Business

Representative image (AI-image) Medical product manufacturers face potential supply disruptions due to new steel ministry regulations, which require raw materials used in steel products to meet Indian standards.Industry leaders expressed concerns about their inability to comply with the latest rules that mandate BIS certification for imported raw materials like hot rolled steel and ingots. Previously,…

India’s electronics sector could face a major hit, with potential losses of $20-30 billion in future business opportunities due to US tariffs, which may expand to include semiconductors, according to industry experts and company executives. Despite Apple and Samsung likely receiving tariff exemptions, including 100% semiconductor tariffs, due to their planned US investments and existing…

Gold rate today: Market experts attribute the upward movement in precious metals to risk-averse investment strategies and global economic uncertainty. (AI image) Gold rate today: MCX gold October futures reached a historic peak of Rs 1,02,191/10 grams on Friday, influenced by uncertainties surrounding US trade tariffs and increased purchases by global central banks seeking safe-haven…

The data collected by Starlink’s satellite internet operations in India, including network information and traffic details, will be stored within the country, as stated by Communications Minister of State Chandra Sekhar Pemmasani in Parliament on Thursday. He clarified in the Rajya Sabha that domestic user traffic will remain within national boundaries and won’t be copied…

Indian exporters were in shock after Trump announced 50% tariffs (AI-generated image) US buyers frantically contacted Indian exporters throughout Wednesday night, delivering unsettling news. Orders faced suspension or cancellation following US President Donald Trump’s decision to increase tariffs on Indian goods to 50%.A Rs 600 crore garment export company’s CEO, who wished to remain anonymous…

India-US trade deal: India remains optimistic about finalising the Bilateral Trade Agreement this month. (AI image) With US President Donald Trump doubling the tariff rate to 50%, India is looking to review its market access offers to America in some sectors. India is conducting a fresh assessment of its market access proposals to the United…

Nestle’s maiden bonus issue today Nestle India announced Friday, August 8, as the record date for its maiden 1:1 bonus share issue- a significant move in the FMCG giant’s corporate history. Shareholders on record will receive one additional share for each share they currently hold. The decision, coming alongside steady revenue growth despite a recent…

Gold price prediction: Market structure and momentum indicators favor a Buy on Dips approach. (AI image) Gold price prediction today: Gold rates are moving upwards as demand for safe haven assets stays in focus. Where are gold prices headed and what should investors do? Here’s the analysis from Jateen Trivedi, VP Research Analyst – Commodity…

US President Donald Trump’s decision to double tariffs on Indian goods to 50% could deal a major blow to New Delhi’s manufacturing ambitions, ratings agency Moody’s warned on Friday.Moody’s cautioned that the steep tariff gap compared with other Asia-Pacific nations could reverse some of India’s recent gains in attracting global investment, hurting both growth and…

Trump tariffs could hit India’s economic growth (AI image) India’s economic growth could face a sharp slowdown if the 50 per cent tariffs imposed by US President Donald Trump remain in place for an extended period, according to Morgan Stanley. The impact could range between 0.4 per cent and 0.8 per cent, the bank said…