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business

Operational fixes could unlock up to Rs 39,000 crore working capital for India’s auto suppliers

IANS | September 3, 2026 3:39 PM

New Delhi, Sep 3 (IANS) India’s auto‑component suppliers are carrying about Rs 98,000 crore in inventory and could unlock Rs 29,000–39,000 crore of working capital through operational fixes, a report said on Thursday.

India to finalise US trade deal as soon as preferential tariff advantage is reached: Piyush Goyal

IANS | September 3, 2026 3:31 PM

New Delhi, Sep 3 (IANS) Commerce and Industry Minister Piyush Goyal on Thursday said that the country will finalise the trade deal with the US once Washington gives domestic exporters a preferential tariff advantage over competing countries.

Corporate leaders highlight Gujarat investment opportunities at VGGS 2027 roadshow

IANS | September 3, 2026 3:27 PM

Mumbai, Sep 3 (IANS) Top corporate leaders on Thursday highlighted Gujarat's investment potential and expressed interest in expanding their presence in the state at a roadshow here organised by the Gujarat government ahead of the Vibrant Gujarat Global Summit (VGGS) 2027.

Bharat NCAP 2.0 to roll out in 2027, safe drivers may get rewards, violators risk licence: Gadkari

IANS | September 3, 2026 3:11 PM

New Delhi, Sep 3 (IANS) Union Road Transport and Highways Minister Nitin Gadkari on Thursday said the government is working on a graded points system for driving licences and vehicle registration as part of efforts to improve road safety in the country.

India, Europe can turn CBAM into massive clean‑industry opportunity: Report

IANS | September 3, 2026 2:29 PM

New Delhi, Sep 3 (IANS) Green hydrogen could transform the European Union’s Carbon Border Adjustment Mechanism (CBAM) from a trade challenge into a driver of low‑carbon industrial growth and deeper India‑EU value chains, a new report has said.

GDP manipulation allegations ‘completely baseless’, says former Finance Commission Chief

IANS | September 3, 2026 2:27 PM

New Delhi, Sep 3 (IANS) Former Finance Commission chairman and Institute of Economic Growth president, N.K. Singh, on Thursday rejected allegations questioning the methodology used by the government to calculate India’s Gross Domestic Product (GDP), calling such claims “completely baseless”.

Upcoming FTAs to help India gain access to 75 pc global trade at rates lower than competitors: Piyush Goyal

IANS | September 3, 2026 2:25 PM

New Delhi, Sep 3 (IANS) Commerce and Industry Minister Piyush Goyal on Thursday said that combined with upcoming free trade agreements (FTAs) and efforts to deepen market access, India could gain access to 75 per cent of global trade at rates lower than competitors.

World Bank's Neelkanth Mishra lashes out at India GDP critics as ‘ill-educated and egregiously wrong’

IANS | September 3, 2026 2:19 PM

New Delhi, Sep 3 (IANS) Neelkanth Mishra, India's Executive Director at the World Bank, on Thursday lashed out at the “ill-educated and egregiously wrong claims made by some” that if the 'original' base of June-2025 quarter was used, India’s GDP growth in the June-2026 quarter would be much lower.

Foodgrain production estimated at 376.5 million tonnes amid robust decentralised grain storage infra

IANS | September 3, 2026 1:40 PM

New Delhi, Sep 3 (IANS) The country’s total foodgrain production is estimated at 376.563 million tonnes, according to the Third Advance Estimates (2025-26), which is nearly 18.8 million tonnes (5.3 per cent) higher than last year’s production of 357.732 million tonnes, an official factsheet said on Thursday.

BSE CEO says NSE cannot self-list after IPO under current regulatory framework: Report

IANS | September 3, 2026 1:34 PM

Mumbai, Sep 3 (IANS) The National Stock Exchange (NSE) cannot self-list after its proposed initial public offering under the current regulatory framework, BSE Managing Director and CEO Sundararaman Ramamurthy said, according to a report.

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