India’s largest IT services firm Tata Consultancy Services on Thursday reported a 1.68 per cent dip in its consolidated net profit to Rs 12,224 crore for the March 2025 quarter. Photograph: Dado Ruvic/Reuters Tata Consultancy Services (TCS) – whose earnings
The only silver lining in March’s performance — which otherwise dragged down the financial year’s momentum — was a 6 per cent year-on-year (Y-o-Y) growth compared to March of the previous year. This is largely due to incentives, festival-driven gains,
Amid the ongoing global tariff war, Commerce and Industry Minister Piyush Goyal on Wednesday asked exporters not to panic and assured them that India is working on the “right mix and right balance” in its proposed trade agreement with the
The country’s goods and services exports have crossed $820 billion in 2024-25, marking a nearly 6 per cent increase over the previous fiscal year despite global economic uncertainties, the commerce ministry said on Wednesday. Photograph: Aly Song/Reuters The exports stood
Benchmark equity indices Sensex and Nifty closed lower on Wednesday in line with losses in global markets amid escalating trade tensions, even as the Reserve Bank cut policy rates for a second consecutive time as it sought to bolster the
The RBI on Wednesday slashed key interest rate by 25 basis points, for the second time in a row, to support a shuttering economy hit by reciprocal tariffs imposed by the US. Photograph: Danish Siddiqui/Reuters Following the rate cut, the
The resilience of the economy and strength of domestic demand will continue to make India an engine of growth amid the rapidly evolving global trade landscape as a result of US tariffs, Finance Minister Nirmala Sitharaman said in London on
The process of merging Haldiram’s Nagpur and Delhi branches to form Haldiram Snacks Food Private Ltd has been completed, informed its CEO Krishan Kumar Chutani on the social media platform LinkedIn. Photograph: M Sriram/Reuters “A new chapter begins in the
‘A repo cut will be very good for the market as it will mean that everything is being done to spur growth in these uncertain times.’ IMAGE: Reserve Bank of India Governor Sanjay Malhotra. Photograph: ANI Photo The first
Stock markets rebounded sharply in early trade on Tuesday after facing massive drubbing in the previous session, following a recovery in Asian peers and across the board buying. Photograph: ANI Photo Bouncing back from a maniac Monday that left investors
