The Free Trade Agreement (FTA) concluded with India places Britain at a “genuine” competitive advantage in advanced manufacturing sectors, UK Business and Trade Secretary Jonathan Reynolds told the House of Commons during a debate this week.Fielding questions on the scope and benefits of the deal — agreed last month — Reynolds described the FTA as…
NEW DELHI: The Reserve Bank of India (RBI) may further reduce interest rates following a temporary halt, as additional liquidity might be needed in the latter half of fiscal year 2025-26 (H2 FY26), according to a report “Ionic Wealth” from Angel One, quoted by ANI.The central bank recently lowered its FY26 inflation forecast to 3.7…
Indian Railways reservation charts are prepared in two stages. Indian Railways’ wait-listed passengers may soon be able to know the final status of their train ticket much earlier. Currently, Indian Railways releases the final chart for a train journey four hours ahead of scheduled departure. This adds to the uncertainty for waitlisted passengers on whether…
Warren Buffett’s calculated, long-horizon investment in China’s BYD is proving to be one of his most consequential bets in the electric vehicle (EV) industry — not just in terms of returns, but in how clearly it contrasts with his conscious avoidance of Elon Musk’s Tesla. While Tesla grapples with a global slowdown, Buffett’s BYD stake…
US-based companies have emerged as the single-largest contributors to India’s office space demand in recent years, accounting for over one-third of gross leasing across the top seven cities between 2022 and 2024, according to data from real estate consultancy JLL India.During the three-year period, total office leasing across Delhi-NCR, Mumbai, Bengaluru, Chennai, Kolkata, Hyderabad and…
Dharan Infra–EPC Ltd has taken a decisive step into the renewable energy sector by establishing a wholly-owned subsidiary, Dharan Infra Solar Pvt Ltd, to spearhead its entry into solar power and hybrid energy systems.The new entity will oversee the design, development, and execution of solar modules, cells, and associated accessories. According to a regulatory filing,…
Sun Pharmaceutical Industries Ltd on Saturday said the US Food and Drug Administration (USFDA) has issued a Form 483 with eight observations following an inspection of its Halol manufacturing facility in Gujarat.The inspection, which focused on Good Manufacturing Practices (GMP), was conducted between June 2 and June 13, 2025, the company said in a regulatory…
India-based Global Capability Centres (GCCs) have emerged as strategic hubs for multinational companies to manage complex global tax operations, including corporate tax, indirect tax, transfer pricing, and litigation, according to a whitepaper released by Deloitte India.The report, titled Transforming Global Tax Functions: The GCC Advantage, highlights how GCCs are evolving beyond back-office functions to offer…
Non-performing assets (NPAs) in India’s banking sector may inch up in the first half of FY26, driven by growing stress in the retail loan segment — especially unsecured personal and microfinance loans, according to a report released by CareEdge Ratings on Friday.The report estimates that the Gross NPA (GNPA) ratio for Scheduled Commercial Banks (SCBs)…
NEW DELHI: Foreign portfolio investors injected Rs 3,346.94 crore into Indian equity markets during the week, driven by optimistic sentiment following the Reserve Bank of India‘s (RBI) interest rate reduction, as reported by National Securities Depository Limited (NSDL) data.The RBI’s rate reduction bolstered investor confidence, resulting in substantial FPI inflows during the initial three trading…
