Forex kitty jumps $6.6 bn to $665.4 bn

India’s forex kitty jumped $6.596 billion to $665.396 billion during the week ended March 28, the RBI said on Friday. Photograph: Dado Ruvic/Reuters In the previous reporting week, the overall reserves rose by $4.53 billion to $658.8 billion, the RBI

AWL Agri Business reports 36% revenue growth in Q4, driven by strong rural and FMCG expansion

Ahmedabad-based AWL Agri Business Ltd, formerly Adani Wilmar Limited, posted a strong financial performance in the fourth quarter of FY 2024-25, reporting a 36% year-on-year increase in revenue and a 7% rise in volume. The company’s annual revenue reached ₹62,000

27pc tariff on Indian rice temporary hurdle, say exporters

Kolkata, Apr 4 (PTI) Indian rice exporters are adopting a wait-and-watch approach following United States’ decision to impose 27 per cent tariff on imports, though industry leaders say the long-term impact may be limited due to India’s inherent competitiveness. “While

Advantage India textile industry after Trump tariffs

According to an industry expert, companies such as Trident, Welspun India, Arvind, KPR Mill, Vardhman Textiles, Page Industries, Raymond, and Alok Industries stand to gain, as revenue from the US market accounts for 20-60 per cent of their earnings. Kindly

Indian Pharma Gets Relief from Trump’s Tariffs

Indian drugmakers supply 47 per cent of the generic medicine requirements in the US, and tariffs would have increased prices in the US domestic market for patients, who are already dealing with drug shortages. IMAGE: Kindly note the image has

How US tariffs impact Indian IT services cos in near term

Export-led Indian IT sector is not directly hit by Trump’s tariff order on goods, but there could be worrisome indirect bearings on it arising out of possible slowdown in decision-making and GDP growth in America over higher tariffs, which may

These sectors will NOT face Trump’s reciprocal tariffs: GTRI

Essential and strategic items such as pharmaceuticals, semiconductors, copper, and energy products like oil, gas, coal and LNG are exempted from the 27 per cent import duty announced by the US on Wednesday, according to think tank GTRI. Photograph: David

UltraTech Cement to acquire Wonder WallCare for ₹235 crore

Aditya Birla Group’s flagship company, UltraTech Cement Ltd, on Thursday (April 3) said its board of directors has approved the acquisition of 100% equity in Wonder WallCare at an enterprise value of up to ₹235 crore. The company has signed

US tariffs to create market uncertainty, Indias exports to face challenges: Industry, experts

New Delhi, US President Donald Trump’s announcement of 27 per cent reciprocal tariffs on India has created market uncertainty with the country’s exports expected to face new challenges, India Inc and experts said on Thursday. The move is likely to

Tech startups worth $100 bn set to pursue IPOs by 2027

More than 30 technology startups, collectively valued at $100 billion, are poised to go public by 2027, signalling a potential rebound in India’s stock market activity, according to a report by investment bank The Rainmaker Group. Walmart-owned Flipkart, financial technology

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