ACMA Forecasts Slower Auto Component Growth in H2
The Automotive Component Manufacturers Association president warns of a slowdown in the second half of the fiscal year, citing global economic pressures and supply chain issues.
Category : Business
Chennai Man Delivers Food on Wheelchair, Earns Rs 20,000
Lakshmanan Angamuthu, a paraplegic from Chennai, works as a Zomato delivery agent using his motorized wheelchair, overcoming challenges to earn Rs 20,000 monthly and inspire others with disabilities.
Essar Energy Transition Reports Record 2025 Domestic Sales
Essar Energy Transition achieves highest domestic sales since 2011 at its Stanlow refinery, driven by increased output and expanded operations in the UK.
Vizag Steel VRS: 350 Opt-Ins, Short of 600 Target
Around 350 employees at Vizag Steel Plant have opted for VRS in the third phase, missing the 600 target. Unions blame delayed salaries and uncertainty for the trend.
Silver Hits Record High After US Supreme Court Tariff Delay
Silver prices surged to a new all-time high at COMEX after the US Supreme Court delayed a ruling on Trump tariffs. Analysts see continued support for precious metals.
Festival Travel: Private Buses Hike Fares for Return Journeys
Passengers returning from Andhra Pradesh and Telangana face exorbitant bus fares as private operators exploit festival demand, with prices rivaling airfares.
Navi Mumbai Airport Denies Telecom Operators' Allegations
Navi Mumbai International Airport Private Ltd refutes telecom companies' claims about mobile connectivity issues and excessive infrastructure charges, explaining their neutral-host telecom model.
Tharoor: 75% Tariff Makes US-India Deal Unviable
Former Congress MP Shashi Tharoor calls for early conclusion of US-India trade agreement by Q1 2026, arguing 75% tariffs must drop to 15% for viable partnership.
Infosys Adds 5,000+ Employees in Q3
Infosys reported a significant workforce increase, hiring over 5,000 employees in the third quarter, reflecting strong growth and demand in the IT sector.
Infosys Beats Q3 Revenue Forecasts, Upgrades Guidance
Infosys reports $5.1 billion revenue for December quarter, exceeding analyst expectations. The company raises full-year guidance to 3-3.5% as demand recovery gains momentum in IT sector.
India-China Trade Gap Widens to $116 Billion in 2025
India's exports to China increased by 9.7% in 2025, reaching $19.75 billion. However, the trade deficit ballooned to a record $116.12 billion as Chinese exports grew faster.
Rishab Bajaj Leads Bajaj Auto's New EV Launch in Pune
Rishab Bajaj, son of MD Rajiv Bajaj, spearheads Bajaj Auto's latest electric vehicle launch in Pune, marking his growing role in the family business and the company's EV strategy targeting younger buyers.
Shark Tank India Founder Defies Aman Gupta, Won't Shut Brand
Ravi Kumar Gupta, founder of Guugly Wuugly, reveals he sold wife's jewellery and took loans for his kids' apparel brand. Despite Aman Gupta's advice to shut down, he vows to continue with Mohit Yadav's mentorship.
Bank Deposits Cross Rs 253 Lakh Crore, RBI Data Shows
Reserve Bank of India data reveals that deposits in Indian banks exceeded Rs 253 lakh crore as of December 25, 2024, marking significant growth in the financial sector.
Maharashtra Tops Export Readiness Index, Beats Tamil Nadu
Maharashtra emerges as India's most export-ready state in Niti Aayog's 2024 index, surpassing Tamil Nadu. Gujarat, Uttar Pradesh, Andhra Pradesh follow in rankings.
Infosys CEO Denies US Arrest Rumors About Employees
Infosys CEO Salil Parekh addressed false rumors during Q3 earnings call, confirming no employees were apprehended by US authorities. The company clarified the situation.
Government Slows India's 10-Minute Delivery Race
India's quick-commerce platforms are stepping back from their 10-minute delivery promise due to government pressure over gig worker safety and stress concerns.
Young Borrowers Drive Credit Growth, Mid-Age Anchors Loans
CRIF High Mark report reveals borrowers under 30 lead new credit entry and unsecured lending, while 31-40 age group dominates loan portfolios. Uttar Pradesh and Maharashtra have highest young borrower bases.
World Bank Raises India's GDP Growth Forecast to 7.2%
The World Bank has revised India's GDP growth projection upward to 7.2% for the fiscal year 2026, reflecting strong economic momentum and positive indicators.
India's Bank Credit Crosses ₹200 Lakh Crore, Unsecured Loans Boom
India's overall bank credit has soared past ₹200 lakh crore for the first time, hitting ₹203.2 lakh crore by December 2025. Unsecured loans and credit card debt are driving this unprecedented growth, with year-on-year credit expansion nearly doubling.
IndiGo Crisis: CCI Must Act as Proactive Regulator
While DGCA faces criticism over IndiGo's flight cancellations, the Competition Commission of India's passive role raises concerns. CCI must proactively investigate potential market abuse instead of waiting for complaints.
Labour Codes Dent Q3 Earnings, IT Firms Face Pressure
India's new labour regulations increase payroll costs, impacting corporate earnings in Q3. IT companies like TCS and Infosys see significant margin pressure as employee expenses rise.
Pakistan Inks Stablecoin Pact with Trump-Linked Firm
Pakistan partners with World Liberty Financial, a crypto firm tied to US President Donald Trump, to explore stablecoin use for cross-border payments amid regulatory shifts.
Mumbai Airport Radar Move to Gorai Unlocks Dahisar Housing
Maharashtra CM Devendra Fadnavis announces AAI's decision to relocate airport radar from Dahisar to Gorai, approved by Civil Aviation Minister. This move frees up land for affordable housing projects, potentially building 50,000 homes in North Mumbai.
Infosys Q3 Profit Falls 2.2% on Labour Code Impact
Infosys reports a 2.2% decline in Q3 net profit to Rs 6,654 crore, impacted by Rs 1,289 crore in labour code expenses. Revenue grows 8.9% to Rs 45,479 crore. The company provides FY26 guidance of 3.0-3.5% revenue growth and 20-22% operating margin.
Auto Parts Industry Faces US Tariff Impact in H2 FY26
ACMA reports steady H1 growth but warns US tariffs will hit exports in second half. Trade deficit emerges as imports outpace exports, while domestic demand provides cushion.
India's 10-Minute Grocery Delivery Debate
Union labour minister urges quick commerce firms to drop '10-minute delivery' ads, sparking debate on whether this addresses road safety or is just symbolic policy.
Air India, Saudia Sign Codeshare Deal to Boost Connectivity
Air India and Saudia signed a codeshare agreement to enhance travel between India and Saudi Arabia, offering streamlined booking and expanded destination access.
Auto Component Exports Rise 9.3% in April-September
India's auto component exports surged by 9.3% in the April-September period, reaching $10.5 billion. The growth is driven by strong demand from key markets like the US and Europe.
Burnout in India's White-Collar Workforce: A New Normal?
A Reddit post reveals deep exhaustion among Indian professionals. Long hours, commutes, and constant connectivity are taking a toll. Is burnout now the price of success?
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