Business

MUMBAI: Electric vehicle (EV) sales in India rose 28.6% to 1,80,238 units in June over the year-ago period, driven by massive jump in e-passenger vehicle volumes, Federation of Automobile Dealers’ Association (FADA) said in a statement on Tuesday. Electric passenger vehicle sales, as per FADA data, stood at 13,178 units in the previous month compared […]

MUMBAI: IPL, cricket’s annual showpiece event, has seen its business value jump 13% in a year to $18.5 billion – nearly Rs 1.6 lakh crore. At the same time, its brand value has risen 14% to nearly $4 billion (about Rs 33,000 crore), a report by NYSE-listed investment bank Houlihan Lokey, which has valued several

US President Donald Trump lashed out Tuesday (July 8) at renewed questions over the Jeffrey Epstein investigation, expressing disbelief that the disgraced financier continues to dominate public interest. “Are you still talking about Jeffrey Epstein? This guy’s been talked about for years,” Trump said during a Cabinet meeting when a reporter asked Attorney General Pam

Kirk Tanner, then CEO of North American beverages for PepsiCo Inc., speaks during the Bloomberg Power Players Summit in Miami, Florida, on Jan. 31, 2020. Marco Bello | Bloomberg | Getty Images Wendy’s CEO Kirk Tanner has been named the new chief executive of The Hershey Company, effective August 18. Tanner will replace Michele Buck,

Traveler wait in a long security line at John Wayne Airport in Santa Ana Wednesday, May 7, 2025. Allen J. Schaben | Los Angeles Times | Getty Images The Transportation Security Administration plans to let many travelers leave their shoes on at U.S. airport checkpoints, ending a roughly 20-year-old rule, according to people familiar with

US President Donald Trump during a cabinet meeting at the White House in Washington, DC, US, on Tuesday, July 8, 2025. Aaron Schwartz | Bloomberg | Getty Images President Donald Trump on Tuesday threatened to impose up to 200% tariffs on pharmaceuticals imported into the U.S. “very soon.”  “They’re going to be tariffs at very

Supriya Shrinate claimed that Jane Street, an American algorithm trading firm, looted unsuspecting small investors of Indian markets for five continuous years. | Photo Credit: SHASHI SHEKHAR KASHYAP The Congress on Tuesday (July 8, 2025) alleged that the New York-based hedge fund Jane Street has siphoned off ₹44,000 crore of ‘unsuspecting small investors’ by manipulating

The US government has already collected around $100 billion in tariff revenue so far in 2025 and is on track to triple that amount by the year’s end, Treasury Secretary Scott Bessent said on Tuesday, highlighting the fiscal boost from President Donald Trump’s aggressive trade policy. Bessent projected tariff income could reach $300 billion by

Tata Sons’ stake in its subsidiary, IPO-bound Tata Capital, is worth around $11.5 billion, post the rights issue earlier this year, and based on the price of ₹281 per share, at which the rights shares were issued. According to Tata Capital’s annual report, its holding firm Tata Sons’ stake in it rose a notch to

Participants march in the Reclaim Pride Coalition’s seventh annual Queer Liberation March in New York, June 29, 2025. Erik McGregor | Lightrocket | Getty Images Canadian citizen Robert Sharp was planning to visit Provincetown, Massachusetts — one of the most LGBTQ+-friendly places in America — for his friend’s milestone birthday in July. But against a

The United Arab Emirates (UAE) has rolled out a new nomination-based Golden Visa, offering lifetime residency for a one-time payment of ₹23.30 lakh. This marks an addition to the UAE’s earlier residency option, which required a person to make a certain amount of investment in the Gulf country’s real estate market or business. For now,

India is strategically important for cost competitiveness with R&D, manufacturing and logistics | Photo Credit: Hannibal Hanschke German auto major Daimler Truck is increasing its focus on India not only for export of its vehicles but also plans to use the country as a major sourcing destination and for developing new products. The commercial vehicles

If the code is in place, social security of the workers at Uber, mostly drivers, will be interoperable, which means they can benefit even if they go to Rapido or Ola | Photo Credit: Shanker Chakravarty Uber India may implement the Code on Social Security for its drivers by the end of the calendar year

China controls 90 per cent of the global processing capacity for magnets used across sectors The limited availability of rare earth magnets remains a concern for the auto industry, underscoring the need for a national strategy on critical minerals to secure the future of electric vehicle (EV) and mobility manufacturing in India, the Automotive Component

