Mercedes-Benz to take price hikes in June, September
Business

Mercedes-Benz to take price hikes in June, September

[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
Business

Rupee recovers on RBI intervention, rises 17 paise to close at 85.41 against US dollar

[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
Business

SBI board approves sale of 13% stake in YES Bank to Sumitomo for ₹8,889 crore at ₹21.50 per share

[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
Business

TRAI sets Satcom spectrum fee at 4% of revenues, extra ₹500 for urban users

[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
Business

Iraqi buyers lift orthodox leaf prices in Kochi tea auctions

[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
Business

India offers major tariff cuts to seal trade pact with Trump

[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
Business

Cost a key consideration in developing green hydrogen use cases

[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
Business

Mutual fund equity inflows down 3% in April as investors move to hybrid funds

[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  billion stake in Haier India
Business

Sunil Mittal in talks to buy $2 billion stake in Haier India

[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 
Business

Markets regain some ground after early plunge on India-Pakistan tensions 

[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

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