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Business
Trump formally announces 25 pc tariffs on all steel, aluminium imports
11 Feb 2025 12:26 PM IST
Washington, Feb 11: US President Donald Trump has announced plans to impose 25 per cent tariffs on all steel and aluminum imports coming into the United States "without exceptions or exemptions," raising concerns over its ramifications on South Korean and other exporters. Trump signed two...
Business
Apollo Hospitals reports 4 pc drop in Q3 net profit, revenue slips
11 Feb 2025 11:43 AM IST
Mumbai, Feb 11: Apollo Hospitals has reported a net profit of Rs 379.4 crore in the third quarter this fiscal (Q3 FY25), a decline of 4.12 per cent from Rs 395.7 crore profit in the second quarter (Q2 FY25). The company's total income in Q3 stood at Rs 5,590.7 crore, slightly lower than Rs 5,627.5...
Business
South Korea reviews measures amid new Trump tariff plan
10 Feb 2025 12:48 PM IST
Seoul, Feb 10: Acting President Choi Sang-mok on Monday discussed measures to address the impact on South Korea's steel and related industries following US President Donald Trump's announcement of new tariffs, his office said. Trump earlier said his government will start imposing a new 25 per cent...
Business
India to inaugurate EFTA Desk to bolster economic ties with 4 European nations...
10 Feb 2025 12:47 PM IST
New Delhi, Feb 10: In a significant step towards deepening economic ties with the European Free Trade Association (EFTA), Union Minister for Commerce and Industry Piyush Goyal along with his counterparts from EFTA bloc will inaugurate the EFTA Desk at Bharat Mandapam in the national Capital on...
Business
New Income Tax Bill to raise transparency in tax laws, say experts
10 Feb 2025 12:36 PM IST
New Delhi, Feb 10: The new Income Tax Bill is contemplated to raise the level of transparency in tax laws by adopting clear and unambiguous language in tax provisions which allows the taxpayers to easily understand their obligations and rights, industry experts said on Monday. Union Finance Minister...
Business
Foreign investors set to return in Indian market to get sound, effective net...
8 Feb 2025 12:40 PM IST
New Delhi, Feb 8: The foreign investors’ fraternity is all set to take a plunge investing in the Indian stock market to get sound, effective net returns from a long-term perspective, according to experts on Saturday. With the sound and pathbreaking reforms for making the financial services sector...
Business
Reducing coal imports, boosting domestic production key focus: Minister
8 Feb 2025 12:25 PM IST
New Delhi, Feb 8: The government has reiterated that reducing coal imports and increasing domestic production is the key focus, as the coal sector remains a cornerstone of India’s energy security, playing a vital role in the country’s industrial and economic growth. With the fifth-largest geological...
Business
ONGC to augment gas production in Tripura: Official
8 Feb 2025 12:00 PM IST
Agartala, Feb 8: State-owned Oil and Natural Gas Corporation (ONGC) is aiming to achieve a target of four Million Metric Standard Cubic Meters Per Day (MMSCMD) gas production in Tripura. Chief General Manager (CGM) of ONGC, Roopesh Kumar Sharan said, adding that presently, the oil and gas major...
Business
Big relief on toll for National Highways' users coming soon: Nitin Gadkari
7 Feb 2025 3:16 PM IST
New Delhi, Feb 7: Union Road Transport and Highways Minister Nitin Gadkari on Friday said that the Narendra Modi government will soon be announcing a major relief for commuters on the toll that is currently levied on vehicles plying on National Highways. He said that the government is working on a...
Business
US President Trump, Centre criticized in Kerala Budget speech
7 Feb 2025 1:30 PM IST
Thiruvananthapuram, Feb 7: The final full budget of the second Pinarayi Vijayan government, presented in the Kerala Legislative Assembly on Friday by State Finance Minister K.N. Balagopal, took sharp aim at newly elected US President Donald Trump and the Union Government. Taking aim at Trump,...
Business
RBI cuts repo rate by 25 basis points to 6.25 per cent to spur growth
7 Feb 2025 12:32 PM IST
Mumbai, Feb 7: The Reserve Bank of India's (RBI) six-member Monetary Policy Committee (MPC) on Friday cut the repo rate by 25 basis points to 6.25 per cent. RBI Governor Sanjay Malhotra said the MPC has also unanimously decided to continue with a neutral stance and will focus on inflation while...
Business
India ranked among world's top 3 countries for Green Building Certification in...
6 Feb 2025 4:18 PM IST
New Delhi, Feb 6: India retained its third spot on the US Green Building Council's (USGBC) annual list of top 10 countries and regions for LEED (Leadership in Energy and Environmental Design) in 2024 with 370 projects, across both buildings and spaces, being certified for LEED in the country...
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