Business News: Economy & Markets

Odisha: Angul lemons exported to US, farmers reap higher profits

IANS | August 26, 2025 4:16 PM

Angul, Aug 26 (IANS) It may sound surprising, but lemons from Odisha’s Angul (also known as Anugul) district have made their way to the United States. Nearly one lakh lemons have been exported to the US in three phases this month. What once sold for just 20 to 30 paisa a piece in the local market is now fetching farmers Rs 1 per piece, thanks to the support of the ORMAS (Odisha Rural Development and Marketing Society).

India Inc. expected to post 5-6 pc revenue growth in Q2 FY26: ICRA

IANS | August 26, 2025 4:10 PM

New Delhi, Aug 26 (IANS) India Inc. is expected to clock a modest year-on-year revenue growth of 5-6 per cent in the second quarter of FY2026 (Q2 FY26), compared with 5.5 per cent growth recorded in Q1 FY26, a report said on Tuesday.

Stock market declines sharply amid selling pressure ahead of additional US tariffs

IANS | August 26, 2025 4:05 PM

Mumbai, Aug 26 (IANS) The domestic equity indices ended the session with a sharp decline on Tuesday amid worries over the US imposition of 50 per cent tariffs on Indian goods, scheduled to come into effect from Wednesday.

Explained: Why HDFC Bank share price falls after adjusting to bonus issue

IANS | August 26, 2025 3:28 PM

Mumbai, Aug 26 (IANS) HDFC Bank share price fell over a per cent on Tuesday after the stock turned ex-date for bonus issue, declining as much as 1.45 per cent in the range of Rs 982–986 apiece on the BSE.

India, Japan ties to benefit Global South

IANS | August 26, 2025 3:17 PM

New Delhi, Aug 26 (IANS) Prime Minister Narendra Modi, in his meeting with his Japanese counterpart Shigeru Ishiba this week, will review the Special Strategic and Global Partnership between India and Japan, including defence and security, trade and economy, technology and innovation, as well as discuss issues of regional and global importance.

AI to unlock $500 billion opportunity for India’s tech services: Report

IANS | August 26, 2025 3:01 PM

Bengaluru, Aug 26 (IANS) Artificial Intelligence will play a decisive role in shaping the future of India’s technology services industry as AI -- particularly the rise of Agentic AI --will unlock $300–500 billion in new opportunities and mark the beginning of a new era where humans and intelligent AI agents work together as hybrid teams, a new report said on Tuesday.

Domestic market for readymade garment to see steady revenue growth of 8-10 pc in FY26

IANS | August 26, 2025 2:54 PM

New Delhi, Aug 26 (IANS) The domestic market for readymade garment (RMG), accounting for three-fourths of the sector's revenue, will continue to see steady revenue growth of 8-10 per cent this fiscal, a report said on Tuesday.

America’s bet on China for pharma, drugs may be highly risky: Report

IANS | August 26, 2025 2:53 PM

New Delhi, Aug 26 (IANS) While the US sources cheap medicines ranging from everyday painkillers like ibuprofen and acetaminophen to critical antibiotics and chemotherapy agents from China, increasing dependency on the country may introduce serious risks, according to a report.

Field Marshal Munir tightens military grip over Pakistan’s mines in run-up to US deal

IANS | August 26, 2025 2:31 PM

New Delhi, Aug 26 (IANS) Pakistan Army chief, Field Marshal Asim Munir, has strengthened the military’s control in the economic decision-making process and cracked down on the local civilian population to ensure access to the mining areas in the Khyber Pakhtunkhwa (KP) region bordering Afghanistan, according to media reports.

Nifty could touch 27,609 in the next 12 months: Report

IANS | August 26, 2025 2:22 PM

Mumbai, Aug 26 (IANS) Domestic demand in India is set for a strong revival, with the Nifty expected to touch 27,609 in the next 12 months, a new report said on Tuesday.