Business News: Economy & Markets

New US tariff unlikely to dent India's export competitiveness: Exporters' body

IANS | July 24, 2026 3:36 PM

New Delhi, July 24 (IANS) The additional 10 per cent Section 301 tariff imposed by the US on imports from India is unlikely to significantly affect the country’s export competitiveness, as many rival exporting nations have been subjected to comparable or higher tariff rates, apex exporters’ body Federation of Indian Export Organisations (FIEO) said on Friday.

India's automotive retail sales see 28.6 pc growth in July so far: Report

IANS | July 24, 2026 3:26 PM

New Delhi, July 24 (IANS) India's automotive retail sales rose 28.6 per cent year‑on‑year in July 1–23, with all segments expanding compared with the same period last year, a report said on Friday.

Rekha Jhunjhunwala transfers Star Health shares to promoter LLP in succession-linked move; stock slips

IANS | July 24, 2026 3:19 PM

Mumbai, July 24 (IANS) Shares of Star Health and Allied Insurance Company fell more than 1 per cent on Friday after the company's June-quarter shareholding pattern reflected a sharp change in Rekha Jhunjhunwala's direct holding. However, the change was the result of a succession-related transmission and an off-market transfer of shares to promoter entity Sitara Partners LLP, and not a sale or exit by the promoter group.

India, Japan double down on joint warship production to bolster defence ties

IANS | July 24, 2026 3:12 PM

New Delhi, July 24 (IANS) The India-Japan defence ties are entering a stronger phase, with both countries realising the importance of closer ties for the joint production of warships to bolster maritime power in the changing geopolitical landscape as China increasingly flexes its naval muscle, according to a new report.

India's $680 million package reflects stronger ties under PM Modi's leadership: Mauritius Foreign Minister

IANS | July 24, 2026 2:52 PM

New Delhi, July 24 (IANS) India's special economic package of nearly $680 million for Mauritius reflects the deepening strategic and economic partnership between the two countries, Mauritius' Minister of Foreign Affairs, Regional Integration and International Trade, Dhananjay Ramful, said on Friday.

Adani Energy Solutions wins Rs 8,500 crore transmission project to help Vizag meet digital infra demand

IANS | July 24, 2026 2:48 PM

Ahmedabad, July 24 (IANS) Adani Energy Solutions Ltd (AESL) on Friday said it has won a Rs 8,500 crore inter-state transmission project in Andhra Pradesh to supply power to the proposed Green Hydrogen and Green Ammonia projects in the Vizag area, catering to an estimated demand of 4,500 MW.

Jan Aushadhi scheme saves citizens Rs 45,000 crore in 12 years: Govt

IANS | July 24, 2026 2:37 PM

New Delhi, July 24 (IANS) A total of 20,149 Jan Aushadhi Kendras have been opened nationwide and estimated savings of about Rs 45,000 crore have accrued to citizens from the Pradhan Mantri Bhartiya Janaushadhi Yojna, the government informed Parliament on Friday.

India's steel sector keeps up growth momentum in April-June: Govt

IANS | July 24, 2026 2:29 PM

New Delhi, July 24 (IANS) India’s production of finished steel during June this year went up to 13.5 million tonnes, which represents a 3.8 per cent increase over the corresponding figure of 13 million tonnes in the same month last year, according to data released by the Ministry of Steel on Friday.

Motilal Oswal shares extend 4-day losing streak, tumble 11 pc

IANS | July 24, 2026 1:47 PM

New Delhi, July 24 (IANS) Shares of Motilal Oswal Financial Services (MOFSL) slumped as much as 11 per cent on Friday, extending losses for a fourth consecutive session, even as the financial services firm reported a strong set of earnings for the June quarter (Q1FY27), driven by robust growth in its asset management and wealth businesses.

FSSAI suspends Rehaan Healthcare's licence after inspection reveals serious violations

IANS | July 24, 2026 1:28 PM

New Delhi, July 24 (IANS) The Food Safety and Standards Authority of India (FSSAI) has suspended the licence of Rehaan Healthcare after an inspection found serious non-compliance with food safety norms at the company's health supplements and nutraceuticals manufacturing unit, it was announced on Friday.

business

New US tariff unlikely to dent India's export competitiveness: Exporters' body

India's automotive retail sales see 28.6 pc growth in July so far: Report

Rekha Jhunjhunwala transfers Star Health shares to promoter LLP in succession-linked move; stock slips

India, Japan double down on joint warship production to bolster defence ties

India's $680 million package reflects stronger ties under PM Modi's leadership: Mauritius Foreign Minister

Adani Energy Solutions wins Rs 8,500 crore transmission project to help Vizag meet digital infra demand

Jan Aushadhi scheme saves citizens Rs 45,000 crore in 12 years: Govt

India's steel sector keeps up growth momentum in April-June: Govt

Motilal Oswal shares extend 4-day losing streak, tumble 11 pc

FSSAI suspends Rehaan Healthcare's licence after inspection reveals serious violations

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