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ETV Bharat News - Business - News Image
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BusinessJun 05, 2025 05:49 PM

China's Magnet Curbs Stall India's EV Momentum, Trigger Supply Chain Alarm

New Delhi: Rare earth magnets, essential for EV motors, have become the latest flashpoint in India's growing electric mobility ambitions. These magnets power the core of Brushless DC (BLDC) and Permanent Magnet Synchronous Motors (PMSM), which drive most electric vehicles today, particularly two-wheelers. With China tightening export controls, Indian automakers now face serious supply-side disruptions. If the situation continues, industry experts warn that EV prices could rise, production could...Read More

The New Indian Express - Business - News Image
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BusinessJun 05, 2025 05:48 PM

Now that Indus treaty is on hold, we'll use more water for Indian farmers: Agriculture Minister Chou...

CHANDIGARH: Union Minister for Agriculture and Farmers' Welfare and Rural Development Shivraj Singh Chouhan said that as the Indus Waters Treaty has been put in abeyance, efforts will be made to ensure that more water reaches farmers in Punjab, Jammu & Kashmir, Himachal Pradesh, Haryana and Rajasthan. He said that 80 per cent of water from the Indus river system was flowing into Pakistan. "Giving 80 per cent water to Pakistan at that time was not justified. Punjab, Haryana and Rajasthan require...Read More

Investing.com India - Business - News Image
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BusinessJun 05, 2025 05:16 PM

Indian Markets End Higher Ahead Of RBI Rate Decision; Pharma, Real Estate Lead Gains By Stocktwits

Stocktwits - Indian equity markets closed higher on Thursday, ahead of the Reserve Bank of India's monetary policy announcement due on Friday. The central bank is widely expected to cut the repo rate by 25 basis points. The Sensex ended 443 points higher to close at 81,442, while the Nifty 50 rose 130 points to finish at 24,750. The broader markets outperformed, with the Nifty Midcap index gaining 0.6% and the Smallcap index ending nearly 1% higher. Retail investor sentiment surrounding the ...Read More

Reuters - Business Technology - News Image
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BusinessTechnologyJun 05, 2025 05:15 PM

India plans rare earth magnet incentives as supply threat mounts, sources say

NEW DELHI, June 5 (Reuters) - India is holding talks with companies to establish long-term stockpiles of rare earth magnets by offering fiscal incentives for domestic production, people familiar with the matter said. Building such a supply chain could take years, but would reduce India's dependence on shipments from China, which sent shockwaves across global industries, particularly autos, with its April 4 move to curb exports of rare earth materials. China controls 90% of the processing of su...Read More

Reuters - Business - News Image
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BusinessJun 05, 2025 05:15 PM

India, US push to finalise interim tariff deal as Trump's deadline nears

NEW DELHI, June 5 (Reuters) - Indian and U.S. are holding high-level talks this week, aiming to finalise tariff cuts in sectors such as farm and automobiles as part of an interim deal, two government sources said, with an announcement likely later this month. A U.S. delegation led by senior officials from the Office of the United States Trade Representative (USTR) began closed-door, two-day discussions in New Delhi on Thursday with Indian trade officials headed by chief negotiator Rajesh Agrawa...Read More

Business Standard - Politics Business - News Image
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PoliticsBusinessJun 05, 2025 05:13 PM

Explained: India's 2027 census to include caste count, trigger delimitation

Census 2027: India's largest data exercise returns with digital tools and caste focus | Illustration: Binay Sinha After a nearly six-year delay, India's decennial census is finally back on the agenda. It would be conducted in two phases along with the enumeration of castes. India's population census is expected to be released on March 1, 2027. Here is everything known so far. What is the census and why it matters India's census is the largest population count in the world, conducted every 10 ...Read More

News9live - Business - News Image
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BusinessJun 05, 2025 05:04 PM

Katra to Srinagar: How many bridges and tunnels do you need to cross along the rail route

Srinagar: The Udhampur-Srinagar-Baramulla Rail Link (USBRL) project, an unprecedented engineering marvel in India, boasts a staggering 943 bridges and 36 tunnels on a 119-kilometre stretch across its entire 272-kilometre length. This historic achievement of the Indian railways is set to start ferrying passengers on Friday, with Prime Minister Narendra Modi's inauguration of the final finished 111-kilometre Katra-Banihal section. This stretch will give the final shape of rail connectivity betwee...Read More

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BusinessJun 03, 2025 07:09 PM

Hyundai enhances Alcazar line up with new Corporate Variant Diesel

Kolkata, June 3 (UNI) City-based Texmaco Rail & Engineering Ltd. has bagged a Rs 122.31 crore contract for the design, supply, and commissioning of a cutting-edge gas-insulated traction substation (TSS) for the Mumbai Suburban Railway network. Gurugram, June 3 (UNI) As reserved train tickets in India open for booking 60 days ahead of departure, many travellers still struggle to secure confirmed seats due to last-minute plan finalisations and fluctuating demand. To address this challenge, online...Read More

