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New Delhi, Jul 15 (PTI) The Indian economy is expected to grow at 6.5 per cent in the current financial year, despite geo-political tensions and trade policy uncertainties, Economic Advisory Council to the Prime Minister (EAC-PM) Chairman S Mahendra Dev said on Tuesday. In an interview with PTI, Dev further said that domestic growth will be driven by low inflation, resulting from good monsoon and benign interest rate regime, triggered by three back-to-back rate cuts by the Reserve Bank of India ...Read More >
Mumbai, Jul 15 (PTI) Stock markets snapped the four-day falling streak on Tuesday with the benchmark Sensex rebounding by 317 points on buying in auto and pharma shares amid a decline in retail inflation to a more than six-year low, nearing the RBI's comfort zone. The 30-share BSE Sensex climbed 317.45 points or 0.39 per cent to settle at 82,570.91. During the day, it jumped 490.16 points or 0.59 per cent to 82,743.62. The 50-share NSE Nifty edged higher by 113.50 points or 0.45 per cent to 25 ...Read More >
NEW DELHI, July 15 (Xinhua) -- Tesla, a U.S. automotive and clean energy company, opened its first showroom in India on Tuesday, marking the company's official entry into India's electric vehicle (EV) market. The inauguration of the showroom, located at Maker Maxity Mall in Bandra Kurla Complex in India's financial capital Mumbai, was attended by Maharashtra Chief Minister Devendra Fadnavis. As of now, Tesla will only sell its Model Y SUVs in India, with plans to expand to other models as sale ...Read More >
NEW DELHI -- NEW DELHI (AP) -- Tesla Inc. opened its first showroom in India on Tuesday, marking the electric vehicle maker's long-anticipated debut in the world's third-biggest automotive market. Located in the Bandra-Kurla Complex, an upscale business center in the financial capital Mumbai, the showroom will serve as Tesla's flagship retail and experience outlet as the company introduces its EV lineup to Indian customers. Tesla's entry to India comes after years of delays and policy friction ...Read More >
Mumbai: Benchmark indices Sensex and Nifty dropped in early trade on Monday amid selling pressure in IT stocks and foreign fund outflows. The 30-share BSE Sensex declined 232.93 points to 82,267.54 in early trade. The 50-share NSE Nifty dipped 71.4 points to 25,078.45. From the Sensex firms, Bajaj Finance, Infosys, Tech Mahindra, Bharti Airtel, HCL Tech and Asian Paints were among the biggest laggards. However, Trent, Axis Bank, Mahindra & Mahindra and NTPC were among the gainers. Foreign Insti ...Read More >
New Delhi, Jul 13 (PTI) Billionaire Anil Agarwal's mining conglomerate Vedanta Ltd nearly quadrupled its donations to the ruling Bharatiya Janata Party (BJP), contributing Rs 97 crore in the fiscal year ending March 2025, according to its latest annual report. Under "Miscellaneous Expenses', Vedanta detailed the political donations as well as the management and brand fee expenses it paid to its parent, London-listed Vedanta Resources Plc. Also Read | Kota Srinivasa Rao Dies at 83: Andhra Prade ...Read More >
New Delhi, Jul 13 (PTI) Billionaire Anil Agarwal's mining conglomerate Vedanta Ltd nearly quadrupled its donations to the ruling Bharatiya Janata Party (BJP), contributing Rs 97 crore in the fiscal year ending March 2025, according to its latest annual report. Under "Miscellaneous Expenses', Vedanta detailed the political donations as well as the management and brand fee expenses it paid to its parent, London-listed Vedanta Resources Plc. Political donations totalled Rs 157 crore in 2024-25, u ...Read More >
Amaravati: Andhra Pradesh IT and Human Resources Development Minister Nara Lokesh on Friday hailed the successful implementation of the state-wide 'Mega Parent-Teacher Meeting (PTM) 2.0' programme. Expressing gratitude to all stakeholders, he credited the collective efforts of government and private schools, colleges, education officials, staff, headmasters, teachers, students, parents, donors, alumni, public representatives, and officers from various departments for making the event a success. ...Read More >
Srinagar, Jul 11: Encash Automotive Pvt. Ltd., Authorized Dealership of Mahindra & Mahindra, on Friday unveiled the exciting new XUV 3XO REVX Series at its Athwajan Showroom.The chief guests on the occasion were Mr Tajamul Ahmad Qadri, Chief Manager (Marketing) J&K Bank and Mr Gaurav Gupta, Chief Manager SBI SME Hyderpora. The occasion was graced by the presence of dignitaries from J&K Bank, SBI, Mahindra Finance &Cholamandalam Finance.While unveiling the car,General Manager (PV Sales) of Encash ...Read More >
New Delhi: There is some important information for those in India related to electric vehicles (EVs) business and advanced technology. The country's leading auto company Mahindra & Mahindra and auto parts maker Uno Minda are now preparing to make rare earth magnets in India. These magnets are very important for electric motors, defense systems and electronic devices. Till now India was dependent on China for their supply, but this collaboration between Mahindra & Mahindra and Uno Minda will chan ...Read More >
