Business News

Business

Volvo India Adjusts Strategy: Keeps ICE Models Alongside EVs Amid Slow Market Uptake

Volvo Cars India revises its strategy to continue selling both electric and ICE vehicles, citing slow EV market growth and regional differences in adoption. The company plans to in...

Business

India Defies Trump's Claims, Continues Russian Oil Imports for National Interest and Global Stability

India continues to import oil from Russia, prioritizing national interest and global energy stability, despite US tariffs and Donald Trump's claims. The decision reflects India's s...

Business

July GST Collections Show 7.5% Growth, Yet Lag Behind Previous Year's Performance

GST collections in July rose by 7.5% to Rs 1,95,735 crore, showing signs of recovery but at a slower pace than last year. Domestic and import collections varied, with refunds signi...

Business

ITC Reports a 3% Profit Growth in Q2, Reaching Rs 5,343 Crore Amid Diversified Success

ITC reports a 3% rise in consolidated profit to Rs 5,343 crore for the June quarter, with revenue from operations reaching Rs 23,129 crore, showcasing its diversified business stre...

Business

Sebi's New Strategy Against Financial Fraud: A Closer Look at Regulatory Reforms

Sebi chairman Tuhin Kanta Pandey discusses the regulator's multi-faceted approach to combat financial frauds, emphasizing the need for genuine compliance and investor empowerment t...

Business

Record-Breaking UPI Payments in July: A 35% Surge to Rs 25.1 Lakh Crore

July 2025 set a new benchmark for UPI payments with 1,947 crore transactions worth Rs 25.1 lakh crore, showcasing a 35% year-on-year growth in volume and a 22% increase in value, h...

Business

Government Aims to Finalize IDBI Bank Stake Sale by FY26 End, Says Dipam Secretary

The Indian government is moving forward with the sale of its stake in IDBI Bank, aiming to shortlist a final bidder by the end of the financial year. The sale involves a 60.7% stak...

Business

Donald Trump Praises India's Alleged Halt on Russian Oil Imports as a 'Good Step'

US President Donald Trump reacts to reports of India halting Russian oil imports, calling it a 'good step'. India clarifies its energy purchases are market-driven, amidst Trump's t...