Reliance buys majority stake in Naturedge
[ad_1] MUMBAI: Reliance Consumer Products (RCPL) bought a majority stake in a joint venture with Naturedge Beverages, marking its foray into the healthy functional beverages space. Naturedge Beverages is from the house of the 108year-old Baidyanath Group, which has a legacy of making Ayurvedic products.The acquisition comes at a time when there is a shift among consumers towards healthier choices,
Trump–Zelenskyy meeting highlights: Security guarantees, European praise, push for Putin talks
[ad_1] U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskiy meet at the Oval Office of the White House, amid negotiations to end the Russian war in Ukraine, in Washington, D.C., U.S., August 18, 2025. | Photo Credit: REUTERS/Kevin Lamarque During their second meeting in the Oval Office this year, President Donald Trump said the U.S. would be willing to
E-com majors ramp up hiring for fest season
[ad_1] BENGALURU: E-commerce majors Amazon India and Flipkart are expanding their workforce by about 1.5 lakh temporary staff each to handle the surge in orders expected during the upcoming festive season, people aware of the matter said.Amazon on Monday announced that it has created more than 1.5 lakh seasonal job opportunities across its fulfilment centres, sortation hubs and last-mile delivery
California passes bill to give insurance interest to homeowners
[ad_1] An aerial view of properties cleared of wildfire debris which burned in the Eaton Fire on July 03, 2025 in Altadena, California. Mario Tama | Getty Images News | Getty Images The California state legislature passed a bill Monday that ensures homeowners, not lenders, receive at least some of the interest on insurance payouts for homes destroyed or damaged
Required reforms: On reforms to the GST system
[ad_1] The central government’s proposals to reform the Goods and Services Tax (GST) system are bold and timely. They stand to benefit the middle class and the business community, as the government claims. Shifting 99% of the items in the 12% slab to a 5% tax rate, and 90% of the items in the 28% slab to 18% will substantially
IDFC First Bank to give choice of Rupay, Mastercard in Indigo co-branded card
[ad_1] MUMBAI: IndiGo and IDFC FIRST Bank have launched a co-branded credit card that will be available on both Mastercard and RuPay networks, offering customers wider acceptance and flexibility, including the ability to make UPI payments through RuPay.The IndiGo IDFC FIRST Credit Card is aimed at frequent travelers and comes with accelerated rewards on IndiGo bookings and milestone spending. Cardholders
PM chairs first meeting of task force to deliberate upon next generation reforms
[ad_1] Prime Minister Narendra Modi with Defence Minister Rajnath Singh, Union Home Minister Amit Shah, Union Ministers Nitin Gadkari, Shivraj Singh Chouhan and others during a meeting to discuss the roadmap for next-generation reforms in New Delhi. (@narendramodi on X via PTI Photo) Taking forward the announcement made from the ramparts of the Red Fort, Prime Minister Narendra Modi on
AP govt to set up SPV for Greenfield airport at Amaravati, other key projects
[ad_1] Chief Minister Chandrababu Naidu Andhra Pradesh government will be setting up a Special Purpose Vehicle (SPV) for various key projects in the capital city of Amaravati. A proposal in the regard was approved in the 51st meeting of the AP Capital Region Development Authority (CRDA) chaired by Chief Minister N Chandrababu Naidu in Amaravati on Monday. The SPV would take up
PM Modi to address military top brass at Combined Commanders’ Conference in Kolkata
[ad_1] The PM will speak on the second day of the conference to give his insight into national security challenges In a significant post-Operation Sindoor development, Prime Minister Narendra Modi will be addressing the nation’s top military leadership during the Combined Commanders’ Conference, scheduled to be held in Kolkata in the second half of September. The event will bring together
Novo Nordisk offers diabetes drug Ozempic for steep cash discount
[ad_1] A box of Ozempic made by Novo Nordisk, at a pharmacy in London on March 8, 2024. Hollie Adams | Reuters Novo Nordisk on Monday said it now offers cash-paying U.S. patients its blockbuster diabetes treatment Ozempic for less than half its monthly list price, as drugmakers face mounting political pressure to lower prices in the country. Patients can
Amazon India adds 150,000 workers for festive season rush
[ad_1] Among the new hires, Amazon has recruited thousands of women associates and over 2,000 persons with disabilities across its network, said the company. | Photo Credit: Dado Ruvic Ahead of the festive season, e-commerce player Amazon India has created more than 150,000 seasonal work opportunities across its network to prepare for the season. The positions span fulfillment centers, sort
Policy changes make India a global Pharma powerhouse says Hikal Vice Chairman and Managing Director Hiremath
[ad_1] Sameer Hiremath, Vice Chairman and Managing Director of Hikal Limited “With the implementation of new policy frameworks, India’s pharmaceutical contract manufacturing industry is emerging as a key player on the global stage,” said Sameer Hiremath, Vice Chairman and Managing Director, Hikal Ltd. Hikal Ltd. caters to pharmaceuticals, life sciences, biotechnology, agrochemicals, and specialty chemicals companies to deliver active ingredients,
Yieldstreet real estate bets leave customers with massive losses
[ad_1] Yieldstreet customer Justin Klish, who said he faces $400,000 in losses from investing on the platform. Courtesy: Justin Klish When Justin Klish stumbled upon an ad for Yieldstreet in February 2022, he said, it was the company’s tagline that stuck in his head. “Invest like the 1%,” the startup said. The ad spoke to his desire to build wealth
