Monday, 30 June 2025

BHEL bags fresh orders from Adani Power for 800 MW thermal power units

Tthe BHEL has said that it has received a Letter of Award (LoA) from Adani Power Limited for six thermal units of 800 MW.

from Business News Today, Latest Finance News | The Hindu

Generating tax efficiency in debt-oriented funds

Debt funds are taxable at your marginal slab rate; there are certain funds that are taxable at 12.5%; the risk-return profile of the funds is not exactly same as debt funds but similar

from Business News Today, Latest Finance News | The Hindu

Sunday, 29 June 2025

Russia's Rosneft in early talks with Reliance to sell stake in India unit

Reliance has held preliminary talks for acquisition of Nayara, which will help it overtake state-owned Indian Oil Corporation

from Business News Today, Latest Finance News | The Hindu

Finance Ministry asks public sector banks to monetise investments in subsidiaries via listing on bourses

There are about 15 subsidiaries or joint ventures of PSBs lined up for initial public offering or divestment in medium to long term, sources said.

from Business News Today, Latest Finance News | The Hindu

Saturday, 28 June 2025

Tax, securities regulations make buybacks unattractive for shareholders

There were just four share buyback offers, amounting to a total of ₹186 crore as of June 26, 2025, against 38 with a total value of over ₹8,000 crore last year

from Business News Today, Latest Finance News | The Hindu

Adani indictment case: U.S. SEC updates court on efforts to serve legal documents

U.S. SEC has to serve the summons to Gautam Adani and his nephew Sagar through proper diplomatic channels, as it has no jurisdiction to summon a foreign national directly; Court asks for update by August 11

from Business News Today, Latest Finance News | The Hindu

Defence sector holds promise for start-ups, MSMEs and entrepreneurs, says ex-chief of Confederation of Indian Industry

There is a shift in government policy and a fundamental change in the mindset of entrepreneurs too, says R. Nandini, former chairperson of the Confederation of Indian Industry (CII), Southern Region

from Business News Today, Latest Finance News | The Hindu

JioBlackRock Broking gets SEBI nod to launch brokerage buisness

JioBlackRock Broking offers affordable, transparent, and technology-driven execution capabilities for investors through a joint venture with BlackRock

from Business News Today, Latest Finance News | The Hindu

Friday, 27 June 2025

Xiaomi launches YU7, undercutting Tesla's Model Y on price

Xiaomi's CEO and founder Lei Jun has said he wants the YU7 to challenge the Tesla Model Y and analysts say it has the potential to succeed

from Business News Today, Latest Finance News | The Hindu

Thursday, 26 June 2025

NSE offers $160 million to settle with SEBI, move ahead with IPO, sources say

Mumbai-headquarted NSE has been trying to list since 2016 to enable some of its biggest investors to exit

from Business News Today, Latest Finance News | The Hindu

Tata Play FY25 loss widens to ₹529 crore; revenue slides to ₹4,082 crore

Revenue from operations declined 5.15% to ₹4,082.5 crore in FY25. Reasons for the company's widening loss could not be immediately known

from Business News Today, Latest Finance News | The Hindu

MSME Growth Conclave 2025 | MSMEs need agile, secure ecosystem: Karnataka Minister Priyank Kharge

The Conclave highlights opportunities in defence, space, and aviation sectors for Indian entrepreneurs

from Business News Today, Latest Finance News | The Hindu

Wednesday, 25 June 2025

Rupee rises 13 paise to 85.92 against U.S. dollar in early trade

Brent crude rose to $68.01 per barrel in futures trade after U.S. President Donald Trump brokered a ceasefire between Iran and Israel

from Business News Today, Latest Finance News | The Hindu

Coal stock at thermal power plants hits all-time high of 58.25 million tonnes

At a high-level meeting, Coal and Railways ministries deliberated need for inter-ministerial coordination to ensure seamless operations

from Business News Today, Latest Finance News | The Hindu

Modi Government left no stone unturned in ruining country’s rapidly growing economy: Congress

Congress criticises Modi government for lowest savings account interest rates in 25 years, accusing them of “ruining the economy”

from Business News Today, Latest Finance News | The Hindu

Tuesday, 24 June 2025

Oman plans to impose personal income tax from 2028, first among Gulf States

The 5% tax will start in 2028 and will only be required of those who make upward of $109,000 annually — the top 1% of earners in Oman.

