
Trump issues tariff letters to seven countries
[ad_1] US President Donald Trump sends letters to Algeria, Iraq, Libya, Sri Lanka and the Philippines, Brunei and Moldova | Photo Credit: KEVIN LAMARQUE U.S. President Donald Trump on Wednesday issued a round of tariff letters to seven countries, including Algeria, Iraq, Libya, Sri Lanka and the Philippines. The letters call for tariffs of 30 per cent each on Algeria,

Mutual fund SIP inflows touch record high: June investments hit Rs 27,269 crore, up 2% from May; contributing SIP accounts cross 8.64 crore for first time
[ad_1] Monthly investments through systematic investment plans (SIPs) surged to a new peak of Rs 27,269 crore in June 2025, up 2% from Rs 26,688 crore in May, crossing the Rs 27,000 crore mark for the first time, according to fresh data from AMFI.The SIP assets under management (AUM) rose to Rs 15.30 lakh crore in June, from Rs 14.61

U.S. short-seller Viceroy Research makes scathing claims on Vedanta Group
[ad_1] Vedanta Group. File | Photo Credit: Reuters A U.S. short-seller, Viceroy Research, has flung allegations at Anil Agarwal-owned Vedanta Group, calling Vedanta Resources (VRL) a ‘parasite’ and a ‘financial zombie’ and its listed subsidiary Vedanta Ltd (VEDL) a ‘dying host’. Viceroy Research, which has a short position on VRL’s debt stack, said the Vedanta group structure was “financially unsustainable,

Nvidia becomes first public company to cross $4 trillion market cap, now bigger than Microsoft and Apple: Here’s what that means
[ad_1] The Huang Foundation was founded in 2007 with an initial donation of 370,000 Nvidia shares Nvidia has officially become the first publicly traded company to cross the $4 trillion mark in market value, a major milestone that underscores the growing influence of artificial intelligence on the global economy. The chip giant’s market cap hit $4.009 trillion as of early

Aadhaar biometric e-KYC now extended to RD, PPF accounts: Depositors can open accounts, withdraw without forms; Account closures and nominee changes coming soon
[ad_1] The Department of Posts has rolled out Aadhaar-based biometric e-KYC services for Recurring Deposit (RD) and Public Provident Fund (PPF) schemes, further widening the scope of paperless account operations across its small savings portfolio. This marks a major expansion of the facility, which was previously available only for select schemes like the Monthly Income Scheme (MIS), Time Deposit (TD),

Geon forays into home power back-up segment with inverter battery range
[ad_1] Geon (erstwhile Battrixx), the battery division of Kabra Extrusiontechnik Ltd., has announced the introduction of its new range of high-efficiency lithium-ion Inverter batteries to meet the growing demand in the residential power backup segment. This marks Geon’s entry into the home inverter battery market, backed by its R&D capabilities, lithium expertise, and pan-India presence, the company said. Anand Kabra, Vice Chairman and Managing Director, Kabra Extrusiontechnik Ltd said, “Our

IndiGo arm closes ₹450-crore fund, invests in Jeh Aerospace
[ad_1] IndiGo Ventures, the corporate venture capital arm of air carrier IndiGo on Wednesday announced the first close of its maiden fund at ₹450 crore. The firm has also approved its first investment in Jeh Aerospace, a Hyderabad-based aerospace startup focused on high-precision aerospace and defence manufacturing. It, however, did not disclose how much it is investing. Within its first

Donald Trump fires new tariff salvo! Letters to more countries released; Iraq, Philippines & others to face up to 30% duties – check list
[ad_1] Donald Trump tariffs (AI image) US President Donald Trump on Wednesday issued a fresh set of tariff letters to countries warning them of reciprocal duties from August 1, 2025. Trump had earlier said that he would be issuing tariff letters for seven more countries today. Earlier this week, he had released letters for 14 countries, informing them of the

United States hits 33-year high in measles cases as vaccination rates drop
[ad_1] The US has more measles cases this year than in any year since 1992, with 1,288 confirmed infections nationwide. Thirty-eight states and Washington DC have reported cases, resulting in 155 hospitalizations and three deaths, with two unvaccinated children in Texas and one adult in New Mexico. Experts warn U.S. could lose measles elimination status as hospitalizations rise Health officials

Mamata Banerjee meets Tata Sons Chairman N Chandrasekaran
[ad_1] West Bengal Chief Minister welcomes Tata Sons Chairman N Chandrasekaran at the State Secretariat West Bengal Chief Minister Mamata Banerjee on Wednesday met Tata Sons Chairman Natarajan Chandrasekaran at the State Secretariat, ‘Nabanna’. This meeting assumed significance as Banerjee met Chandrasekaran for the first time since she became the Chief Minister in 2011. The meeting lasted for more than

Equity MF net inflows up 24% in June: AMFI data
[ad_1] Net inflows in equity mutual funds increased 24% to ₹23,586 crore in June, according to data from Association of Mutual Funds in India (AMFI). Net inflows had dipped 22% to ₹19,000 crore in May, which was the lowest in about a year. The data for this month is seen a reversal of the trend in the month before. “While

GHCL Textiles commissions additional facility in T.N.
[ad_1] GHCL Textiles Limited has commenced commercial production at its newly-added, fully automated manufacturing section at Paravai unit in Madurai. The new section adds 25,536 ring spindles, bringing the total installed capacity to 2,24,976 spindles. The company has invested about ₹215 crore for the expansion with internal accruals. R. S. Jalan, Director of GHCL Textiles, said in a press release,

RSWM to focus on southern market
[ad_1] RSWM, the flagship company of LNJ Bhilwara Group, will focus on the southern market as its sales in the southern States grew 15 % last financial year, said Rajeev Gupta, Joint Managing Director of RSWM Limited. The company recently launched an action plan that looks at sustainable growth, focus on innovation, and presence in the entire value chain. The