Nearly 20 years after airline passengers were first required to remove their shoes for security screening, the Transportation Security Administration (TSA) is beginning to phase out the policy at airports across the United States, according to media reports. The directive, issued last week, states that starting Sunday, all passengers will be allowed to keep their

The charter of demand urged hosting an Indian Labour Conference. The tripartite body last met in 2015 | Photo Credit: iStockphoto The platform of 10 Central trade unions and independent sectoral federations and associations got support from farmers union for the nationwide strike against the four labour codes on Wednesday. RSS-backed Bhartiye Mazdoo Sangh (BMS)

Boeing 737 MAX airliners are pictured at the company’s factory in Renton, Washington, on Sept. 12, 2024. Stephen Brashear | AP Boeing delivered 60 airplanes last month, the most since December 2023, as the plane maker seeks to raise production of its bestselling 737 Max jets after a series of manufacturing and safety problems. The

The group is also negotiating a loan amount of around ₹16,000 crore with Indian banks for its airport arm. | Photo Credit: AMIT DAVE The Adani group is planning to raise an additional $2 billion in the current fiscal year having already mopped up $3 billion so far, according to sources. The fund raising would

US President Donald Trump has reaffirmed his administration’s commitment to begin imposing tariffs on imports from multiple countries starting August 1, 2025. In a post on Tuesday (July 8) on his social media platform Truth Social, Trump made it clear there would be no delays or exceptions. “There has been no change to this date,

As of now the investigation into the tragic Ahmedabad air crash is led by the Director General of the Aircraft Accident Investigation Bureau (AAIB) A parliamentary panel on Tuesday expressed concern about the air safety after the tragic crash of an Air India aircraft in Ahmedabad last month. The meeting, which was originally scheduled to

Currently, the price of coconuts is touching ₹75 per kg in Kerala  | Photo Credit: VISHNU PRATHAP It’s usual to see devotees break hundreds of coconuts in Kerala’s temples. At the Pazhavangadi Ganapathy Temple in Thiruvananthapuram, the coconut offerings run into thousands. But the age-old temple ritual is threatened as coconut prices soar in the

Keshav Murugesh, Group CEO and Board of Directors member of WNS Global The acquisition of business process management services provider WNS Holdings by Capgemini has again put the spotlight on Keshav Murugesh, Group CEO and Board of Directors member of WNS Global. Murugesh has the reputation of being a turnaround strategist. Prior to WNS, he

Tourism Minister Gajendra Singh Shekhawat addressing the National Tourism Secretaries’ Conference in Srinagar on Sunday India aims to expand its tourism sector as part of its effort to become a developed nation, Tourism Minister Gajendra Singh Shekhawat said on Sunday. He noted that the country currently contributes only 5–6 per cent to the global tourism economy.

Smart farming, futuristic technologies in farm industry. Tablet with app for control plants growing, drone, wind mills, solar panels, agricultural automation and robotics Cartoon vector illustration | Photo Credit: Krithika R 2517@Coimbatore Investments in Indian agritech, which rebounded during 2024, are seen improving further this year driven by investor interest and with some start-ups eyeing

China warned the Trump administration on Tuesday (July 8) against reigniting trade tensions by reinstating tariffs on Chinese goods starting next month. The warning came in response to President Donald Trump’s move to notify trade partners of sharply higher tariffs set to begin August 1, unless new agreements are reached. In a strongly worded commentary

“Banks will also carry out re-KYC of all due accounts during this campaign,” the Ministry of Finance statement said. File | Photo Credit: The Hindu   The Ministry of Finance on Tuesday (July 8, 2025) denied reports that it has directed that inactive PM Jan Dhan Yojana be closed. ”In connection with reports appearing in

Indian Navy signs contract with Bharat Electronics Limited (BEL) in the presence of Vice Admiral Tarun Sobti, Deputy Chief of Naval Staff, and Manoj Jain, Chairman and Managing Director of BEL | Photo Credit: Special Arrangement The Indian Navy has entered into a contract with Bharat Electronics Limited (BEL) for the execution of the National

The not-so-easy optical illusion for the day has taken social media by storm, leaving many clueless about the answer to a simple puzzle. Only the ones who consider themselves pro can solve the test. Are you one of them? Let’s find out! Using colour, light or patterns to come up with mind-boggling, deceptive illusions, these

