Business News: Economy & Markets

Trump certainly doesn't know what's happening in Asia and India: Jim Rogers on US tariffs

IANS | August 8, 2025 2:41 PM

New Delhi, Aug 8 (IANS) As US President Donald Trump imposes 25 per cent tariffs on India, with an additional 25 per cent slated to come into effect from August 27, ace American investor Jim Rogers said on Friday that Trump doesn't understand much of the world, and he certainly doesn't understand what's happening in Asia and particularly, India.

SBI clocks 12.5 pc rise in Q1 net profit at Rs 19,160 crore

IANS | August 8, 2025 2:27 PM

Mumbai, Aug 8 (IANS) The country’s largest lender State Bank of India on Friday reported a 12.5 per cent increase in net profit at Rs 19,160 crore for the April-June quarter of the current financial year, compared to the corresponding figure of Rs 17,035 crore in the same quarter of the previous fiscal.

Companies invest Rs 7,343 crore under textiles PLI with Rs 4,648 crore turnover: Minister

IANS | August 8, 2025 2:10 PM

New Delhi, Aug 8 (IANS) The total investment made by companies under the production-linked incentive (PLI) scheme for textiles reached Rs 7,343 crore with total turnover at Rs 4,648 crore, including export of Rs 538 crore (till March 31, 2025), the Parliament was informed on Friday.

Indian pharma market up by 7.9pc in July, cardiac & anti-diabetes therapies show strong volume

IANS | August 8, 2025 1:47 PM

New Delhi, Aug 8 (IANS) The Indian pharmaceutical market (IPM) grew 7.9 per cent in July this year, and the cardiac and anti-diabetes therapy segments have shown strong volume, according to a report.

India sources more LNG from UAE in push for green energy

IANS | August 8, 2025 1:15 PM

New Delhi, Aug 8 (IANS) India has sourced more liquefied natural gas (LNG) from the United Arab Emirates with public sector oil giant Hindustan Petroleum Corporation Limited (HPCL), signing a 10-year supply agreement with state-owned ADNOC Gas as part of the deepening energy partnership between the two countries.

Early signs India may recalibrate its strategic posture post US tariffs: Report

IANS | August 8, 2025 12:09 PM

New Delhi, Aug 8 (IANS) With Prime Minister Narendra Modi set to visit China after six years and National Security Advisor (NSA) Ajit Doval engaging with Russia on key defence deals, there are early signs that India may recalibrate its strategic posture and the shift in geopolitical alignment is something investors should watch out for very closely, a report said on Friday.

Need unified approach to boost infra growth in northeast: Jyotiraditya Scindia

IANS | August 8, 2025 11:56 AM

New Delhi, Aug 8 (IANS) Union Minister of Communications and Development of North Eastern Region (DoNER), Jyotiraditya Scindia, has underscored a unified approach to accelerate infrastructure growth in northeastern region (NER), an official statement said on Friday.

Govt caps ceiling price of 4 emergency-use medicines, 37 antibiotics, painkillers

IANS | August 8, 2025 11:49 AM

New Delhi, Aug 8 (IANS) The Union government has fixed the ceiling price of four emergency-use medicines and 37 other drug formulations, which include antibiotics and painkillers.

India may well become OpenAI’s largest market: CEO Sam Altman

IANS | August 8, 2025 10:56 AM

New Delhi, Aug 8 (IANS) India is OpenAI’s second-largest market in the world after the US, and it may well become its biggest market in the near future, according to its CEO Sam Altman.

50 pc tariffs by US bad policy move, India must continue to protect its farmers: SBI report

IANS | August 8, 2025 10:36 AM

New Delhi, Aug 8 (IANS) Imposition of 25 per cent penalty on goods trade with India, with a proposition of additional 25 per cent on the world’s largest democracy, can be a bad policy decision for the US and its people, an SBI Research report said on Friday.

Business

Trump certainly doesn't know what's happening in Asia and India: Jim Rogers on US tariffs

SBI clocks 12.5 pc rise in Q1 net profit at Rs 19,160 crore

Companies invest Rs 7,343 crore under textiles PLI with Rs 4,648 crore turnover: Minister

Indian pharma market up by 7.9pc in July, cardiac & anti-diabetes therapies show strong volume

India sources more LNG from UAE in push for green energy

Early signs India may recalibrate its strategic posture post US tariffs: Report

Need unified approach to boost infra growth in northeast: Jyotiraditya Scindia

Govt caps ceiling price of 4 emergency-use medicines, 37 antibiotics, painkillers

India may well become OpenAI’s largest market: CEO Sam Altman

50 pc tariffs by US bad policy move, India must continue to protect its farmers: SBI report

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