NewsBTC - Business - News Image
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BusinessJun 03, 2025 03:03 PM

Ethereum Whales Are Back -- And This Time, The Charts Scream Bull Run

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum is changing hands near $2,600 in midday European trading on 3 June, trimming minor overnight gains but still holding a six-week up-trend that began in late April. In a new video analysis, technical strategist Kevin (@Kev_Capital_TA) argues that the price plateau masks a structural shift now visible on every major Ethereum chart. "I'm seeing things that are so historical ...Read More

idnfinancials.com - Business - News Image
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BusinessJun 03, 2025 03:02 PM

iPhone surges in India, Trump fumes -- will the price hit IDR 45 million?

NEW DELHI - Apple is accelerating its shift of iPhone production to India, a move that has proven highly successful. According to a report by research firm Omdia, cited by the Economic Times, exports of India-made iPhones to the United States soared by 76% year-on-year, with 2.9 million units shipped in April 2025 alone. This move is part of Apple's strategy to diversify away from its heavy reliance on China, which is now grappling with geopolitical tensions and rising US import tariffs. Howe...Read More

ETV Bharat News - Business - News Image
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BusinessJun 03, 2025 02:56 PM

Centre Notifies English, Hindi, Urdu, Bhoti And Purgi As Official Languages Of Ladakh

New Delhi: The Ministry of Home Affairs (MHA) on Tuesday announced new rules for government jobs, language use, and local governance in Ladakh, aiming to protect the rights of Ladakh's indigenous communities while offering a clear policy on who qualifies as a resident. Issuing the Ladakh Reservation (Amendment) Regulation, 2025, the Centre introduced new reservation and domicile rules for the Union Territory of Ladakh, reserving up to 85 per cent jobs for locals and one-third of the total numbe...Read More

Trade Brains - Business - News Image
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BusinessJun 03, 2025 02:54 PM

Participate in Defensive Sectors of India - DSP Mutual Fund launches Index Funds on IT and Healthcar...

Mumbai, June 03, 2025: DSP Mutual Fund announced the launch of two new index funds, DSP Nifty IT Index Fund and DSP Nifty Healthcare Index Fund. These funds aim to provide investors with a strategic way to participate in sectors known for their resilience compared to broader equity markets. Defensive sectors such as Information Technology (IT) and Healthcare have historically exhibited low beta relative to the broader equity market, meaning they are less affected by market downturns, economic c...Read More

The New Indian Express - Business - News Image
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BusinessJun 03, 2025 02:51 PM

Two IAS officers, one PCS officer suspended in Uttarakhand land scam case

DEHRADUN: In a decisive move, the Pushkar Singh Dhami government has launched a major crackdown on a significant land scam in Uttarakhand's Haridwar district, suspending a total of 12 individuals, including two IAS officers and one PCS officer. The sweeping action has implicated high-ranking officials, including the District Magistrate, Sub-Divisional Magistrate, and a former Municipal Commissioner. The case has now been handed over to the Vigilance Department for thorough investigation. Accor...Read More

LatestLY - Business - News Image
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BusinessJun 03, 2025 02:39 PM

Business News | Cement Demand to Grow 6-7.5% in FY26 Amid Recovery in Infrastructure and Housing: Re...

New Delhi [India], June 3 (ANI): The Indian cement industry is likely to see a demand growth of 6 to 7.5 per cent in the current financial year (FY26), according to a report by Systematix Research. The report highlighted that with consolidation-led discipline taking hold and strong momentum in infrastructure and housing sectors, the industry is entering a more stable and profitable phase. Also Read | Eid al-Adha 2025 Recipes: From Mutton Keema Paratha To One-Pot Mutton Pulao, Prepare These Del...Read More

europesun.com - Business - News Image
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BusinessJun 02, 2025 03:03 PM

Tesla not interested in manufacturing in India, but many European countries have shown interest: Min...

