Business News

Business

Historic India-EFTA Trade Pact Kicks Off October 1: $100 Billion Investment and 1 Million Jobs on the Horizon

The India-EFTA Trade and Economic Partnership Agreement (TEPA) is set to commence on October 1, promising $100 billion in investments and the creation of 1 million jobs in India. T...

Business

EU Tightens Sanctions on Russian Oil: Implications for Reliance, Nayara, and India's Energy Strategy

The EU's latest sanctions on Russian oil pose challenges for Reliance and Nayara, potentially excluding them from EU markets. India opposes the sanctions, emphasizing energy securi...

Business

India and US Advance in Trade Talks: Fifth Round Concludes with Eyes on Interim Deal Before Trump's Tariff Deadline

India and the US have completed the fifth round of BTA negotiations, aiming for an interim deal before Trump's tariff deadline. Key discussions included agriculture, automobiles, a...

Business

RBI Poised for Rate Cut: ICICI Predicts 25 Basis Points Reduction Amid Weak Demand and Inflation Ease

The Reserve Bank of India may cut policy rates by 25 basis points, as ICICI Bank reports weak demand and easing inflation. August could see this adjustment, with inflation below pr...

Business

HDFC Bank Reports 12% Surge in Q1 Profit Amid Robust Income Growth and Announces Bonus Shares

HDFC Bank reports a 12.2% increase in Q1 net profit to Rs 18,155 crore, driven by strong income growth. The bank announces a 1:1 bonus issue and an interim dividend of Rs 19.50 per...

Business

ICICI Bank Surges with a 15% Jump in Q1 Net Profit, Eyes Expansion with Pension Subsidiary Acquisition

ICICI Bank reports a 15.4% rise in Q1 net profit to Rs 12,768 crore, driven by broad-based income growth. The bank also plans to acquire ICICI Prudential Pension Funds Management C...

Business

Reliance Industries Shatters Records with Rs 31,000 Crore Profit in Q1, Fueled by Asian Paints Exit

Reliance Industries reports a record Rs 30,681 crore profit in Q1, driven by the sale of its Asian Paints stake and strong performance across its O2C, Jio, and retail businesses, d...

Business

Economic Uncertainties Impact Jewelry Demand: Titan's CEO Highlights Stress in Rs 50k-1 Lakh Segment

Geopolitical and economic uncertainties are impacting consumer spending, with the jewelry sector experiencing demand fluctuations, especially in the Rs 50k-1 lakh segment. Titan's ...