Union Minister Jyotiraditya Scindia met Cisco CEO Chuck Robbins (seen immediate right to the Minister) and other officials of the company on July 8, 2025 | Photo Credit: Special Arrangement Union Minister Jyotiraditya Scindia, who met Chuck Robbins, CEO of Cisco, at Sanchar Bhawan in New Delhi on Tuesday (July 8, 2025), encouraged Cisco, a Californian

Cardiac arrests have increasingly become a stark reminder of how you are going about your life one moment, and the next, without warning, it can all come to a halt. Every time a sudden death makes the headlines – especially involving young individuals – the conversation circles back to how unpredictable and fragile life can

TVS Industrial & Logistics Parks on Tuesday announced the listing of its InvIT TVS Infrastructure Trust on the National Stock Exchange, raising more than ₹1,300 crore. According to the company, TVS Infrastructure Investment Trust issued 2,000 crore units, out of which units worth ₹1,300 crore were subscribed by marquee global and domestic investors. The offering

CC | Photo Credit: Dado Ruvic Micro-blogging site X (formerly Twitter) on Tuesday said that on July 3, 2025, the Indian government ordered it to block 2,355 accounts in India, including international news outlets like @Reuters and @ReutersWorld, under, Section 69A of the IT Act. “The Ministry of Electronics and Information Technology (MietY) demanded immediate

To “oppose the anti-worker, anti-farmer, and anti-national pro-corporate policies of the government,” 10 primary trade unions and their associates have called for a general strike, or “Bharat Bandh,” tomorrow, July 8.  Over 25 crore workers are expected to join the nationwide strike on Wednesday. They will be from sectors like banking, insurance, postal services, coal

New Delhi’s Indira Gandhi International Airport (IGIA) has been ranked the ninth busiest airport in the world, handling more than 7.78 crore passengers in 2024, according to a report released by Airports Council International (ACI) on Tuesday.This marks an improvement from last year, when the airport held the 10th spot.The ACI’s list of the world’s

Jio BlackRock Asset Management plans to introduce nearly a dozen equity and debt funds in India by the year-end, focusing on small-ticket investments and bypassing distributors to reduce costs, three people familiar with the firm’s strategy said. The joint venture between Jio Financial Services, backed by billionaire Mukesh Ambani, and BlackRock, enters India’s ₹72.2

However, cyber criminals have started taking advantage of the Telegram app. They are carrying out incidents like fake job offers and other fraud. Especially, cases of extorting money from people by luring them with high-salary jobs without an interview are increasing. In such a situation, it is important to be cautious of these new methods

Representative image | Photo Credit: Getty Images/iStockphoto The rupee rose 26 paise to close at 85.68 (provisional) against the U.S. dollar on Tuesday (July 8, 2025) on the back of a decline in global crude oil prices and a weaker greenback. Foreign fund inflows and firm domestic equity markets further boosted the rupee, according to

ITR filing FY 2024-25: It’s crucial for you to do a final check on which tax regime suits you best before filing ITR. ITR filing FY 2024-25: The choice of the income tax regime while filing Income Tax Return (ITR) is an extremely important one. Your final tax outgo is dependent on the tax regime

Indian National Congress spokesperson spoke at length about the various serious lapses highlighted in the system in light of the Jane Street scandal.  INC spokesperson Supriya Shrinate raised a series of serious concerns about the role played by SEBI and the Centre in protecting retail investors against the Jane Street scandal. | Image: Official webcast

Benchmark BSE Sensex closed higher by 270 points on Tuesday (July 8, 2025), helped by late-day buying in banking and select IT shares as well as positive trends in the Asian markets. The 30-share barometer rose by 270.01 points or 0.32% to settle at 83,712.51 with 18 of its constituents ending higher and 12

Titan Company shares tanked 5.5 per cent on Tuesday after its first-quarter business update missed Street expectations, dragging down the billionaire Jhunjhunwala family’s portfolio by nearly Rs 900 crore, according to an ET report.The family holds a 5.15 per cent stake in the Tata Group firm, and the selloff underscores how premium consumer stocks are

This is an AI-generated image, used for representational purposes only. The finance ministry has asked public sector banks to fast-track education loan applications, directing them to process requests within 15 days of submission. Banks have also been told to set up a centralised credit processing system with clear internal procedures to ensure timely approvals, according

Vietnamese electric vehicle (EV) manufacturer VinFast has announced a partnership with Indian EV charging and aftersales solutions provider RoadGrid, as it gears up for its product launch in India later this year.VinFast, the electric vehicle subsidiary of Vietnam’s Vingroup, is gearing up for a bold debut in India, positioning itself for competition with US based

