India’s ambitions in electronics, electric vehicles (EVs), and clean energy may face critical challenges due to its limited domestic production of rare earth elements (REEs), despite holding sizable reserves. China continues to dominate the global REE supply chain, controlling over 90 per cent of the world’s processing and magnet-making capacity, reported ET.Rare earths, 17 elements…
India’s efforts to strengthen its global trade ties, including the upcoming free trade agreement (FTA) with the UK, present a timely strategic opportunity amid rising global uncertainties, the Reserve Bank of India (RBI) has said. In its July bulletin released on Wednesday, the central bank noted that building resilient trade partnerships could help India deepen…
This is an AI-generated image, used for representational purposes only. India and the UK are set to sign a wide-ranging free trade agreement on Thursday during Prime Minister Narendra Modi’s London visit, unlocking major tariff cuts and service sector benefits after three years of negotiations. The pact promises gains for exporters, professionals and businesses on…
One thing is becoming clear – 10% base tariffs are the ‘new zero’ with which countries will have to contend in terms of negotiations. (AI image) India-US trade deal: As US President Donald Trump announces trade deals in quick succession ahead of his August 1 deadline for reciprocal tariffs, one thing is becoming clear –…
BENGALURU: Syngene International, a subsidairy of Biocon, reported a 59 per cent year-on-year increase in profit after tax to Rs 87 crore in the first quarter ended June 2025, aided by revenue growth and a tax benefit from the transfer of gratuity funds to an employee trust. Revenue from operations rose 11 per cent to…
NEW DELHI: The Enforcement Directorate (ED) has filed a complaint under the Foreign Exchange Management Act (Fema), 1999 against Myntra Designs Private Limited (Myntra), its related entities, and directors for alleged FDI violations worth Rs 1,654.35 crore, the agency announced Wednesday.The action was initiated by the ED’s Bengaluru Zonal Office based on credible inputs that…
This is an Ai-generated image, used for representational purposes only. The Indian Railways has issued a new circular revising its emergency quota (EQ) guidelines, requiring all requests to be submitted at least a day before travel.The move, aimed at ensuring timely chart preparation and avoiding operational delays, follows recent changes in reservation chart timings and…
Shipbrokers, vessel operators have become hesitant to engage with Nayara this week. (AI image) European Union’s latest round of sanctions on Russian oil have already begun to hit a refinery in India. Oil companies and vessel operators are distancing themselves from India’s Nayara Energy Ltd., following the European Union’s recent sanctions that specifically targeted the…
The 28% year-on-year operational revenue growth was attributed to increased subscription-based merchants. Paytm share price today: One 97 Communications, Paytm’s parent firm, saw its stock price increase by 3.5% on Wednesday, reaching a new 52-week peak of Rs 1,090 on BSE. The share price rise comes on the back of the company achieving a significant…
Representative image (TOI) Asian markets surged on Wednesday, led by the rally in Japanese shares, after US President Donald Trump announced a trade deal with Japan that eased tariffs and boosted investor sentiments.Japan’s Nikkei surged 2.6% on Wednesday, driven by a rally in automaker stocks after news that the auto tariff would be cut to…