Facebook India leases nearly 69,702 sq ft office space in Hyderabad’s Hitec City for five years

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, […]

Bangladesh considers tariffs on Indian cotton yarn imports| Business News

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 […]

Air India takes delivery of its first line fit Boeing 787-9 Dreamliner in over eight years| Business News

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 […]

500% US tariff on India? Trump backs bill that targets Delhi, Beijing over Russian oil imports| Business News

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 […]

India’s services sector activity eases in Dec, shows PMI survey| Business News

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 […]

Piyush Goyal heads to Brussels for India-EU FTA talks| Business News

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. […]

India’s crude import cost slips below $60 a barrel| Business News

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 […]