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Business

Read the latest business news, market updates, startup developments, and corporate stories from India and around the world. Our business coverage focuses on companies, industry trends, economic policy, investments, and the financial forces shaping today’s economy.
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Business

Moody’s cuts India’s 2025 GDP growth forecast to 6.3% amidst Trump’s trade tariff uncertainty

Moody’s has maintained its growth prediction for India at 6.5% for 2026, following a projected 6.7% growth in 2024. (AI picture) Moody’sScores has diminished India’s GDP growth forecast for 2025 to 6.3% from 6.5%, attributing the revision to heightened international coverage uncertainty and trade limitations. The company has additionally highlighted that rising geopolitical friction between […]

Business

Apple will appeal contempt ruling in Epic Games case over App Store

Apple had denied violating phrases of the courtroom’s order [File] | Photo Credit: AP Apple on Monday lodged an appeal to problem a U.S. choose’s ruling that ordered the tech firm to instantly open its profitable App Store to extra competitors. Apple in a courtroom discover stated it will ask the San Francisco-based ninth U.S.

Business

Vedanta looks to repay $920mn debt in FY26

NEW DELHI: Anil Agarwal-led Vedanta Resources, as a part of its deleveraging train, has proposed to repay $920-million debt in the present fiscal yr and about $675 million in the subsequent, an organization official mentioned.The firm has been regularly deleveraging its stability sheet.

Business

US service sector expands in April, ISM index beats expectations at 51.6%

AI-generated picture (Credit: Bing picture creator) The US companies sector confirmed indicators of enchancment in April, with the Institute for Supply Management’s (ISM) companies index rising to 51.6 per cent from 50.8 per cent in March. The studying barely exceeded market expectations of fifty.2 per cent and remained above the 50 per cent threshold that

Business

Auto retail sales rise 3% in April led by 2Ws, tractors

Two wheelers grew 2.25% backed by sturdy rural demand. | Photo Credit: Lalam Overall auto retail sales for April 2025 grew 3% Year on Year (YoY) led by development in retail sales of three wheelers (3W) and tractors.  As per knowledge supplied by The Federation of Automobile Dealers Associations (FADA) Two Wheeler (2W) sales grew by

Business

Markets end higher on sustained foreign fund inflows, drop in crude oil prices

Equity benchmark indices Sensex and Nifty closed higher on Monday (May 5, 2025), supported by sustained foreign fund inflows and a pointy correction in world crude oil prices. | Photo Credit: PTI Equity benchmark indices Sensex and Nifty closed higher on Monday (May 5, 2025), supported by sustained foreign fund inflows and a pointy correction

Business

CBI arrests Oil India official, private company executive for bribery

The CBI has arrested a deputy normal supervisor of Oil India Limited posted in Assam’s Duliajan and a private company executive for alleged bribery of Rs 7 lakh, officers stated on Monday. Prayas Chakravorty, a deputy normal supervisor (DGM) of Oil India Limited (OIL), had allegedly demanded the bribe from Jyoti Kumar Singh, the DGM

Business

Markets surge in early trade on sustained foreign fund inflows

Image used for consultant functions solely. File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty surged in early trade on Monday (May 5, 2025) amid sustained foreign fund inflows, a pointy drop in crude oil costs and agency developments in the U.S. markets. The 30-share BSE benchmark gauge climbed 386.95 factors to 80,888.94

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