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To enhance safety and quality, the government will mandate production facility audits for e-rickshaw and e-cart manufacturers from April next year. Type approval will be granted post-audit by vehicle testing agencies, eliminating assemblers and fly-by-night firms. Fitness certificates will be valid for one year, ensuring proper maintenance and speed limits. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Y3EGwfX

Apple's plan to make India a major iPhone export hub faces challenges as the US imposes a 25% tariff on Indian goods, potentially delaying expansion plans. Coupled with China's restrictions on electronic components, this could slow down electronics manufacturing and hurt India's export goals. Experts caution increased costs and supply chain disruptions could affect demand and competitiveness. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/IsNOby3

President Trump indicated a potential 20-25% tariff on Indian goods, slightly less than the previously announced 26%, amidst ongoing trade negotiations. He stated India's high tariffs prompted the consideration, despite acknowledging their friendship. This levy positions India competitively with Bangladesh in textiles, but behind Vietnam and Indonesia. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/W7GlApN

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US President Donald Trump has announced that a trade agreement with India has not been finalized, despite previous indications that a deal was nearing completion. Trump's remarks come just two days before the August 1, 2025, reciprocal tariff deadline. The possibility of an interim trade deal announcement before the deadline now seems unlikely. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/rIsvCLn

India's economy shows cautious optimism in mid-2025, according to a finance ministry report, highlighting resilience despite global headwinds. Forecasts project FY26 growth in the 6.2-6.5% range, supported by robust domestic demand. However, the report cautions about slowing credit growth and potential risks from a global slowdown, particularly in the US, which could dampen demand for Indian exports. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/29GurvZ

India's industrial output growth decelerated to a 10-month low of 1.5% in June, primarily due to contractions in the mining and electricity sectors. Sluggishness in capital goods and consumer durables further contributed to the slowdown. While manufacturing showed resilience, excess rains impacted mining and electricity, and demand signals remained mixed, particularly in urban consumption. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/146wgKL

Amid global economic uncertainty and fluctuating FDI inflows, the Indian government is actively targeting specific sectors like electronics, footwear, chemicals, medical devices, toys, and EVs to attract foreign investment. Efforts include leveraging production-linked incentive schemes and building resilient supply chains to reduce reliance on China. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/SucHCX8

Russia has initiated direct commercial flights between Moscow and Pyongyang, marking a significant step in strengthening ties with North Korea. The inaugural Nordwind Airlines flight departed Moscow on Sunday, with plans for monthly service. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/CadVrWT

Suresh Narayanan retires from Nestlé India after a decade as CMD, leaving behind a legacy of significant growth and successful navigation of the Maggi crisis. Under his leadership, revenue, profit, and market capitalization surged, driven by innovation and strategic expansion. He's passing the baton to Manish Tiwary amidst positive market recovery signs. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/LVAZrbU

Donald Trump claims Japan will invest $550 billion in the US under a new trade framework, though details remain under negotiation. Trump suggests the US would receive 90% of profits from these investments, calling it a "signing bonus" linked to tariff reductions. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/favokJD

A proposed change to US immigration policy could eliminate the H-1B visa exemption for universities and nonprofit research institutions, forcing all applicants into a competitive lottery system. The move threatens the future of thousands of international scholars, particularly Indian students in STEM fields, who rely on cap-exempt roles to remain in the US post-graduation. Universities may also face hiring and research challenges, while other countries continue to attract global talent through more flexible visa policies. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/UowsCcn

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Kotak Mahindra Bank's consolidated net profit witnessed a significant drop in the June quarter, reaching Rs 4,472 crore due to the absence of a one-time gain and margin pressures. While net interest income increased, the net interest margin contracted, impacting overall profitability. Provisions more than doubled, primarily due to stress in the microfinance and retail commercial vehicle segments. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/kRrptLj

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Reserve Bank of India Governor Sanjay Malhotra stated that corporates will not be allowed banking licenses. The monetary policy committee retains flexibility on interest rates. Future rate decisions will depend on inflation and growth outlook. There is no plan to revise the 26% limit on promoter shareholding in private banks. RBI supports diversified ownership. The ultimate responsibility for a bank's operations lies with its board. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/8Z4DJSG

