Business News

Business

India's Core Sector Growth Shows Resilience in January Amid Varied Sector Performances

India's core sector growth remained steady in January with a 4.6% increase, supported by strong performances in cement and refinery products, despite a slight ease from December's ...

Business

US Polo Assn Eyes India as Top Market Amid Rising Casual Wear Trend

US Polo Assn is focusing on India as a key market, driven by the casual wear trend among the youth. With 20% of global sales coming from India, the brand is expanding into new cate...

Business

US Court Finds Byju's Guilty of Defrauding Lenders in a $533 Million Scandal

A US bankruptcy court has found Byju’s parent company and its associates guilty of defrauding lenders in a $533 million scandal. The case highlights breaches of fiduciary duties an...

Business

Tesla Accelerates into India: First Showroom Set to Open in Mumbai's Prestigious BKC

Tesla is making a significant entry into the Indian market by opening its first showroom in Mumbai's BKC, signaling a strategic move to tap into the growing demand for electric veh...

Business

India's Forex Reserves Surge by $5 Billion, Reaching a Staggering $641 Billion

India's forex reserves increased by $4.8 billion to $640.5 billion in the week ending February 21, recovering from a previous week's drop. This follows a period of decline due to r...

Business

EPFO Board Recommends Maintaining 8.25% Interest Rate for Current Financial Year

The EPFO board recommends maintaining an 8.25% interest rate for the current financial year, highlighting EPF as a preferred investment due to its higher, stable returns and tax-fr...

Business

Julius Baer Appoints Former HSBC CEO Noel Quinn as New Chairman

Julius Baer Group Ltd. announces Noel Quinn, former HSBC CEO, as its new non-executive chairman starting May 1, following Romeo Lacher's decision not to seek reelection. Richard Ca...

Business

TVS Indeon Boosts Production: A Leap Towards Sustainable E-Mobility Solutions

TVS Indeon, a Lucas TVS subsidiary, has expanded its battery pack production facility near Gummidipoondi, aiming to double daily output and meet the growing demand for lithium-ion ...