New Delhi: Indian stock markets ended lower on Friday, weighed down by rising global trade tensions, following fresh tariffs imposed by US President Donald Trump on Canadian imports. Investor sentiment was also hit by a sharp selloff in IT stocks after Tata Consultancy Services (TCS) reported weaker-than-expected earnings for the first quarter (Q1) of FY25. The Sensex dropped 689.81 points, or 0.83 per cent, to close at 82,500.47. Similarly, the Nifty index slipped 205.4 points, or 0.81 per ce ...Read More >
Union Minister H. D. Kumaraswamy confirms an incentive scheme to ramp up domestic rare earth magnet production. Leading companies, including Mahindra & Mahindra, Uno Minda, and Sona BLW Precision Forgings, are eager to invest in local manufacturing facilities to support this strategic push. India has launched a Rs 1,345 crore incentive programme to enhance domestic production of rare earth magnets, aiming to reduce reliance on China. India's initiative responds to China's tightened export contr ...Read More >
NEW DELHI: Indian auto company Mahindra & Mahindra and parts maker Uno Minda are looking to make rare earth magnets locally to cut reliance on China, as New Delhi draws up incentives for production of the critical components, company and government sources told Reuters. China, which produces around 90% of the world's rare earth magnets, put restrictions in April on their export, and while it has restarted some supplies to the United States and Europe, Indian companies are still awaiting clearan ...Read More >
NEW DELHI, July 10 (Reuters) - Indian auto company Mahindra & Mahindra and parts maker Uno Minda are looking to make rare earth magnets locally to cut reliance on China, as New Delhi draws up incentives for production of the critical components, company and government sources told Reuters. China, which produces around 90% of the world's rare earth magnets, put restrictions in April on their export, and while it has restarted some supplies to the United States and Europe, Indian companies are st ...Read More >
Mumbai: Indian stock markets opened lower on Thursday as investors stayed cautious ahead of the quarterly results of IT giant Tata Consultancy Services (TCS). Both benchmark indices -- the Sensex and Nifty -- slipped in early trade. The 30-share BSE Sensex dropped 76.99 points to 83,461.90. Meanwhile, the 50-share NSE Nifty was down 23.15 points at 25,452.95. Caution Ahead of Earnings Season TCS is set to announce its Q1 earnings later in the day, officially kicking off the earnings season. I ...Read More >
Shimla (Himachal Pradesh) [India], July 9 (ANI): As part of the nationwide strike called by central trade unions and farmer organisations, workers across Himachal Pradesh joined protests at district and block headquarters, bringing public services to a near halt in several areas, including the state capital, Shimla. Braving heavy rains, hundreds of workers, including sanitation staff, health workers, bank employees, and anganwadi and midday meal workers, participated in demonstrations demanding ...Read More >
Mumbai, July 9 (SocialNews.XYZ) The Indian stock markets closed lower after a volatile session on Wednesday amid selling in the IT and metals stocks, especially in Vedanta and Hindustan Zinc. Sensex settled at 83,536.08, down 176.43 points or 0.21 per cent. The 30-share index opened in negative territory at 83,625.89 against the last session's closing of 83,712.51. However, it showed some volatility, hitting an intra-day high at 83,781.36 before closing. Nifty fell 46.40 points or 0.18 per cen ...Read More >
Mumbai, July 8: The Indian stock market closed in positive territory on Tuesday, inching up in a range of 0.3 per cent, as investors remained cautious ahead of the India-US trade deal which is likely to materialise soon. Sensex closed at 83,712.51, up 270.01 points or 0.32 per cent against the previous session's closing of 83,442.50. The 30-share index hit an intra-day high at 83,812.31 after starting the session in negative territory at 83,387.03. Nifty settled 61.20 points or 0.24 per cent hig ...Read More >
Mumbai, July 8: The Indian stock market closed in positive territory on Tuesday, inching up in a range of 0.3 per cent, as investors remained cautious ahead of the India-US trade deal which is likely to materialise soon. Sensex closed at 83,712.51, up 270.01 points or 0.32 per cent against the previous session's closing of 83,442.50. The 30-share index hit an intra-day high at 83,812.31 after starting the session in negative territory at 83,387.03. Nifty settled 61.20 points or 0.24 per cent hi ...Read More >
Gurugram, July 8: BMW Group India on Tuesday announced to appoint Hardeep Singh Brar as the President and Chief Executive Officer (CEO), effective from September 1. Brar succeeds Vikram Pawah who is taking charge as Chief Executive Officer of BMW Group Australia and New Zealand, the luxury automaker said in a statement. "India is among the fastest growing markets for BMW Group and an important pillar of our long-term success strategy for the region. Hardeep Singh Brar holds vast expertise and a ...Read More >