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Anil Ambani's Reliance empire, once burdened by debt, saw Reliance Power and Infrastructure stocks rally, fueled by operational improvements and infrastructure optimism. However, ED raids on group-linked entities disrupted this revival, reviving memories of past defaults. Despite distancing themselves from Anil Ambani, the firms face scrutiny over legacy defaults of RCOM and RHFL. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/32kNQIt

The Indian government has unveiled a draft telecom policy targeting significant growth in the sector by 2030. It aims to attract substantial investments, create numerous jobs, and foster innovation through next-generation technologies. The policy envisions India as a leading global provider of telecom products and services, emphasizing research, infrastructure modernization, and effective spectrum management. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/8U420fV

Top stock market recommendations: Aakash K Hindocha suggests a consolidation phase for Nifty between 24800 and 25320, anticipating a potential breakout led by Nifty IT. Bank Nifty's breakout above 57100 indicates continued outperformance with targets set for new all-time highs. Top stock picks include Balkrishna Industries, Sona BLW Precision Forgings, and Hindalco, each exhibiting bullish patterns and breakout confirmations. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/nuWCg4a

India's green energy and tech ambitions face hurdles due to its reliance on China for rare earth elements (REEs), crucial for EVs, electronics, and clean energy. Despite holding significant reserves, India's REE production is minimal compared to China's dominance in mining, processing, and magnet production. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/reUWQO3

Amid global uncertainties, the RBI emphasizes India's strategic opportunity to strengthen trade ties, particularly with the upcoming UK FTA. Domestic economic activity remains steady, supported by a good kharif crop and strong services momentum. Headline retail inflation stays below 4%, while the external sector remains stable with ample forex reserves. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/cDZYNuU

Donald Trump declared the completion of a significant trade agreement with Japan, averting a threatened 25% tariff. The deal includes a 15% American tariff on Japanese imports and a $550 billion Japanese investment in the U.S., purportedly generating numerous jobs. Japan will also open its markets to American cars, trucks, rice, and other agricultural products, subject to reciprocal 15% tariffs. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/QiShMFd

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A parliamentary panel led by BJP's Baijayant Panda has recommended continuing tax exemptions for anonymous donations to religious-cum-charitable trusts in the new Income Tax Bill, 2025. The committee suggests allowing taxpayers to claim TDS refunds even after the ITR filing deadline without penalties. The report also proposes significant changes to how the bill treats income for non-profit organizations. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/U8jKIps

Despite Trump's August 1st deadline, US negotiators will visit India later in August, aiming for a bilateral trade agreement by Fall. Sticking points remain, particularly regarding American agricultural and dairy access, which India resists. India seeks gains in textiles, footwear, and auto parts. Trump's insistence on agricultural concessions and opaque deal-making with other nations are also concerns. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/DE0odu1

The HDFC and HDFC Bank merger continues to impact credit growth, pulling industry figures into single digits in Q1FY26. HDFC Bank's loan growth slowed post-merger to prioritize balance sheet stability, impacting overall banking system performance. While mortgage growth was slower than the industry average due to intense competition, the bank anticipates consumption recovery and MSME segment growth. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/xZlbIKQ

Adani Group plans to invest nearly Rs 1 lakh crore in its airport business in India over the next five years, focusing on infrastructure and real estate development. The investment will primarily target Navi Mumbai Airport, Mumbai Airport, and expansions in Ahmedabad, Jaipur, Thiruvananthapuram, and Guwahati. The group aims to capitalize on India's growth potential in the aviation sector. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/0CLe3UJ

The Rajasthan Staff Selection Board (RSSB) has announced the recruitment of 1,050 Support Engineers and Support Chemists under the Public Health Engineering Department (PHED). The application process will begin soon at rssb.rajasthan.gov.in. Eligible candidates with relevant engineering or science qualifications may apply. The selection process includes a CBT, document verification, and a final merit list. Salary is set at Rs 16,900 per month, with additional allowances as per government norms. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/JsR6L28

