Business News: Economy & Markets

India’s CPI inflation plunges to 8-year low of 1.55 pc

IANS | August 12, 2025 4:35 PM

New Delhi, Aug 12 (IANS) India’s inflation rate based on the Consumer Price Index (CPI) eased further to 1.55 per cent in July this year, compared to the same month of the previous year, as prices of food declined during the month. This is the lowest level of year-on-year retail inflation since June 2017, according to a statement issued by the Ministry of Statistics on Tuesday.

Cabinet gives go-ahead for Rs 5,801 crore Lucknow Metro Rail Project

IANS | August 12, 2025 4:06 PM

New Delhi, Aug 12 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved Phase-1B of the Lucknow Metro Rail Project with 12 stations, across a length of 11.165 km with an investment of Rs 5,801 crore.

Stock market ends lower ahead of key inflation data, tariff concerns

IANS | August 12, 2025 4:06 PM

Mumbai, Aug 12 (IANS) The Indian benchmark indices ended lower on Tuesday as investors awaited the release of July inflation data from both domestic and the US sources amid tariff concerns.

Cabinet approves 700 MW hydro electric project in Arunachal Pradesh for Rs 8,146 crore

IANS | August 12, 2025 3:51 PM

New Delhi, Aug 12 (IANS) In a significant move, the Cabinet Committee on Economic Affairs (CCEA) on Tuesday approved investment of Rs 8,146.21 crore for the construction of Tato-II Hydro Electric Project (HEP) in Shi Yomi District, Arunachal Pradesh.

Crackdown on Russian oil exports a big setback for Reliance, shares dip

IANS | August 12, 2025 3:51 PM

New Delhi, Aug 12 (IANS) US President Donald Trump’s crackdown on Russian oil exports has come as a major blow to Mukesh Ambani-led Reliance Industries Ltd. (RIL), which was a major importer of the cheap crude for processing at its giant oil refinery in Jamnagar on the Gujarat coast.

Cabinet okays 4 semiconductor manufacturing units with Rs 4,600 crore outlay

IANS | August 12, 2025 3:38 PM

New Delhi, Aug 12 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved four more semiconductor projects under the India Semiconductor Mission (ISM) with an outlay of Rs 4,600 crore.

40 GWh battery cell capacity awarded to 4 firms, projects under implementation: Govt

IANS | August 12, 2025 3:32 PM

New Delhi, Aug 12 (IANS) In a bid to reduce dependence on Asian countries for lithium-ion batteries and other basic requirements, a total of 40 GWh Advanced Chemistry Cell (ACC) capacity has been awarded to four beneficiary firms, and the projects are under implementation, the Parliament was informed on Tuesday.

Indian Railways offers free Wi-Fi services at 6,115 railway stations: Minister

IANS | August 12, 2025 2:47 PM

New Delhi, Aug 12 (IANS) Indian Railways is providing free Wi-Fi facilities at 6,115 railway stations across the country, the Parliament was informed on Tuesday.

Govt involved in discussions on India-US bilateral trade deal: Minister

IANS | August 12, 2025 2:23 PM

New Delhi, Aug 12 (IANS) The government is still involved in the discussions on the India-US Bilateral Trade Agreement (BTA) with Washington with the aim to expand trade and investment through tariff stability and long-term trade predictability, the Parliament was informed on Tuesday.

MRF's Q1 net profit declines 13 pc to 483 crore, revenue up 7 pc

IANS | August 12, 2025 2:11 PM

Mumbai, Aug 12 (IANS) MRF Limited's net profit for the April-June quarter (Q1 FY26) stood at Rs 483.23 crore, down 13 per cent year-on-year (YoY), according to an exchange filing on Tuesday.

Business

India’s CPI inflation plunges to 8-year low of 1.55 pc

Cabinet gives go-ahead for Rs 5,801 crore Lucknow Metro Rail Project

Stock market ends lower ahead of key inflation data, tariff concerns

Cabinet approves 700 MW hydro electric project in Arunachal Pradesh for Rs 8,146 crore

Crackdown on Russian oil exports a big setback for Reliance, shares dip

Cabinet okays 4 semiconductor manufacturing units with Rs 4,600 crore outlay

40 GWh battery cell capacity awarded to 4 firms, projects under implementation: Govt

Indian Railways offers free Wi-Fi services at 6,115 railway stations: Minister

Govt involved in discussions on India-US bilateral trade deal: Minister

MRF's Q1 net profit declines 13 pc to 483 crore, revenue up 7 pc

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