Business News

Business

Market Optimism Rises as Trump-Putin Summit Concludes Without Negative Impact on India

Investors are optimistic as the Trump-Putin meeting concludes without negative impacts on India, and PM Modi pledges GST reforms. However, postponed US trade talks and foreign fund...

Business

Exclusive: GTRI Exposes Massive Fraud in Duty-Free Import Scheme Affecting Key Sectors

GTRI reports significant misuse of the DFIA scheme, with traders exploiting it to import high-levy goods duty-free under false manufacturing claims, prompting government scrutiny.

Business

India Imposes 12% Safeguard Duty on Steel Imports to Protect Domestic Industry

India has introduced a 12% safeguard duty on steel imports to counter the surge from China and protect domestic profits, despite opposition from over 250 stakeholders including maj...

Business

Why Jefferies' Top Analyst Urges Investors to Buy India Amid Global Trade Tensions

Christopher Wood of Jefferies advises investors to buy Indian equities despite US tariff threats, highlighting India's resilience and the potential for a market rebound. He also no...

Business

Early Monsoon and Fierce Price Battles Plunge Paint Sector into Slowdown, Hopes Pinned on Festive Season Revival

India's paint sector faces a slowdown due to early monsoon and price wars, with major companies reporting subdued June quarter earnings. Hopes are now set on the festive season for...

Business

How Banks Are Strategizing to Mitigate the Impact of Trump's 50% Tariff on Indian Exports

Indian commercial banks are implementing measures like interest concessions and flexible repayment to mitigate the impact of Trump's 50% tariff on exports to the US. Efforts includ...

Business

Gold Prices Set for Consolidation: Traders Await Fed Signals and Global Economic Data

Gold prices are expected to consolidate as traders focus on upcoming global economic data, central bank signals, and geopolitical developments. Key events include US housing data, ...

Business

Massive FPI Selloff in India: Over Rs 21,000 Crore Withdrawn Amid US Tariffs and Economic Uncertainties

Foreign portfolio investors withdrew Rs 21,000 crore from Indian markets in early August 2025, citing US-India trade disputes, weak Q1 earnings, and rupee depreciation. Total FPI o...