Friday, 28 February 2025

Small-scale industries’ functioning affected by e-Khata introduction, says KASSIA president



from Business News Today, Latest Finance News | The Hindu

KVB opens one more branch in Tiruchi



from Business News Today, Latest Finance News | The Hindu

Trump says U.S., Britain working on ‘great’ trade deal

Pro-Brexit politicians dangled the promise of a U.S.-U.K. trade deal as one of the benefits of leaving the European Union ahead of the 2016 referendum on EU membership

from Business News Today, Latest Finance News | The Hindu

Revenue Secretary Tuhin Pandey appointed SEBI chief

Mr. Pandey replaces Madhabi Puri Buch, who completes her three-year tenure on February 28, 2025.

from Business News Today, Latest Finance News | The Hindu

Thursday, 27 February 2025

PSBs drive infra bond boom, raising 90% of ₹89,588 cr amid credit-deposit growth gap

Banks collectively raised ₹89,588 crore via infrastructure (infra) bond issuances in the first 11 months of the current financial year against ₹51,081 crore in the year ago period

from Business News Today, Latest Finance News | The Hindu

Recyclekaro expands e-waste recycling capacity by over threefold



from Business News Today, Latest Finance News | The Hindu

Wipro commits $200 mn to venture arm Wipro Ventures

‘The investment will accelerate the company’s investments in early- to mid-stage start-ups’

from Business News Today, Latest Finance News | The Hindu

Wednesday, 26 February 2025

Godrej Enterprises Group’s Energy Solutions arm eyes ₹2,000 crore revenue in three years

The business is executing its first Greenfield 765kV Air Insulated Substation (AIS) project, spanning Rajasthan and Haryana, along with a Greenfield 765/400kV Gas Insulated Substation (GIS) project in Maharashtra

from Business News Today, Latest Finance News | The Hindu

NABARD projects priority sector credit potential of ₹4 .47 lakh crore for Karnataka during 2025-26

The share of agriculture is pegged at ₹2.04 lakh crore (46%), MSME at ₹1.88 lakh crore (42%), and other priority sector activities at ₹0.56 lakh crore (12%)

from Business News Today, Latest Finance News | The Hindu

‘FIIs optimistic on India in the medium term despite being net sellers’

Mumbai

from Business News Today, Latest Finance News | The Hindu

Tuesday, 25 February 2025

As season ends, cardamom prices show a fall

Ramadan season approaching next month, an upward price increase is typically expected, says official.

from Business News Today, Latest Finance News | The Hindu

India to host 12th Regional Circular Economy conference in Jaipur

The event will centre on the theme of “Realizing Circular Societies Towards Achieving Sustainable Development Goals (SDG) and Carbon Neutrality in Asia-Pacific”, says Union Minister Manohar Lal Khattar

from Business News Today, Latest Finance News | The Hindu

Working with FSSAI, other bodies to regulate spice industry: Spices Board



from Business News Today, Latest Finance News | The Hindu

Indian tech industry revenue projected to grow 5.1% even as job loss concerns persist

About 55% CEOs surveyed expected hiring to plateau or reduce in FY26; some CEOs sought to approach changes brought in by AI with “paranoia”, stressing this would ensure competitiveness

from Business News Today, Latest Finance News | The Hindu

Monday, 24 February 2025

Why personal accident insurance is a lifeline

One of the greatest advantages of this personal accident insurance product is its affordability; compared with health or life cover, premiums are relatively low, making it accessible to individuals across income groups

from Business News Today, Latest Finance News | The Hindu

Maharashtra budget to be presented on March 10

During the Budget Session, the Legislative Assembly will function on Saturday, March 8, which is a public holiday.

from Business News Today, Latest Finance News | The Hindu

Sunday, 23 February 2025

What is the significance of Kotak Mahindra Bank’s improved ratings? | Explained

S&P in April last year refrained from altering Kotak Mahindra Bank’s ‘BBB-’ rating despite the RBI barring them from onboarding new customers and issuing fresh credit cards.  

from Business News Today, Latest Finance News | The Hindu

Apparel exports to Spain grew 19.7% in April-January

Apparel exports from India show significant growth in key markets, with plans for further expansion in 2025-2026

from Business News Today, Latest Finance News | The Hindu

Granules eyes foray into peptide segment, CDMO business with ₹192 cr. acquisition of Swiss firm 

