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BusinessAug 28, 2025 03:37 PM

US tariffs to hit nearly one-fourth of India's textile exports in next 6 months: Experts

New Delhi, Aug 28 (PTI) As the 50 per cent tariffs imposed by the US come into effect, close to one-fourth of India's textile exports may be severely impacted in the next six months, with America being the largest export market for the country's apparel industry and exporters grappling with order cancellations, experts said on Thursday. However, the extension of duty-free import of cotton by three more months till December 31 is expected to bring some much-needed relief to the domestic textile ...Read More

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BusinessAug 28, 2025 03:37 PM

Dr. Agarwal's Health Care Limited And Dr. Agarwal's Eye Hospital Limited Announce Merger - APN News

Chennai : The Boards of Directors of Dr. Agarwal's Health Care Limited ("AHCL" or the "Company") and Dr. Agarwal's Eye Hospital Limited ("AEHL") at their respective meetings held today have approved the scheme of amalgamation ("Scheme") of these independently listed companies under the Dr. Agarwal's Group. The Scheme is subject to the requisite approvals from respective shareholders of AHCL and AEHL and the applicable regulatory approvals. The merged entity inter-alia brings together significan...Read More

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BusinessAug 28, 2025 03:34 PM

'A step towards self-reliant India': HM Amit Shah on 11 years of PMJDY

New Delhi, Aug 28 (SocialNews.XYZ) Union Home Minister Amit Shah on Thursday hailed the socio-economic gains from the Pradhan Mantri Jan Dhan Yojana (PMJDY), crediting Prime Minister Narendra Modi for conceiving the world's largest banking initiative in history. "Exactly 11 years ago today, for the financial inclusion of the poor, women, farmers, and deprived sections, Modi ji launched the world's largest banking initiative in history, the 'Pradhan Mantri Jan Dhan Yojana'," said HM Shah on the ...Read More

LatestLY - Business - News Image
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BusinessAug 28, 2025 03:24 PM

Mahindra Aerostructures Secures Contract To Manufacture Main Fuselage for Airbus H125 Helicopters, B...

New Delhi, August 28: Airbus Helicopters has awarded a contract to Mahindra Aerostructures Pvt Ltd. (MASPL) to manufacture the main fuselage of its H125 helicopter, marking a strengthening of the collaboration between the two companies and the government's 'Make in India' drive. Work on the project will begin immediately at the MASPL factory in Bengaluru, with the first fuselage delivery scheduled for 2027. "This new contract with Mahindra Aerostructures is a testament to the strong capabilities...Read More

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BusinessAug 28, 2025 03:22 PM

PNGRB sets MWP target of 12.63 crore PNG Domestic Connections by 2034

New Delhi, 28 August 2025: With a significant approach towards synergizing the City Gas Distribution Plan, the Petroleum and Natural Gas Regulatory Board has come across a remarkable milestone. To achieve the target, a strong and coordinated synergy between the states and the entities is imperative. PNGRB has set a Minimum Work Programme (MWP) target of 12.63 crore PNG Domestic Connections, 18,336 CNG Stations, and 5.46 lakh inch-km of pipeline infrastructure to be achieved by 2034 and has assi...Read More

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PoliticsBusinessAug 28, 2025 03:20 PM

Oil Drops Even as US Raises Pressure on India Over Russian Crude

(Bloomberg) -- Oil fell as traders looked past US efforts to force India to quit buying Russian crude, and broader markets carried a risk-off tone. Global benchmark Brent dropped below $68 a barrel, while West Texas Intermediate was near $64. White House trade adviser Peter Navarro stepped up the pressure on New Delhi to halt purchases of Russian energy after Washington doubled a levy on imports from the country to 50%. Calling Indians "arrogant," he cast the conflict in Ukraine as "Modi's war,...Read More

Abtak.com - Business - News Image
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BusinessAug 28, 2025 03:20 PM

Trump's doubling of tariffs hits India, damaging ties

WASHINGTON/NEW DELHI, Aug 27 (Reuters) - U.S. President Donald Trump's doubling of tariffs on imports from India to as much as 50% took effect as scheduled on Wednesday, delivering a serious blow to ties between two powerful democracies that had in recent decades become strategic partners. A punitive 25% tariff, imposed due to India's purchases of Russian oil, was added to Trump's prior 25% tariff on many imports from the South Asian nation. It takes total duties as high as 50% for goods as var...Read More

Hindustan Times - Business Technology Politics Other Entertainment - News Image
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Benefit from Russian oil imports exaggerated; India's actual gain at just USD 2.5 bn

New Delhi, Aug 28 (PTI) India's gains from importing discounted Russian oil are estimated to be just USD 2.5 billion per annum, significantly lower than the previously speculated range of USD 10-25 billion, a research report said on Thursday. Stopping Russian oil imports would force India, the world's third-largest oil importer and consumer, to rely on limited alternatives, potentially driving global crude prices up to USD 100 per barrel amid rising demand and tight supply. "Benefit from Russi...Read More

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BusinessAug 28, 2025 03:20 PM

Business News | Innovative Print Solution Providers Abril Paper Tech Ltd is Planning to Raise Up to ...

