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38
BusinessAug 26, 2025 06:06 PM

Business News | Abbott Launches Next-Gen FreeStyle Libre® 2 Plus with Continuous Glucose Readings Ev...

Mumbai (Maharashtra) [India], August 26: Abbott, the global healthcare company, today announced the launch of the FreeStyle Libre 2 Plus sensor, Abbott's latest addition to the FreeStyle Libre sensor portfolio. This innovative device offers automatic glucose readings every minute straight to your phone, empowering people with diabetes to manage their condition with confidence, precision, and ease. People living with diabetes can see their glucose readings, without having to scan, and receive ale...Read More

mint - Business - News Image
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BusinessAug 26, 2025 06:06 PM

Rapido's bike-taxi empire is under fire. Its bet: biryani, cabs and credit

New Delhi: These days, Rajesh, who used to be a bike-taxi rider with Rapido, no longer ferries passengers across Bengaluru. With the two-wheeler service being declared illegal, he like other Rapido riders, has switched to food-delivery, a play Rapido is testing with its newly launched Ownly service. "I do this at night while attending college in the morning," Rajesh adds. "I use the same bike -- it's convenient, and the extra cash helps cover my expenses." He is unsure if Rapido will be able t...Read More

The New Indian Express - Business - News Image
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BusinessAug 26, 2025 06:04 PM

LPG under-recoveries fall 35% in Q1 to Rs 7,940 crore

MUMBAI: The LPG under-recovery of state-owned oil marketing companies (OMCs) saw a sharp 35% reduction -from Rs 220 a cylinder to Rs 160 in the first quarter totalling Rs 7,940 crore from the previous quarter, essentially due to the Rs 50 per cylinder price hike announced in April coupled with some moderation in the sourcing cost, says a report. OMCs faced significantly high LPG under-recoveries to the extent of Rs 220/cylinder in FY25 to Rs 160, as the higher sourcing cost could not be passed ...Read More

NewsDrum - Business - News Image
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BusinessAug 26, 2025 06:02 PM

Readymade garment industry growth to halve to 3-5 pc in FY26 on US tariff headwinds: Report

Mumbai, Aug 26 (PTI) India's readymade garment industry's revenue growth is expected to almost halve to 3-5 per cent this financial year, as the US imposes 50 per cent tariffs on its imports from India, which will become effective from August 27, 2025, a report said on Tuesday. Readymade garment (RMG) exports totalled USD 16 billion last fiscal, which accounted for 27 per cent of the sector's total revenue, Crisil Ratings said in a report. A third of the exports were to the US, and the 50 per ...Read More

NewsDrum - Business - News Image
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BusinessAug 26, 2025 06:01 PM

Office REITs hold 133 mn sq ft portfolio with scope to add further 371 mn sq ft: Colliers

New Delhi, Aug 26 (PTI) India's Real Estate Investment Trust (REIT) market is gaining momentum with nearly 140 million sq ft of office and retail real estate already in the portfolio of five trusts listed on stock exchanges, according to Colliers India. Real estate consultant Colliers India noted that the REIT market in India is "steadily progressing from a 'nascent' to 'early growth' stage. Stating that around 500 million sq ft of office assets are REIT-worthy, the consultant said the four li...Read More

mint - Business - News Image
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BusinessAug 26, 2025 06:00 PM

TCS inks 1.4 million sq ft office lease deal in Bengaluru business park | Company Business News

Bengaluru: Tata Consultancy Services (TCS) has leased 1.4 million sq ft at 360 Business Park in suburban Bengaluru's Electronic City, in one of the largest office lease transactions this year. The information technology (IT) giant has taken space in two under-construction office towers on a 15-year lease. TCS will pay a ₹112 crore deposit and a monthly rent of ₹9.31 crore. With a 12% rental escalation every three years, the company will pay over ₹2,000 crore in rent over the entire tenure, as p...Read More

