NEW DELHI: India’s trade with Iran is minuscule and primarily involves supplies of food and pharmaceuticals essential for inflation-ravaged Iranian citizens, people aware of the matter said, adding that any implication of new American tariffs for those who export to Iran will depend on the specifics of Washington’s decisions. A freight train carrying cargo containers rides along […]
NEW DELHI: India’s benchmark inflation rate stayed on the lower side of RBI’s target band of 4% plus or minus 2% for the fourth consecutive month in December 2025. The 1.3% retail inflation value, as measured by the annual growth in Consumer Price Index (CPI), is mostly a result of easing but persisting deflation in food prices, […]
Indian government bonds retreated on Tuesday, after Bloomberg Index Services Ltd. held off including them in its global bond index, saying they will keep the review open and ongoing. Goldman Sachs had estimated the inclusion of India government bonds into the Bloomberg Global Bond Index could bring $10 to $20 billion of inflows into the […]
NEW DELHI: India and Germany on Monday finalised measures to deepen economic and security cooperation, including a roadmap for defence industrial collaboration, with Prime Minister Narendra Modi and Chancellor Friedrich Merz describing the two countries as natural partners in a world grappling with geopolitical upheaval and uncertainty. German Chancellor Friedrich Merz with Prime Minister Narendra Modi during […]
JP Morgan Services India Private Limited has leased more than 2.71 lakh sq ft of commercial office space in Mumbai’s Powai for a five-year term at a total rental value of ₹612 crore, according to property registration documents accessed by CRE Matrix. Mumbai real estate: JP Morgan Services India Private Limited has leased more than […]
Deutsche Bank AG’s India retail assets and wealth management have drawn binding bids from Kotak Mahindra Bank Ltd. and Federal Bank Ltd., according to people familiar with the matter, as the local lenders pounce on opportunities from foreign players seeking to exit the crowded banking market. Deutsche Bank’s India assets that are up for grabs […]
Reliance Industries Ltd. has paused plans to make lithium-ion battery cells in India after failing to secure Chinese technology, said people familiar with the matter, reflecting how even the country’s most powerful businesses are struggling to build out an independent clean-energy supply chain. In August 2025, Reliance Industries Chairman Mukesh Ambani had told shareholders that […]
Jio Platforms Ltd. plans to offload shares equivalent to 2.5% stake in its IPO planned for 2026, a move that could make it the country’s largest-ever IPO worth more than $4 billion. Jio Platforms IPO is the most highly anticipated IPO of 2026. (Bloomberg) The company, led by Mukesh Ambani, is the parent of India’s […]
NEW DELHI: India plans to further tighten its regulation of cryptocurrency tractions and could mandate third party reporting from April 1, two people aware of the development said. FILE PHOTO: Income-tax department tracks all transactions involving domestically-located exchanges through their income-tax returns (ITRs) that have to disclose VDA-related transactions (REUTERS) It has already put over 4,500 […]
BMW AG will unveil three new electric cars in India as the German carmaker looks to grow its already dominant share of the luxury segment in the world’s third-largest auto market. BMW India CEO Hardeep Singh Brar. BMW’s most popular car is the locally assembled iX1, an electric SUV which retails for about ₹50 lakh, […]