Surat (Gujarat) [India], August 28: Surat based, Abril Paper Tech Ltd, a leading manufacturer and supplier of sublimation heat transfer paper, is planning to raise up to Rs. 13.42 crore from its SME public issue. The company has received approval to launch its public issue on SME Platform of Bombay Stock Exchange. The public issue opens for subscription on August 29, 2025 and closes on September 02, 2025. Interactive Financial Services Ltd. is the book running lead manager of the issue. Also Re...Read More

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BusinessAug 28, 2025 03:17 PM

Swiggy Dineout Brings Back GIRF 2025 - India's Biggest Dining Out Festival with Unbeatable Deals & R...

Bengaluru (Karnataka) [India], August 28: Swiggy Limited, India leading on-demand convenience platform, is set to redefine dining experiences yet again with the return of its much-anticipated Great Indian Restaurant Festival (GIRF) 2025. Starting August 22, during the entire upcoming festive season of 2 months, food lovers across 50+ cities in India can enjoy up to 50 discount on dining at 20,000+ top restaurants across categories including cafes, pubs, bars, luxury dining, and family dining res...Read More

ANI News - Politics Business - News Image
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PoliticsBusinessAug 28, 2025 03:13 PM

PM Modi should stand up, speak out: CPI's D Raja on US imposing 50% tariff on India

New Delhi [India], August 28 (ANI): Communist Party of India (CPI) General Secretary D Raja on Thursday called the US's 50 per cent tariff on India a tariff war against a sovereign nation and urged the Centre to pursue its own independent economic and foreign policies. "Our party, the Communist Party of India, strongly condemns what the Trump administration is doing as far as the tariff is concerned. It is nothing but a tariff war on sovereign independent nations in the world," Raja told ANI. ...Read More

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BusinessAug 28, 2025 03:11 PM

India News | Chamoli Police Issue Traffic Advisory Following Blockage of Joshimath-Malari Road Route...

Chamoli (Uttarakhand) [India], August 28 (ANI): The Chamoli Police on Thursday issued a traffic advisory informing about the blockage of Joshimath-Malari road route due to debris falling before Surai Thota. Continuous work is being done to remove the debris using JCB machines on the route, and the route is expected to open by evening. Also Read | Fake Job Racket Busted in Jharkhand: Over 200 Unemployed Youths Duped With False Promises of Employment in Seraikela, 4 Arrested. "The Joshimath-Mal...Read More

Hindustan Times - Business - News Image
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BusinessAug 28, 2025 03:05 PM

Chhattisgarh: 30-year-old teacher killed by Maoists in Sukma district

Raipur: A 30-year-old teacher was killed by Maoists in Chhattisgarh's Sukma district on Wednesday evening, police said. Laxman Barse was allegedly attacked with sharp-edged weapons by a group of Maoists in Silger village around 7.30 pm. His family members were also assaulted when they tried to intervene, a statement issued by the police said. "Further legal action is being taken by the Jagargunda police. Detailed information will be shared later," it added. "Though the motive is unclear, Maois...Read More

The Hindu - Politics Business Other Entertainment - News Image
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TN tops industrial employment, CM Stalin credits Dravidian model for success

Chennai, Aug 28 (SocialNews.XYZ) Tamil Nadu has once again emerged as the country's leader in industrial employment, with Chief Minister M.K. Stalin attributing the achievement to the policies of the Dravidian model government. Citing the Union government's Annual Survey of Industries 2023-24, CM Stalin said the recognition from New Delhi is itself the strongest rebuttal to critics, who have been "targeting" the state government on the industrial and economic fronts. In a post on 'X', the Chie...Read More

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BusinessAug 28, 2025 03:03 PM

India's job posting activities remain 70 pc above pre-pandemic level in July

New Delhi, Aug 28 (SocialNews.XYZ) Job posting activities in India remain 70 per cent above pre-pandemic levels in July, highlighting the resilience of formal hiring despite the slowdown, a report said on Thursday. High-skilled roles continue to lead the hiring momentum. Over the past three months, job postings for data and analytics grew by 15.4 per cent, followed by logistic support (14.3 per cent), therapy (13.7 per cent), and dental (13.6 per cent), a report from Indeed Hiring Lab said. Ac...Read More

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BusinessAug 28, 2025 03:02 PM

