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India’s auto sector posted a blockbuster quarter in Q3 2025, with 30 deals worth $4.6 billion, its highest in over a year, according to a report. The surge was largely powered by Tata Motors’ $3.8 billion acquisition of Italian commercial vehicle maker Iveco SPA, one of the biggest outbound deals by any Indian auto company.Upon…
MUMBAI: Global aerospace giants are boosting their sourcing from India, accelerating growth in the country’s emerging aircraft component sector. Local companies are expanding capacities, moving beyond basic manufacturing to higher-value work, and scouting for acquisitions, with revenue numbers soaring due to robust orders.The sector is also gearing up to launch about Rs 5,700 crore of…
The indices recorded nearly 4% decline in the three months after Muhurat trading, whilst showing slight positive movement in both one- and six-month durations. (AI image) Muhurat trading 2025: How have Indian equity benchmark indices, Nifty50 and BSE Sensex, performed since last Muhurat trading? Nifty50 is up around 6.7% from last Diwali.The leading market indicators,…
India’s information technology (IT) services sector is showing tentative signs of demand stabilisation, even as visibility into calendar year 2026 remains uncertain, according to a report by Goldman Sachs.The report highlighted that major IT firms reported sequential revenue growth in the latest quarter, with the sector expanding 1.5 per cent quarter-on-quarter. “While there are early…
NEW DELHI: While alcoholic liquor for human consumption remains outside the ambit of GST, recent reforms in this taxation have benefitted the industry indirectly. Campari Group (India) MD Shivam Misra has told TOI that several upstream and allied services in the value chain now carry clarified and, in many cases, concessional, rates. “For route-to-market, this…
Industry leaders indicated that China’s restrictions will impact the import of components. (AI image) India’s manufacturing sector, which saw a booster shot when the government announced sweeping GST rate cuts, now faces an operational crisis with China’s latest rare earth export curbs.China’s export restrictions, now including light rare earth magnet components, are expected to deepen…
NEW DELHI: The government’s in-principle go ahead to setting up of an apex federal agency for planning and monitoring of all modes of surface transport, railways, shipping, civil aviation and mass transit at national level, and logistics sector is set to bring a paradigm shift in the country’s infrastructure planning and accelerated development. The new…
The ministry of cooperation has joined hands with the Indian Rice Exporters Federation (IREF) for what is set to be the largest rice event, Bharat International Rice Conference (BIRC) 2025, in a bid to strengthen the country’s rice sector. Alongside the conference, three major initiatives will be launched: a Coffee Table Book on Indian Rice,…
Shares of luxury giant LVMH had their best day in over two decades on Wednesday, soaring as much as 14% after reporting stronger-than-expected quarterly sales that signalled a possible revival in Chinese demand. The rally added nearly $80 billion to the combined market value of European luxury stocks, according to Reuters report.The world’s largest luxury…
India, the world’s largest importer of cooking oil, needs a predictable and transparent multi-year tariff framework for edible oils to end a decade of policy volatility that has distorted prices and discouraged investment, a new study has found.The research titled “Tariff Volatility and Stakeholder Dynamics in India’s Edible Oil Sector” — jointly conducted by the…