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BusinessAug 26, 2025 05:59 PM

Gold jumps Rs 600 to Rs 1,00,770/10 g, silver rallies Rs 3,000

New Delhi, Aug 26 (PTI) Gold prices jumped by Rs 600 to Rs 1,00,770 per 10 grams in the national capital on Tuesday, supported by a weak rupee and firm global trends, according to the All India Sarafa Association. The precious metal of 99.9 per cent purity had closed at Rs 1,00,170 per 10 grams on Monday. Gold of 99.5 per cent purity climbed Rs 500 to Rs 1,00,400 per 10 grams (inclusive of all taxes) from the last close of Rs 99,900 per 10 grams. Silver prices rallied by Rs 3,000 to revisit t...Read More

NewsDrum - Business - News Image
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BusinessAug 26, 2025 05:59 PM

CM Adityanath announces assured minimum wages for UP workers

Lucknow, Aug 26 (PTI) Chief Minister Yogi Adityanath on Tuesday said there will be guaranteed minimum wages for all working youths in Uttar Pradesh, making it the first state with such an initiative in the country. Adityanath said companies must pay their employees fairly, while the state government will bear any additional burden, ending any scope of worker exploitation. Inaugurating the three-day "Rozgar Mahakumbh 2025" in Lucknow, the chief minister said labour laws are being modernised to ...Read More

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BusinessAug 26, 2025 05:57 PM

Sensex tumbles 849 pts amid widespread selloff; ends below 81K ahead of additional 25 pc US tariffs

Mumbai, Aug 26 (PTI) Benchmark BSE Sensex tumbled 849 points to close below the 81,000 level on Tuesday due to widespread selling pressure after the US issued a draft notice on the implementation of an additional 25 per cent tariff on Indian products. The 30-share BSE Sensex tumbled 849.37 points, or 1.04 per cent, to close at 80,786.54 with 25 of its constituents ending lower and five with gains. During the day, the index nosedived 949.93 points, or 1.16 per cent, to hit a low of 80,685.98. T...Read More

Free Press Journal - Business - News Image
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BusinessAug 26, 2025 05:54 PM

Mumbai Real Estate News: Anil Kapoor And Son Harsh Varrdhan Buy ₹5 Crore Apartment In Bandra West's ...

Mumbai: Bollywood actor Anil Kapoor, along with his son Harsh Varrdhan Kapoor, has bought an apartment in Bandra West, Mumbai, for Rs 5 crore, according to property registration documents reviewed by real estate marketplace squareyards.com on the website of Inspector General of Registration (IGR) https://igrmaharashtra.gov.in. The transaction was registered in August 2025. Upscale Bandra West Location Bandra West is recognized as one of Mumbai's most established and high-value real estate mark...Read More

News18 - Business - News Image
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BusinessAug 26, 2025 05:52 PM

India's wind energy capacity likely to reach 107 GW by 2030: GWEC

New Delhi, Aug 26 (PTI) India's wind energy capacity is estimated to reach 107 GW by 2030, compared to the government target of 100 GW, according to a report by the Global Wind Energy Council (GWEC) released on Tuesday. The latest report, Wind at the Core: Driving India's Green Ambitions and International Influence, was unveiled in the presence of New & Renewable Energy Secretary Santosh Kumar Sarangi. The report details how installed wind capacity in India can more than double from 51 GW at p...Read More

mint - Business - News Image
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BusinessAug 26, 2025 05:51 PM

US tariffs threaten to slow Indian garment sector's growth, hit profitability

Mumbai: Revenue growth of the domestic readymade garment (RMG) industry is projected to slow to 3-5% this fiscal year, after the US imposed a steep 50% duty on India's imports to the world's largest economy. The tariffs, which take effect from Wednesday, could crimp profitability of garment makers, likely straining their financial health, according to a note from ratings agency Crisil released on Tuesday. The impact will vary, hitting some firms harder than the others, especially those that ge...Read More

