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February 21, 2025
Electronics export goal faces US tariff wall
The central government's ambitious target of reaching an electronics production value of $500 billion—of which $200 billion is expected to come from exports by 2030—could face a serious challenge due to the imposition of reciprocal tariffs on all countries announced by US President Donald Trump a few days ago.
2 mins
₹69K cr capex to fuel Suzuki's India growth engine
Suzuki Motor Corporation (SMC) has unveiled an ambitious road map for India, earmarking 1,200 billion yen (₹69,320 crore) for its subsidiary Maruti Suzuki India (MSIL) between FY26 and FY31.
3 mins
Govt readies steps ahead of likely trade deal with US
Engaging with various departments, apprising them of sector-specific dynamics
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2 mins
India's toy box opens: Retail giants roll dice on direct sourcing
Walmart, Target have Started sourcing Indian brands for the first time

2 mins
Vedanta seeks top talent for newly formed firms
Firm has seen slew of high-level exits
1 min
Burmans become Religare promoters
The Burman family on Thursday acquired control of Delhi-based financial services firm Religare Enterprises, and were designated as its promoters.
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1 min
Demerger gets approval from creditors and shareholders
Anil Agarwal-promoted Vedanta Ltd on Thursday informed the exchanges, its demerger related resolution has been passed by shareholders and creditors—both secured and unsecured, with requisite majority.
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1 min
India Among Largest Countries in Meta AI Adoption: India Head
Says over 4 million entities have used at least one of the firm's GenAI offers
2 mins
Google Eyes India for First Retail Store Outside US
Firm in advanced stage of finalising locations in New Delhi, Mumbai
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2 mins
Adani Group Touts Cash, Double-Digit EBITDA Growth to Reassure Investors
Adani group on Thursday said it has enough cash to service debt obligations, and that its business achieved record pre-tax profits in the 12-months ending December 2024 as it looked to reassure creditors and investors of a robust business profile.
1 min
PhonePe Kicks Off Preparations for Street Debut
IN THE IPO LANE
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1 min
Volkswagen Can't Play Victim on Tax Demand: Customs to Bombay HC
Skoda Auto Volkswagen India will have to fall in line and not play \"victim,\" the Customs department told the Bombay High Court on Thursday, justifying its $1.4 billion tax demand notice served on the firm for allegedly providing misleading information on imports.
1 min
EPC Companies Point Out Longer Payment Cycles for Water Projects
The country's engineering, procurement and construction (EPC) firms have highlighted longer payment cycles, and related working capital cycle deterioration in the water segment.
2 mins
IP, copyright laws, 'fair use' doctrine likely to be tested
Experts believe decision will define working, future of AI firms in India
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2 mins
Net ECB Borrowings Up 3-Fold at $15.6 Billion in Apr-Dec 2024
Net external commercial borrowing (ECB) by Indian entities, including non-banking finance companies (NBFCs), grew nearly three times to $15.6 billion during April-December 2024, as against the inflows recorded in the same period in 2023, showing gains from soft global interest rates and risk premium.
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1 min
Over 100K internships on offer in Phase-II
As part of the second pilot phase of the Prime Minister Internship Scheme (PMIS), interactive sessions are being held with youth in the age group of 21-24 in Maharashtra, Jharkhand, and Bihar to widen its reach.
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4 mins
Trying to get somebody else elected: Trump on Biden's $21 mn India aid
US President Donald Trump has once again questioned the Biden administration's decision to allocate $21 million to India for \"voter turnout,\" guessing that they were trying to \"get somebody else elected\".
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1 min
India's dependency on China upstream imports on the rise
India is becoming increasingly dependent on upstream imports from China for goods that are then exported to markets such as the US and Europe, according to McKinsey & Company's research on shifting patterns of global trade.
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2 mins
Kerala Eyes Major Deals as Investor Meet Begins Today
Kerala hopes to land \"credible and substantial investments\" during the two-day Invest Kerala Global Summit beginning Friday as over 3,000 delegates, including those representing global corporate players, are expected to descend on the state's port city Kochi.
1 min
Avg Customs duty brought down to nearly 11%: Govt
\"We are meeting ministries and are sensitizing them about the Prime Minister's visit, BTA, (proposed) reciprocal tariffs. We are trying to understand their pain points, good points, because if we have to do a bilateral trade agreement, we will have to work on these solutions. All ministries will need to be on the same page,\" one of the government officials said.
