Business News: Economy & Markets

Once on ventilator, BSNL ready to serve the nation again: Jyotiraditya Scindia (IANS Interview)

IANS | July 2, 2025 7:01 PM

New Delhi, July 2 (IANS) Union Communications Minister Jyotiraditya Scindia on Wednesday credited the Prime Minister Narendra Modi government’s strategic revival steps for bringing BSNL back from the brink, saying that the state-run telecom giant, once left on ‘ventilator support’ by the previous UPA government, has now firmly re-established itself in the hearts of Indian consumers.

Retail vehicle sales in India surpass wholesales in June, driven by discounts, EV push

IANS | July 2, 2025 6:05 PM

New Delhi, July 2 (IANS) Retail registrations in the Indian automobile market outpaced wholesale dispatches across key segments in June 2025, a new report said on Wednesday.

India’s digital identity adoption surges amid rising trust, AI integration: Report

IANS | July 2, 2025 5:58 PM

New Delhi, July 2 (IANS) As India’s digital ecosystem expands at an unprecedented pace, Indian consumers are rapidly embracing new-age identity technologies while balancing convenience with security concerns, a new report said on Wednesday.

Starlink free to roll out India services once IN-SPACe approvals are done: Jyotiraditya Scindia (IANS Interview)

IANS | July 2, 2025 5:51 PM

New Delhi, July 2 (IANS) Union Communications Minister Jyotiraditya Scindia on Wednesday said that all due diligence processes have been completed from their end for the entry of SpaceX’s Starlink service in India, and once they receive the necessary regulatory and licensing approvals from the space regulator, they can roll out the service in the country whenever they wish to.

IT hiring in smaller cities soar 53 pc, fuels overall job growth in India: Report

IANS | July 2, 2025 1:27 PM

New Delhi, July 2 (IANS) India’s Tier-2 cities are continuing to emerge as key engines driving the nation's employment growth, according to a report on Wednesday that showed that hiring for the IT sector surged by 53 per cent in smaller cities.

Indian pharma exports strong at $4.9 billion in April-May, says Pharmexcil

IANS | July 2, 2025 12:11 PM

New Delhi, July 2 (IANS) Pharmaceutical exports in India stood strong at $4.9 billion in April-May FY26, according to the latest update by the Pharmaceuticals Export Promotion Council of India (Pharmexcil).

NPAs of India’s banks decline to multi-decade low of 2.3 pc

IANS | July 2, 2025 12:10 PM

Mumbai, July 2 (IANS) The soundness and resilience of India’s scheduled commercial banks are bolstered by robust capital buffers, multi-decadal low non-performing loans and strong earnings, according to the RBI’s latest Financial Stability report.

GCCs dominate India office leasing in FY25, Fortune 500 companies lead

IANS | July 2, 2025 11:47 AM

New Delhi, July 2 (IANS) Global capability centres (GCCs) accounted for 42 per cent of the pan-India absorption in FY25, registering an increase from 41 per cent a year earlier, according to a report on Wednesday.

India’s manufacturing activity accelerates to 14-month high as exports surge in June

IANS | July 2, 2025 11:28 AM

New Delhi, July 2 (IANS) India's manufacturing activity accelerated to a 14-month high in June, triggered by a surge in international sales that boosted production and led to record-breaking hiring, according to a latest survey.

India projected to clock 6.8-7 pc growth in Q2, current fiscal to register 6.3 pc: HSBC

IANS | July 2, 2025 11:22 AM

New Delhi, July 2 (IANS) India’s GDP growth is projected at 6.3 per cent in current fiscal (FY26) despite external headwinds, an HSBC report said on Wednesday, adding that with 70 per cent of the indicators growing positively, the Q2 growth (April-June) is trending at 6.8-7 per cent, with the informal sector taking the lead.

Business

Once on ventilator, BSNL ready to serve the nation again: Jyotiraditya Scindia (IANS Interview)

Retail vehicle sales in India surpass wholesales in June, driven by discounts, EV push

India’s digital identity adoption surges amid rising trust, AI integration: Report

Starlink free to roll out India services once IN-SPACe approvals are done: Jyotiraditya Scindia (IANS Interview)

IT hiring in smaller cities soar 53 pc, fuels overall job growth in India: Report

Indian pharma exports strong at $4.9 billion in April-May, says Pharmexcil

NPAs of India’s banks decline to multi-decade low of 2.3 pc

GCCs dominate India office leasing in FY25, Fortune 500 companies lead

India’s manufacturing activity accelerates to 14-month high as exports surge in June

India projected to clock 6.8-7 pc growth in Q2, current fiscal to register 6.3 pc: HSBC

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