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Indian markets dip 0.9 pc this week amid US tariff concerns, FII outflows

IANS | August 9, 2025 10:09 AM

Mumbai, Aug 9 (IANS) The Indian benchmark index Sensex fell 0.9 per cent this week, while the Nifty slipped almost the same, falling below the critical 24,400 level and closing at 24,363.

Indian Railways upgrading passenger reservation system to handle 1 lakh tickets per minute

IANS | August 9, 2025 9:27 AM

New Delhi, Aug 9 (IANS) Indian Railways is upgrading the current passenger reservation system to handle over 100,000 tickets per minute from existing 25,000, according to the government.

India negotiating trade pacts with several nations, including US: Piyush Goyal

IANS | August 8, 2025 9:34 PM

New Delhi, Aug 8 (IANS) India is negotiating trade pacts with several countries, including the US, Commerce Minister Piyush Goyal said on Friday, adding that today, the world recognises the strengths of the country.

Public sector banks post record Rs 44,218 crore profit in Q1 FY26, SBI leads

IANS | August 8, 2025 9:23 PM

New Delhi, Aug 8 (IANS) Public sector banks (PSBs) in India recorded their highest-ever combined quarterly profit of Rs 44,218 crore in Q1 FY26, reflecting a robust 11 per cent year-on-year growth.

Tata Motors' net profit plunges 63 pc YoY to Rs 4,003 cr in Q1

IANS | August 8, 2025 8:04 PM

New Delhi, Aug 8 (IANS) Tata Motors Limited's (TML) net profit for the first quarter of the first financial year (Q1 FY26) stood at Rs 4,003 crore, down 62 per cent year-on-year (YoY), as per an exchange filing on Friday.

China responds to Trump tariff threat, says trade with Russia 'legal and legitimate'

IANS | August 8, 2025 6:11 PM

Beijing, Aug 8 (IANS) China's Ministry of Foreign Affairs on Friday defended the country's economic, trade and energy cooperation with nations around the world, including Russia, terming it "legitimate and legal."

Government-e-Marketplace clocks transactions worth Rs 5.4 lakh crore in GMV in FY25

IANS | August 8, 2025 5:35 PM

New Delhi, Aug 8 (IANS) Government-e-Marketplace (GeM) recorded transactions worth Rs 5.4 lakh crore in gross merchandise Value (GMV) in FY 2024–25, the Commerce Ministry said on Friday, on the occasion of GeM’s 9th Foundation Day.

Cabinet okays Rs 30,000 crore as compensation to public sector OMCs for losses in domestic LPG

IANS | August 8, 2025 4:21 PM

New Delhi, Aug 8 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved Rs 30,000 crore compensation to three public sector Oil Marketing Companies (IOCL, BPCL and HPCL) for the under-recoveries incurred on the sale of domestic LPG.

India-Brazil can build new partnership, diversify trade partners: Brazilian researcher on Trump’s tariff tirade

IANS | August 8, 2025 4:21 PM

Brasilia/New Delhi, Aug 8 (IANS) A day after United States imposed additional 25% tariff on imports from India, bringing it at par with Brazil, a leading scholar reflected on its likely impact on global economic order and how the two nations – members of BRICs can come togther to cushion the impact.

Mike Pence says US companies and consumers paying the cost of Trump’s tariffs

IANS | August 8, 2025 4:00 PM

Washington, Aug 8 (IANS) Former US Vice President Mike Pence, in a scathing attack against President Donald Trump’s trade policy, said on Thursday that American companies and consumers are paying the cost of US tariffs.

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