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DOMESTIC MARKETS
Premier Energies plans to invest Rs 6,000 cr over 3 years in ingot, wafer bizPremier Energies is set to invest Rs 6,000 crore over three years to establish ingot and wafer manufacturing capabilities, aiming for full ...
Aluminium industry split over custom duties for scraps and finished productsIndia's aluminium industry is split over import duties. Primary producers, represented by the Aluminium Association of India (AAI), want st...
Gold’s sharp correction: What lies ahead for prices?Gold has corrected sharply from record highs as a stronger US dollar, elevated bond yields and expectations of prolonged higher interest ra...
US rally vs India story? Wealth managers explain why NRIs should stay the course for next 10 yearsDespite recent volatility, wealth managers believe NRIs should remain invested in India, citing strong structural growth, resilient domesti...
OMCs lost Rs 18.9/litre on diesel, ₹6 on petrol in Q1State-run oil companies faced significant losses in the April-June quarter, losing ₹18.9 per litre on diesel and ₹6 on petrol. This downtur...
India aims for $1 trillion exports this fiscal year, says Piyush GoyalIndia is targeting a monumental $1 trillion in exports this fiscal year, a significant leap from last year's $863 billion. Union Minister P...
Auto demand remains strong, but OEM margins may stay under pressure in H1 FY27Indian auto sector anticipates strong demand across all vehicle types, though automakers may see profit margins squeezed in early FY27. Who...
Cheaper oil, RBI support fail to lift rupee amid dollar demandThe Indian rupee weakened to 95.39 against the dollar on Thursday, despite lower oil prices and central bank support. Demand from foreign b...
Robust overseas show helps TVS emerge top 2-wheeler company in IndiaTVS Motor Company has achieved a significant milestone, becoming India's largest two-wheeler manufacturer by total monthly sales for the fi...
India can become net aluminium exporter with competitive production, says Karan AdaniIndia can become a major aluminium exporter if production costs are competitive, according to Karan Adani. Despite existing capacity, the n...
EVs to account for 10% of India's car market by FY28, says Tata Motors' Shailesh ChandraElectric cars are poised to capture nearly 10% of India's passenger vehicle market by the end of fiscal year 2027, according to Tata Motors...
Toyota Kirloskar Motor's June sales rise 7% on stronger domestic demandToyota Kirloskar Motor witnessed a robust 7% surge in total sales for June, reaching 31,016 units. This growth was fueled by an 8% rise in ...
Major automakers record strong June sales on steady domestic demand, rising exportsIndian auto manufacturers celebrated robust June sales, fueled by strong domestic demand and surging exports. Maruti Suzuki reported over 2...
IndiGo launches Lite fare with lower prices for cabin bag-only travellersIndiGo has introduced 'IndiGo Lite', a new budget-friendly Economy Class fare for travellers with just cabin baggage. This option, availabl...
SEZ job work, export schemes among issues discussed at stakeholder meetThe focus of discussions included synchronizing export mechanisms, facilitating rupee payments for services delivered to the Domestic Tarif...
Jet fuel price cut by Rs 5/litre as global oil prices easeA significant drop in jet fuel prices, by nearly Rs 5 per litre, brings welcome relief to Indian airlines. This reduction, driven by fallin...
Duty waiver on petrochemical products extended till July 15Indian manufacturers will continue to benefit from a full customs duty exemption on imported petrochemicals until July 15. This extension a...
Industry seeks payment in rupee for domestic supplies at maiden SEZ reforms stakeholder consultationSEZ developers are urging the government to allow domestic sales in Indian Rupees, citing subdued global demand. They also proposed job wor...
Tata Motors CV can cross 1 million vehicles after Iveco deal: N Chandrasekaran at AGMTata Motors Commercial Vehicles anticipates exceeding one million annual sales post-Iveco acquisition, projecting a global top-four ranking...
Domestic SIPs power India's market resilience amidst FPI outflows: HDFC SecuritiesIndia is experiencing a pivotal shift in its financial markets as domestic investors take the lead over foreign entities, enduring a three-...