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Business

India's June Oil Imports from Russia Reach 11-Month Peak Amid Middle East Tensions

India's crude oil imports from Russia hit an 11-month high in June, as refiners increased purchases amidst Middle East tensions. Russia has become India's primary oil supplier, acc...

Business

Wyndham Hotels Sets Sights on India: Over 50 New Properties and Global Brands Expansion

Wyndham Hotels and Resorts is expanding its footprint in India with over 50 new properties and introducing more global brands, aiming to make India a top growth market. The company...

Business

Indian Markets Thrive as Foreign Investors Inject Rs 3,839 Crore in July, Outshining Global Peers

Foreign investors continue to favor Indian equities, injecting Rs 3,839 crore in July, contributing to a four-month buying spree. Despite global market jitters, India's stock marke...

Business

Mercedes-Benz India Announces Third Price Hike in September Amid Euro Fluctuations

Mercedes-Benz India announces a third price hike this year, with a 1-1.5% increase in September due to the rupee's depreciation against the euro. The company aims to balance the im...

Business

India's Trade Deficit Narrows to $20 Billion in June as Oil and Gold Imports Decline

India's merchandise trade deficit narrowed to $20.7 billion in June 2025, aided by lower oil and gold imports. Strategic sourcing shifts and global oil price drops contributed to t...

Business

This Week in the Stock Market: Earnings, Inflation, and Global Tensions to Watch

The stock market faced over 1% losses due to global tariff uncertainties and weak first-quarter earnings. Key factors like Q1 earnings, inflation data, and global tensions are expe...

Business

NLC India Forges Strategic Partnership with Russian Firm to Secure Lithium from African Mines for Clean Energy

NLC India is negotiating with a Russian firm to secure lithium from African mines, supporting India's clean energy goals. The company is diversifying into renewable energy and stra...

Business

Elon Musk's SpaceX Commits $2 Billion to xAI in Groundbreaking AI Investment Move

Elon Musk's SpaceX invests $2 billion in xAI, part of a $5 billion equity fundraise, aiming for a $200 billion valuation, marking a significant leap in AI and space technology coll...