business

India and Australia have stepped closer on the trade and bilateral front as Prime Minister Narendra Modi on projected India as a long-term investment destination during his visit to Australia, urging businesses to deepen economic engagement as the two countries seek to expand cooperation in trade, infrastructure, clean energy and emerging sectors.Alongside Australian Prime Minister…

After a brief spell of calm, global oil markets are once again facing chaos. Crude oil prices surged another 1% on Thursday after already recording a 5% jump in the previous trading session, as US President Donald Trump declared that the ceasefire agreement with Iran was “over.” At the same time, fresh US military strikes…

NEW DELHI: The International Monetary Fund (IMF) and the Asian Development Bank (ADB) on Wednesday cautioned that higher oil prices due to the West Asia conflict will hurt most economies and also lowered India’s growth projections for the current financial year.IMF’s latest World Economic Outlook pegged India’s growth for 2026-27 at 6.4%, as against 6.5%…

Tata Sons Chairman N Chandrasekaran MUMBAI: Tata Group has set a target of $100 billion in automotive revenue by FY2031, chairman N Chandrasekaran said Wednesday, laying out an ambitious growth path for the conglomerate’s largest business vertical.The automotive portfolio spans Tata’s two listed vehicle makers-commercial and passenger-alongside its privately-held components unit.Jaguar Land Rover, the group’s…

Logos of BMW and Mercedes NEW DELHI: India’s luxury car market remained resilient in first half of 2026, with Mercedes-Benz and BMW Group reporting highest-ever Jan-June sales, driven by strong demand for electric vehicles (EVs), premium SUVs and top-end luxury models.Market leader Mercedes-Benz retailed 9,768 cars in first six months of the year, up 9%…

Bot calls, AI chat generated Rs 5520 cr loans in FY26: Sanjiv Bajaj MUMBAI: An avalanche of automated calls, often dismissed as an irritant, is being recast as a powerful lending engine at Bajaj Finance. In his letter to shareholders, Sanjiv Bajaj, chairman and managing director of Bajaj Finserv, has laid out how conversational data…

According to Surjit Bhalla, the significance of an India-US trade agreement extends well beyond the issue of trade balances. (AI image) The comprehensive India-US trade deal can reshape India’s economic growth path, economist and author Surjit Bhalla has said. According to him, the significance of an India-US trade agreement extends well beyond the issue of…