Business

Prime Minister Narendra Modi with his Mauritian counterpart Navinchandra Ramgoolam during a bilateral meeting in Varanasi (Picture credit: PTI) India and Mauritius will soon begin trading in local currencies, Prime Minister Narendra Modi announced on Thursday, describing it as the next big step in strengthening financial and economic linkages between the two countries.Speaking alongside Mauritian…

The discussions will focus on India acquiring six P-8I naval patrol aircraft. (File photo) Amid signs of progress in India-US trade deal talks, a US team of defence officials and Boeing representatives is likely to visit India next week for talks on a multi-billion dollar deal for patrol aircraft.According to a Bloomberg report, officials from…

Urban Company’s Rs 1,900 crore initial public offering (IPO) has attracted robust demand, with overall subscriptions reaching 5.53 times (553%) by the second day of bidding on Thursday. According to ET, investor sentiment also reflected positively in the grey market, where the IPO traded at around 34% premium (Rs 35 GMP) over the upper price…

India’s merchandise trade deficit is likely to ease marginally in August 2025, supported by a rise in gold imports ahead of the festive and wedding season, according to a report by Union Bank of India.The report estimated the deficit at $26.1 billion in August, compared with $27.4 billion in July, noting, “Merchandise trade deficit likely…

India-US trade deal talks India-US trade deal: Commerce Minister Piyush Goyal on Thursday exhibited confidence that India and the US will be able finalise the first tranche of a trade deal by November this year.During a press briefing in Patna, Piyush Goyal said, “In February 2025, Prime Minister Narendra Modi and President Trump together instructed…

BKJ Airports, one of India’s fastest-growing ground handling companies, has taken a significant step toward sustainable aviation with a landmark order for a new-generation green ground support fleet. Partnering with global GSE leaders TLD and ASARA, BKJ Airports will be among the first in the country to introduce a large-scale deployment of electric ground support…

Rajesh Agarwal, the chief trade negotiator, will travel to Washington for continued discussions with American officials. (AI image) Amidst signs of thaw in the India-US trade deal issues, government officials are likely to travel to America next week. The recent social media post exchanges between Prime Minister Narendra Modi and US President Donald Trump indicate…

MUMBAI: At 60, when few people gather the courage to try something new, Steve Waugh is undertaking an entrepreneurial stint in India.The former Australian captain who enthralled fans with his gritty batting is launching Australia Essence, a business venture he co-founded, here to tap into the country’s booming retail market where consumers are increasingly seeking…

Representative image (Picture credit: AP) Amul has clarified that there will be no change in the price of packaged pouch milk after September 22, even as GST 2.0 reforms come into effect. The dairy major said pouch milk has always attracted zero per cent GST and hence remains unaffected by the recent tax changes.Responding to…

Larry Ellison has become the world’s richest person for the first time, ending Elon Musk‘s nearly year-long reign in the top spot. Ellison’s fortune soared $101 billion early in New York after Oracle reported quarterly results that surpassed expectations and said there’s more growth to come.The increase lifted his total fortune to $393 billion, ahead…