Free Press Journal - Business - News Image
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BusinessAug 26, 2025 05:50 PM

Gujarat High Court Lawyers Protest Supreme Court Collegium's Transfer Of Justice Sandeep Bhatt

Ahmedabad: A storm has erupted in Gujarat's legal circles after the Supreme Court Collegium recommended the transfer of 14 High Court judges, including Justice Sandeep N. Bhatt and Justice C.M. Roy from the Gujarat High Court. The move has triggered strong opposition from the Gujarat High Court Advocates Association (GHCAA), which has announced an indefinite strike to protest against the decision. According to sources, Justice Sandeep N. Bhatt has been proposed to be transferred to the Madhya P...Read More

Social News XYZ - Business - News Image
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BusinessAug 26, 2025 05:47 PM

India's wind capacity likely to double to 107 GW by 2030: Report

New Delhi, Aug 26 (SocialNews.XYZ) India has emerged as the world's third-largest wind equipment manufacturing hub, positioning it to meet 10 per cent of global demand, according to a report released by the Global Wind Energy Council (GWEC) on Tuesday. The report details how India's installed wind capacity can more than double from 51 GW to 107 GW by 2030, in line with state-level Resource Adequacy Plans (RAP). This is pivotal to help India achieve the least cost pathway for a successful energy...Read More

LatestLY - Business - News Image
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BusinessAug 26, 2025 05:47 PM

Landslide at Vaishno Devi: Landslide Hits Adhkwari Cave Temple in Jammu and Kashmir, Rescue Operatio...

Katra, August 26: A landslide occurred near Inderprastha Bhojnalaya at Adhkwari cave temple located on the way to the Vaishno Devi shrine in Jammu and Kashmir, the Shri Mata Vaishno Devi Shrine Board (SMVDSB) said on Tuesday. Some injuries are feared, and rescue operations are underway with the deployment of necessary manpower and machinery. In a post shared on X, the Shrine Board stated, "A landslide incident has occurred near Inderprastha Bhojnalaya at Adhkwari, some injuries are feared. Rescu...Read More

NewsDrum - Business - News Image
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BusinessAug 26, 2025 05:42 PM

Day before additional 25 pc US tariffs, PM makes pitch for swadeshi, Make in India

Ahmedabad, Aug 26 (PTI) A day before US President Donald Trump's additional 25 per cent tariff kicks in, Prime Minister Narendra Modi on Tuesday made a vehement pitch for swadeshi and Make in India that should help create jobs in the country. Swadeshi should be everyone's life mantra and irrespective of who is investing, production must take place domestically, Modi asserted on a day when Japan's Suzuki Motor Corporation committed to invest over Rs 70,000 crore in the country in the next five t...Read More

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BusinessAug 26, 2025 05:38 PM

Business News | Indices Tumble After Trump Administration Move to Implement Secondary Tariff on Indi...

Mumbai (Maharashtra) [India], August 26 (ANI): The Indian stock market on Tuesday witnessed a sharp sell-off after the Trump administration issued a notification to impose an additional 25 per cent tariff on Indian imports. The secondary tariffs will come into effect from August 27 and take the total tariff on Indian goods to 50 per cent. Stock markets traded under pressure today and slipped below crucial support levels, derailing the recent recovery momentum. Also Read | Trump's 50% Tariff Ta...Read More

LatestLY - Business - News Image
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BusinessAug 26, 2025 05:37 PM

India News | UP CM Yogi Inaugurates 'Rozgar Mahakumbh 2025' in Lucknow; Assures Minimum Wages for Yo...

