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Business

Indian stock market opens flat, IT stocks under pressure

IANS | July 24, 2025 9:48 AM

Mumbai, July 24 (IANS) The Indian stock market opened flat on Thursday as IT companies experienced selling pressure amid mixed global cues.

Telecom PLI sees investments worth Rs 4,305 crore, exports reach Rs 16,414 crore: Minister

IANS | July 24, 2025 9:31 AM

New Delhi, July 24 (IANS) The production-linked incentive (PLI) beneficiary companies in the telecom sector have collectively invested Rs 4,305 crore, generating sales worth Rs 85,391 crore which includes exports of Rs 16,414 crore (till May 31, 2025), according to the government.

India-US trade deal with lower tariff than competitors will be 'big advantage': NITI Aayog Vice Chairman Bery

Arul Louis | July 24, 2025 4:02 AM

United Nations, July 24 (IANS) A US trade deal with tariffs on labour-intensive Indian products at a lower rate than some of the competitors would be a "big advantage" and present an opportunity, according to NITI Aayog Vice Chairman Suman Bery.

Silver hits record Rs 1.15 lakh per kg, gold crosses Rs 1 lakh mark again

IANS | July 23, 2025 7:17 PM

New Delhi, July 23 (IANS) Gold and silver prices surged sharply on Wednesday, with both precious metals scaling new heights in the domestic market amid mixed global cues.

Collective effort of Centre, RBI brings PSB NPAs down to 2.58 pc: Economist

IANS | July 23, 2025 6:55 PM

New Delhi, July 23 (IANS) The significant reduction in gross non-performing assets (NPAs) of India's public sector banks (PSBs) is a result of combined efforts of the Reserve Bank of India (RBI) and the union government, a leading economist said on Wednesday.

Aditya Birla Real Estate clocks Rs 27 crore loss in Q1, income falls over 55 pc

IANS | July 23, 2025 6:50 PM

Mumbai, July 23 (IANS) Aditya Birla Real Estate Limited (ABREL) on Wednesday reported a net loss of Rs 27.08 crore for the first quarter of the current financial year ( Q1 FY26).

Dr. Reddy's Laboratories' net profit slumps 11 pc to Rs 14,09 crore sequentially in Q1

IANS | July 23, 2025 6:14 PM

Mumbai, July 23 (IANS) Dr. Reddy's Laboratories' net profit stood at Rs 1,409.6 crore in the first quarter of the current fiscal (Q1 FY26), down 11 per cent sequentially, the company said in an exchange filing on Wednesday.

‘Khelo Bharat Niti 2025’ will cut India's dependency on sport goods imports: Report

IANS | July 23, 2025 5:31 PM

New Delhi, July 23 (IANS) Union Cabinet's approval of ‘Khelo Bharat Niti 2025’ will unlock substantial economic value by building new startups and boosting domestic manufacturing, a report said on Wednesday.

RattanIndia Power clocks Rs 13.11 crore loss in Q1, turns negative from last year’s profit

IANS | July 23, 2025 5:29 PM

Mumbai, July 23 (IANS) New Delhi-based electric power distribution firm, RattanIndia Power, on Wednesday reported a consolidated net loss of Rs 13.11 crore for the quarter ended June 30 (Q1 FY26) -- marking a sharp reversal from a net profit of Rs 93 crore in the same period of the previous year (Q1 FY25).

Infosys’ Q1 net profit dips 1.6 pc sequentially to Rs 6,924 crore, revenue up

IANS | July 23, 2025 5:18 PM

Mumbai, July 23 (IANS) IT services giant Infosys on Wednesday reported a 1.61 per cent decline in net profit on a quarter-on-quarter (QoQ) basis for the April–June quarter, with the figure standing at Rs 6,924 crore compared to Rs 7,038 crore in the previous March quarter (Q4 FY25).

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