New Delhi [India], June 2 (ANI): Elon Musk-owned electric car manufacturer Tesla is not interested in manufacturing in India, instead, they are opening showrooms, Union Minister for Heavy Industries HD Kumaraswamy told reporters on Monday. 'Tesla, we are not actually expected from them, they are only to start showrooms. They are not interested in manufacturing in India,' the minister said. Heavy Industry Secretary Kamran Rizvi added, 'So the real intent we'll know when we open the application ...Read More

NewsDrum - Business - News Image
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BusinessJun 02, 2025 03:01 PM

Coal India production slips in May

New Delhi, Jun 2 (PTI) State-owned Coal India on Monday said that its production dropped by 1.4 per cent to 63.5 million tonnes (MT) last month. The company's coal output was 64.4 MT in the corresponding month of previous fiscal, Coal India Ltd (CIL) said in a filing to BSE. The coal output in the April-May period also dropped to 125.6 MT compared to 126.2 MT in the corresponding period of previous fiscal. Coal offtake, which refers to the volume of dry-fuel supplied from a coal pithead, also...Read More

Social News XYZ - Business - News Image
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BusinessJun 02, 2025 02:53 PM

'Indri' maker Piccadily Agro's shares tank over 40 pc to date this year

Mumbai, June 2 (SocialNews.XYZ) Shares of Piccadily Agro Industries Limited, the Haryana-based distillery best known for its award-winning 'Indri' single malt whisky, have nosedived more than 40 per cent so far this year. On Monday, the company's share price further dropped by 1.67 per cent, or Rs 9.70, during the intra-day trade, adding to the downward momentum. While the shares had shown some short-term recovery -- rising 1.82 per cent over the past five trading days and gaining 7.31 per cen...Read More

DT News - Business - News Image
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BusinessJun 02, 2025 02:52 PM

Indian airline IndiGo orders 30 Airbus A350 widebody planes | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

AFP | New Delhi Email : editor@newsofbahrain.com India Indian airline IndiGo said yesterday it had signed an order for 30 more Airbus A350-900s, bringing its shopping list for the widebody aircraft from the European aircraft manufacturer to 60. "We are placing a firm order for 30 Airbus A350- 900s," said Pieter Elbers, the CEO of IndiGo, which was founded in 2006 and is behind the largest contract by volume in the history of civil aviation -- 500 Airbus single-aisle aircraft by 2023. The low...Read More

The Times of India - Business - News Image
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BusinessJun 02, 2025 02:46 PM

'Gratitude for verdict': Stalin after Anna University sexual assault case accused awarded life sente...

CHENNAI: Tamil Nadu chief minister MK Stalin praised the Chennai Mahila court's verdict after it awarded the life sentence for a minimum period of 30 years without remission and a fine of Rs 90,000 to the accused Gnanasekaran, who has been convicted of sexually harassing a student on the Anna University campus in December last year.In a post on X, Tamil Nadu CM said the state police responded through action to those who merely pretend to care about women's safety."Tamil Nadu Police has responded...Read More

The Times of India - Entertainment Business - News Image
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EntertainmentBusinessJun 02, 2025 02:43 PM

Karnataka deputy CM DK Shivakumar declines to comment on Kamal Haasan's Kannada-Tamil row, says 'we ...

DK Shivakuamr NEW DELHI: Karnataka deputy CM DK Shivakumar on Monday refrained from commenting on Kamal Haasan's recent statement about the Kannada-Tamil language row and urged people not to politicise the issue.While talking to the reporters, Shiva kumar said,"Let's not make this a political issue. We are all neighbours. We all have to work together and live together. Our water goes to Tamil Nadu, and the people of Tamil Nadu come here. We are not enemies; we are all friends. I don't want to co...Read More

Deccan Chronicle - Business - News Image
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BusinessJun 02, 2025 02:42 PM

Telangana Govt. Is Working On Mission Mode To Play Pivotal Role In Developing India: Revanth Reddy

Hyderabad: The State government has envisaged plans to develop Telangana as a number one developed State in the country as well as in the world, said Chief Minister A Revanth Reddy here on Monday. "India is bracing for the centenary celebrations of the country's Independence in 2047. The State government is working in a mission mode to play a pivotal role in developing India," he said while participating as a chief guest during Telangana Formation Day celebrations organized at Parade Grounds he...Read More

The New Indian Express - Business - News Image
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BusinessJun 02, 2025 02:39 PM

Tesla not interested in manufacturing in India; focussing on showrooms for now: HD Kumaraswamy

MUMBAI: Elon Musk's Tesla is not interested in manufacturing in India, and all they are looking at right now is to showrooms in India, the Minister of Heavy Industries HD Kumaraswamy said here on Monday after announcing the guidelines for Scheme for Promotion of Manufacturing of Electric Passenger Cars in India (SMEC). Though he said once the application window for SMEC policy opens, the real intent of the companies will be known. The SMEC policy which meant for attracting investment from glob...Read More

NewsDrum - Business - News Image
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BusinessJun 02, 2025 02:32 PM

Mercedes Benz, Volkswagen-Skoda, Hyundai, Kia interested in making EVs in India: Minister

New Delhi, Jun 2 (PTI) Global automobile makers including Mercedes Benz, Skoda-Volkswagen, Hyundai and Kia have shown interest in manufacturing electric cars in India, Union Heavy Industries Minister H D Kumaraswamy said on Monday. The said companies have expressed interest during the stakeholder discussions between the government and the industry regarding the 'Scheme to Promote Manufacturing of Electric Passenger Cars in India', the detailed guidelines for which were unveiled by the minister....Read More

Free Press Journal - Business - News Image
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BusinessJun 02, 2025 01:56 PM

Sikkim Landslides: 3 Dead, 6 Security Personnel Missing & Over 1,200 Tourists Trapped As River Teest...

