Page 1832 - Latest News

India, Qatar likely to finalise trade pact by third quarter of 2026: Goyal

The minister is here for a two-day visit. He is leading a business delegation to increase trade and investments between the two countries

Sebi nod for Lenskart, Wakefit IPOs marks strong startup pipeline

Lenskart to raise ₹2,150 crore in fresh equity while Wakefit plans a ₹468-crore issue to fund new stores, marketing and capital expenditure

Indian pharma market grows 7.3% in September, chronic drugs gain traction

India's pharmaceutical market rose 7.3% year-on-year in September to ₹20,886 crore, driven by robust growth in antidiabetic, cardiac, and respiratory therapies

Hinduja Group firm IIHL Mauritius acquires 100% stake in Sterling Bank

With the acquisition, Sterling Bank has become a wholly-owned entity of Hinduja Group firm IIHL Mauritius, which is also the promoter of IndusInd Bank

Supreme Court to hear plea challenging constitutional validity of STT

A Supreme Court bench led by Justice JB Pardiwala sought the Centre's response to a plea alleging the Securities Transaction Tax violates equality and trade rights

India's oil demand to hit 9 mn bpd by 2050; coal to stay dominant: BP

BP projects India's oil demand to grow 80% by 2050 even as renewables surge; coal to retain over 40% share in the energy mix under current trajectory

NHRC issues notices to states over children's deaths linked to cough syrup

A batch of Coldrif cough syrup has been linked to multiple child deaths. Several states have banned its sale and authorities are probing the cases

Private sector banks see dip in market cap in Jul-Sep: S&P Global

Private sector lenders lost market cap in July-September 2025, dragged by trade tensions and tariff shocks, while PSU banks recorded double-digit gains

Chennai-based real estate firm Grand Housing files draft papers for IPO

The offering consists only of the offer-for-sale (OFS) component. The company's promoter, Vijay Surana J, will be selling about 3.55 crore of his shares with a face value of Rs 5 per equity share

Adani Green gets $250 million in first offshore loan since investigation

A group of four banks - DBS Bank Ltd., DZ Bank, Rabobank and Bank SinoPac Co Ltd - agreed to extend the credit

ICC convicts Darfur militia leader over past atrocities in Sudanese region

AbdAl-Rahman pleaded innocent to all 31 charges of war crimes and crimes against humanity when his trial opened in April 2022 and argued he was not the person known as Ali Kushayb

Ola Electric's ferrite motor gets nod, cuts rare-earth dependence

India's largest EV maker secures certification for a ferrite motor that removes rare-earth magnets, tackling cost and supply-chain challenges in electric mobility

Fifth Third, Comerica enter $10.9 bn deal to create ninth-largest US bank

Comerica shareholders will receive 1.8663 Fifth Third shares for each Comerica share, valuing the deal at $82.88 per share based on Fifth Third's closing price on October 3

Commercial real estate resilient in 2025 as housing sales slow down

Office and industrial leasing hit record highs in 9M 2025, led by GCCs and logistics demand, even as housing sales fall 20 per cent across top Indian cities

Uttar Pradesh govt shifts focus to smaller towns in industrial push

To bridge this gap, the UP State Industrial Development Authority (UPSIDA) has taken up the task for promoting an equitable industrial growth across the state

CCI suggests companies to perform self-audits of AI-based systems

The study also comes at a time when there are concerns about algorithmic collusion and AI-driven pricing strategies that may lead to price discrimination

RBI's Basel III norms to lower banks' capital requirement from 2027

RBI's revised Basel III norms, effective April 2027, to lower capital needs for banks with reduced risk weights on MSME and housing loans, boosting CET1 ratios

Electric vs petrol cars: Gadkari says prices to equalise within six months

Gadkari said India's heavy dependence on fossil fuels is both an economic strain and an environmental challenge, noting that the country spends ₹22 trillion annually on fuel imports

Bank of India's domestic advances rise nearly 15% to ₹5.96 trillion

Bank of India reports 11.8% growth in global business and strong gains in domestic lending, with retail term deposits up 14% year-on-year in September

Trump says US got $17 trn in new investments; real number likely lower

Under eight months of Trump, we've already secured commitments of $17 trillion coming in, the president said in a speech last month