Category: Business

As EU-India ties enter a watershed moment on the back of a free trade agreement (FTA) that’s still being negotiated, European Commission President Ursula von der Leyen told TOI’s Sachin Parashar in an exclusive interview that while the last mile is always the hardest, it will be more than worth it. The conclusion of the […]

HYDERABAD & MUMBAI: Silver’s unprecedented surge continued Friday. In late trades on the New York Commodity Exchange (Comex) the price of the white metal crossed the psychologically important $100 per ounce (Oz) mark for the first time in history. Gold, which has gained at a much slower pace than silver in recent months, neared the […]

Strengthening infrastructure, particularly road networks, alongside tax and duty rationalisation, a predictable long-term policy environment and measures to ensure stable foreign exchange conditions in the forthcoming Union Budget could play a crucial role in driving faster expansion in the luxury car market, Audi India Brand Director Balbir Singh Dhillon said. He described Union Budget 2026 […]

Capital markets regulator Sebi has cleared initial public offering plans of 12 companies, according to a regulatory update released on Friday.These firms are Hella Infra Market, the parent company of construction-tech platform Infra.Market, Purple Style Labs, Jay Jagdamba Ltd, UKB Electronics, CMR Green Technologies, Transline Technologies, Medicap Healthcare, Oswal Cables, BVG India, Sai Parenteral’s, Commtel […]

MUMBAI: The weakness of the rupee and foreign fund selling due to geopolitical concerns weighed on investor sentiment on Dalal Street on Friday, and the resultant selling pulled the sensex down by 770 points (0.9%) to 81,538 points. On the NSE, the broader Nifty slid 241 points (1%) to close just above the 25K mark, […]

As the Union Budget 2026 is drawing closer, India’s precious metal refiners are have laid out their expecations from the finance minister. The sector is seeking relief from the current duty structure that favours importers as compared to local refiners, through free trade agreements. MMTC-PAMP managing director and CEO Samit Guha the duty gap has […]

MUMBAI: Payments infrastructure startup Juspay has raised $50 million in funding from new investor WestBridge Capital at a valuation of $1.2 billion, becoming the first unicorn of the year.The investment includes a mix of primary and secondary transactions, the company said in a statement on Friday. In a secondary deal, a firm’s shares change hands […]

MUMBAI: Employees of public sector general insurers, RBI and Nabard will receive a collective Rs 11,640-crore payout after the Centre approved a retrospective wage, pension reset covering serving and select former staff.State-owned general insurers take the bulk: Rs 8,170 crore, followed by RBI at Rs 2,697 crore and Nabard at around Rs 773 crore, factoring […]

NEW DELHI: Shishir Kapoor, an ethnic womenswear exporter from Lucknow, asserts that he is not offering any discount to American buyers, and his business has not seen any impact due to the 50% tariffs on Indian exports. For MLK Exports, more than half its exports are to the US.“My buyers are in the upper and […]

NEW DELHI: Textile minister Giriraj Singh Friday indicated that India and EU will announce a trade deal in the next four days and urged industry to diversify so that garment exports grow. Drawing comfort from trade numbers, he said: “Many believed that Indian exports will fall due to the tariff war. Industry was worried… Despite […]