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Tea growers in rain-soaked Bengal stare at heavy losses as production dips

Information from the tea belt is still trickling in, but industry officials say bushes have been lost in certain gardens, and infrastructure has sustained damage

McLeod Russel engaged with NARCL for debt resolution, eyeing revival: CMD

McLeod Russel CMD Aditya Khaitan said the company is working with NARCL on a debt resolution plan after lenders transferred loans, with hopes of restructuring in the next quarter

Durga Puja 2025: Corporate sponsorship up across West Bengal's 45K pandals

Corporate sponsorship for Durga Puja is buoyant in Kolkata with brands returning strongly, though retail sales show mixed trends across malls, shopping hubs and markets

ITC to continue Nepal investment plans in FMCG and hotels: Sanjiv Puri

ITC Chairman Sanjiv Puri said recent turmoil in Nepal will not affect the company's plans in FMCG and hospitality, with Surya Nepal and new hotels continuing expansion

Amit Mitra flags US tariff concerns, outlines Bengal's economic plan

At MCCI's annual general meeting in Kolkata, Amit Mitra voiced concern over US tariffs while highlighting Bengal's growth strategy and central tax devolution issues

Don't hesitate to invest more: FM Nirmala Sitharaman to India Inc

Finance Minister Nirmala Sitharaman asked industry to shed hesitation in investing and expand capacities while partnering with the government to skill youth for faster employment

US may cut tariff to 10-15%, penal duty likely to go: CEA Nageswaran

Chief Economic Advisor V Anantha Nageswaran said, according to his intuition, the penal tariff was unlikely to continue beyond November 30

JSW Group spreads wings across energy, cement, ports, paints and EVs

The journey from 1.6 mt of steel capacity in 2002 to 35.7 mt (including 1.5 mt in the US) has been driven by a mix of acquisitions and organic growth

Tata Consumer Products rolls out price cuts across many of its tea brands

Tata Consumer Products has reduced tea prices across brands as bulk rates ease, with margins set to recover by Q3 and plans to expand rural reach and premium portfolio

Jindal Steel International looks to buy Thyssenkrupp's German unit

thyssenkrupp AG confirmed that it has received a non-binding, indicative offer from Jindal Steel International for the purchase of thyssenkrupp Steel Europe

From Protests to choosing its leader: How social media is shaping Nepal

From mobilising the protests to choosing the interim prime minister - Discord, Bitchat became virtual control rooms

Kolkata leather units hit by US tariffs, eye UK and EU markets for relief

With US tariffs on leather products doubled to 50%, exporters in Kolkata face shrinking orders and margin pressure, while betting on UK and EU deals for recovery

Revenue loss? State govts build pressure on Centre after GST reform

Opposition-ruled states warn of steep annual losses; Centre assures higher consumption will offset revenue hit

It's time to get started, put money in deals: M&A financing opens up

Bank financing of M&As will be like any other business and only needs guardrails

Tea industry seeks minimum sustainable price amid imports, price fall

Indian Tea Association warns of existential threat to producers in Assam and West Bengal as falling prices, rising imports and US tariffs strain the country's tea industry

Weighed down by 50% US levy, Indian exporters recalibrate strategy

Vinod Kumar, president of the India SME Forum, said outreach to about 100,000 members has drawn 1,035 responses, with entrepreneurs already mapping ways to cope with the tariffs

Safeguard duty on steel: More than a safety net, but is it enough?

Can the safeguard duty on steel be more than a safety net, and is it enough when other countries are also stepping up to protect their interests?

Emami Agrotech enters branded staples market, targets ₹2K cr in 5 years

Emami Agrotech enters the ₹80,000 crore branded staples market with products like chakki atta, maida, and suji, targeting ₹2,000 crore in sales within 3-5 years

Kilburn Engineering signs pact with Komline-Sanderson for global projects

Kilburn Engineering will manufacture dryers and provide engineering services under a definitive agreement with Komline-Sanderson, boosting its global presence

JSW Steel, South Korea's Posco sign pact for steel plant in India

Both the steel makers signed non-binding heads of agreement (HoA) in Mumbai, according to a joint statement issued by the companies on Monday