With this acquisition, Granules will leverage Senn’s European presence and innovation-driven peptide platform to accelerate its CDMO expansion and meet the growing demand for Amino Acid Derivative, and more

from Business News Today, Latest Finance News | The Hindu

‘India’s machinery import from Germany grew 2.2 % in 2024’

India’s purchase of machinery from Germany increased in 2024 compared with 2023 while its exports of machinery to Germany declined 4.9%

from Business News Today, Latest Finance News | The Hindu

Saturday, 22 February 2025

SBI branch network crosses 1,200 mark in TG with opening of 10 branches 

Bank committed to reach more customers, provide top-notch services: Chairman Challa Sreenivasulu Setty 

from Business News Today, Latest Finance News | The Hindu

IKGS expo captures essence of opportunities for investors in Kerala

The exhibition showcases 22 priority sectors of Kerala and captures the essence of diverse opportunities available to investors in Kerala

from Business News Today, Latest Finance News | The Hindu

RBI to conduct USD-INR swap auction of $10 bn for 3 years’ tenor to inject liquidity 

The swap is in the nature of a simple buy/sell foreign exchange swap from the Reserve Bank side. A bank will need to sell U.S. Dollars to the Reserve Bank and simultaneously agree to buy the same amount of U.S. Dollars at the end of the swap period.

from Business News Today, Latest Finance News | The Hindu

Friday, 21 February 2025

Bumpy road ahead for MSMEs as they try to sell to the EV industry

While the electric vehicle supply chain holds potential for MSMEs and startups, it is not an easy drive; from access to finance and technology to availability of skilled workers, there are several roadblocks for these entrepreneurs

from Business News Today, Latest Finance News | The Hindu

Sri Lanka not seeking to renegotiate Adani power deal, says top official from Energy Ministry

Meanwhile, Sri Lanka’s Cabinet has cleared a proposal to set up solar power plants in Sampur, in the eastern Trincomalee district, in a joint venture of the governments of Sri Lanka and India, through the Ceylon Electricity Board and National Thermal Power Corporation of India.  

from Business News Today, Latest Finance News | The Hindu

Thomas Cook, SOTC, LTIMindtree, others build ‘India’s first GenAI advisor’



from Business News Today, Latest Finance News | The Hindu

Fulcrum Digital to create 10,000 AI agents from India development centre



from Business News Today, Latest Finance News | The Hindu

Thursday, 20 February 2025

Edinburgh to Ernakulum: Strategies for wooing investors

The Department of Economic Affairs (DEA), Ministry of Finance, has been conducting various road shows and investor meetings within and outside India, with a view of providing sufficient clarity to potential investors and to improve their interests for participating in India’s growth story.

from Business News Today, Latest Finance News | The Hindu

Trade-related policies to stroke inflation, heighten market turbulence: RBI Bulletin

A strong dollar, driven by U.S. economic resilience and trade policy pivots, could exacerbate capital outflows from emerging economies

from Business News Today, Latest Finance News | The Hindu

Wednesday, 19 February 2025

SBI pegs India’s Q3FY25 GDP growth at 6.2%-6.3%

The RBI had in December projected the Q3 FY25 GDP growth rate at 6.8%.

from Business News Today, Latest Finance News | The Hindu

Former OpenAI tech chief Murati's AI startup comes to light with 20 hires from ChatGPT maker

Thinking Machines Lab, an AI startup founded by former OpenAI Chief Technology Officer Mira Murati, has tapped about 30 leading researchers and engineers from competitors such as OpenAI, Meta and Mistral, it said

from Business News Today, Latest Finance News | The Hindu

U.S. SEC seeks India's help in Adani bribery case

The SEC told a New York district court its efforts to serve its complaint to Gautam and Sagar Adani were ongoing and that it is seeking help from India's Ministry of Law and Justice to serve its complaint to them

from Business News Today, Latest Finance News | The Hindu

Tuesday, 18 February 2025

Markets decline in early trade amid unabated foreign fund outflows

From the Sensex pack, Tata Steel, NTPC, IndusInd Bank, State Bank of India, UltraTech Cement and Tata Motors were among the biggest laggards

from Business News Today, Latest Finance News | The Hindu

Samsung to cancel $2.11 billion worth of own shares

Samsung Electronics has decided to cancel 3.05 trillion won ($2.11 billion) worth of its own shares that it had acquired previously, the company said

from Business News Today, Latest Finance News | The Hindu

Will the new ‘lucid’ Income Tax bill reduce disputes and litigation?

