India’s exports rise 15.5% in June, trade deficit widens to $30.43 bn

During April-June this fiscal, exports increased 15.92 per cent to $129.32 billion, while imports rose 19.89 per cent to USD 216.18 billion.   India’s exports rose by 15.5 per cent to $40.41 billion in June, even as the trade deficit widened to $30.43 billion. Imports in June went up by about 31 per cent to…

Hindalco sees steady Novelis earnings, strong domestic demand in 2027

Hindalco expects high double-digit growth in domestic aluminium ‌downstream business in FY27, driven by ramp-up at its new rolling facility, Aditya FRP, and expansion into higher-value products Hindalco Industries expects unit Novelis to deliver earnings of about $500 per tonne in fiscal 2027 and sees strong ​demand across its Indian aluminium and copper businesses, a…

Gold price climbs to new peak as US-China trade tension fuels safe-haven demand. Will this rally sustain till Diwali?

Aksha Kamboj, Vice President, India Bullion & Jewellers Association (IBJA) and Executive Chairperson, Aspect Global Ventures, believes that the bullion is likely to witness further volatility ahead of festive season.   Gold price continues to see bull run on Tuesday driven by rising concerns over US tariffs and expectations of additional rate cuts by the…

GST new rates: High-end electric vehicles likely to attract 18% to 28% GST

According to the proposals, GST on four-wheeled EVs priced between Rs 20 lakh and Rs 40 lakh will be raised from 5% to 18%, while EVs costing more than Rs 40 lakh will face a jump from 5% to 28%. Only electric buses will continue to enjoy the existing 5% concessional rate. The GoM argued…

Govt to set up task force for next-generation reforms, says PM Modi

Prime Minister Modi announces a task force to revamp economic laws, cut compliance costs, and boost India’s competitiveness as part of the 2047 developed nation vision The government will set up a task force for the next-generation reforms aimed at overhauling laws, rules, and procedures governing economic activity, Prime Minister Narendra Modi said in his…

TCS Q1 FY26: Net profit climbs 6% to Rs 12,760 crore; Rs 11 per share dividend announced

“The interim dividend shall be paid on Monday, August 4, 2025, to the equity shareholders of the Company whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on Wednesday, July 16, 2025, which is the Record Date, fixed for…