Mahindra wins deal to manufacture fuselage of Airbus H125 helicopters

New Delhi, Aug 28 (SocialNews.XYZ) Airbus Helicopters has awarded a contract to Mahindra Aerostructures Pvt Ltd. (MASPL) to manufacture the main fuselage of its H125 helicopter, marking a strengthening of the collaboration between the two companies and the government's 'Make in India' drive. Work on the project will begin immediately at the MASPL factory in Bengaluru, with the first fuselage delivery scheduled for 2027. "This new contract with Mahindra Aerostructures is a testament to the stro...Read More

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BusinessAug 28, 2025 03:02 PM

AEPC backs govt's stand to protect Indian farmers despite US Tariffs

New Delhi, Aug 28 (SocialNews.XYZ) Apparel Export Promotion Council (AEPC) Chairman Sudhir Sekhri wrote to Prime Minister Narendra Modi on Thursday expressing support for the government's efforts to protect farmers, dairy, and fishermen amid trade pressures from the United States. Though AEPC expressed concern over the US' imposition of 50 per cent tariffs on Indian imports, which it believed will impact the competitiveness of India's textile and apparel industry, it lauded the government for "...Read More

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BusinessAug 28, 2025 02:59 PM

India News | Stations Part of Bullet Train Mumbai-Ahmedabad Corridor Nearing Completion: Ministry of...

New Delhi [India], August 28 (ANI): In a significant development, the stations part of the Mumbai-Ahmedabad High Speed train corridor, also known as the Bullet Train project, are nearing completion, Ministry of Railways said on Thursday. In a post on 'X', Indian Railways announced that these stations will redefine passenger comfort and set new benchmarks in travel for passengers. Also Read | Fake Job Racket Busted in Jharkhand: Over 200 Unemployed Youths Duped With False Promises of Employment...Read More

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BusinessAug 28, 2025 02:58 PM

Business News | Out of 4.7 Million New Tech Jobs Expected by 2027, GCCs Alone Will Create 1.2 Millio...

New Delhi [India], August 28 (ANI): India's digital economy is growing at an unprecedented pace, and at the centre of this transformation are Global Capability Centres (GCCs). As per a TeamLease Digital report, "GCCs will contribute over 22-25 per cent of net new white-collar tech jobs in 2025, led by demand in AI and cloud computing". The report notes that of the 4.7 million fresh tech jobs expected by 2027, GCCs alone will create over 1.2 million opportunities. Artificial intelligence (AI), c...Read More

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BusinessAug 28, 2025 02:57 PM

Airbus awards Mahindra Aerostructures contract to make main fuselage for H125 helicopters

New Delhi, Aug 28 (PTI) Airbus has awarded a contract to Mahindra Aerostructures to manufacture the main fuselage of the H125 helicopters as the aerospace major boosts its Make In India efforts. The latest development comes less than five months after the company awarded the contract to Mahindra Aerostructures Pvt Ltd (MASPL) for manufacturing the main fuselage for H130 helicopters in April. "The production contracts for the H125 and H130 aerostructures to MASPL firmly integrate India into Air...Read More

Greater Kashmir - Business - News Image
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BusinessAug 28, 2025 02:57 PM

India may become world's 2nd-largest economy by 2038 with $34.2 trillion GDP: Report

Srinagar, Aug 28: According to the August 2025 edition of EY Economy Watch, the Indian economy is projected to grow significantly, reaching $20.7 trillion by 2030 and potentially $34.2 trillion by 2038. This optimistic outlook is driven by strong economic fundamentals, favourable demographics, and ongoing structural reforms. India currently holds the position of the fourth-largest economy in the world by nominal GDP, with an estimated size of $4.19 trillion. With a median age of just 28.8 years...Read More

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BusinessAug 28, 2025 02:56 PM

Punjab News: CM Bhagwant Mann's Government Extends Relief to Flood-Hit Families in Bhoha Constituenc...

Punjab News: In a strong show of solidarity with flood-affected families, Punjab Chief Minister Bhagwant Mann's government has intensified relief operations across the state. Cabinet Minister Lal Chand Kataruchak personally reached out to victims in Rakwal and Jogar villages of Bhoha constituency, distributing ration materials to families who have been hit hard by the heavy rains and flooding. The update was shared by AAP Punjab on social media, where the minister was seen meeting people, offer...Read More

DNP INDIA - Business - News Image
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BusinessAug 28, 2025 02:56 PM

Punjab News: CM Bhagwant Mann Govt Takes Strict Action Against Principal Over Negligence in Children...

