Revenues of sugar mills in India to rise 8 pc in FY26

IANS | July 16, 2025 11:34 AM

New Delhi, July 16 (IANS) An above normal monsoon is expected to lead to increased sugarcane acreage in Maharashtra and Karnataka, which, in conjunction with expectations of better yield in key sugar-producing states, projects a 15 per cent jump in sugar output during this year, according to a report released on Wednesday.

EV sales in India set to cross 7 pc market share by FY28: Report

IANS | July 16, 2025 11:23 AM

Mumbai, July 16 (IANS) The electric car sales penetration in India is expected to rise rapidly and cross 7 per cent by FY28, subject to timely resolution of rare earth element (REE) disruption, backed by new model launches and government push for improving the charging infrastructure in the country, according to a new report on Wednesday, as US EV giant Tesla finally entered the country.

Govt focused on empowering entrepreneurs from tier 2 and 3 cities: Piyush Goyal

IANS | July 16, 2025 9:48 AM

New Delhi, July 16 (IANS) The Prime Minister Narendra Modi-led government has consistently strengthened the startup ecosystem and remains focused on further empowering entrepreneurs, especially from tier 2 and 3 cities, through inclusive efforts and a commitment to unlocking India’s entrepreneurial potential, Commerce Minister Piyush Goyal has reiterated.

High pharmaceutical tariffs might come at the end of month: Trump

IANS | July 16, 2025 9:20 AM

Washington, July 16 (IANS) US President Donald Trump has said his administration might start imposing tariffs on pharmaceutical imports at the end of the month, while noting the timeline for duties on semiconductors was "similar" to that of those on pharmaceuticals.