The bill has now been referred to a 31-member Select Committee of the Lok Sabha, which is expected to submit its report on March 10

from Business News Today, Latest Finance News | The Hindu

Monday, 17 February 2025

How have Big Tech companies back-tracked on their DEI goals? | Explained

Why were Diversity, Equity, and Inclusion programmes initiated in the first place? Why have many tech giants suddenly decided to put an end to their respective DEI initiatives? Do such programmes facilitate remote working for persons with disabilities?

from Business News Today, Latest Finance News | The Hindu

Dalal Street Fauna



from Business News Today, Latest Finance News | The Hindu

To switch or not to: The old IT regime vs the new

While the Govt. is promoting the new tax regime with simplified tax slabs and lower rates, the old regime remains attractive for many taxpayers with its extensive exemptions and deductions

from Business News Today, Latest Finance News | The Hindu

Sunday, 16 February 2025

New India Cooperative Bank accused sent to police custody till Feb. 21

Mumbai police on February 15, 2025 arrested Hitesh Mehta, General Manager and Head of Accounts of the New India Cooperative Bank, for allegedly misappropriating ₹122 crore from the bank

from Business News Today, Latest Finance News | The Hindu

Announcement of India-U.S. trade agreement has boosted biz confidence: Piyush Goyal

During the recent visit of PM Modi to Washington, India and the U.S. announced to more than double the two-way commerce to $500 billion by 2030

from Business News Today, Latest Finance News | The Hindu

Saturday, 15 February 2025

Case filed against New India Cooperative Bank‘s general manager, associates for embezzling ₹122 crore

The RBI's action against the bank triggered panic among its customers, who thronged its branches since morning on Friday hoping to access their savings, but were denied entry into the premises

from Business News Today, Latest Finance News | The Hindu

Cupid Q3 net profit rises 25% to ₹11.04 crore 

The total income of Cupid Ltd ffor the period ended December 31, 2024 increased 24.47% to ₹ 50.76 crore as against ₹ 40.78 crore in the year ago.  

from Business News Today, Latest Finance News | The Hindu

BJP MP Baijayant Jay Panda to head 31-member select committee to examine Income Tax Bill

The committee will have 31 MPs, including 17 from the NDA and 13 from the Opposition; panel is mandated to submit report by first day of the Monsoon session

from Business News Today, Latest Finance News | The Hindu

Friday, 14 February 2025

Bird flu scare leaves poultry business in Andhra Pradesh dire straits

Egg business in the State has incurred a loss of approximately ₹100 crore in the past two weeks, says A.P. Poultry Federation vice-president T. Kutumba Rao

from Business News Today, Latest Finance News | The Hindu

Food prices to be under control, critical imports mired in uncertainty: Nirmala Sitharaman

Finance Minister tells Rajya Sabha that government will take measures to ensure that ordinary citizens are not burdened by inflation; says the Union Budget has been made during a difficult time when external challenges are ‘very severe’

from Business News Today, Latest Finance News | The Hindu

Pitti Engineering Q3 PAT surges 83% to ₹29 crore



from Business News Today, Latest Finance News | The Hindu

Wednesday, 12 February 2025

Rupee rises 27 paise to 86.52 against U.S. dollar in early trade

The rupee strengthens against the dollar due to lower crude oil prices and RBI measures, despite market volatility and outflows

from Business News Today, Latest Finance News | The Hindu

How Elon Musk’s $97.4 billion bid complicates matters for OpenAI

OpenAI CEO Sam Altman has soundly dismissed a $97.4 billion takeover bid backed by rival Elon Musk, but the unsolicited offer is likely to add complications to Altman’s push to transform OpenAI into a for-profit company

from Business News Today, Latest Finance News | The Hindu

Monday, 10 February 2025

What does the Budget offer Railways?

