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India might cut or abolish wheat import tax: Food Secretary Sanjeev Chopra

India in June imposed a limit on the amount of wheat stocks traders can hold, for the first time in 15 years, to bring down prices

World rice price index jumps to near 12-year high in July, says FAO

The United Nations food agency's rice price index rose 2.8% in July from a month ago to their highest level in nearly 12 years as prices in key exporting countries jumped on strong demand

Air India CEO meets antitrust chief on pending Vistara merger: Report

The Competition Commission of India has been scrutinising the planned merger of Air India, which Tata Group took over last year, with Vistara, a joint venture between Tata and Singapore Airlines

Centre to consider delaying import licence order for laptops, tablets

The move was aimed at addressing the trade imbalance with China, another government official, the report said

CESC reports more than 21% rise in Q1 profit on strong power demand

Revenue from operations rose 5.07% at Rs 4310 crore, while total expenses rose 6.61% to Rs 4194 crore

Alembic Pharma Q1 consolidated profit rose to $14.6 mn on strong sales

Indian drugmaker Alembic Pharmaceuticals posted first-quarter profit on Friday, boosted by strong sales in its domestic and US markets

Applied Materials to bring its global suppliers to set operations in India

India is a key market for US-based Applied Materials where the firm plans to invest $400 million over coming years in a new engineering centre in the tech hub of Bengaluru

Corporate Affairs ministry examines Sebi's allegations against Zee Ent

However, the MCA has not issued an inspection order, the report added

FPI inflows hit 11-month high in July, lift benchmarks to fresh highs

This is the highest monthly FPI inflows since August 2022

Adidas gets $437 mn from selling Yeezy shoes, will benefit anti-hate groups

Adidas said it now expected currency-neutral revenues to decline at a mid-single-digit rate in 2023, from the high-single-digit rate previously estimated.

Tensions high on Nato's border with Belarus as Wagner troops move closer

. "Underestimating the activities of Wagner group would be a mistake," Siewiera told Wprost newspaper.

Tesla discusses India plans with commerce minister Goyal in Delhi -sources

Tesla has expressed an interest in building a factory in India that would produce a low-cost electric vehicle (EV) priced at $24,000, around 25% cheaper than Tesla's current entry model

KEC International posts bigger-than-expected Q1 profit on strong demand

Consolidated profit for RPG Group's flagship company rose 36.5% to Rs 42.3 crore ($5.11 million)

India's booming construction sector could add 30 mn jobs by 2030: Report

Improving business sentiment and conducive policy measures have boosted domestic and global investor interest in construction, India's second largest employer after farming

India's rice stocks at three times target, easing supply concerns

Coupled with the new season crop that is due to start trickling into the market by October, the surplus will raise market hopes of New Delhi relaxing a recent export ban

Rupee hits over two month low tracking Asian peers; RBI caps losses

The rupee ended at 82.7225 against the dollar, down 0.2% compared with 82.5825 on Wednesday

Apollo's second-quarter earnings surge 75% on upbeat annuities business

Adjusted net income rose to $1 billion, up from $576 million a year earlier. That translated to an adjusted net income per share of $1.70, which exceeded the average analyst forecast

Blue Star Q1 profit rises over 12% on robust sales, revenue up 12.6%

BENGALURU (Reuters) - Indian air conditioner maker Blue Star on Thursday reported an over-12% rise in first-quarter profit, as a warmer summer led to a rise in sale of air conditioners

Pepsi India bottler Varun Beverages posts profit growth on steady volumes

The company, which also sells Aquafina packaged bottled water, said its consolidated revenue from operations grew 13.60 per cent to Rs 5,700 crore year-on-year

Govt restricts import of laptops, computers to push local manufacturing

"Their import would be allowed against a valid licence for restricted imports," the notice said