Sugar industry relieved as Centre allows 1.5 mt import

Amid the political push and pull, the Centre’s decision to allow sugar exports and remove the 50 per cent duty on molasses exports has rekindled hope in the industry that more relief may follow. Image used for representational purpose. Photograph:

Unemployment rate remains steady at 5.2% in October

The rate of unemployment for those aged 15 and above remained steady at 5.2 per cent in October, according to a government survey released on Monday. Illustration: Dominic Xavier/Rediff The unemployment rate (UR) was 5.2 per cent in September, 5.1

India’s exports drop 11.8%; trade deficit widens to $41.8 bn

India’s exports contracted 11.8 per cent to $34.38 billion in October on account of the impact of high tariffs by the US, while the trade deficit widened to a record high of $41.68 billion, mainly due to a jump in

‘Compact SUVs to see fastest growth after GST rate cut’

‘Growth will definitely continue to come most from the sub-four-metre SUV segment, primarily because that is where the heart of economy and affordability is. Naturally, that will keep pushing the share of that segment (in overall PV sales) higher.’ IMAGE:

‘Insurance penetration continues to remain low’

‘By quick, fast, and just awards, the insurance ombudsman can bring the trust of the policyholders in the insurance system and insurance as a product and create a positive impact on the entire industry.’ The Insurance Regulatory and Development Authority

Trump lowers tariffs on coffee, tomatoes, and more…

President Donald Trump on Friday signed an executive order retroactively lowering tariffs on a range of agricultural imports, including beef, tomatoes, coffee and bananas, with the change taking effect from November 20, CNN reported. Photograph: Leah Millis/Reuters The order removes

With Rs 2k cr war chest, Force Motors gears up to expand global play

Force Motors, known for its shared mobility solutions, is gearing up to expand its presence in global markets and defence segment having consolidated its position in India by narrowing down on focus areas for profitable growth, according to managing director

Marico Q2 net down 0.7%

The consolidated net profit of Marico, the maker of Parachute coconut oil, declined 0.7 per cent in the second quarter (July-September) of 2025-26 (Q2FY26). Photograph: Courtesy, Matico Its India business volume grew 7 per cent in the quarter, and the

M&M, Manulife to form life insurance JV with ₹7,200 crore investment

Canadian firm Manulife and Mahindra & Mahindra (M&M), an Indian automaker with interests in financial services, have signed an agreement to form a 50:50 life insurance joint venture (JV) with a total capital commitment of up to Rs 3,600 crore

JLR cyberattack hit TaMo PV Q2 showing; FY26 outlook cut

Tata Motors Passenger Vehicles (TMPV) on Friday reported a 13 per cent year-on-year (Y-o-Y) decline in consolidated revenue from operations for the second quarter of 2025-26 (Q2FY26), largely due to the cyberattack on its subsidiary Jaguar Land Rover (JLR) in