Mumbai: Equity benchmark indices Sensex and Nifty were trading marginally higher in the morning trade on Tuesday after a weak beginning as investors stayed on the sidelines ahead of the formal announcement of a trade deal with the US. Rally in Asian markets and fresh foreign fund inflows also helped markets recover the early lost ground, analysts said. After a muted start, the 30-share BSE Sensex further declined 121.55 points to 83,320.95 in early trade. The 50-share NSE Nifty dipped 37.15 poi ...Read More >
Mumbai, Jul 8 (PTI) Equity benchmark indices Sensex and Nifty were trading marginally higher in the morning trade on Tuesday after a weak beginning as investors stayed on the sidelines ahead of the formal announcement of a trade deal with the US. Rally in Asian markets and fresh foreign fund inflows also helped markets recover the early lost ground, analysts said. After a muted start, the 30-share BSE Sensex further declined 121.55 points to 83,320.95 in early trade. The 50-share NSE Nifty dip ...Read More >
HYDERABAD: A thriving underground network of non-duty paid liquor (NDPL) smugglers is working in tandem with private event organisers, causing an estimated ₹300 crore annual loss to the state exchequer. A recent crackdown by the excise department has unravelled the scale, sophistication, and spread of this illegal trade, particularly within the GHMC limits.In the past three weeks alone, excise officials have stumbled upon multiple NDPL smuggling routes, primarily from Haryana, Goa, and Karnataka ...Read More >
Mumbai, July 7 (SocialNews.XYZ) The Indian stock market ended flat on Monday as investors remained cautious amid uncertainty around the interim India-US trade deal. Sensex closed at 83,409.68, marginally up 9.61 points or 0.01 per cent. The 30-share index opened marginally lower at 83,398.08 against the last session's closing of 83,432.89. The index did not see much volatility as it touched an intra-day high at 83,516.83, a jump of 84 points. Similarly, Nifty settled flat at 25,461.30, up 0.30 ...Read More >
Tata Harrier EV vs Mahindra XUV 9e drag race: Two electric SUVs, one crazy acceleration showdown. Find out which one launches like a cheetah, the other like dial-up Wi-Fi. It's a clash of the titans of the electric vehicles sector as India's two flagship EV SUVs, the recently launched Tata Harrier EV AWD, against the Mahindra XEV 9e in a drag race. A video posted on YouTube gives us an idea of which EV has a slight advantage when it comes to acceleration. This also stands as a testament to how ...Read More >
New Delhi, July 5: Bajaj Auto has launched the updated 2025 versions of the Bajaj Dominar 400 and Bajaj Dominar 250 motorcycles in India. Both models come with enhancements to improve touring comfort and riding experience. The bikes now feature new electronics and new design features. Bajaj has also included advanced features like ride-by-wire technology on the Dominar 400 and ABS modes on the Dominar 250. The 2025 Bajaj Dominar models are equipped with several upgrades. Both bikes now come wit ...Read More >
Mumbai, July 5, 2025: Mahindra's Electric Origin SUVs have become the EV market leaders in India by value. Thanks to overwhelming customer trust and enthusiasm, one Mahindra electric SUV is sold every 10 minutes across the country. Building on this remarkable momentum, Mahindra is commencing deliveries of Pack Two for its acclaimed BE 6 and XEV 9e eSUVs from end-July at a compelling price of INR 21.90 Lakh. Responding to strong customer feedback, Pack Two will now have a 79 kWh battery option a ...Read More >
Mumbai, July 4 (SocialNews.XYZ) After witnessing a highly volatile session, the Indian stock market ended in green on Friday amid value buying in IT and banking stocks as talks progressed on the interim India-US trade deal. Touching an intra-day low at 83,015, the Sensex bounced back to end at 83,432.89, up 193.42 points or 0.23 per cent against the last session's closing of 83,239.47. Similarly, Nifty closed 0.22 per cent or 55.70 points higher at 25,461. "The Indian market is experiencing a ...Read More >
Mumbai: After witnessing a highly volatile session, the Indian stock market ended in green on Friday amid value buying in IT and banking stocks as talks progressed on the interim India-US trade deal. Touching an intra-day low at 83,015, the Sensex bounced back to end at 83,432.89, up 193.42 points or 0.23 per cent against the last session's closing of 83,239.47. Similarly, Nifty closed 0.22 per cent or 55.70 points higher at 25,461. "The Indian market is experiencing a pause as investors adopt ...Read More >
Mumbai (Maharashtra) [India], July 4 (ANI): In a major development, the Securities and Exchange Board of India (SEBI) has passed an interim order against the Jane Street Group, to impound Rs 4,843.57 crore of illegal gains by manipulating the securities market, particularly on expiry days of Bank Nifty options. Also Read | Weed Ban Returning in Thailand? As Thai Government Takes U-Turn on Decriminalization of Marijuana and Restricts Access, Know What the New Order Says on Cannabis. ANI spoke w ...Read More >
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