Download IPFS The Indian Rupee concluded Thursday’s trading session at an all-time closing low of 87.60 against the U.S. Dollar. The currency’s depreciation, a drop of 0.2 percent from its previous close, marks its weakest performance on record and its worst monthly fall since September 2022. The sharp decline is[Read More…]

Download IPFS In the wake of new tariffs imposed by the U.S., India has chosen a measured and non-retaliatory approach, signaling its continued commitment to a negotiated trade solution. While U.S. President Donald Trump’s administration has levied a 25% tariff on Indian goods and hinted at an additional penalty for[Read More…]

Download IPFS In a significant development for India’s digital landscape, Elon Musk’s Starlink has been granted a Unified License to provide satellite internet services across the country. The announcement, made by Union Telecom Minister Jyotiraditya Scindia, paves the way for the company to enter the Indian market, bringing with it[Read More…]

Download IPFS The June quarter proved to be the most volatile period for the industry since the onset of the pandemic, according to Debasis Nandy, President and Group Chief Financial Officer (CFO) of Thomas Cook India. In a recent interview, Nandy highlighted that the quarter was marked by a confluence[Read More…]

Download IPFS A new 25% tariff imposed by the United States on a wide range of Indian exports, coupled with a potential “penalty” for India’s trade with Russia, is expected to shave off a significant portion of India’s economic growth. Economic analysts and brokerage houses are forecasting that this new[Read More…]

Download IPFS India’s state-owned oil refiners have reportedly hit the brakes on new purchases of Russian crude, marking a significant shift in the nation’s energy procurement strategy. This temporary pause, which began over the past week, comes as discounts on Russian oil have narrowed and new geopolitical pressures have emerged.[Read More…]

Download IPFS Hyundai Motor India Limited (HMIL) reported an 8.08% year-on-year decline in its consolidated net profit for the first quarter of fiscal year 2025-26, settling at ₹1,369.23 crore. Despite the profit dip and a 5.5% fall in revenue to ₹16,179.61 crore, the company’s robust export performance and strategic focus[Read More…]

Download IPFS The Indian state of Andhra Pradesh has reportedly finalized a monumental $6 billion agreement with Google for the establishment of a large-scale data center facility. This significant investment, according to government sources, marks Google’s first major data center commitment in India and is poised to become Asia’s largest[Read More…]

Download IPFS Tata Steel has announced a remarkable 116.51% surge in its consolidated net profit, reaching ₹2,077.68 crore for the first quarter of the fiscal year 2025-26 (Q1FY26), despite a nearly flat revenue performance. The steel major’s profit in the corresponding period last year stood at ₹959.61 crore. This significant[Read More…]

Download IPFS India’s domestic solar cell manufacturing capacity is projected to reach an impressive 42 Gigawatts (GW) by 2026, marking a substantial increase from its current levels. This ambitious growth is a crucial component of the nation’s broader strategy to enhance energy security, reduce reliance on imports, and position itself[Read More…]