India Trade Deficit: India’s trade deficit hits 5-month high as imports surge

India Trade Deficit: India’s trade deficit hits 5-month high as imports surge

NEW DELHI: India’s trade deficit widened to a five-month high of $30.4 billion as imports jumped 31% – the fastest pace of expansion in nearly four years – to $70.8 billion, although exports retained their momentum.Latest data released by the commerce department on Monday estimated that exports rose 15.4% to $40.4 billion, but it was … Read more

Renewable energy boost: Aditya Birla Group to buy Shell-backed Sprng Energy; deal worth $1.8 billion

Renewable energy boost: Aditya Birla Group to buy Shell-backed Sprng Energy; deal worth .8 billion

The final equity payment to Shell will be calculated after taking into account adjustments related to debt, cash and other items outlined in the transaction agreements. (AI image) Aditya Birla Renewables Ltd (ABRen), the renewable energy arm of Grasim Industries, has entered into an agreement to acquire Sprng Energy from Shell Overseas Investment BV in … Read more

Stocks to buy: What’s the outlook for Nifty for July 13-July 17 week? Check list of top stock recommendations

Stocks to buy: What’s the outlook for Nifty for July 13-July 17 week? Check list of top stock recommendations

Top stocks to buy today (AI image) Stock market recommendations: Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities recommends Indian Hotels Company, and Equitas Small Finance Bank as top stocks to buy for the July 13-July 17, 2026 week. Technical outlooks for Nifty, and Bank Nifty have also been shared: Stock recommendations Indian … Read more

10-Kg Lpg Cylinders: Oil companies plan expanding 10-kg LPG cylinder sales

10-Kg Lpg Cylinders: Oil companies plan expanding 10-kg LPG cylinder sales

NEW DELHI: State-run oil marketing companies are considering expanding the use of lightweight 10-kg LPG cylinders beyond domestic consumers, with the cylinders likely to be sold at commercial LPG rates if approved.The move could benefit migrant workers, tenants, students, street vendors, cafes and food kiosks that need LPG but lack space for larger 19-kg commercial … Read more

India-UK FTA opens doors, but tariff cuts alone won’t lift exports: GTRI

India-UK FTA opens doors, but tariff cuts alone won’t lift exports: GTRI

GTRI highlighted that tariff cut alone won’t raise exports unless certifications and logistic processes ease India’s free trade agreement with the UK may improve market access for exporters, but tariff cuts alone will not be enough to unlock its full export potential, according to the Global Trade Research Initiative (GTRI). The think tank stressed that … Read more

NSE Indices launches Nifty500 Ahimsa Index: From ‘ethical’ filters to screening, how the benchmark works

NSE Indices launches Nifty500 Ahimsa Index: From ‘ethical’ filters to screening, how the benchmark works

NSE Indices Limited announced the launch of Nifty500 Ahimsa Index based on ‘ethical’ practices NSE Indices Limited, the index services subsidiary of the National Stock Exchange (NSE), announced the launch of Nifty500 Ahimsa Index, a new thematic index that tracks companies from the Nifty 500 universe that align with the principles of “Ahimsa” or non-violence.The … Read more

Age-related discrimination could wipe out $500 billion in OECD productivity: Report

Age-related discrimination could wipe out 0 billion in OECD productivity: Report

With populations ageing faster than the workforce, the WEF-Marsh report warns that age-based discrimination is pushing experienced workers out of jobs. Ageing populations across Organisation for Economic Co-operation and Development (OECD) economies are emerging as one of the biggest workforce challenges over the next two decades, with age-related discrimination threatening to wipe out nearly $500 … Read more

Sebi clears IPOs of Zetwerk, Rentomojo

Sebi clears IPOs of Zetwerk, Rentomojo

BENGALURU: India’s startup IPO pipeline gathered further momentum on Friday as manufacturing platform Zetwerk, furniture rental company Rentomojo and defence technology firm Tonbo Imaging received Sebi approval for their proposed public issues.According to sources, Zetwerk plans to raise Rs 4,000-5,000 crore through its IPO. Source link

India building strategic oil reserves: ONGC board approves plan for 1.75-million-tonne storage capacity

India building strategic oil reserves: ONGC board approves plan for 1.75-million-tonne storage capacity

ONGC said the proposed facility, along with related infrastructure, will be developed as the Phase-I expansion of the existing strategic petroleum reserve at Mangaluru. (Reuters photo) As the world faces turmoil with the ongoing Middle East situation, state-run Oil and Natural Gas Corporation (ONGC) on Friday announced that its board has granted in-principle approval for … Read more