Mercedes-Benz India is considering a price hike early next year to counter the rupee’s depreciation against the euro, despite having already increased prices by 3.5-4% this year. MD and CEO Santosh Iyer indicated that further price adjustments are likely as…
Read More
Following the resignation of independent director Anil Kumar Chaudhary, who cited corporate governance concerns, KRBL Ltd’s board has initiated an independent review. Chaudhary’s resignation highlighted issues such as inconsistencies in meeting minutes and misuse of CSR funds. The company will…
Read More
The unemployment rate (UR) among males of age 15 years and above in India has declined to 5 per cent in August 2025, the lowest level observed since April 2025, according to figures released by the National Statistics Office on…
Read More
India’s merchandise trade deficit decreased in August. It reached $26.49 billion, a slight improvement from July’s $27.35 billion. However, this figure exceeded economists’ predictions. Exports slowed after the United States increased tariffs on Indian goods. Total exports fell to $35.10…
Read More
Nayara Energy, an Indian refiner backed by Russia, requires government assistance. The company needs equipment and materials for maintenance. European Union sanctions are creating procurement challenges. Nayara has approached the Centre for High Technology for help. A refinery shutdown is…
Read More
India’s exports experienced a notable surge of 6.7 percent, reaching USD 35.1 billion in August, while imports witnessed a decline of 10.12 percent, totaling USD 61.59 billion. This resulted in a reduced trade deficit of USD 26.49 billion compared to…
Read More