Business
Mercedes-Benz to take price hikes in June, September
- By Ethan Caldwell
- . May 9, 2025
[ad_1] With high forex rates, German luxury carmaker Mercedes-Benz, which has the highest market share in the Indian luxury car market, has announced two price
Rupee recovers on RBI intervention, rises 17 paise to close at 85.41 against US dollar
- By Ethan Caldwell
- . May 9, 2025
[ad_1] Forex traders said the rupee opened on a weak note on the escalation of hostility between India and Pakistan, however, RBI intervened to prevent
SBI board approves sale of 13% stake in YES Bank to Sumitomo for ₹8,889 crore at ₹21.50 per share
- By Ethan Caldwell
- . May 9, 2025
[ad_1] The deal reflects growing foreign interest in India’s private banking sector. | Photo Credit: SOMASHEKAR G R N The country’s largest lender, State Bank
TRAI sets Satcom spectrum fee at 4% of revenues, extra ₹500 for urban users
- By Ethan Caldwell
- . May 9, 2025
[ad_1] Starlink, which recently received a Letter of Intent to begin operations, is partnering with Jio and Airtel to enter the Indian market. Telecom regulator
Iraqi buyers lift orthodox leaf prices in Kochi tea auctions
- By Ethan Caldwell
- . May 9, 2025
[ad_1] Tea plantations in Munnar, Kerala | Photo Credit: JOMON PAMPAVALLEY Orthodox leaf market in Kochi tea auctions witnessed strong buying, thanks to increased purchases
India offers major tariff cuts to seal trade pact with Trump
- By Ethan Caldwell
- . May 9, 2025
[ad_1] The US is India’s largest trading partner, with bilateral trade totalling some $129 billion in 2024. India has offered to slash its tariff gap
Cost a key consideration in developing green hydrogen use cases
- By Ethan Caldwell
- . May 9, 2025
[ad_1] The advantages of green hydrogen in sectors such as transport and steel are immense, but the use cases remain underdeveloped on account of high
Mutual fund equity inflows down 3% in April as investors move to hybrid funds
- By Ethan Caldwell
- . May 9, 2025
[ad_1] Inflows into equity mutual funds were down 3 per cent last month to ₹24,269 crore against ₹25,082 crore logged in March, as investors moved
Sunil Mittal in talks to buy $2 billion stake in Haier India
- By Ethan Caldwell
- . May 9, 2025
[ad_1] Haier’s revenue in South Asia grew by more than 30 per cent in the first quarter from a year earlier, with its side-by-side refrigerators
Markets regain some ground after early plunge on India-Pakistan tensions
- By Ethan Caldwell
- . May 9, 2025
[ad_1] Volatility remained elevated with the India VIX maintaining levels near one-month highs. Markets pared some early losses by midday trading on Friday, though they