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Marine growth: India must scale up mariculture to 25 lakh tonnes by 2047; says CMFRI Director

India needs to boost mariculture production to 25 lakh tonnes by 2047 from the current 1.5 lakh tonnes to meet the country’s rapidly growing seafood demand, CMFRI Director Grinson George said on Saturday.Speaking at the launch of a training programme for fish farmers under the central government’s Pradhan Mantri Dhan Dhanya Krishi Yojana (PMDDKY), George…

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RBI leadership: Sonali Sen Gupta appointed new Executive Director; to oversee consumer, financial inclusion and inspection departments

The Reserve Bank of India (RBI) has appointed Sonali Sen Gupta as its new Executive Director (ED), effective October 9, 2025, the central bank said in an official release. Sen Gupta was earlier the Regional Director for Karnataka at the RBI’s Bengaluru office, according to ANI. With over three decades of experience at the central…

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D-Mart Q2 results: Profit rises 3.8% to Rs 685 crore, revenue climbs 15% amid store expansion

Avenue Supermarts Ltd, the company behind retail chain D-Mart, reported a 3.85 per cent rise in consolidated net profit at Rs 684.85 crore for the second quarter ended September 2025, up from Rs 659.44 crore a year ago, according to a regulatory filing, PTI reported.Revenue from operations climbed 15.45 per cent to Rs 16,676.30 crore…

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Blockbuster IPO week: Domestic investors bet big on India’s growth; Tata Capital, LG Electronics witness massive oversubscription

India’s stock markets are witnessing a wave of blockbuster IPOs, showing that domestic investors remain confident in the country’s growth story, even as the Nifty and Sensex have delivered no returns over the past 13 months.Experts say this year’s record inflow of funds into IPOs reflects strong trust in India’s economic potential.Ajay Bagga, Banking and…

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Ford Chennai plant plans in flux: US tariffs prompt strategic rethink; investment shift eyes Europe

US auto major Ford is revisiting its strategy for the Maraimalai Nagar plant near Chennai, with top executives expected to hold a meeting to decide the facility’s future, people familiar with the matter told ET. “The Trump tariffs have made the company reassess the financials underlying the original plan,” one source said. The company could…

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Lower drug prices for Americans! Trump seals deal with AstraZeneca; some medicines at discounts of up to 80%

US President Donald Trump on Friday announced reaching a deal with AstraZeneca, which would lower the cost of some prescription drugs for millions of Americans.The agreement will see the company sell certain medicines at reduced prices to the government’s Medicaid health plan in exchange for tariff relief. This follows a similar arrangement made with Pfizer…

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$6 billion wiped out in 1 hour! Trump to impose 130% tariff on China; triggers crypto market sell off

Cryptocurrency markets tumbled on Friday as renewed trade tensions between the US and China, alongside a fresh export control move by Donald Trump, rattled investors worldwide.After the announcement crypto giant Bitcoin fell 8.4% to $104,782 at 17:20 ET and Ethereum followed, tumbling 5.8% to $3,637. Earlier on Monday, Bitcoin, the world’s largest crypto, recorded its…

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‘Hostile order’: Donald Trump rekindles trade war — Why has US threatened to impose additional 100% tariff on China?

US President Donald Trump has thrown another punch in Washington’s long-running economic bout with Beijing, threatening to slap fresh 100% tariffs and export bans in response to China’s tightening grip on rare earth minerals. The uneasy truce between the world’s two biggest economies came after months of uneasy calm, sending shockwaves through global markets and…

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