Buisiness

Demonstrations are expanding throughout China as the consequences of Trump’s tariffs push manufacturing industries towards collapse. (AI image) Donald Trump tariff impact: Civil disorder and unrest has broken out across China as severe tariffs imposed by US President Donald Trump are expected to severely impact the country’s export-based economy, leading to business closures, wage defaults…

What sets this new PLI scheme apart is its structured incentives, strategically designed to support Indian manufacturers. (AI image) By Nikit Popli and Neetu SinghIn a strategic move to accelerate India’s vision of becoming a global electronics manufacturing hub, the Union Cabinet has approved a Production-Linked Incentive (PLI) scheme worth ₹22,919 crore for the manufacturing…

Air India. (Representative image) NEW DELHI: Due to Pakistan’s closure of its airspace to Indian carriers, Air India anticipates additional expenses of approximately $600 million if Pakistan’s airspace restriction continues for a year, and has requested compensation from the central government, according to a company letter obtained by Reuters.Indian airlines are preparing for increased fuel…

Prime Minister Narendra Modi is set to inaugurate the Vizhinjam International Deepwater Multipurpose Seaport on today. Located in Thiruvananthapuram, Kerala, the port is billed as India’s first dedicated transshipment facility and is expected to significantly reduce the country’s dependence on foreign ports, especially for container handling. Developed at an estimated cost of Rs 8,867 crore…

Stock market today (AI image) Stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, opened in green on Friday, the first trading day of the month. While Nifty50 rose over 100 points to cross 24,400, BSE Sensex was above 80,600. At 9:19 AM, Nifty50 was trading at 24,424.00, up 90 points or 0.37%.BSE…

Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, Eternal (Zomato) and KEI Industries are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for May 2, 2025:Index View: NIFTYIndian equity benchmarks during last week maintain a positive yet cautious bias,…

MUMBAI: When HDFC began offering home loansin the late 1970s, credit was a privilege, accessed cautiously and late in life. A large downpayment was a prerequisite, and only those in their 40s, with years of savings, could typically afford to borrow.Today, credit is accessed much earlier and more casually, with a growing number of Indians…

New Delhi: India and EU are working to reduce trade and non-trade barriers as part of the proposed FTA, commerce & industry minister Piyush Goyal said, while asserting that the two sides are working to conclude talks by the end of 2025. “As we advance in our negotiations, our focus is on enhancing market access…

MUMBAI: Eternal (formerly Zomato) saw its net profit drop 78% to Rs 39 crore in the March quarter from Rs 175 crore in the year-ago period on a consolidated basis as expenses shot up on the back of heavy investments in quick commerce business Blinkit. Revenue from operations increased to Rs 5,833 crore in Q4…

New Delhi: GST collections grew by 12.6% – the fastest pace of expansion in 17 months – to reach a record Rs 2,36,716 crore in April, buoyed by an over 20% jump in mop-up from imports.Collections from domestic sources were 10.7% higher at a little under Rs 1.9 lakh crore, while gross import revenue rose…