Facebook India has leased nearly 69,702 sq ft of office space in Hyderabad’s Hitec City for a five-year term at a monthly rent of almost ₹67 lakh, reinforcing the city’s position as a key global capability centre (GCC) and technology hub. According to the lease deed accessed by real estate data analytics firm CRE Matrix, […]
NEW DELHI: Bangladesh is mulling tariffs on Indian cotton yarn imports, with the Bangladesh Trade and Tariff Commission discussing this on January 5, Indian yarn industry executives said on Wednesday, citing Bangladeshi trade reports, against the backdrop of deteriorating bilateral relations. Bangladesh tariffs on Indian yarn could hit domestic prices, mills, and farmers, analysts said. (FILE) Levies […]
Tata Group-owned Air India has taken delivery of the first line fit Boeing 787-9 aircraft, which is also the first Dreamliner to join the airline’s fleet in more than eight years. After inspections by the Directorate General of Civil Aviation (DGCA), the aircraft, also first line fit Dreamliner to be taken by Air India after […]
US President Donald Trump has greenlit a bipartisan Russia Sanctions Bill, which gives the United States leverage against India, China and Brazil to curb their Russian oil imports that purportedly fuels Moscow’s war in Ukraine. US President Donald Trump. The Sanctioning of Russia Act 2025 is designed to force Russia into peace negotiations in Ukraine […]
The central government has pegged India’s GDP growth rate at 7.4% in FY26, underscoring the resilience of the Indian economy in the face of Trump tariffs and in the absence of an India-US trade deal. Construction activity is seen growing 7% in FY26, down from 9.4% in FY25. (File Photo) The projection is higher than […]
NEW DELHI:Growth in India’s services sector moderated in December as softer expansion in new business weighed on output growth towards the end of 2025, according to a release from S&P Global on Tuesday. The seasonally adjusted HSBC India Services PMI Business Activity Index fell to 58.0 in December from 59.8 in November, marking the slowest pace […]
NEW DELHI: Union commerce and industry minister Piyush Goyal will visit Brussels this week to provide “strategic guidance” to negotiators finalising the contours of a mutually beneficial India-European Union free trade deal. He will join his EU counterpart Maroš Šefčovič as bilateral talks reach a “historic juncture” after 14 rounds of negotiations in the last 42 months. […]
NEW DELHI: India’s average crude oil import cost fell below $60 a barrel on Monday, among the lowest it has been in five years despite global geopolitical upheavals and sanctions against three major crude oil suppliers—Iran, Russia and Venezuela. The daily average price of various crude grades (popularly known as Indian basket) dipped to $59.29 a barrel […]
Deutsche Bank AG clinched the top slot arranging dollar bonds for Indian borrowers for the first time since 2007, taking over from Standard Chartered Bank as foreign currency debt issuance slowed. Deutsche Bank’s ascent came as Indian firms scaled back sales of foreign debt. (Reuters) The bank helped raise dollar bonds for a group of […]
New Delhi : Tata Group has begun identifying a successor to Air India chief executive Campbell Wilson, whose contract is set to expire next year, according to multiple people aware of the development. FILE PHOTO: Air India CEO Campbell Wilson (REUTERS) Wilson joined the airline in March 2022 after Tata Group acquired Air India from […]
