to 86.59 against the US dollar, driven by lower crude oil prices, a weaker dollar, and strong domestic equities. Foreign fund inflows ...

Indian aviation set to grow by 10% by FY2026, but financial losses likely to persist: ICRA report

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India’s aviation sector anticipates continued growth in FY2026, with domestic air passenger traffic projected to rise by 7–10%, reaching 175-181 million. Despite this surge and ...

Fear looms: Will Donald Trump name US Fed chair Powell’s successor soon? Here’s why markets are wary of ‘shadow chair’ signal

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President Trump’s indication of an early Federal Reserve chair nomination, potentially before Jerome Powell’s term concludes in 2026, has stirred market anxieties. Investors fear this ...

‘Make in India’ export push! PM Modi flags off first state-of-the-art locomotive for Guinea from Bihar’s Marhowra plant – check top features

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Prime Minister Modi launched the first ‘Make in India’ diesel locomotive for export from Bihar’s Marhowrah factory. Developed with Wabtec, the factory will export 150 ...