from Business News Today, Latest Finance News | The Hindu

Adani commissions India's 1st off-grid green hydrogen pilot plant

The 5 MW plant has been built by Adani New Industries Limited (ANIL) - the clean energy unit under the group's flagship firm Adani Enterprises Ltd

from Business News Today, Latest Finance News | The Hindu

Inflation falls but not unemployment

Monitoring inflation while ignoring unemployment is not a credible way of assessing economic performance

from Business News Today, Latest Finance News | The Hindu

Monday, 23 June 2025

Amazon India launches home diagnostics services in six cities

Amazon India expands healthcare services with at-home diagnostics, an online pharmacy, and virtual doctor consultations for seamless patient care

from Business News Today, Latest Finance News | The Hindu

Steering the Indian economy amidst global troubles

Industry needs to re-strategise amidst rising costs, disrupted supply networks and asymmetric information

from Business News Today, Latest Finance News | The Hindu

Sunday, 22 June 2025

JSW Energy enters race for Raigarh Champa Rail Infra as NCLAT allows fresh bidding

JSW Energy has already acquired KSK Mahanadi Power, a 3,600 MW thermal power plant in Chhattisgarh, for ₹16,084 crore through the insolvency process, earlier in March this year

from Business News Today, Latest Finance News | The Hindu

Consumer commission asks SpiceJet to pay ₹25,000 as compensation to passenger for issuing wrong ticket

The commission directed SpiceJet to pay the passenger ₹25,000 as compensation for mental agony and ₹5,000 for the litigation cost

from Business News Today, Latest Finance News | The Hindu

Mcap of 6 of top-10 most valued firms jumps ₹1.62 lakh crore; Airtel, Reliance biggest gainers

Last week, the BSE benchmark gauge jumped 1,289.57 points, or 1.58%

from Business News Today, Latest Finance News | The Hindu

Iran-Israel War: India ramps up oil imports from Russia, U.S. in June

The U.S. military struck three sites in Iran early Sunday, directly joining Israel which first struck Iranian nuclear sites on June 13.

from Business News Today, Latest Finance News | The Hindu

Saturday, 21 June 2025

Apple executives held internal talks about buying Perplexity: Report

Apple executives have held internal talks about potentially bidding for artificial intelligence startup Perplexity, Bloomberg News reported on Friday

from Business News Today, Latest Finance News | The Hindu

HAL wins ₹511-crore deal to build, own and commercialise SSLV launches

HAL emerged as the winning bidder among three shortlisted bidders; The PSU will initially make at least two SSLV rockets in two years with complete help and handholding from the ISRO, says IN-SPACe chairman Pawan Goenka

from Business News Today, Latest Finance News | The Hindu

Cognizant to invest $183 million for new India campus, add 8,000 jobs

Cognizant invests $182.76 million in new campus in Vishakapatanam, creating 8,000 jobs, with operations starting in 2029

from Business News Today, Latest Finance News | The Hindu

RRP S4E Innovation, Optix Bulgaria Forge sign MoU for technology transfer



from Business News Today, Latest Finance News | The Hindu

Friday, 20 June 2025

Gen AI adoption in India nearly universal, but training alone unlikely to bridge skills gap, says AWS survey

The ‘Generative AI Adoption Index’ research study commissioned by AWS showed that 83% of organisations in India have appointed a dedicated AI executive

from Business News Today, Latest Finance News | The Hindu

Tech firm LTIMindtree unveils new business unit ‘BlueVerse’ for AI ecosystem

LTIMindtree introduces BlueVerse, a comprehensive AI ecosystem with over 300 industry-specific agents for enterprise acceleration

from Business News Today, Latest Finance News | The Hindu

Domestic industry flags concern of rising Chinese PVC product imports



from Business News Today, Latest Finance News | The Hindu

Japanese shipping line MOL to deepen presence in India



from Business News Today, Latest Finance News | The Hindu

Thursday, 19 June 2025

Rupee falls 14 paise to 86.57 against U.S. dollar in early trade

Forex traders said geopolitical uncertainties, prevailing risk-off sentiments, and elevated crude oil prices collectively pressured the local currency

from Business News Today, Latest Finance News | The Hindu

Why oil prices are increasing amidst Iran-Israel tensions | Explained

Union Petroleum Minister Hardeep Singh Puri in a social media post had held that India having diversified its basket “substantially” was “comfortably placed” to manage its demand for oil

from Business News Today, Latest Finance News | The Hindu

Air India to cut 15% of widebody operated international flights

Decision taken mitigate impact of a combination of factors, including inspections and airspace restrictions in West Asia