Lucknow (Uttar Pradesh) [India], August 26 (ANI): Inaugurating the three-day "Rozgar Mahakumbh 2025" in Lucknow on Tuesday, Chief Minister Yogi Adityanath announced that every youth employed in Uttar Pradesh will be assured minimum wages, ending any scope for worker exploitation. He said companies must pay their employees fairly, while the state government will bear any additional burden. This initiative, he stressed, will guarantee dignified employment, job security, and complete protection of...Read More

NewsDrum - Business - News Image
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BusinessAug 26, 2025 05:34 PM

Heavy rains disrupt rail traffic in Jammu region, 18 trains cancelled

Jammu, Aug 26 (PTI) The Northern Railway has cancelled 18 trains to and from Katra, Udhampur and Jammu railway stations on Tuesday as relentless heavy rain wreaked havoc in the Jammu region, officials said. The Jammu region has been experiencing its heaviest rainfall in decades since Monday night, which damaged bridges, disrupted road connectivity and inundated large tracts of land, forcing people to shift to safer areas. The traffic on the Jammu-Srinagar and Kishtwar-Doda national highways wa...Read More

The New Indian Express - Politics Business Other - News Image
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PoliticsBusinessOtherAug 26, 2025 05:34 PM

One-third school students take pvt coaching, trend more common in urban areas: Centre's survey

New Delhi, Aug 26 (PTI) Nearly one-third of school students take private coaching and the trend is more common in urban areas, the Centre's Comprehensive Modular Survey (CMS) on education has found. The survey noted that government schools play a pivotal role in providing education across India, accounting for 55.9 per cent of total enrolments. "It is higher in rural areas, where two-thirds (66.0 per cent) of students are enrolled, in comparison to urban areas (30.1 per cent). The private unai...Read More

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BusinessAug 26, 2025 05:33 PM

Oberoi group Tirupati land swap done to safeguard interest of investors, religious sentiments: TDP

Tirupati (Andhra Pradesh), Aug 26 (PTI) Refuting the allegations made by the YSRCP on land allocation to Oberoi Hotels here, TDP national spokesperson Jyothsna Tirunagari on Tuesday said it was the previous regime which allotted land to the Hotels chain in 2021. Dismissing the charges made by senior YSRCP leader B Karunakar Reddy that Chief Minister N Chandrababu Naidu "conspired" to hand over valuable TTD property to Oberoi Hotels, the TDP leader alleged that former CM Jagan Mohan Reddy is cre...Read More

Ommcom News - Business - News Image
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BusinessAug 26, 2025 05:33 PM

Maruti Suzuki's Gujarat Plant A True Example Of 'Make In India, Make For World': Chairman | Nation

Ahmedabad: Calling it a true example of "Make in India, Make for the World," Maruti Suzuki Chairman R.C. Bhargava on Tuesday said the company's Gujarat plant is being developed into a global hub as Prime Minister Narendra Modi flagged off the first batch of the company's electric SUV, 'e-Vitara', and inaugurated India's first lithium-ion battery cell plant at Hansalpur here. Speaking to reporters, Bhargava said the Prime Minister's encouragement has infused fresh energy into the company. "Toda...Read More

NewsBTC - Business - News Image
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BusinessAug 26, 2025 05:32 PM

Sleepless In Crypto: $900-M Liquidated Amid Bitcoin's Steep Fall

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. A significant plunge in the crypto market has sent shockwaves across the industry over the last 24 hours, leaving a trail of liquidations in its wake. Around 200,000 traders were forced out of their positions as Bitcoin plunged to a seven-week low, wiping out more than $900 million in liquidations over a single day. According to CoinGlass, most of those losses came from long bets...Read More

Ommcom News - Business - News Image
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BusinessAug 26, 2025 05:32 PM

Centre Allocates Over Rs 240 Cr To Odisha Panchayati Raj Institutions | Odisha

Bhubaneswar: Odisha has been allocated Rs 240.8149 crore under the 15th Finance Commission (XV FC) Untied Grants for rural local bodies during the financial year 2025-26. The funds will cover 6,085 eligible Gram Panchayats and 63 Block Panchayats across the state, the Centre announced on Tuesday. Alongside Odisha, Mizoram and Tripura have also received allocations. Mizoram has been granted Rs 14.27 crore for 827 eligible village councils as part of the 2023-24 grants, while Tripura has received...Read More

