Goa’s Mormugao Port plans MoUs for ₹3,000 crore invesment at Maritime Week| Business News

PANAJI: The Goa-based Mormugao Port Authority (MPA) on Wednesday said it expects to sign about 24 agreements for investments worth ₹3,000 crore at the upcoming India Maritime Week in Mumbai. India Maritime Week expects participation from over 100 countries, over 1,00,000 delegates, over 200 speakers, (X/PIB_Panaji) MPA chairman N Vinodkumar said the port, one of the […]

Goa’s Mormugao Port plans MoUs for ₹3,000 crore investment at Maritime Week| Business News

PANAJI: The Goa-based Mormugao Port Authority (MPA) on Wednesday said it expects to sign about 24 agreements for investments worth ₹3,000 crore at the upcoming India Maritime Week in Mumbai. India Maritime Week expects participation from over 100 countries, over 1,00,000 delegates, over 200 speakers, (X/PIB_Panaji) MPA chairman N Vinodkumar said the port, one of the […]

India trade deficit in September widens most in at least a year as US tariff impact shows| Business News

India’s trade deficit in September widened the most in eleven months as 50% US tariffs took effect in the world’s fourth largest economy. Shipping containers at Mundra port in Gujarat. The 50% US tariffs on India came into effect on 27 August 2025. (Reuters) The gap between exports and imports stood at $32.15 billion in […]

Net profit drops 26% to ₹5,090 crore on higher provisions| Business News

Axis Bank Ltd. reported a bigger-than-expected drop in second-quarter profit on Wednesday, as higher provisions for bad loans weighed on earnings. Axis Bank shares fell 0.65% to ₹1169.00 apiece on the BSE even as the benchmark Sensex ended the day 0.70% higher at 82,605.43 points. (Reuters) Standalone net profit of India’s fourth-largest private lender by […]

Apple wants India to modify a tax law that hinders its expansion in the country| Business News

Apple Inc. is lobbying the Government of India to modify its income tax law to ensure that the company is not taxed for ownership of high-end iPhone machinery it provides to its contract manufacturers. That, Apple believes, hinders expansion in its fastest growing market. Apple’s contract manufacturers Foxconn and Tata have pumped in billions of […]