from Business News Today, Latest Finance News | The Hindu

Wednesday, 18 June 2025

Sam Altman says Meta offered $100 million bonuses to OpenAI employees

OpenAI CEO Sam Altman said that Meta has offered his employees bonuses of $100 million to recruit them, as the tech giant seeks to ramp up its AI

from Business News Today, Latest Finance News | The Hindu

CCI buys 100 lakh bales cotton at minimum support price

CCI purchases 100 lakh bales at MSP, sells 35 lakh bales; imports rise, Indian cotton faces competitiveness issues

from Business News Today, Latest Finance News | The Hindu

SEBI bans IIFL Securities’ Director Sanjiv Bhasin for front running

SEBI bans IIFL Securities Director for front running, recommends buy stocks, makes ₹11.37 crore profit, faces penalties

from Business News Today, Latest Finance News | The Hindu

TVS Motor enters Indonesian electric two-wheeler market with iQube

TVS Motor enters Indonesian electric two-wheeler market with iQube scooter, offering high quality and attractive pricing

from Business News Today, Latest Finance News | The Hindu

Tuesday, 17 June 2025

Don’t depend on agents for PF services, EPFO tells members

It says several cybercafe operators and fintech companies are charging EPFO members large sums of money for services that are officially free

from Business News Today, Latest Finance News | The Hindu

PV sales dipped 1%, two-wheelers grew 2.2% YoY in May: SIAM



from Business News Today, Latest Finance News | The Hindu

India to export 150 locomotives to Africa worth over ₹3,000 crore

The 4,500-HP locomotives are equipped with air-conditioned driver’s compartment, regenerative braking, microprocessor-based controls, and modular architecture

from Business News Today, Latest Finance News | The Hindu

Monday, 16 June 2025

Why have special economic zones rules been relaxed? | Explained

Have these relaxed rules encouraged investment in the domestic manufacture of semiconductors? How important are semiconductors to the digital ecosystem?

from Business News Today, Latest Finance News | The Hindu

Bond fund or FD? how to choose

If you prefer stable income products for bond allocation, then you must consider bank deposits; But if you do not mind downside risk, then bond funds should be your choice for investments

from Business News Today, Latest Finance News | The Hindu

Europe beckons but are you covered?



from Business News Today, Latest Finance News | The Hindu

Passively managed funds and portfolio allocation

Passive funds may be part of your core or satellite component; these funds are available for various asset classes viz. equity, debt (bonds) and commodities

from Business News Today, Latest Finance News | The Hindu

Friday, 13 June 2025

Sunjay Kapur, industrialist and Karisma Kapoor’s ex-husband, passes away

Sunjay Kapur, ex-husband of Karishma Kapoor, passed away due to a sudden heart attack in the UK

from Business News Today, Latest Finance News | The Hindu

Central schemes must pass ‘effectiveness’ test to continue

Every scheme must have a “sunset date”, says FinMin; imposes new funding curbs, including on demand-driven schemes like MGNREGA, which will need approval to add beneficiaries beyond projected numbers

from Business News Today, Latest Finance News | The Hindu

Moody’s downgrade and U.S. fiscal reality

Moody’s downgrade of the U.S. credit rating unfolds without panic, but marks a quiet shift in global fiscal confidence; for India, this moment mirrors deeper fiscal vulnerabilities and calls for urgent reflection, restraint, and financial discipline

from Business News Today, Latest Finance News | The Hindu

Thursday, 12 June 2025

OpenAI has discussed raising money from Saudi Arabia, Indian investors: Report

OpenAI has talked to Saudi's PIF, India's Reliance Industries and existing shareholder United Arab Emirates' MGX about its $40 billion financing, The Information reported

from Business News Today, Latest Finance News | The Hindu

India-EU FTA will elevate strategic partnership: Jaishankar

Mr. Jaishankar made the remarks after meeting Maros Sefcovic, European Commissioner for Trade and Economic Security in Brussels.

from Business News Today, Latest Finance News | The Hindu

Centre to wield quality control ‘stick’ to drive exports

Centre is not keen on providing subsidies, quality control orders will be used to push industry to become internationally competitive, says official

from Business News Today, Latest Finance News | The Hindu

Wednesday, 11 June 2025

Meta to pay nearly $15 billion for Scale AI stake: Report

Meta Platforms has agreed to take a 49% stake in artificial intelligence startup Scale AI for $14.8 billion, The Information reported on Tuesday

from Business News Today, Latest Finance News | The Hindu

India-U.S. trade pact: Officials discuss market access, digital trade, customs facilitation

