Category: Business News & Economy

Birla Estates has secured redevelopment rights for a 3.06-acre housing society in Vashi, marking its entry into Navi Mumbai’s redevelopment market. The premium and luxury residential project has an estimated revenue potential of about ₹2,600 crore.

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Petronet LNG of India faces challenges in securing a reliable Qatari natural gas supply for September due to Qatar’s force majeure announcement, affecting 56 cargoes. To compensate, Indian firms are diversifying their LNG imports from Oman, the US, Nigeria, and Angola. Existing contracts indicate that any late Qatari deliveries could be postponed until April 2028….

The Indian rupee depreciated 12 paise to 95.45 against the US dollar on Thursday, weighed by weak domestic markets and persistent foreign fund outflows amid lingering geopolitical risks. Local shares cut early losses to end mixed. Investors heaved a sigh of relief as cooling U.S. inflation prompted bets the Federal Reserve would leave its policy…

Barkin flags sticky inflation at 3.7% PCE but declines to tip September rate path

LG India reported strong June quarter results with revenue up fifteen point five percent. Bigger television screens and premium appliances are driving current sales momentum. The company expects continued growth from larger screens and new product launches. Festive season demand and exports will further support the fiscal year twenty twenty-seven outlook. LG India retains its…

Gold imports rose slightly in July, while silver imports significantly declined. This trend followed a sharp increase in the customs duty on precious metals. Switzerland remained the primary source for India’s gold imports during this period. Cumulatively, gold imports grew substantially, but silver imports saw a decrease. These import figures impact India’s overall current account…

Annapurna scheme: West Bengal CM Suvendu Adhikari said women earning more than ₹10,000 a month or belonging to families with an annual income of above ₹12 lakh would not be eligible for the scheme.

Tata Motors Passenger Vehicles will maintain its growth strategy and capex plans. The company’s Managing Director confirmed no changes despite leadership transitions. Future plans include a 20 percent domestic market share by FY31. This involves nearly doubling annual volumes and launching new models. Production capacity will also increase significantly within a few years.

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