Capital expenditure grew by 18% during Apri-August
Business Lineby Shishir Sinha·9d ago
Capital expenditure recorded over 18 per cent growth during the April-August period of the current fiscal, data from Controller General of Accounts (CGA) released on Wednesday showed.
German major ZEISS inks partnerships with Dr Agarwal’s, Narayana Nethralaya to deepen India R&D footprint
Business Lineby Sindhu Hariharan·9d ago
German optics and optoelectronics major ZEISS has entered into a strategic partnership framework with healthcare players Dr Agarwal’s Eye Hospital and Narayana Nethralaya, in what the company...
Pakistan-based LeT commander Mohammad Asif killed in encounter in central Kashmir
Business Lineby Gulzar Bhat·9d ago
A Pakistan-based Lashkar-e-Taiba (LeT) commander, Mohammad Asif alias Hashim Moosa, was killed in an overnight encounter with security forces in a forested area of central Kashmir’s Budgam...
J&K shifts Sewa-I hydropower project from stalled public funding to private development model
Business Lineby Gulzar Bhat·9d ago
Jammu and Kashmir is considering shifting the proposed 9.5 MW Sewa-I hydropower project to a private investment-led model after the project failed to take off under a government-funded development...
GST numbers: Stronger on the surface, weaker underneath
Business Lineby Dhananjay Sinha·9d ago
India’s GST collections for FY27 year-to-date look reassuring at first glance. Net collections for April-August came in at ₹8.9 trillion, up 9 per cent year-on-year — ₹6.4 trillion from domestic...
India’s FWDA and Portugal’s Keydef sign €6m partnership to produce drones in Europe
Business Lineby BL New Delhi Bureau·9d ago
Flying Wedge Defence & Aerospace (FWDA) and Keydef, the defence and aerospace division of the Portuguese company Sketchpixel LDA, have formally signed an industrial partnership agreement to...
SEBI, RBI work on bond indices, faster FPI onboarding
Business Lineby BL Mumbai Bureau·9d ago
The Securities and Exchange Board of India (SEBI) and the Reserve Bank of India (RBI) are working on a framework to enable trading in bond indices and associated derivatives, while jointly working...
Apple Pay lands in India: How to pay your iPhone, what you need to know!
Business Lineby Yazhini M V·9d ago
Apple has launched its Apple Pay service in India on Wednesday, giving iPhone, iPad and Apple Watch users a secure way to make payments.
Inox Clean Energy files DRHP for ₹10,000 crore IPO
Business Lineby BL Ahmedabad Bureau·9d ago
Inox Clean Energy, the renewable energy platform of the INOXGFL Group, has filed its draft red herring prospectus (DRHP) with SEBI for an initial public offering of up to ₹10,000 crore, as the...
Ahmedabad spacetech startup SatLeo to launch thermal-imaging payload on SpaceX rocket
Business Lineby BL Ahmedabad Bureau·9d ago
SatLeo Labs, an Ahmedabad-based spacetech startup, will launch its indigenous thermal infrared Earth-observation payload TAPAS-1 aboard a SpaceX Falcon 9 rocket on October 1, marking the company’s...
Better connectivity, specialist capabilities key to scale Coimbatore’s GCC ecosystem, says EY-CII report
Business Lineby BL Chennai Bureau·9d ago
While Coimbatore has emerged as a reputable Tier 2 location for Global Capability Centres (GCC), scaling this ecosystem will require improved infrastructure and connectivity alongside deeper...
IOC’s Gujarat refinery reaches 18-MTPA crude capacity
Business Lineby Avinash Nair·9d ago
Indian Oil’s Gujarat refinery in Vadodara has now attained its expanded 18 million tonne-a-year crude-processing capacity, but cannot yet fully utilise it as some downstream units needed to convert...
Restore 44% import duty on crude palm oil, Telangana minister Tummala says
Business Lineby BL Hyderabad Bureau·9d ago
Telangana Agriculture, Marketing and Co-operation Minister Tummala Nageswara Rao has asked the Centre to restore the 44 per cent import duty on crude palm oil (CPO) to protect domestic farmers and...
Efforts on in EU to render basmati rice as a generic variety, denying protected geographical indication
Business Lineby Subramani Ra Mancombu·9d ago
Efforts are underway in the European Union (EU) to try to deny protected geographical indication (PGI) status for basmati rice from India and render it as a generic variety of the cereal.
Navigating the US tariff threat — India’s dual test on energy and exports
Business Lineby Anup Kumar Mishra; Manoj Kumar; Rahul Ranjan·9d ago
The US’ fresh tariff threat puts renewed pressure on India’s exports. The US House of Representatives has approved a Bill that could allow President Trump to levy tariffs up to 100 per cent on...
Cabinet approves 1-10% hike in rabi crops MSPs
Business Lineby Prabhudatta Mishra·9d ago
The Indian government has announced minimum support prices (MSPs) for the rabi marketing season 2027-28 after the Cabinet approved 1-10 per cent hike on Wednesday, a day before the winter sowing...
HP OmniPad 12 review: Laptop ambitions, tablet limitations
Business Lineby Siddharth Mathew Cherian·9d ago
HP has long been a mainstay in the laptop and desktop space. With the OmniPad 12, the company is looking to bridge the gap between tablets and laptops for users who want one device for work and...
SAIL tests Mongolia as new coking coal supplier
Business Lineby Reuters·9d ago
NSteel Authority of India (SAIL) has airlifted coking coal from Mongolia for the first time, testing the landlocked nation as a potential new supplier as India seeks to reduce its dependence on...
Stock Market Today Highlights: Stock markets fall for 3rd day; Nifty down 96 points, Sensex slips to 72,480
Business Lineby Team BL; KS Badri Narayanan·9d ago
Sensex Today, Nifty 50 | Stock Market Highlights: Giving up all intraday gains, the 30-share BSE Sensex declined 48.78 points, or 0.07%, to settle at 72,480.29 on fag-end selling.
Rupee rises 13 paise to close at 95.81 against US dollar
Business Lineby PTI·9d ago
The rupee appreciated 13 paise to close at 95.81 (provisional) against the US dollar on Wednesday as crude oil prices retreated from their elevated levels and tracking an overnight decline in the...
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