Category: business

India, North Macedonia Move to Deepen Economic Partnership

New Delhi, July 21: India and North Macedonia have agreed to strengthen economic cooperation and explore new opportunities to expand bilateral trade and investment ties. Pic Credit:  https://x.com/rashtrapatibhvn The discussions focused on enhancing collaboration across key sectors, promoting business partnerships, and creating a more favourable environment for economic engagement...

India’s Growth Story Continues to Inspire Investor Confidence

New Delhi, July 21: Investors continue to remain optimistic about India’s economic growth prospects, supported by strong policy measures, structural reforms, and a favourable business environment, according to a report. The report highlighted that India’s growth narrative remains attractive for investors, with confidence driven by policy stability, improving economic...

Textile Sector Gains Momentum as PLI Scheme Attracts INR 8,118 Crore Investment

New Delhi, July 21: India’s textile sector has received a major boost with the Production Linked Incentive (PLI) Scheme attracting investments of ₹8,118 crore and generating over 33,400 employment opportunities, the Centre said. The scheme has played a key role in encouraging investments in high-value textile segments, including man-made...

Adani Energy Solutions Posts Robust Q1 Growth

Mumbai, July 21: Adani Energy Solutions Ltd (AESL) has reported a strong financial performance for the first quarter, with its consolidated net profit more than doubling to ₹1,149 crore, supported by improved operational performance and business growth. The company’s revenue increased by 42 per cent during the quarter, reflecting...

Maruti Suzuki Revises Car Prices, New Rates to Take Effect from August

New Delhi, July 21: Maruti Suzuki India has announced a price revision across select vehicle models, with increases of up to ₹30,000 set to take effect from August, citing rising input costs and operational expenses. The company said the price adjustment is part of its ongoing efforts to offset...

Arvind Fashions Reports 24 pc Decline in Q1 Profit Amid Market Challenges

New Delhi, July 21: Fashion and lifestyle retailer Arvind Fashions, which manages brands including Arrow, Calvin Klein, and Tommy Hilfiger, reported a 24 per cent decline in its first-quarter profit, reflecting challenges in the current market environment. The company’s performance was impacted by changing consumer demand, competitive pressures, and...

FCNR-B Inflows May Reach Dollar 70 Billion, Easing Bank Liquidity Concerns

New Delhi, July 21: India’s banking sector may see improved liquidity conditions as inflows through Foreign Currency Non-Resident (FCNR-B) deposits are projected to increase significantly, with estimates suggesting they could reach up to $70 billion. The expected rise in FCNR-B deposits is likely to provide banks with additional foreign...

Government Plans Simplified Export Rules to Support Small Businesses and Boost Trade

New Delhi, July 21: The government is considering easing export-related regulations to support small exporters and help them expand their presence in global markets. The proposed changes aim to simplify compliance procedures, reduce operational challenges, and make it easier for small businesses to participate in international trade. The move...