Chaten, Sikkim: A massive landslide struck North Sikkim's remote Chaten area on Sunday evening (June 1), leaving three people dead and six security personnel missing, according to a report by The Times of India. The disaster, which comes after days of heavy rain, has not only devastated local habitats but also stranded over 1,200 tourists in the Lachen and Lachung regions, prompting large-scale evacuation efforts led by both officials and local communities. Here are some visuals from the scene...Read More

Reuters - Business Technology - News Image
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BusinessTechnologyJun 02, 2025 01:45 PM

India's top miner tests local iron ore pricing; shift from global index, source says

NEW DELHI, June 2 (Reuters) - India's key iron ore producer NMDC (NMDC.NS), opens new tab is testing a new pricing formula for its output to shield its profits from the volatilities reflected in global benchmarks, a source with direct knowledge of the matter told Reuters. State-run NMDC, which sells its output locally, currently releases monthly iron ore prices linked to inventories, international prices and domestic market dynamics. The company plans to launch the new formula after initial tr...Read More

Northern Ireland News - Business - News Image
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BusinessMay 29, 2025 02:40 PM

Bagdogra (West Bengal) [India], May 29 (ANI): Prime Minister Narendra Modi on Thursday said improving connectivity remains one of the main achievements of his government, which has, over the past decade, ushered in a slew of rail and road projects, including in the Northeastern state of Sikkim. In his address delivered via videoconferencing at the Sikkim@50 event held at Gangtok's Palzor Stadium, the Prime Minister recalled a time when travel for education, healthcare, and employment was a majo...Read More

Northern Ireland News - Business - News Image
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BusinessMay 29, 2025 02:39 PM

NCB deports drug smuggling syndicate kingpin from Malaysia in transnational drug trafficking case

New Delhi [India], May 29 (ANI): In a major breakthrough, the Narcotics Control Bureau (NCB) has secured the deportation of a kingpin behind the trans-national drug trafficking syndicate from Malaysia on May 27, as part of a closely coordinated international operation involving both domestic and foreign law enforcement agencies (LEAs). According to an official statement, the deported accused had been absconding for a long time and was operating a major transnational cocaine smuggling syndicate ...Read More

Social News XYZ - Business - News Image
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BusinessMay 29, 2025 02:36 PM

SAIL records 16.5 pc rise in q4 net profit, declares Rs 1.60 dividend

New Delhi, May 29 (SocialNews.XYZ) Government-owned steel behemoth SAIL has recorded a standalone net profit of Rs 1,178 crore for the January-March quarter of 2024-25, which represents a 16.5 per cent increase over the corresponding figure of Rs 1,011 crore for the same quarter of the previous year. The company has proposed a final dividend of Rs 1.60 per share (face value Rs 10 per share) subject to the approval of Shareholders at the ensuing annual general meeting (AGM). SAIL's revenue from...Read More

NewsDrum - Business - News Image
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BusinessMay 29, 2025 02:36 PM

Ipca Laboratories Q4 net profit up 14 pc at Rs 68 cr

New Delhi, May 29 (PTI) Ipca Laboratories on Thursday said its consolidated net profit increased 14 per cent to Rs 68 crore in the fourth quarter ended March 31, 2025. The drug firm reported a net profit of Rs 60 crore during the January-March quarter of 2023-24 financial year. During the quarter, revenue from operations rose to Rs 2,247 crore as compared to Rs 2,033 crore in the year-ago period, Ipca Laboratories said in a regulatory filing. Net profit stood at Rs 738 crore for 2024-25 fisca...Read More

ETV Bharat News - Business - News Image
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BusinessMay 29, 2025 02:35 PM

Dhami Cabinet Approves Yoga Policy To Make Uttarakhand Global Wellness Capital

Dehradun: Pushkar Singh Dhami led Uttarakhand cabinet has approved Yoga Policy 2025 aimed at making it the state the global capital of yoga and wellness. The policy sets a target of establishing at least five new yoga hubs by 2030. Uttarakhand is often referred to as Devbhoomi or Abode of the Gods. It is also considered the land of India's spiritual and yoga tradition where spiritual gurus have done meditation for centuries. Rishikesh with several yoga ashrams located there is often referred to...Read More