Punjab News: The Punjab government under CM Bhagwant Mann has once again underlined its zero-tolerance policy towards negligence in children's safety. In a recent incident at Navodaya School, Daburri (Dinanagar), as many as 400 children were left stranded on campus during severe flooding. According to official sources, the state government had already issued orders announcing school holidays in view of rising floodwaters. However, the principal of the Navodaya School allegedly ignored these ins...Read More

ANI News - Politics Business - News Image
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PoliticsBusinessAug 28, 2025 02:52 PM

Haryana CM implements 'Deendayal Lado Laxmi Yojana'; eligible women to get Rs 2,100 monthly aid

Chandigarh (Haryana) [India], August 28 (ANI): Haryana CM Nayab Singh Saini on Thursday implemented Deendayal Lado Laxmi Yojana for social security and respect of women. It will be launched on September 25, 2025, the birth anniversary of Pandit Deendayal Upadhyay. Under this scheme, eligible women will receive a monthly financial assistance of Rs 2,100. "On September 25, 2025, all our sisters who are 13 years of age or above will get the benefit of this scheme. Both married and unmarried women ...Read More

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Maruti Suzuki Announces Rollout Of The E-Vitara SUV, First Made-In-India Electric Vehicle

New Delhi: The country's largest carmaker Maruti Suzuki has announced the rollout of its first made-in-India electric vehicle - the e-Vitara SUV - in a major boost to the green segment from its upgraded Gujarat plant, which is now set to become one of the world's largest automotive manufacturing hubs with a projected annual capacity of one million units. Crucially, this facility will serve as Suzuki's global production base for electric vehicles (EVs), exporting to over 100 countries, including...Read More

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BusinessAug 28, 2025 02:49 PM

Stalin urges Centre for relief as US tariff hike hits Tamil Nadu's textile exports 'hard'

Tiruppur: Tamil Nadu Chief Minister MK Stalin on Thursday reiterated his demands to the Centre for immediate relief and structural reforms to safeguard industries and workers as US tariff hike to 50% has hit Tamil Nadu's exports hard, especially Tiruppur's textile hub. "The USTariff hike to 50% has hit Tamil Nadu's exports hard, especially Tiruppur's textile hub, causing a trade impact of nearly Rs. 3,000 crore and putting thousands of jobs at risk," Stalin said in a post on X. "I reiterate my...Read More

ANI News - Business - News Image
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BusinessAug 28, 2025 02:49 PM

Innovative Print Solution Providers Abril Paper Tech Ltd is planning to raise up to Rs. 13.42 crore ...

PNN Surat (Gujarat) [India], August 28: Surat based, Abril Paper Tech Ltd, a leading manufacturer and supplier of sublimation heat transfer paper, is planning to raise up to Rs. 13.42 crore from its SME public issue. The company has received approval to launch its public issue on SME Platform of Bombay Stock Exchange. The public issue opens for subscription on August 29, 2025 and closes on September 02, 2025. Interactive Financial Services Ltd. is the book running lead manager of the issue. Fo...Read More

Business Standard - Business - News Image
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BusinessAug 28, 2025 02:47 PM

Sloan India's Latest Flushing Innovations - Transforming the Restrooms in India

Sloan India's Latest Flushing Innovations - Transforming the Restrooms in India Sloan India's Latest Flushing Innovations - Transforming the Restrooms in India 2 min read Last Updated : Aug 28 2025 | 2:40 PM IST VMPL New Delhi [India], August 28: Sloan India, a subsidiary of Sloan Valve Company, USA, has launched two innovative flushing solutions: the industry's first flushometer with a 20mm inlet--the TruFlush Manual Dual-Flush Flushometer--and Sloan's first sensor-based dual-flush flushome...Read More

ANI News - Business - News Image
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BusinessAug 28, 2025 02:45 PM

Reduction in GST rates have higher multiple effect on economy, than cut in income tax: Report

New Delhi [India], August 28 (ANI): A decline in the Goods and Services Tax (GST) rate has a higher multiplier effect of 1.08x compared with direct taxes, according to a report by Ambit Capital. If the benefits of this cut are passed on to consumers, it can boost the country's GDP growth. It stated "A decline in GST rate has a higher multiplier effect (1.08x) than direct taxes. If passed on to consumers, it can add 20-50bps to GDP growth". The report said, a decrease in income tax rate would ...Read More

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BusinessAug 28, 2025 02:44 PM

Power Mech Projects bags Rs 371 crore order from Adani Power arm Mahan Energen

New Delhi, Aug 28 (PTI) Power Mech Projects on Thursday said that it has secured an order worth Rs 370.84 crore from Adani Power arm Mahan Energen for the execution of civil works at the Mahan Phase-III project in Singrauli, Madhya Pradesh. Mahan Energen Ltd was formerly known as Essar Power M P Ltd. The scope of work includes the execution of civil works and erection of prefabricated structural steel for BTG (boiler turbine generator) units 1and 2, the main powerhouse, central control buildin...Read More