Mamata Banerjee expresses strong disapproval over West Bengal wrongly shown as Bihar in Niti Aayog report
[ad_1] West Bengal Chief Minister Mamata Banerjee | Photo Credit: ANI West Bengal Chief Minister Mamata Banerjee on Wednesday expressed her strong disapproval over the State being wrongly shown as Bihar in a Niti Aayog report, terming it as a “grave lapse” and demanding immediate correction to rectify the document. In a letter to Niti Aayog Vice Chairperson Suman K

Granules recalling 33,000 bottles of hypertension drug in U.S.
[ad_1] Granules logo. Photo: https://granulesindia.com/ Granules is recalling more than 33,000 bottles of hypertension drug Metoprolol Succinate Extended-Release Tablets, USP, 25 mg, in the U.S. market. It is a voluntary, firm-initiated recall on account of failed dissolution specifications. The product failed to meet dissolution acceptance criteria in the stability studies at the 6th month, the U.S. Food and Drug Administration

ICICI Prudential AMC IPO: Fund house plans mega Rs 10,000 crore offering; files Draft Red Herring Prospectus
[ad_1] A joint venture between ICICI Bank and Prudential Corporation Holdings Limited, the fund house has been operating since 1998. (AI image) Mumbai: ICICI Prudential Asset Management Company Ltd has filed its Draft Red Herring Prospectus with markets regulator SEBI for a Rs 10,000 crore IPO. The shares on offer constitute 10% of the total equity of the fund house.

Lupin, Zentiva ink pact for biosimilar
[ad_1] Lupin and pan-European pharmaceutical company Zentiva Group have entered into a license and supply agreement for commercialisation of Lupin’s biosimilar Certolizumab Pegol across multiple markets globally. They will invest in the development of the biosimilar. Lupin will receive an initial payment of $10 million upon execution of the agreement and total development and regulatory milestone payments up to

Delhi Rains: Air India, IndiGo and SpiceJet say flights may get affected; IGI airport issues advisory for passengers
[ad_1] As rains lashed parts of the national capital city on Wednesday, causing waterlogging in key areas and disrupting traffic, Delhi Airport issued an advisory for passengers suggesting that they opt for the metro. However, they said that all flight operations at the Delhi Airport are currently normal. Several airlines, including Air India, IndiGo, and SpiceJet, also issued travel advisories

ASG Eye Hospital partners with Bihar State Health Society for primary eye care
[ad_1] The first 50 such centres have begun operations across Patna, Gaya, Hajipur, Katihar, Muzaffarpur, Darbhanga, Bhagalpur and Nalanda | Photo Credit: Getty Images ASG Eye Hospital has partnered with Bihar’s State Health Society – a public-private partnership in primary eye care in India – to set up 200 vision centres across 38 districts, it said. The initiative is a first

Chennai real estate developer Rajparis targets revenue of ₹500 crore by 2030
[ad_1] ( from left ) Rajkumar Satchidanandam, Director, Rajparis; R Jeyakumar, Managing Director, Rajparis and R Satchidanandam, Chairman, Rajparis at a press conference to unveil the company’s new brand identity. | Photo Credit: BIJOY GHOSH Chennai-based real estate developer Rajparis aims to become a ₹500 crore company by 2030 from the present ₹100 crore, said its Director Rajkumar Satchidanandam. The

U.S. tariffs: Indian textile exporters on wait and watch mode
[ad_1] Between January and May this year, the U.S. imported textiles and apparel worth $5.11 billion from India, which is 13% more than the exports for the same period last year. | Photo Credit: MANSI THAPLIYAL The Indian textile industry is on a wait and watch mode regarding U.S. tariff announcements. Between January and May this year, the U.S. imported

ED seizes ₹50 lakh worth assets from former EPFO officer in Madhya Pradesh over DA, bribery charges
[ad_1] The Enforcement Directorate on Wednesday announced that it has provisionally attached assets valued at over ₹50 lakh belonging to former EPFO officer Shyamlal Akhand and his family. The action was taken under the anti-money laundering legislation in connection with a case involving alleged bribery and accumulation of disproportionate assets. Also Read |₹14-crore assets of ex-principal secy to Bhupinder Hooda”>

Egg prices rule firm in India on export demand, supply issues
[ad_1] The average price of eggs in the key production centre of Namakkal in Tamil Nadu is ruling at ₹575 per 100 | Photo Credit: istock.com Export demand, coupled with improving domestic off-take, is keeping egg prices firm. They are 10-15 per cent higher in July compared with the same period a year ago, poultry stakeholders said. However, prices may

Bihar Election: Supreme Court agrees fresh pleas challenging ECI’s voter revision drive
[ad_1] The Supreme Court on Wednesday agreed to hear two more pleas challenging the Election Commission of India’s move to conduct a Special Intensive Revision (SIR) of electoral rolls in poll-bound Bihar.A bench of Justices Sudhanshu Dhulia and Joymalya Bagchi agreed to hear the pleas on July 10, along with other pending petitions. Advocate Vrinda Grover and another advocate mentioned

Bihar Election: Supreme Court agrees fresh pleas challenging ECI’s voter revision drive
[ad_1] The Supreme Court on Wednesday agreed to hear two more pleas challenging the Election Commission of India’s move to conduct a Special Intensive Revision (SIR) of electoral rolls in poll-bound Bihar.A bench of Justices Sudhanshu Dhulia and Joymalya Bagchi agreed to hear the pleas on July 10, along with other pending petitions. Advocate Vrinda Grover and another advocate mentioned