Mumbai, Feb 4 (IANS) Ikea India, the local arm of Swedish furniture and home furnishing giant Ikea, has reported a wider loss for the financial year ended March 31, 2025 (FY25), even as it continues to invest heavily in expanding its presence in the country.
New Delhi, Feb 4 (IANS) Commerce and Industry Minister Piyush Goyal said in the Lok Sabha on Wednesday that the interests of India's farmers have been protected in the India-US trade deal, as agricultural and dairy products are out of its ambit.
New Delhi, Feb 4 (IANS) The Supreme Court on Wednesday expressed serious concern over an “unexplained delay” by the Enforcement Directorate (ED) and the Central Bureau of Investigation (CBI) in probing alleged large-scale bank loan frauds linked to Reliance Communications Ltd (RCOM), its group companies, and promoter Anil Ambani, involving public funds estimated at Rs 40,000 crore.
New Delhi, Feb 4 (IANS) India has joined the BRICS Centre for Industrial Competencies (BCIC) at an event organised by the Centre’s Department for Promotion of Industry and Internal Trade (DPIIT) in the national capital, according to an official statement issued on Wednesday.
New Delhi, Feb 4 (IANS) Billionaire investor Mark Mobius said on Wednesday that India’s recent trade engagement with the European Union played a key role in pushing the United States to speed up its own deal with India.
New Delhi, Feb 4 (IANS) History shows trade announcements by US President Donald Trump often evolve through revisions and reinterpretations, a report has said, adding that the Indian government has neither confirmed stopping purchase of Russian oil, nor mentioned tariff reduction against the US to zero.
New Delhi, Feb 4 (IANS) As the Union Budget announced tax holiday for data and cloud centre companies, Finance Ministry sources on Wednesday clarified four essential conditions for foreign firms to meet to become applicable for the exemption.
New Delhi, Feb 4 (IANS) The seasonally adjusted HSBC India Services PMI touched a two-month high of 58.5 in the month of January, from December's 58.0, noting quicker expansions in new business intakes and output, the S&P Global data showed on Wednesday.
New Delhi, Feb 4 (IANS) The Union Budget 2026–27 prioritised durable growth, fiscal prudence and execution certainty over short‑term market appeasement, a report said on Wednesday.
New Delhi, Feb 4 (IANS) US entrepreneur Elon Musk’s net worth surged past the $800 billion mark after SpaceX acquired his artificial‑intelligence firm xAI, making him the richest person in history by a wide margin.
