Page 238 - Latest News

FDI firms' net sales growth slows to 8.7% in FY25 from 9.4%: RBI data

With moderate growth in sales and rising expenses, operating profit growth slowed to 10.7 per cent in 2024-25 from 22.1 per cent in the previous year

LTTS Q4FY26 results: Profit rises 6.75% to ₹332 cr, revenue up 8.3% Y-o-Y

The company had reported a net profit of ₹311 crore in the March quarter of FY25

Tesla bets on ecosystem-first strategy to unlock India EV market

Tesla is prioritising charging, service and ownership ecosystem in India before scaling volumes, aiming to overcome structural barriers in the nascent EV market

India to buy urea at near double pre-war prices amid supply disruption

Urea from the West Asia, a major supplier to the South Asian nation, was quoted at $490 a ton before the war began, according to Green Markets data

India denies any payment to Iran for Hormuz passage, calls reports fake

The clarification came after two Indian vessels had to turn back from the Strait of Hormuz after Iranian forces fired upon them as they attempted to cross the crucial waterway on April 18

West Asia conflict prompted MPC status quo, flag external sector risks

RBI holds rates amid West Asia risks, as MPC flags inflation, supply shocks, and external pressures while maintaining a cautious growth outlook

Govt permits blending of synthetic hydrocarbons with aviation turbine fuel

India has expanded ATF norms to allow blending with synthetic hydrocarbons, supporting alternate fuels and reducing reliance on crude imports amid energy concerns

Eveready bets on alkaline batteries with India's first plant in Jammu

Eveready Industries has launched India's first alkaline battery plant in Jammu to boost its premium segment and tap export and private-label opportunities

MP raises rural land acquisition payout to four times market rate

The move is expected to directly benefit thousands of farming families whose land is acquired for public infrastructure and industrial projects

Cement firms may see up to 19% profit hit under carbon scheme: ICRA

ICRA said India's carbon trading scheme may raise costs over time, with cement firms facing up to 19 per cent profit hit as emission targets tighten

Apple's control-focused model may limit AI growth as Ternus takes over

For decades, the company's tightly managed ecosystem, spanning custom chips, proprietary operating systems and curated apps, delivered devices that were secure and easy to use

Global crypto exchange BitDelta launches India operations, plans hiring

BitDelta has launched India operations after registering with FIU-IND, planning a 100-member team and investing in security and infrastructure amid intense competition

Hormuz disruptions have direct implications for India: Rajnath Singh

Singh said this while addressing the German Parliamentary Standing Committee on Defence and Security on day one of his three-day visit to the country

RBI proposes measures to strengthen Prepaid Payment Instruments framework

Accordingly, a draft Master Direction on Prepaid Payment Instruments was issued, and comments were invited by May 22, 2026

IPL 2026: Vaibhav Sooryavanshi becomes youngest batter to reach 500 runs

At 15 years and 27 days, Vaibhav breached the 500-run mark, surpassing Prithvi Shaw for the record.

360 ONE Asset acquires 13% stake in Bengaluru office asset for ₹1,125 cr

360 ONE Asset has acquired a 13 per cent stake in Brookfield's Ecoworld office campus in Bengaluru for Rs 1,125 crore, marking a private entry into a yield-generating asset

MNRE plans wind power push in border areas, industry raises concerns

MNRE is working to enable wind projects in border areas, even as industry raises concerns over penalties, curtailment, and transmission delays affecting project viability

Andhra CM to lay foundation for ReNew's Rs 5,400 crore solar unit

Andhra Pradesh CM will lay the foundation for ReNew's Rs 5,400 crore solar manufacturing facility, aimed at strengthening domestic supply chains and clean energy capacity

MP farmers to get four times compensation for rural land acquisition

Madhya Pradesh will offer up to four times compensation for rural land acquisition, aiming to ensure fair value for farmers and support infrastructure and development projects

Razorpay integrates Google Pay for cross-border payments by exporters

Razorpay has integrated Google Pay for cross-border transactions, allowing Indian exporters to offer wallet-based checkout and improve payment success in global e-commerce