Ratings firm Crisil said on Wednesday that the uncertainties surrounding the US tariffs might be a new hindrance to capital expenditure decisions in the current financial year. Illustration: Dominic Xavier/Rediff The additional 25 per cent tariff imposed by US President
Japanese automaker Suzuki Motor Corporation will invest Rs 70,000 crore in the next five to six years in India to strengthen its operations in the country, its representative director and president Toshihiro Suzuki said on Tuesday. IMAGE: Prime Minister Narendra
iPhone-maker Apple on Tuesday announced that it will open a new store in Pune next week. Photograph: Lucas Jackson/Reuters The latest move marks a significant expansion for Apple in the country, offering customers in Pune new ways to explore and
Apex exporters body FIEO on Tuesday expressed serious concerns over high US tariffs on Indian goods and said that textiles and apparel manufacturers in Tirupur, Noida, and Surat have halted production amid worsening cost competitiveness due to these steep duties.
Equity benchmark index Sensex tumbled 849 points to slip below the 81,000 level on Tuesday due to widespread selling pressure after the US issued a draft notice over the implementation of an additional 25 per cent tariff on Indian products.
‘We have created massive infrastructure in the past six years.’ IMAGE: Goa Chief Minister Pramod Sawant addresses the Atal Asra Camp, an initiative to provide secure housing solutions for marginalised communities, offering support for home repairs, renovations, and new housing
The Income Tax department is working on simplified I-T forms and aims to notify new rules by December-end to give effect to the new I-T Act, which will come into force from April 1 next year, a senior tax official
Global travel tech firm OYO plans to file its Draft Red Herring Prospectus (DRHP) in November, eyeing a $7-8 billion valuation for its IPO, sources said. Photograph: Anushree Fadnavis/Reuters The company is expected to approach its board with the proposal
Fitch Ratings on Monday affirmed India’s sovereign rating at ‘BBB-‘, with a stable outlook, saying a strong record of delivering growth and improving fiscal credibility will drive improvements in structural metrics. Photograph: Anushree Fadnavis/Reuters “India’s ratings are supported by its
‘We will be able to anticipate the full picture of the impact after August, which is also the time when demand for a year begins to peak ahead of the December holidays and Valentine’s Day.’ IMAGE: Estimates of job losses
