Global EV giant Tesla is not interested in manufacturing cars in India but keen on establishing showrooms in the country, Union Heavy Industries Minister H D Kumaraswamy said on Monday. Photograph: Mike Blake/Reuters US President Donald Trump has said that
India’s manufacturing sector growth fell to a three-month low in May, restricted by inflationary pressures, softer demand and heightened geopolitical conditions, a monthly survey said on Monday. Photograph: Rupak De Chowdhuri/Reuters The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index
‘While investing in a silver ETF, one should be aware that it has historically exhibited higher price volatility than gold.’ Photograph: Kind courtesy Geizkragen69/Pixabay Silver could soon gain favour among investors, especially as global trade deals are formalised. While
Foreign investors continue to exhibit confidence in the country’s equity market, injecting Rs 19,860 crore in May driven by favourable global economic indicators and strong domestic fundamentals. Illustration: Dominic Xavier/Rediff This positive momentum follows a net investment of Rs 4,223
Despite a healthy performance in the fourth quarter of 2024-25 (Q4FY25), the stock of India’s largest listed pharma company, Sun Pharmaceutical Industries (Sun Pharma), was under pressure on Friday due to a muted guidance. Image used for representation purpose only.
HUL managing director Rohit Jawa’s total remuneration in FY25 has witnessed an increase of 3.75 per cent to Rs 23.23 crore, according to the latest annual report of the FMCG major. Photograph: Kind courtesy, HUL Jawa’s annual package included a
‘I think that kind of change is coming. We should stay prepared for that change, whichever industry or sector we are in, we must be prepared.’ IMAGE: Union Minister Ashwini Vaishnaw, during the inauguration of the VVDN Technologies’ state-of-the-art Mechanical
Finance Minister Nirmala Sitharaman on Saturday said the government led by Narendra Modi refers entrepreneurs as wealth creators as the profit earned by them through ethical ways help drive development goals. Photograph: ANI Photo “Wealth creation in India has never
The Income Tax department on Friday said it has made available the excel utility for ITR-1 and ITR-4 for AY 2025-26, which will enable taxpayers to file their income tax returns. Illustration: Dominic Xavier/Rediff “The Excel Utility for ITR-1 and
Adani Group chairman Gautam Adani has reaffirmed Adani Enterprises’ ambitions for aggressive expansion, committing to invest up to $20 billion annually over the next five years. Photograph: Priyanshu Singh/Reuters “Our capital investment across businesses is set to break all records.
