Category: Business

Vande Bharat sleeper train prototype Indian Railways is looking to roll out the first Vande Bharat sleeper train in the coming weeks. The prototype train set, built on the Vande Bharat platform, for long distance travel aims to offer faster and more comfortable passenger experience compared to the Rajdhani Express trains.Union railways minister Ashwini Vaishnaw […]

File photo: US President Donald Trump and China’s President Xi Jinping (Picture credit: AP) China’s exports expanded in August but missed forecasts, weighed down by a sharp fall in shipments to the United States despite gains in Europe and Southeast Asia, official data showed Monday.According to news agency AFP, overall exports rose 4.4% year-on-year, lower […]

V. Anantha Nageswaran discussed the potential economic impact of the United States’ trade measures. (AI image) US President Donald Trump’s 50% tariffs on India could shave off around 0.5% to 0.6% from India’s GDP growth, believes Chief Economic Adviser V. Anantha Nageswaran. The Donald Trump administration had imposed 25% tariffs on India effective August 7, […]

Streamlined GST structure coupled with robust domestic economic indicators should sustain market momentum in the immediate future. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Monday. While Nifty50 was above 24,800, BSE Sensex was up almost 200 points. At 9:17 AM, Nifty50 was trading at […]

File photo (Picture credit: AP) Asian markets opened the week on a firm note on Monday, with Tokyo leading gains after Japan’s Prime Minister Shigeru Ishiba announced his resignation, sending the yen lower and boosting exporters. At the same time, oil prices edged higher as Opec+ signalled a slower pace of output increases.Tokyo’s Nikkei index […]

BENGALURU: Britannia expects half of its domestic sales to come from rural markets in the next 3 to 4 years, as it is expanding its distribution network to increase its presence in those regions with aspirational buying preferences, said its VC and MD Varun Berry.The rural market is “very important” for Britannia, where the maker […]

MUMBAI: Amid a growing local IPO market which has allowed space to startups with investors betting on India’s tech companies, a new segment is quietly finding its feet in the primary markets-co-working spaces. After Awfis, the first from the sector made a strong debut on the bourses last year, Smartworks and IndiQube Spaces followed. And […]

NEW DELHI: Air India chief Campbell Wilson has told employees that there is nothing alarming about the go-around and flights returning to the bay in context of the carrier’s “scale and size” and said that the “the incidence rate is entirely normal”.“Over the past few months, our operations have garnered significant attention… Like all airlines, […]

NEW DELHI: India Inc revenue will likely grow 6-7 % this fiscal because of the reduction in GST rates, as per Crisil Intelligence’s latest report.However, the anti-profiteering rule in the GST system may prevent companies from seeing a major increase in profit margins, the report added. The rating agency stated that the reductions in the […]

NEW DELHI: Finance minister Nirmala Sitharaman has said that the government is keeping a ‘good watch’ on exchange rates, stressing that besides rupee several other currencies have depreciated against the US dollar.“The rupee slide is largely against the dollar, not against any other currencies. That’s also because of the way globally, the dollar has strengthened,” […]