India and the U.S. are working towards negotiating the first tranche of a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA) by fall (September-October) 2025

from Business News Today, Latest Finance News | The Hindu

Maruti Suzuki cuts near-term EV production amid rare earths crisis

The setback could also hurt parent Suzuki Motor, for which India is the biggest market by revenue and a global production hub for EVs

from Business News Today, Latest Finance News | The Hindu

Pantomath Group asset management arm launches ₹2,000-crore Bharat Bhoomi Fund

The Fund will target ready-to-launch assets that can move swiftly from investment to value creation

from Business News Today, Latest Finance News | The Hindu

Tuesday, 10 June 2025

E-2W firm Quantum Energy breaks ground for 2 lakh unit facility near Hyderabad 

Spread across 2.4 lakh sq ft near the proposed Future City, in Maheshwaram, near Hyderabad, it will a net zero facility.

from Business News Today, Latest Finance News | The Hindu

Malaysia Airlines’ new flight from Thiruvananthapuram



from Business News Today, Latest Finance News | The Hindu

Lalithaa Jewellery files draft papers with SEBI; seeks to raise ₹1,700 crore via IPO

The Chennai-based company's proposed IPO is a combination of a fresh issue of shares worth ₹1,200 crore and an offer-for-sale of equities valued at ₹500 crore by M Kiran Kumar Jain

from Business News Today, Latest Finance News | The Hindu

Advent to invest $175 million in Felix Pharma to acquire minority stake

While Felix Pharmaceuticals achieved its first U.S. FDA approval in 2020, it has quickly scaled to a 14 commercialised product portfolio and has several others in advanced stages of pipeline.

from Business News Today, Latest Finance News | The Hindu

Monday, 9 June 2025

Are you home loan ready?



from Business News Today, Latest Finance News | The Hindu

Bridging health cover, mental healthcare in India

Globally, mental health conditions affect about 1 in 5 adults, with the World Health Organization estimating an annual productivity loss of over $1 trillion due to untreated mental health issue

from Business News Today, Latest Finance News | The Hindu

The rise and fall of Trump and Musk’s partnership

Donald Trump’s camaraderie with Elon Musk deepened in 2024 when the Republican leader had been preparing for a second term; the tech billionaire had played a visible role in backing Trump’s campaign and policies; seven months later, the bromance began cooling as tensions over a massive spending bill sparked public criticism, which was followed by a bitter fallout

from Business News Today, Latest Finance News | The Hindu

Maharashtra, Karnataka account for 51% of FDI in India in FY25: Government

According to experts, the main reason for the maximum inflows in Maharashtra and Karnataka is substantial improvement in infrastructure

from Business News Today, Latest Finance News | The Hindu

Sunday, 8 June 2025

Gautam Adani draws total remuneration of ₹10.41 cr pay in FY25, lags behind peers

Gautam Adani, 62, drew salaries from two out of the nine listed companies in his ports-to-energy conglomerate, the latest annual reports of the listed entities of the group showed.

from Business News Today, Latest Finance News | The Hindu

What is India’s latest approach to localising EV manufacturing?

At the centre of the Scheme to Promote Manufacturing of Electric Passenger Cars in India is the provision to reduce customs duty on the import of ready-to-ship completely assembled electric four-wheelers to 15%

from Business News Today, Latest Finance News | The Hindu

Infosys gets huge relief on GST as DGGI closes ₹32,400-crore pre-show cause notice

The GST demand, in fact, exceeds Infosys’s annual profits — Infosys’s net profit for full FY25 stood at ₹26,713 crore — and its closure now is bound to come as a significant relief for the tech major

from Business News Today, Latest Finance News | The Hindu

HDFC Bank denies allegations against MD & CEO Jagdishan, says recalcitrant defaulters at work to thwart recovery

The Lilavati Hospital Trust has demanded suspension of Mr Jagdishan for his alleged “direct involvement in serious of financial fraud, criminal conspiracy, abuse of fiduciary position, evidence tampering, and obstruction of justice”

from Business News Today, Latest Finance News | The Hindu

Saturday, 7 June 2025

German firm Festo opens manufacturing plant in Hosur, invests ₹500 crore

The new plant in Hosur will focus on the production of advanced pneumatic automation components.

from Business News Today, Latest Finance News | The Hindu

India, U.S. trade talks extended as deadline looms for interim deal, sources say

A U.S. delegation led by senior officials from the USTR held two days of discussions in the national capital with trade officials headed by chief negotiator Rajesh Agrawal, the sources said.

