Business

Latest business news and updates

ArcelorMittal Nippon Steel IndiaBusiness
Business·

ArcelorMittal Nippon Steel India secures first-ever strategic investment plan approval under PM-SETU

The approval marks the first-ever Strategic Investment Plan to be cleared under PM-SETU and makes Andhra Pradesh the first State to operationalize an industry partnership under the scheme.

Representative image (Photo/Pexels)Business
Business·

ConsumerX Ventures launches Rs 150-crore fund for early-stage consumer startups

According to the company, the fund aims to support founders during the initial stages of building their businesses, when access to institutional capital and operational support is often limited.

Germany’s Ambassador to India, Philipp Ackermann (Photo credit: DD)Business
Business·

"Need to get independent from fossil fuel”: German Envoy Ackermann

The German envoy said Germany is investing heavily in India, with nearly 2,000 German companies operating in the country and the number continuing to grow.

India signs MoU with Intel, 3DGS Inc (Photo credit:Pexels)BusinessBreaking
Business·

India partners with Intel, 3DGS Inc for $3.3 billion chip packaging facility

The project, with an estimated investment of approximately USD 3.3 billion, represents one of the largest high-technology manufacturing investments in the country.

Sujata Sharma, Joint Secretary, Ministry of Petroleum and Natural Gas (Photo:PIB)BusinessBreaking
Business·

India’s LPG production hits record high of 92 TMT per day: Petroleum Ministry

Addressing a press conference in the national capital, Sharma said that the Government maintains adequate stocks of diesel, LPG, natural gas, and crude oil, with all refineries operating at optimum levels.

Union Minister Piyush Goyal and Canada's Minister of International Trade Maninder Sidhu (Photo/X/Piyushgoyal)BusinessBreaking
Business·

India, Canada launch trade and investment forum to boost business ties

India and Canada also emphasized the importance of enhancing connectivity between the two countries — including people‑to‑people ties, business mobility, and direct commercial linkages — as essential enablers of expanded trade and investment.

US Treasury Secretary Scott Bessent (Photo credit/White House/YT)Business
Business·

Will oil prices cool down soon? US Treasury Secretary shares outlook

Now, US Treasury Secretary Scott Bessent has, to some extent, tried to answer the question around the stability of crude oil prices in the international oil market.

V-Green partners with ChargeZone (Photo/NewsEdition)Business
Business·

V-Green partners with ChargeZone to expand EV charging network across India

The first charging station under this partnership has been opened in Vadodara at Mangla Trade Hub, next to a VinFast dealership.

OMCs bleed Rs 550 crore daily on petrol, diesel & LPG salesBusinessBreaking
Business·

Despite 4 fuel price hikes, OMCs bleed Rs 550 crore daily on petrol, diesel & LPG sales

The Ministry of Petroleum and & Natural Gas said that It has been observed that Private Oil Marketing Companies are experiencing a decline of approximately 38% in HSD offtake during the current month, across both retail outlets and bulk customers due to higher rates fixed by them.

Online gaming, fantasy sports (Photo/Pexels)BusinessBreaking
Business·

SC upholds 28% GST on online gaming, fantasy sports platforms

The apex court ruled that when real money is involved in any game, it can be treated similarly to betting or gambling for taxation purposes. The court also clarified that merely calling a game “skill-based” does not exempt it from GST liability.

Byju Raveendran, the founder of edtech startup Byju'sBusiness
Business·

Byju Raveendran sentenced to 6 months in jail by Singapore court; calls case ‘pressure tactic’

Responding to the judgment, Ravindran said, "I am disappointed that the recent Singapore court matter has been pursued and reported in a manner that creates a misleading impression about me, especially at a time when all key parties have almost concluded the settlement discussions."

US trade team to visit New Delhi next week to finalise India deal: GreerBusinessBreaking
Business·

US trade team to visit New Delhi next week to finalise India deal: Greer

Speaking about ongoing discussions with New Delhi, Greer further stated that he may soon meet Union Commerce Minister Piyush Goyal to conclude negotiations.