U.S. tariffs likely to hit Indian tea exports, says Indian Tea Association
[ad_1] Image used for representational purpose only. | Photo Credit: Ritu Raj Konwar The United States’ 50% tariffs on imports from India have come into effect, and the Indian Tea Industry has said the move is likely to affect Indian tea exports to the U.S. According to the Indian Tea Association (ITA), the U.S. is a significant market for Indian
Nestlé shake-up: Who is Laurent Freixe? CEO dismissed over ‘undisclosed romantic relationship with subordinate’
[ad_1] File photo: Laurent Freixe Swiss food giant Nestlé has dismissed its chief executive Laurent Freixe with immediate effect after an internal investigation found he had an “undisclosed romantic relationship with a direct subordinate,” in violation of the company’s code of business conduct. The move was confirmed by the group on Monday, with chairman Paul Bulcke stating, “This was a
India’s power output rises at fastest pace in five months on industrial boost
[ad_1] Coal typically accounts for about three quarters of annual electricity generation. | Photo Credit: hxdyl India’s power generation in August rose at its fastest pace since March, data from the federal grid operator showed, as manufacturing activity accelerated due to strong demand. The 4% increase in electricity output last month helped boost coal-fired power generation for the first time
Delhi: Yamuna water enters houses as river crosses danger mark; evacuation begins
[ad_1] People make their way as the Yamuna River has risen and crossed the danger mark after incessant heavy rainfall, near Loha Pul (Old Iron Bridge), in New Delhi, Tuesday, Sep. 02, 2025 | Photo Credit: Salman Ali With the Yamuna crossing the danger mark on Tuesday, water began entering houses in parts of the Trans-Yamuna area of Delhi. The
Gold price prediction today: Gold rates hit new highs – where are they headed in near-term? Here’s the outlook
[ad_1] Gold price prediction: Buying the dips is the preferred strategy. A test of all-time high at $3500 (Rs 105,500) looks highly likely. (AI image) Gold price prediction today: Gold rates have been hitting life-time highs and analysts are of the view that hopes of Federal Reserve rate cuts are driving the rally. Praveen Singh, Senior Fundamental Research Analyst- Currencies
“India needs us, not Russia” Peter Navarro’s fresh attack on New Delhi after SCO Summit
[ad_1] White House trade advisor Peter Navarro | Photo Credit: REUTERS The White House trade adviser Peter Navarro has again attacked India, targeting Prime Minister Narendra Modi for meeting with Russian President Vladimir Putin and Chinese President Xi Jinping at the Shanghai Cooperation Organisation (SCO) summit in China on Monday. Speaking with reporters, Navarro lambasted PM Modi for what he
Top stocks to buy today: Stock market recommendations for September 2, 2025 – check list
[ad_1] Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Coforge, and BlueStar are the top stocks to buy today:Coforge – Buy in the range between Rs 1760 & Rs 1770; Stop Loss: Rs 1710; Target: Rs 1880Coforge has broken out of a flag pattern and
Nestle sacks CEO over ‘undisclosed romantic relationship’ in office
[ad_1] Nestle CEO Laurent Freixe (left) and Nestle chairman Paul Bulcke (right) attend a general shareholders meeting of Swiss food giant Nestle in Ecublens, near Lausanne, on April 16, 2025. | Photo Credit: AFP Swiss food giant Nestle on Monday (September 1, 2025) dismissed Laurent Freixe as chief executive with immediate effect over an “undisclosed romantic relationship with a direct
Brands make ‘swadeshi’ pitch, pick at US tariffs
[ad_1] MUMBAI/NEW DELHI: You have read about it in history books and several decades later, you are seeing it play out in the form of hashtags on social media and witty brand campaigns-call for swadeshi is back, thanks to Trump tariffs. Only this time, brands are leading the charge. From homegrown companies taking jibes at American rivals through ad campaigns
India-UK FTA: Pact to cut tariffs and strengthen business confidence; what British Parliament was told
[ad_1] The India-UK Free Trade Agreement (FTA) signed on July 24 by Prime Ministers Narendra Modi and Keir Starmer will cut trade tariffs from 15% to 3% and is expected to bolster business confidence in a volatile global environment, British MPs were told on Monday.UK Business and Trade Secretary Jonathan Reynolds briefed the House of Commons on the pre-ratification process
Bengaluru traffic woes impact! Infosys reschedules bus service for staff; commute time clashed with US calls
[ad_1] Infosys staff members continue their work duties from home, both online and offline, after leaving the office. Bengaluru’s persistent and infamous traffic woes seem to have forced Infosys, India’s second largest IT services firm, to reschedule its bus service timings for employees. Infosys has modified the evening bus departure times from its Electronic City facility in Bengaluru, having discovered
Trump claims India has ‘offered’ to cut tariffs to nothing, ‘but it’s getting late’
[ad_1] US President Donald Trump on Monday claimed that India has now “offered” to cut its tariffs to nothing, “but it’s getting late”, as he said that India buys most of its oil and military products from Russia and very little from the US. “What few people understand is that we do very little business with India, but they do
India, Russia have stood together shoulder-to-shoulder’ in challenging times: Modi
[ad_1] Prime Minister Narendra Modi and Russian President Vladimir Putin share a car together to the venue of their bilateral meeting, in Tianjinm on Monday | Photo Credit: ANI In the face of US objections over India’s purchase of Russian oil, Prime Minister Narendra Modi emphasised the two countries’ strong partnership, stressing the two have stood together “shoulder-to-shoulder” in the
