business

NITI Aayog is working on a strategy for Indian Railways to bring in cash from sources other than fare.The agency is planning to focus on asset monetisation, public-private partnerships in station redevelopment, and identifying fresh revenue streams.The government’s think-tank has invited proposals to carry out a research study on how Indian Railways can boost its…

Hospitality major ITC Hotels Ltd on Wednesday reported a 53% rise in consolidated net profit to Rs 133.71 crore for the June quarter, up from Rs 87.16 crore in the year-ago period, driven by strong growth in room and food service revenues.The hotel arm of ITC said it is targeting to operate 220 hotels and…

Goldman Sachs posted a 20% year-on-year jump in net profit for the second quarter of 2025, reaching $3.5 billion, driven by robust gains in its financial advisory business and equities trading division, news agency AFP reported.Total revenue for the quarter rose 15% to $14.6 billion, with the investment banking giant topping analyst expectations. Goldman attributed…

A negotiating team is in Washington for another round of trade deal talks, with both nations working towards finalizing a tariff rate below 20%. (AI image) India-US trade deal: US President Donald Trump has said that America is eyeing market access into India, on the same lines as the one Indonesia has granted it as…

Consumer inflation in India is projected to ease to an average of 4% in the current financial year, down from 4.6% in FY25, according to the latest report by Crisil. The rating agency attributed the expected moderation to softer food prices, aided by above-normal monsoon forecasts from the Indian Meteorological Department (IMD), and lower global…