News18 - Business Sports Politics Technology - News Image
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Suzuki Motor will invest $8bn in India to begin EV production

HANSALPUR, India (Reuters) -- Japan's Suzuki Motor will invest 700 billion rupees ($8 billion) in India over the next five to six years, its chairman said on Tuesday, as production began on the automaker's first electric vehicle. Suzuki is aiming to defend its lead in the world's third-largest car market, which is also its biggest market by sales and revenue through its majority stake in Maruti Suzuki India will be the global production hub for Suzuki Motor's electric cars, with plans to expor...Read More

News Nation English - Business - News Image
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BusinessAug 26, 2025 05:24 PM

UP CM Yogi inaugurates 'Rozgar Mahakumbh 2025' in Lucknow; assures minimum wages for youth

Lucknow (Uttar Pradesh) [India], August 26 (ANI): Inaugurating the three-day Rozgar Mahakumbh 2025 in Lucknow on Tuesday, Chief Minister Yogi Adityanath announced that every youth employed in Uttar Pradesh will be assured minimum wages, ending any scope for worker exploitation. He said companies must pay their employees fairly, while the state government will bear any additional burden. This initiative, he stressed, will guarantee dignified employment, job security, and complete protection of w...Read More

News Nation English - Business - News Image
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BusinessAug 26, 2025 05:23 PM

Indices tumble after Trump administration move to implement secondary tariff on Indian goods, Sensex...

Mumbai (Maharashtra) [India], August 26 (ANI): The Indian stock market on Tuesday witnessed a sharp sell-off after the Trump administration issued a notification to impose an additional 25 per cent tariff on Indian imports. The secondary tariffs will come into effect from August 27 and take the total tariff on Indian goods to 50 per cent. Stock markets traded under pressure today and slipped below crucial support levels, derailing the recent recovery momentum. At the end of the trading session...Read More

News Nation English - Business - News Image
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BusinessAug 26, 2025 05:23 PM

"India fully capable of safeguarding maritime boundaries": Rajnath Singh at commissioning of stealth...

Visakhapatnam (Andhra Pradesh) [India], August 26 (ANI): Defence Minister Rajnath Singh on Tuesday said India is fully capable of safeguarding its maritime boundaries and is prepared to respond swiftly and decisively under any circumstances. He was speaking at the commissioning ceremony of two indigenously built multi-mission stealth frigates, INS Udaygiri and INS Himgiri, in Visakhapatnam. I express my heartfelt appreciation to all those who, with complete dedication, are engaged in the servic...Read More

Devdiscourse - Business - News Image
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BusinessAug 26, 2025 05:18 PM

Market Turmoil: U.S. Tariffs Trigger Indian Stock Plunge | Business

Indian stock markets plummeted after the U.S. announced a 25% tariff on Indian imports. The Nifty 50 fell 255.70 points and the BSE Sensex dropped 849.37 points. Analysts highlight broad market weakness and pressure, particularly in banking. With tariffs effective August 27, volatility is anticipated. The Indian stock market experienced a significant downturn on Tuesday following a notification from the Trump administration about a 25% tariff on Indian imports. This increase will take total tar...Read More

mint - Business - News Image
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BusinessAug 26, 2025 05:16 PM

Lucky escape! Bengaluru metro guard falls onto tracks at Ragigudda station, video goes viral | Today...

Bengaluru: A Bengaluru metro security guard had a close save at the Ragigudda station, after he fell onto the metro tracks. He quickly climbed back, along with the help of a commuter waiting at the station. The incident which was caught on camera - occurred on the newly launched Yellow Line of the Bengaluru metro. The guard was deployed at platform number two of the Ragigudda metro station, when he slipped and fell on the electrified train track, reported The Hindu. A close look at the securit...Read More