Business News: Economy & Markets

Mukesh Ambani bets big on AI, genomics as new growth drivers

IANS | August 29, 2025 5:20 PM

Mumbai, Aug 29 (IANS) India, with its scale, talent and entrepreneurial spirit, is uniquely positioned to lead in this new era of artificial intelligence (AI) and genomics, and Reliance has positioned itself confidently to lead the nation's mission to ensure that abundance and affordability become the birthright of every Indian, Reliance Industries Chairman Mukesh Ambani said on Friday.

India’s GDP growth accelerates to 7.8 pc in April-June quarter

IANS | August 29, 2025 4:43 PM

New Delhi, Aug 29 (IANS) India’s GDP growth accelerated to a robust 7.8 per cent in the first quarter (April-June) of the current financial year compared to the growth of 6.5 per cent during same quarter of FY 2024-25, official figures released by the Ministry of Statistics showed on Friday.

President Murmu honours ex-UBI CEO Manimekhalai with SCOPE Eminence Award

IANS | August 29, 2025 4:21 PM

New Delhi, Aug 29 (IANS) The President of India, Droupadi Murmu, presented the SCOPE Eminence Awards for the year 2022-23 in New Delhi on Friday.

India, Africa building a future of trust, technology and prosperity: Haryana CM

IANS | August 29, 2025 4:08 PM

New Delhi, Aug 29 (IANS) Haryana Chief Minister Nayab Saini on Friday said that India and Africa are building a future based on mutual trust, technology, inclusivity and prosperity.

Sensex, Nifty slip as heavyweights drag stock markets amid tariff concerns

IANS | August 29, 2025 4:04 PM

Mumbai, Aug 29 (IANS) The Indian equity indices ended the session lower on Friday amid selling in heavyweights led by Reliance. The investors remained cautious amid US tariff concerns, adopting a mixed approach.

India needs to keep economic engines running at current pace to become economic superpower by 2038

IANS | August 29, 2025 3:43 PM

New Delhi, Aug 29 (IANS) If India keeps economic engines running at their current pace, by 2038, the country is expected to overtake the United States to become the world’s second-largest economy in purchasing power parity (PPP) terms — second only to China.

India, Japan can diversify trade basket, open new frontiers with renewed efforts: PM Modi

IANS | August 29, 2025 3:41 PM

Tokyo, Aug 29 (IANS) Hailing the robust India-Japan economic and trade partnership, Prime Minister Narendra Modi on Friday said with renewed efforts, both nations can diversify their trade basket, make it more balanced, and open up new frontiers as well.

Shipments of ‘Made in India’ smartphones grew 15 pc in Q2, 32 pc surge in exports

IANS | August 29, 2025 3:35 PM

New Delhi, Aug 29 (IANS) Shipments of ‘Made in India’ smartphones grew 15 per cent year-on-year (YoY) in the April–June quarter of 2025 (Q1 FY26), boosted by a 32 per cent surge in exports and an 8 per cent rise in domestic sell-in, a new report said on Friday.

Reliance Jio to float IPO in first half of 2026: Mukesh Ambani

IANS | August 29, 2025 3:33 PM

Mumbai, Aug 29 (IANS) Reliance Industries Limited's (RIL) telecom arm Reliance Jio will launch its initial public offering (IPO) in the first half of 2026, company Chairman and Managing Director Mukesh Ambani announced on Friday.

Jeet Adani wishes mother Priti Adani on 60th birthday, thanks her for endless love

IANS | August 29, 2025 3:08 PM

Ahmedabad, Aug 29 (IANS) Jeet Adani, Whole-Time Director at Adani Group, took to social media platform X on Friday to wish his mother, Priti Adani, Chairperson of the Adani Foundation, on her 60th birthday, calling her "extraordinary" and thanking her for her boundless love.

business

Mukesh Ambani bets big on AI, genomics as new growth drivers

India’s GDP growth accelerates to 7.8 pc in April-June quarter

President Murmu honours ex-UBI CEO Manimekhalai with SCOPE Eminence Award

India, Africa building a future of trust, technology and prosperity: Haryana CM

Sensex, Nifty slip as heavyweights drag stock markets amid tariff concerns

India needs to keep economic engines running at current pace to become economic superpower by 2038

India, Japan can diversify trade basket, open new frontiers with renewed efforts: PM Modi

Shipments of ‘Made in India’ smartphones grew 15 pc in Q2, 32 pc surge in exports

Reliance Jio to float IPO in first half of 2026: Mukesh Ambani

Jeet Adani wishes mother Priti Adani on 60th birthday, thanks her for endless love

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