Bengaluru is expected to face major disruptions on Wednesday, 9 July, as over 25 crore workers across India prepare for a nationwide strike, also known as Bharat Bandh. The Silicon Valley being a key centre for both public and private sectors, is likely to feel the effects across many services. A group of ten central

An earthquake measuring 3.2 on the Richter scale struck Uttarkashi district in Uttarakhand on Tuesday, the National Centre for Seismology (NCS) reported. The earthquake struck Uttarkashi at 1:07 PM at a depth of 5 km, with the epicentre at a latitude of 31.22 N and a longitude of 78.22 E. Sharing an X post, NCS

A man shows plastic pellets, that have been washing ashore ever since a Liberian-flagged container ship MSC ELSA 3 sank off the Kerala coast. | Photo Credit: – Kerala has sued Swiss-based Mediterranean Shipping Company and sought $1.1 billion in compensation after one of its container vessels sank and leaked fuel into the Arabian Sea

The South Korean company did not disclose the value of the transaction [File] | Photo Credit: REUTERS Samsung Electronics said on Tuesday it had signed an agreement to acquire Xealth, a U.S.-based healthcare platform, as part of its efforts to expand its mobile healthcare services business. The South Korean company did not disclose the value

U.S. President Donald Trump reacts next to a portrait of former U.S. President Ronald Reagan during a press conference in the Oval office | Photo Credit: NATHAN HOWARD February 1 – Trump imposes 25% tariffs on Mexican and most Canadian imports and 10% on goods from China, demanding they curb the flow of fentanyl and

Image used for representation purpose only. | Photo Credit: Reuters The August 1 deadline for U.S. tariffs is for countries that have received letters from U.S. President Donald Trump, and so India is still operating under the July 8 deadline, according to Indian government sources, who added that a mini deal with the US could

Daulal Vaishnaw, father of Railway Minister Ashwini Vaishnaw passed away today morning, July 8, at AIIMS Jodhpur due to critically ill for the past few days. He was 81 years old. In an official statement, AIIMS Jodhpur said, “It is with profound sorrow that we inform you of the demise of Hon’ble Railway Minister’s father,

Earthquake in Assam: An earthquake measuring 4.1 on the Richter scale struck Karbi Anglong district in Assam on Tuesday morning, the National Centre for Seismology (NCS) reported. According to the NCS, the tremor occurred at 9:22 am IST, at a depth of 25 km, with its epicentre located at 26.51°N latitude and 93.15°E longitude. Image: Representational

Equity benchmark indices Sensex and Nifty were trading marginally higher in the morning trade on Tuesday after a weak beginning as investors stayed on the sidelines ahead of the formal announcement of a trade deal with the U.S. Rally in Asian markets and fresh foreign fund inflows also helped markets recover the early lost ground,

The rupee rose 22 paise to 85.72 against the U.S. dollar in early trade on the back of fall in global crude oil prices and a weaker greenback. FII inflows and a positive domestic equity market further boosted the local unit, according to forex traders. At the interbank foreign exchange, the rupee opened at 85.75

Image used for representation purpose only,. | Photo Credit: Dado Ruvic Adani Power Ltd. (APL) has completed the acquisition and resolution plan implementation of Vidarbha Industries Power Ltd. (VIPL) for INR 4,000 crore, according to a release issued by the company on Tuesday (July 8,. 2025) morning. VIPL operates a 2×300 MW coal-fired power plant

The Regional Meteorological Centre (RMC) has issued a heat advisory for Tamil Nadu, Puducherry, and Karaikal, warning of a sharp rise in temperatures over the next few days due to strong westerly winds in the lower troposphere. According to the RMC, dry weather will prevail across most of the state this week, with maximum temperatures

Meta invested in Scale AI in a deal that valued the data-labeling startup at $29 billion and brought in its 28-year-old CEO Wang [File] | Photo Credit: REUTERS Apple’s top executive in charge of artificial intelligence models, Ruoming Pang, is leaving the company for Meta Platforms, Bloomberg News reported on Monday, citing people with knowledge

The rising mid-income populations across Africa, South East Asia, and Latin America has led to a growth in demand for performance-driven, climate-adapted, and cost-sensitive apparel that the Indian manmade fibre (MMF) sector can tap, study shows. Representational image. | Photo Credit: Reuters The rising mid-income populations across Africa, South East Asia, and Latin America has