Maruti Suzuki starts shipment of e Vitaras to 12 European countries
[ad_1] The ‘Made in India’ e Vitara will be exported to over 100 countries and also be sold in the domestic market. | Photo Credit: SAM PANTHAKY Maruti Suzuki India Ltd. said it has commenced exports of Suzuki’s first battery electric vehicle (BEV), the e Vitara, to Europe. More than 2,900 units were on Monday shipped from Pipavav Port in
Government extends PLI scheme deadline for textiles to September 2025 amid strong industry response
[ad_1] The government has extended the application deadline for the Production Linked Incentive (PLI) Scheme for Textiles till September 30, following overwhelming interest from the industry. Officials said the extension reflects the government’s commitment to supporting industry growth and aligns with the broader goal of making India a global hub for textile manufacturing. Image: Representational From ANI [ad_2] Source link
Delhi on Flood Alert: National capital issues flood warning, water level may cross danger mark at Old Railway Bridge
[ad_1] Delhi on Flood Alert: An official confirmed that the Delhi government’s Central Flood Control Room issued a flood warning after 3.29 lakh cusecs of water was released from Haryana’s Hathini Kund barrage at around 9 am on Monday. According to the official, it usually takes 48 to 50 hours for water from the upper barrages to reach the capital. Though there is no immediate
Prahlad Joshi accuses Cong of targeting majority community over Dharmasthala issue
[ad_1] Union Minister Prahlad Joshi | Photo Credit: BY ARRANGEMENT The Union Minister for Consumer Affairs, Food and Public Distribution and New and Renewable Energy, Prahlad Joshi, has alleged that the campaign against Dharmasthala temple is part of a Congress conspiracy targeting the majority community. Addressing the ‘Dharmasthala chalo’ rally organised by the BJP in Dharmasthala on Monday, he
UPI transactions break record; cross 20 billion mark in August: NPCI
[ad_1] The Unified Payments Interface (UPI) in August crossed 20 billion transactions, according to the National Payments Corporation of India (NPCI) data on Monday, September 1. This is the first time that the UPI transactions have achieved this number. In August, UPI transactions reached the 20.01 billion mark, registering a 2.8 per cent increase over July (19.47 billion). On the
500-plus small-scale detergent units in Gujarat seek reduction in GST
[ad_1] Over 500 small-scale detergent manufacturers in Gujarat have written to the Union government requesting it to lower the Goods and Services Tax (GST) imposed on the industry to 5 per cent from the present 18 per cent. “The government is currently working on rationalising GST and we have written to the Centre requesting the MSME units having a turnover of
India to roll out new online gaming rules soon: MeitY Secretary
[ad_1] Online gaming in India will soon be subject to new regulations, according to the Secretary of the Ministry of Electronics and Information Technology (MeitY), S Krishnan. Speaking to ANI on the sidelines of ICEA – Semiconductor Product Design Leadership Forum 2025, he said that it will not take much time for the notification to be issued. “As I had
India’s holdings of US Treasury bill down! Gold finds favour in forex reserves; still among top 20 T-bills investors
[ad_1] Data reveals a decline in India’s US T-bill investments in June compared to the previous year, whilst its gold reserves increased during this period. (AI image) US Treasury bills seem to be losing favour, with the Reserve Bank of India (RBI) stepping up gold holdings to increase India’s foreign exchange reserves. India’s central bank has shown a preference for
PM Modi highlights India’s vision for SCO: Security, Connectivity, Opportunity
[ad_1] Prime Minister Narendra Modi highlighted that India’s vision for Shanghai Cooperation Organisation (SCO) is guided by three pillars, namely Security, Connectivity and Opportunity. He brought to attention the importance of security, peace and stability towards the growth of countries, India’s connectivity endeavours for Afghanistan and Central Asia, and suggested the creation of a Civilisational Dialogue Forum to bring to
Weather News: IMD issues red alert for Punjab and Uttarakhand, Yamuna River crosses danger mark, Jammu & Kashmir’s Salal Dam gates opened due to heavy rains
[ad_1] Weather News: IMD issues red alert for Punjab and Uttarakhand, Yamuna River crosses danger mark, Jammu & Kashmir’s Salal Dam gates opened due to heavy rains In India, several parts of the country have been experiencing heavy rainfall for the last few days. According to the weather office, India Meteorological Department (IMD), heavy rains are likely to continue over
Despite 50-basis-pointcut in repo rate, banklending rates rose in July
[ad_1] MUMBAI: Banks reported an increase in their weighted average lending rates in July despite a 50-basis point reduction in the repo rate in June. Bankers said this was likely triggered by a rise in the share of high-yielding loans to MSMEs, which typically pick up after the first quarter before the festive season. According to RBI data, the weighted
Mind your reinvestment risk in government bonds
[ad_1] Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Many appear to be interested in buying government bonds. You can buy such bonds by placing bids through your brokerage account. The intention to invest in such bonds is not surprising, given that they are credit-risk-free. In this article, we discuss the factors you must consider when investing in