from Business News Today, Latest Finance News | The Hindu

Akasa enters pact with AAHL, to have 50 departures daily from Navi Mumbai airport by next summer

Akasa will have 15 domestic departures from the airport initially, which will go up to 50 by the end of the winter schedule

from Business News Today, Latest Finance News | The Hindu

‘Steep rate cut to give a sense of certainty to all stakeholders’

The main objective behind slashing the repo rate by 50 bps at one go was to bring certainty in an environment of uncertainty, says RBI Governor

from Business News Today, Latest Finance News | The Hindu

Friday, 6 June 2025

Does escalating spat with Trump pose regulatory threat for Musk businesses?

SpaceX faces environmental regulations from the EPA, which oversees the company's wastewater discharges at its operating site in Texas

from Business News Today, Latest Finance News | The Hindu

Renaatus to invest in Andhra Pradesh to make fibre cement boards

This will cater mainly to the construction sector in the southern States and the export market

from Business News Today, Latest Finance News | The Hindu

Tesla shares plunges as Musk’s feud with Trump escalates over US tax bill

Tesla closed down more than 14% as a disagreement over the U.S. president's budget bill turned nasty

from Business News Today, Latest Finance News | The Hindu

Should India amend its nuclear energy laws?



from Business News Today, Latest Finance News | The Hindu

Thursday, 5 June 2025

Wednesday, 4 June 2025

New flight services between Vijayawada and Kurnool from July 2

Indigo will operate flights between Vijayawada and Kurnool every Monday, Wednesday, and Friday, with plans to expand daily services soon

from Business News Today, Latest Finance News | The Hindu

Canara Bank removes minimum balance penalty for savings accounts

Effective June 1, 2025, the move makes Canara Bank the first major public sector bank to implement a blanket waiver on minimum balance penalties for all SB account categories

from Business News Today, Latest Finance News | The Hindu

A ban, a split verdict, and a health concern

The erucic acid-reducing property of DMH-11 and the associated health and economic benefits need to be factored in while deciding on the approval of the GM mustard crop

from Business News Today, Latest Finance News | The Hindu

Tuesday, 3 June 2025

China says U.S. moves on computer chips and student visas ’seriously violate’ tariffs truce

China has blasted the U.S. for issuing AI chip export control guidelines, stopping the sale of chip design software to China, and planning to revoke Chinese student visas

from Business News Today, Latest Finance News | The Hindu

Infosys CEO among highest paid in Indian IT as compensation rose 22% to $9.4 million last fiscal

Infosys CEO Salil Parekh's compensation rose 21.7% to 806.2 million rupees ($9.44 million), the company said in its annual report on Monday

from Business News Today, Latest Finance News | The Hindu

Expect India-U.S. trade deal in not too distant future: U.S. Commerce Secretary

Howard Lutnick said in his keynote address at the eighth edition of the U.S.-India Strategic Partnership Forum (USISPF) in Washington on Sunday

from Business News Today, Latest Finance News | The Hindu

Monday, 2 June 2025

How do you de-risk from outliving your savings?

With life expectancy expected to cross 85 by end of this century, rising healthcare costs and inflation silently eroding the value of money year after year, retirement planning becomes crucial

from Business News Today, Latest Finance News | The Hindu

EY India Chairman Rajiv Memani takes over as CII President for FY26

Mr. Memani is also a member of the EY Global Executive Board, serving as the Chair of its Growth Markets Council.

from Business News Today, Latest Finance News | The Hindu

Sunday, 1 June 2025

Small tea growers seek regulation of leaf agents, weather-based crop insurance

The North East Confederation of Small Tea Growers’ Association has reached out to the Chairperson of the Parliamentary Standing Committee on Commerce

from Business News Today, Latest Finance News | The Hindu

Gross GST collections rise 16.4% to over ₹2.01 lakh crore in May

May 2025 sees GST collections rise to over ₹2.01 lakh crore, with varying growth rates across states

from Business News Today, Latest Finance News | The Hindu

How do military standoffs affect aviation? | Explained

What are the situations in which countries can close their airspace? Are only military planes banned? What happens to civilian flights? After Operation Sindoor, are Indian planes now being allowed in Pakistan and vice-versa?

from Business News Today, Latest Finance News | The Hindu

Why is the RBI changing gold loan rules? | Explained

What are the draft proposals? What has the Ministry of Finance clarified? What will be the impact on borrowers?

from Business News Today, Latest Finance News | The Hindu