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Thursday, May 14, 2026

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‘Don’t see as competition’: VinFast Asia CEO on rivaling Tesla with premium EV launch plans in India

VinFast Asia CEO Pham Sanh Chau VinFast, the electric vehicle arm of Vietnam’s Vingroup, is preparing a bold entry into the Indian...

UK boosts weapons production capacity in new defence strategy | Business

LONDON: Britain will invest £1.5 billion ($2 billion) in new weapons factories to ramp up defence production capacity, the government said...

‘No penalty on non-maintenance’: Canara Bank waives minimum balance rule on all savings accounts

NEW DELHI: Canara Bank has announced that it will no longer require savings account holders to maintain a minimum balance, in...

Higher steel tariffs to dent exports as companies look at other markets

Representative image (Picture credit: AP) NEW DELHI: Doubling of import duty on steel and aluminium by the Trump administration will dent export...

Indian bond market strengthens as inflation eases and anticipated RBI rate cuts: Jefferies

NEW DELHI: The Indian bond market is gaining momentum due to lower inflation and expectations that the Reserve Bank of India...

Donald Trump’s steel, aluminum tariff hike to hit $4.56 billion worth of Indian exports: GTRI report

The upcoming hike in US tariffs on steel and aluminium imports, announced by President Donald Trump, is set to impact Indian...

FM Nirmala Sitharaman counters social media claims of GST registration corruption and delay

Finance minister Nirmala Sitharaman NEW DELHI: Finance Minister Nirmala Sitharaman on Saturday endorsed the Central Board of Indirect Taxes and Customs (CBIC)...

OPEC+ announces sharp increase in July oil production

VIENNA: Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for July.They...

May sees record Rs 19,860 crore FPI inflow, highest in 2025: NSDL

NEW DELHI: Foreign portfolio investments in Indian markets reached record levels in May 2025, as confirmed by National Securities Depository Ltd...

Industry bodies hail cut on crude oil customs duty, call it timely support for refiners

NEW DELHI: Industry associations Solvent Extractors’ Association (SEA) and Indian Vegetable Oil Producers’ Association (IVPA) have welcomed the government’s decision to...

Metropolitan bank branches lose ground in credit, falls to 58.7% from 63.5% in five years: RBI

NEW DELHI: Bank branches in metropolitan areas have seen their share in overall credit decline to 58.7 per cent as of...

Donald Trump says ‘US very close to making deal with India’, claims Pakistan delegates to visit next week

President Donald Trump on Friday (local time) claimed that the United States is "very close to making a deal with India,"...

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