Knowing that the disappointing financial numbers will not be touched upon, rail watchers, industry and markets clung to one lifeline — capital expenditure. However, the much-anticipated capex push failed to materialise beyond last two years’ ₹2.62 lakh crore, signalling that even the government is pausing to reassess

from Business News Today, Latest Finance News | The Hindu

Market Downturn: Don’t make these mistakes

Successful investing is not about timing the market perfectly or finding the next ‘hot’ stock. It is about building a diversified and carefully chosen portfolio with a huge margin of safety and carefully chosen instruments based on policies and rules laid down by you in alignment with your long-term financial goals.

from Business News Today, Latest Finance News | The Hindu

Gold, silver on a roll

Precious metals gold and silver surged in January 2025, with positive outlooks for short and medium-term trading

from Business News Today, Latest Finance News | The Hindu

Sunday, 9 February 2025

Is private investment expected to rise? | Explained

Will the tax incentives and other measures announced in the Budget help spur consumer demand?

from Business News Today, Latest Finance News | The Hindu

Friday, 7 February 2025

Amazon reports strong earnings for Q4, but stocks dip due to outlook for the first quarter

Amazon on Thursday reported better-than-expected revenue and profits for the holiday shopping period, but its stocks dipped in after-hours trading

from Business News Today, Latest Finance News | The Hindu

Kerala Budget 2025-26 LIVE updates: Budget to be presented at 9 a.m.

Finance Minister K.N. Balagopal will also table the Economic Review 2024 and the final supplementary financial statement for the 2024-25 fiscal

from Business News Today, Latest Finance News | The Hindu

Odisha joins States’ pitch for 50% share of divisible tax pool

Odisha put forward a demand for ₹12,59,148 crore from the 16th Finance Commission for the five-year period from 2026-31.

from Business News Today, Latest Finance News | The Hindu

NMDC confident of demerged steel entity NSL clearing dues   

It is confident of recovery of more than ₹3,380 crore dues from NSL, bulk of that towards the iron ore supplied.

from Business News Today, Latest Finance News | The Hindu

Thursday, 6 February 2025

Assam women are major stock market investors

But investors in the State are among the most susceptible to online trading scams, says SEBI

from Business News Today, Latest Finance News | The Hindu

Wednesday, 5 February 2025

Tax cuts to boost demand, growth: S&P Global

India is expected to meet its fiscal deficit targets of 4.8% of GDP for this year and 4.4% of GDP in 2025-26, despite revenue losses from income tax breaks and slower economic growth, the rating firm said.

from Business News Today, Latest Finance News | The Hindu

Budget effect: Tata Power mulls nuclear reactor biz foray

Tata Power considers entering SMR segment amid government’s push for private investments in nuclear energy

from Business News Today, Latest Finance News | The Hindu

Tuesday, 4 February 2025

How will the govt. produce the required fuel ethanol? | Explained

Does India’s ethanol distillery industry have the capacity to produce nearly 1,100 crore litres of fuel ethanol? Why have maize imports increased substantially in the past year?

from Business News Today, Latest Finance News | The Hindu

Nissan begins exporting left-hand drive Magnite



from Business News Today, Latest Finance News | The Hindu

Monday, 3 February 2025

Beyond tax cuts, a closer read of the Union Budget

Many of the measures in manufacturing, agriculture, and climate action, lack rounded strategies

from Business News Today, Latest Finance News | The Hindu

A Budget that is forward-looking and growth-oriented

There is every indication that the approach toward economic expansion, fiscal prudence, and sectoral growth will continue

from Business News Today, Latest Finance News | The Hindu

Amidst Trump’s tariff war, India slashes peak tariffs from 150% to 70%, to ‘correct bad optics’

India has prepared fact-sheet for American diplomats on tariffs on key U.S. products, officials say; import duties on top 30 items from U.S. are all below 7.5%; Trump has clubbed India with China as a “tariff abuser”

from Business News Today, Latest Finance News | The Hindu

Sunday, 2 February 2025

Union Budget 2025: A reflection of Centre’s commitment to building resilient and dynamic industrial ecosystem

The Union Budget has 10 broad focus areas, including inclusive growth path, enabling employment-led development and investing in people, economy and innovation; it has measures to boost workforce development, medical education and technological research, writes R. Nandini, Chairperson, CII, Southern Region

from Business News Today, Latest Finance News | The Hindu

Union Budget 2025: Tax bonanza for middle class

Income up to ₹12 lakh tax-free; people earning at least ₹25 lakh will save ₹1.1 lakh; big push to increase spending and spur growth; tax rate changes, new Income Tax Bill show the government is responsive to the ‘voice of the people’, says Nirmala Sitharaman

from Business News Today, Latest Finance News | The Hindu