1 min
Reinsurance rates set to firm up in April
Following the company's third-quarter (Q3) earnings, RAMASWAMY NARAYANAN, chairman and managing director (CMD), GIC Re, spoke to Aathira Varier in Mumbai about the company's business strategy going forward while reflecting on its performance in the recently concluded quarter. Edited excerpts:
3 mins
RBI gets ₹1.87 tn bids for ₹40,000 cr OMO auction
Bond market expects more such auctions amid nine-week liquidity deficit
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2 mins
Gujarat unveils ₹3.7 tn Budget
Uttar Pradesh (UP) Finance Minister Suresh Khanna on Thursday presented a ₹8.08 trillion Budget for (FY26) in the state Assembly, with a focus on infrastructure, education, and agriculture.
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1 min
Robust revenue gives lever to new govt; surplus status may take a hit
Delhi remains one of India's most prosperous states, with its estimated per capita income at 2.8 times the national average in 2023-24.
2 mins
BJP's 'Delhi dream' takes shape at Ramlila Maidan
With drums beating since morning and loudspeakers belting out patriotic songs, the Bharatiya Janata Party's (BJP's) 27-year-long wait to form a government in Delhi for a second time ended on Thursday, when first-time legislator Rekha Gupta took oath as chief minister at Ramlila Ground.
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2 mins
G20 Foreign Ministers Meet Amid Tensions Over Trade, Ukraine
Foreign ministers from the G20 top economies met in South Africa on Thursday, amid tensions between members over the Ukraine war, trade disputes and with the top U.S. diplomat staying away owing to a feud with the hosts.
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1 min
US Refuses to Co-Sponsor UN Motion Backing Kyiv
The US is refusing to co-sponsor a draft UN resolution marking three years since Moscow's invasion of Ukraine that backs Kyiv's territorial integrity and condemns Russian aggression, three diplomatic sources told Reuters, in a potential stark shift by Ukraine's most powerful Western ally.
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1 min
Trump's attack on Zelenskyy leaves him with few options
Shifting Ground
3 mins
A Level Playing Field
War on spam calls for players to stop sparring and work together
2 mins
A crusader on the high road
In her searing and page-turning memoir I Am What I Am, Padma Shri awardee Sunitha Krishnan has shone the spotlight on a malign reality that society either ignores or accepts with a shrug: Prostitution.
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1 min
Making Budget 2025 reforms work
The FM has proposed some interesting regulatory reforms. The announcements need to be nuanced before implementation
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4 mins
A new orbit for India
India's space sector has been abuzz with remarkable achievements recently.
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3 mins
Equity markets' pain may worsen as economy, corporate profits slow
The nearly five-month-long slide in Indian equities could continue since the slowdown in corporate earnings growth and the exodus of foreign investors will persist as the world's fifth-largest economy sputters, fund managers and analysts said.
1 min
We expect more measures from RBI on liquidity front
The early February rate cut by the Reserve Bank of India (RBI) is likely to be followed by another reduction of 25 basis points (bps) by June 2025, believes DEEPAK AGRAWAL, chief investment officer, debt, at Kotak Mutual Fund. Agrawal, in an email interview with Abhishek Kumar, said actively managed duration funds could be considered by investors who can tolerate volatility, and medium-duration funds with a three-year tenor for those seeking less volatile portfolios. Edited excerpts:
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2 mins
Markets slide for third straight day
Smallcaps rally 3.8% in two sessions, driven by renewed buying interest in quality stocks
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2 mins
Data via depository apps to help curb fraud: Sebi chief
Securities and Exchange Board of India (Sebi) Chairperson Madhabi Puri Buch on Thursday said that data directly sourced from depositories will empower investors to identify and prevent fraudulent practices by intermediaries.
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1 min
Trump tariff, Tesla entry: Auto market in reverse?
NIKITA VASHISHT
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2 mins
The 'Linearisation' of Streaming
As OTTs rush for reach and scale, the online video business is becoming more like TV

5 mins
Adhere to code of ethics: Centre to OTT platforms
Advisory comes amid row over vulgar jokes on social media
1 min
THREE-FOURTHS OF COMPANIES INTEND TO HIRE FRESHERS IN H1 2025: TEAMLEASE EDTECH
FRESH TALENT IN FOCUS
1 min
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