The major reason for the rupee depreciation is India’s imports are significantly higher than its exports. Exports (from the goods side) have also been hit by Trump-era tariffs. Second, India is the largest importer of goods from China. Almost every…
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ICICI Bank has received a GST order demanding Rs 237.9 Crore including tax of Rs 216.2,7 Crore and penalty of Rs 21.62 Crore on services provided by the Bank to customers maintaining specified minimum balances in their accounts.
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Reliance Consumer Products Limited has acquired a majority stake in Udhaiyams Agro Foods Private Limited. This move brings the Tamil Nadu staples and nutrition brand Udhaiyam into Reliance’s portfolio. Reliance will hold a controlling stake in the joint venture. Udhaiyams’…
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The competition watchdog takes cognisance of complaints after mass cancellations and a sharp rise in airfares over the past month amid FDTL compliance issues.
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Novartis is significantly expanding its biomedical research and drug development operations in India, positioning it as a key global hub outside Switzerland. With over 9,000 employees, Indian teams now contribute to nearly every Novartis molecule in late-stage development, driving high-value,…
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Prime Minister Narendra Modi hailed the India-Oman Comprehensive Economic Partnership Agreement (CEPA) as a “blueprint of our shared future” that will shape bilateral ties for decades. Addressing the India-Oman Business Summit, he emphasized the historical maritime links and invited startups…
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