Kerala Approves Logistics Parks Near Vizhinjam Port by PSUs
The Kerala government grants in-principle approval for multimodal logistics parks by Concor, CWC, and IOC near Vizhinjam port to boost industrial and logistics ecosystem.
Category : Business
India Emerges as World's 2nd Largest Mobile Phone Manufacturer
India's electronics manufacturing has surged six-fold in 11 years, with mobile phone exports jumping over 100-fold. The government credits the PLI scheme for transforming the sector.
Trump's Oil Threat Puts Nayara Refinery's Future in Doubt
US President Trump's threat to impose a 25% penalty on India if it continues buying Russian crude raises uncertainty over the operations and ownership of the Nayara refinery in Gujarat, India's second-largest single-site refinery.
India-US Trade Deal Protects Farmers, Says Chouhan
Union Agriculture Minister Shivraj Singh Chouhan asserts the India-US interim trade deal safeguards farmers by excluding key products and boosting exports, rejecting Congress criticism.
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CleanMax Raises Rs 1,500 Crore Pre-IPO from Temasek, Bain Capital
CleanMax Enviro Energy Solutions, a major Indian solar rooftop firm, has raised Rs 1,500 crore from global investors like Temasek and Bain Capital in its pre-IPO round, ahead of a planned Rs 5,200 crore IPO.
Kotak Bank Exits IDBI Bank Acquisition Race
Kotak Mahindra Bank denies submitting a financial bid for IDBI Bank, leaving the government's divestment plan reliant on foreign investors like Fairfax India and Emirates NBD.
India-US Trade Deal Boosts Auto Parts Exports with Zero-Duty Access
The India-US trade agreement provides preferential tariff treatment for Indian auto parts, including zero-duty access, enhancing export competitiveness and strengthening global supply chains.
SBI Ups Credit Growth Target After Record Quarterly Profit
State Bank of India revises its annual credit growth guidance upward to 13-15% following a 24.5% surge in Q3 net profit, driven by broad-based loan expansion and improved profitability levers.
Indian Carpet Exporters See Revival After US Tariff Slump
Indian carpet exporters in Bhadohi and J&K report early signs of recovery as US buyers return after punishing 50% tariffs caused a near standstill, with exports dropping 9% to $735 million.
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India-US Trade Deal Conclusion to Strengthen Markets
The conclusion of the India-US trade deal is expected to boost market confidence, reduce volatility, and attract foreign investment, driving economic growth and stability in the financial sector.
Mormugao Port Seeks Rs 1,300 Crore for Berth and Channel Upgrade
Mormugao Port Authority has outlined plans to seek Rs 1,300 crore from the Ministry of Ports, Shipping and Waterways to redevelop Berth 9 and deepen the navigational channel, aiming to transform into a deep-draft port.
EPFO May Link Fund Manager Pay to Performance
The EPFO is evaluating a proposal to tie fund manager incentives to returns, part of a new benchmark methodology for debt investments. The move aims to optimize performance for its Rs 30 lakh crore assets.
Budget 2025: No Tax Changes, Focus on Post-Tax Returns
The interim budget for 2025 maintains existing tax rates, prompting financial experts to advise investors to prioritize post-tax returns and efficient portfolio management.
Low-Ticket Insurance Key to Solving India's Affordability Issue
Sameer Mathur argues that India's insurance gap stems from product design and distribution, not affordability, emphasizing fintech's role in driving low-ticket policy adoption for financial inclusion.
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US Tariff Relief Boosts Indian Exporters in Key Sectors
Indian exporters of biscuits, tea, textiles, and leather goods are optimistic after US tariff reductions. Companies like Mrs. Bectors and tea estates plan to expand US distribution, aiming to triple exports and regain competitiveness against rivals like S
Goa Chamber Urges Banks to Support Mining Borrowers
The Goa Chamber of Commerce and Industry has appealed to banks for leniency towards mining-affected borrowers, citing sector revival and growth potential with operations restarting.
US-India Trade Deal Progress Lifts Market Sentiment
Dalal Street anticipates a positive opening as the US-India trade agreement advances, with Gift Nifty up 0.7% and foreign fund flows showing a marked reversal.
Uttarakhand Commission Clears PNB, GPay in Fraud Case
Uttarakhand State Consumer Commission overturns district order, rules customer negligence caused Rs 1.06 lakh loss in online transactions, absolving Punjab National Bank and Google Pay of responsibility.
Highway Builders Urge PM Modi to Review PPP Project Timelines
The National Highways Builders Federation has written to PM Modi, requesting a review of unrealistic construction deadlines and recent arbitration restrictions in major highway PPP projects.
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India's Russian Oil Imports Not Dictated by US Trade Deal: Goyal
Commerce Minister Piyush Goyal clarifies that India's crude oil purchases from Russia are independent of the new US trade framework, emphasizing strategic diversification of energy sources as a national priority.
Goyal: $500B US Trade Figure is Intent, Not Obligation
Commerce Minister Piyush Goyal clarifies that India's $500 billion trade intent with the US is not a binding commitment, emphasizing imports will be driven by commercial needs, price, and quality.
Bhubaneswar Authority Approves Illegal Building Plan Amid Controversy
Bhubaneswar Development Authority has approved a building plan for a five-storey structure that was previously ordered for demolition, sparking legal disputes and raising questions about regulatory compliance in Odisha's real estate sector.
Patna Horticulture Festival Ends with Prizes and Sales
The three-day horticulture festival at Gandhi Maidan concluded with prize distribution, significant sales, and focus on value chain development for farmers in Bihar.
Rs 500 Crore ARAI Research Centre Announced for Mandya
Union Minister HD Kumaraswamy announces a Rs 500 crore Automotive Research Association of India centre in Mandya, requiring 100 acres. He urges CM Siddaramaiah for land allotment and defends Union Budget allocations for Karnataka.
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Indian Farmers Protest US Food Imports in Trade Deal
Farmer groups led by ASHA-Kisan Swaraj warn that a new India-US trade agreement could open the floodgates for agricultural imports, threatening local farmers.
Wall Street Week: Key Data, Earnings & Market Shift
Wall Street braces for a pivotal week with retail sales, inflation, jobs data, and Q4 earnings. Investors pivot to small-cap stocks amid AI hyperscaler risks.
Ocado to Cut Up to 1,000 Jobs in Cost-Cutting Drive
British grocery technology giant Ocado Group Plc is planning to eliminate up to 1,000 positions as part of a significant cost-reduction initiative, according to recent reports.
Nemish Shah's Elgi Equipments & LMW Stocks in Budget Spotlight
Investor Nemish Shah's holdings in Elgi Equipments and LMW gain attention after Union Budget 2026's defense push. Shah owns 1.69% of Elgi and 5.36% of LMW, with both stocks showing strong long-term returns despite recent volatility.
Builders Push for Farm Plot Rules to Regulate Hyderabad Fringes
Real estate associations in Telangana have urged the state government to permit regulated farmhouse plotting in conservation zones, proposing size and construction limits to curb illegal growth and generate revenue.
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Valentine's Day Rose Prices Soar, Florists Face Losses
Ahead of Valentine's Day, Pune florists report unprecedented rose price hikes, with wholesale costs surging up to 300%, forcing many small businesses into losses despite high demand.
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