AU$90 million penalty: Qantas Airways fined for illegal sackings during Covid pandemic; judge questions lack of remorse
[ad_1] A judge in Australia fined Qantas Airways 90 million Australian dollars ($59 million) for unlawfully dismissing more than 1,800 ground staff during the early stages of the Covid-19 pandemic. The penalty is in addition to the AU$120 million ($78 million) compensation the airline had already agreed to pay dismissed employees.Justice Michael Lee of the Australian Federal Court ruled that
EV makers counter magnet shortage in festive season production with local sourcing, new technologies
[ad_1] The EV makers have not yet informed the government about volume of stocks of rare earth magnets currently available with them. | Photo Credit: Doug Kanter Electric vehicle (EV) manufacturers are sourcing locally available resized magnets or managing supplies from countries like South Korea after China imposed export restrictions so that there is no interruption on production ahead of
When popularity is not really good
[ad_1] Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto As investors, we typically want to earn above-average returns. That, perhaps, explains why most of us invest in active funds — funds mandated to beat the benchmark index (generate alpha). But choosing an active fund is not the same as choosing a consumer product. We cannot simply choose a
Paint sector slowdown: Early monsoon and price wars hit June quarter earnings, companies eye festive revival
[ad_1] The June quarter turned out to be a muted one for India’s leading paint makers, as the early arrival of the monsoon and aggressive pricing by new entrants ate into their growth. Asian Paints, Berger Paints, Kansai Nerolac Paints and Akzo Nobel India all reported subdued numbers, though sequential improvement was visible in urban markets and realisations improved due
New GST regime will be consumer-centric, says Centre
[ad_1] Representative image | Photo Credit: Getty Images/iStockphoto The new GST regime previewed by Prime Minister Narendra Modi in his Independence Day address would be consumer-centric, with particular emphasis on the poor, the MSMEs, the middle class and the farmers, senior government sources said on Sunday (August 17, 2025). The new two-tier Goods and Services Tax (GST) structure of 18%
CP Radhakrishnan is NDA’s candidate for Vice President
[ad_1] Maharashtra Governor C.P. Radhakrishnan at a gathering, in Mumbai. Radhakrishnan was on Sunday, Aug. 17, 2025, announced as the vice presidential candidate of the National Democratic Alliance (NDA) | Photo Credit: KUNAL PATIL The ruling NDA on Sunday decided to field Maharashtra governor Chandrapuram Ponnusamy Radhakrishnan as its candidate for the Vice President’s election slated for September 9 following
US tariffs impact on jobs: Nearly 3 lakh workers at risk in textiles and gems? Here’s what experts say
[ad_1] The steep tariffs imposed on Indian exports to the US have triggered sharp debate among staffing specialists, with some flagging the risk of immediate job losses and others suggesting that India’s domestic demand and trade diversification could soften the blow.“The recent imposition of additional US tariffs is expected to have a direct and substantial impact on India’s employment landscape.
Steel safeguard duty: DGTR backs 3-year levy on flat steel imports, industry groups divided
[ad_1] The commerce ministry’s investigation arm has recommended a three-year safeguard duty on imports of certain flat steel products, citing a sudden surge in shipments that threatened serious injury to domestic producers, PTI reported.In its final findings, the Directorate General of Trade Remedies (DGTR) said it observed “a recent, sudden, sharp and significant increase in imports of the product under
Lodha Foundation unveils privately funded Mathematical Sciences Institute in Mumbai
[ad_1] Lodha Mathematical Sciences Institute (LMSI) was on Sunday (August 17, 2025) established in Mumbai to provide a collaborative and meritocratic environment for mathematics researchers from across the globe. Called “the first ever privately funded mathematics research institute in the country, LMSI is backed by Lodha Foundation, which received about Rs 20,000 crore endowment from the Lodha family last year.” “It’s
Private investment happening, but Trump effect and increased discipline is creating a ‘stop-start’ effect: ex-FICCI president
[ad_1] Private investment is taking place in the country, but is concentrated in a few sectors and has been exhibiting a “stop-start” effect since the COVID-19 pandemic, according to Subhrakant Panda, Managing Director of Indian Metals & Ferro Alloys Limited and former President of the Federation of Indian Chambers of Commerce & Industry (FICCI). While some of the reasons behind
IMD issues warning for heavy rainfall in several parts of Odisha
[ad_1] The India Meteorological Department (IMD) on Sunday issued a warning for heavy rainfall across various parts of Odisha over the next few days due to the formation of a low-pressure area in the Bay of Bengal. The low-pressure area formed over the Bay of Bengal off northern Andhra Pradesh and southern Odisha coasts at 8.30 a.m. on Sunday. “Under
Planning to make India a global steel hub; new export markets tapped: HD Kumaraswamy
[ad_1] India’s steel sector is navigating global headwinds with resilience and purpose, said Union Minister for Steel, HD Kumaraswamy. The plan now is to position the country as a global steel hub, with a focus on sustainable green-steel making. Following continued oversupply and weak export market sentiments, India swiftly imposed safeguard duties and followed up with strict quality control measures