Ikea looking at India to boost global play
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Rasna buys Jumpin, expands into 'ready to drink' category
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India sees growth in mid-market GCCs
India sees growth in mid-market global capability centres. Over 140 new GCCs emerged in the last 30 months. These centres plan to create 70,000 jobs. Many mid-sized global firms are setting up these GCCs. Bengaluru, Hyderabad, and Pune are popular locations. Experts predict over 120 new mid-market GCCs by 2026. These centres are expanding beyond just technology. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/20G1DqO >
Tata Steel plans major multi-crore 'cost takeouts' across global units, says CFO
Tata Steel is set to aggressively reduce costs by Rs 11,500 crore globally over the next 12–18 months, building on previous savings. The company aims for significant cost reductions in India, the UK, and the Netherlands through operational improvements and restructuring. Capital expenditure is allocated, with a focus on Indian operations, while net debt has decreased. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/G9Inm10 >
India clamps down on Bangladesh imports as Dhaka tilts towards China: GTRI
India has imposed import restrictions on goods from Bangladesh via land ports, potentially disrupting $770 million in trade. Garments, a major export, will now be routed through select seaports. This move follows accusations of unfair trade advantages for Bangladesh and simmering diplomatic tensions, including concerns over Bangladesh's growing ties with China and restrictions on Indian exports. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/cYBh1gQ >
Forced to destroy! US rejects 15 mango shipments from India, exporters estimate losses of $500,000
US authorities have rejected fifteen mango shipments from India at various airports due to documentation irregularities concerning mandatory irradiation treatment. Exporters face approximately $500,000 in losses as they were compelled to dispose of the fruit locally due to high re-exportation costs. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/XG57IrP >
Gold price prediction: Will gold prices drop to Rs 88,000 per 10 grams? Experts see downside, here’s what investors should do
Gold prices are under pressure, having fallen 7% from their April high, testing a crucial support level. Analysts suggest further declines are possible if key support levels break, influenced by reduced expectations for US rate cuts and diminished trade war concerns. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/0TjbU2E >
Genesis Advtg & Puretech Digital merge
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Rupee closes 3 paise lower at 85.57 amid weak equities
The Indian rupee weakened slightly to 85.57 against the US dollar due to negative equity market sentiment, rising crude oil prices, and a widening trade deficit, despite strong foreign capital inflows. India's trade deficit widened to a five-month high in April, with imports surging. However, foreign exchange reserves rose, driven by a jump in gold assets. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2eZYcA1 >
Goods exports up 9%, trade deficit widens
India's exports saw a boost of 9.1% in April, reaching $38.5 billion. However, the trade deficit increased to $26.4 billion. Imports also rose significantly, up 19% to $64.9 billion. The US became a major destination for exports. China remained the top source of imports. Petroleum and electronics imports also contributed to the increased import numbers. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/5REzdJB >
Tata Power to bid for UP discoms in core business push
Tata Power will bid for Dakshinanchal Vidyut Vitran Nigam and Purvanchal Vidyut Vitran Nigam in Uttar Pradesh. The company aims to expand its transmission and distribution business. Tata Power currently serves 12.5 million customers and wants to reach 40 million in five years. The company is also awaiting legal clarity on small modular nuclear reactors. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3KTIZFb >
Days before fresh trade talks, India initiates WTO action on US steel duties
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'Stop using such sites': EaseMyTrip's Nishant Pitti calls for boycotting 'Chinese products endorsements' over support to Pakistan
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Piyush Goyal to lead delegation to US for key trade talks from May 17
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Some versions of Apple's iOS vulnerable: CERT-In
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US & China agree to cut tariffs for 90 days in bid to defuse trade war
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Sensex soars 2,975 points, largest single-day gain
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In a 1st for quarter, banks net Rs 1 lakh crore profit
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PNB, L&T & more: Top stocks on brokers' radar for May 12
Nomura remains positive on CG Power despite margin concerns in its railway business, while Citigroup is bearish on PNB due to profitability and asset quality issues. Citi is optimistic about HPCL, revising EBITDA estimates upwards. Motilal Oswal upgraded Aurobindo Pharma, citing diversification and growth potential. Elara Securities suggests accumulating Larsen & Toubro, highlighting international projects and new ventures. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/IV5nury >
‘Robust economic foundation’: CII sees Indian economy growing at 6.5% in FY26 despite global headwinds
India's GDP is projected to grow at 6.5% this fiscal year, demonstrating resilience against geopolitical disruptions. CII President Sanjiv Puri emphasizes strategic bilateral trade agreements to counter rising global protectionism. Focus on internal economic drivers like agriculture and domestic competitiveness is crucial, with expectations of further interest rate easing and a rise in rural consumption. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/znshkeU >