Business News

Business

Rupee Gains Strength: A 16 Paise Rise Against Dollar Amid Crude Oil Dip and Dollar Weakness

The rupee rose by 16 paise to 85.76 against the US dollar, supported by a weaker dollar and lower crude oil prices, though trade negotiations and fund outflows limited gains. Domes...

Business

Urgent Aadhaar Update Required for Children Over 7: Avoid Deactivation and Service Disruptions

UIDAI mandates biometric updates for children's Aadhaar by age 7 to avoid deactivation. Updates are free till 7, with a small fee thereafter. Essential for accessing services like ...

Business

US Threatens Secondary Tariffs on Russian Oil Imports, Potentially Disrupting India's Energy Strategy

The US has threatened to impose secondary tariffs on countries importing Russian oil, potentially disrupting India's energy strategy. Indian refiners may need to pivot to more expe...

Business

Trump Reveals Progress on India-US Trade Deal Following Indonesia Agreement, Promises Enhanced Market Access

US President Donald Trump announces progress on a trade deal with India, following a similar agreement with Indonesia, aiming for reduced tariffs and improved market access. Indian...

Business

India's Unemployment Holds at 5.6% in June Amid Rising Youth and Urban Joblessness

India's unemployment rate stayed at 5.6% in June, with youth and urban joblessness rising. Rural female participation in agriculture declined, while labor force participation rates...

Business

India's Rising Role in Global Labor Markets: A Beacon of Hope Amidst Skill Gap Challenges

India is poised to become a key player in the global labor market, offering a solution to the worldwide demand for skilled workers. However, skill gaps and under-qualification with...

Business

ChrysCapital Secures 90% Stake in Theobroma for Rs 2,410 Crore, Marking a New Era in India's Cafe Sector

ChrysCapital acquires a 90% stake in Theobroma Foods for Rs 2,410 crore, signaling a revival in India's cafe sector. ICICI Venture exits after seven years, while the promoters reta...

Business

Surge in India-US Trade: Exports Jump 23% in June as Imports Dip, China Trade Also on the Rise

India's exports to the US surged by 23% in June, with a notable dip in imports, while trade with China also expanded. Electronics exports led the growth, showcasing India's potenti...