Blackstone has withdrawn from the consortium aiming to invest in TikTok's US operations, adding to the uncertainty surrounding the deal. The investment group, led by Susquehanna International Group and General Atlantic, was considered the front-runner to acquire majority control. The exit comes amid delays and US-China trade tensions. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/b1Ym30j

HDFC Bank and ICICI Bank both reported robust earnings growth for the June 2025 quarter, fueled by increased interest and non-interest income. HDFC Bank announced a bonus issue and dividend, with net profit rising 12.2%. ICICI Bank's net profit grew by 15.4%, driven by income growth, while both lenders expressed caution regarding margin pressures and certain retail lending segments. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/xUeqjy2

Reliance Industries reported a 76% surge in quarterly profit, reaching Rs 30,681 crore, driven by gains from stake sales and robust growth across its O2C, retail, and digital services. Jio's strong performance, with an ARPU of Rs 209 and a large customer base, significantly contributed to the overall positive results. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/R1YPyfm

Former Chief Justice of India, D Y Chandrachud, has stated that Viceroy Research's report on Vedanta Group contains defamatory allegations, harming the company's business and reputation. Chandrachud highlighted the report's imputations, including labeling Vedanta a “Ponzi scheme,” and questioned Viceroy's credibility, citing its history of short-selling and publishing misleading reports for profit. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/mcU6RXB

Sebi wants to improve India's derivatives market. Ananth Narayan suggests extending F&O contract tenures. He highlights concerns about short-term trading dominance. Regulators worry about household savings in speculative trading. A Sebi study reveals significant losses for individual F&O traders. Recent regulations aim to discourage short-term trading. Sebi acknowledges industry concerns about revenue impact. The focus is on sustainable market practices. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/6AlWKRd

HDFC Bank is set to consider issuing bonus shares and a special interim dividend during its board meeting on July 19, alongside reviewing Q1 financial results. This marks the bank's first potential bonus issue in over three decades. The interim dividend, if approved, applies to FY26. These proposals signal confidence post-merger, aiming to boost liquidity and shareholder returns. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/A2QqfIt

SBI is set to raise Rs 45,000 crore from capital markets, including a Rs 25,000 crore QIP, potentially the largest in India. This equity dilution of 3.3% follows board and shareholder approvals. The floor price is Rs 811.05 per share, with a possible 5% discount. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/UOtlGMa

Brokerage firms have varying outlooks on several companies. JP Morgan downgraded Tata Technologies due to mixed Q1 results, while Goldman Sachs is optimistic about Ola Electric's path to profitability. JM Financial initiated coverage on Kalyan Jewellers with a buy rating, citing growth opportunities. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/dosZSma

Donald Trump announced on Truth Social that Coca-Cola has agreed to replace high-fructose corn syrup with real cane sugar in its US soft drinks, following his request. Coca-Cola acknowledged Trump's support but didn't confirm the change. The potential switch sparks debate over economic impacts and health implications, as Trump's history with Diet Coke adds intrigue. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/bFSwREs

President Trump announced potential tariffs on imported pharmaceuticals by month's end, followed by semiconductor levies. These actions, under Section 232, aim to bolster US production, citing national security concerns due to high import volumes. The pharmaceutical tariffs could significantly impact major drugmakers, while semiconductor tariffs may affect tech giants and consumer prices. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/nl9uv0w

Stock market recommendations: Anand Rathi Shares suggests buying Tilak Nagar Industries, Orchid Pharma, and ITC. Tilak Nagar Industries shows range breakout with volume support. Orchid Pharma indicates potential breakout after downtrend. ITC displays renewed strength with an Inverse Head and Shoulders pattern. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/OExBhcT

US President Trump announced the US is pursuing a trade agreement with India, aiming for greater access to Indian markets, similar to the deal struck with Indonesia. Indian commerce ministry officials are currently in the US for trade talks, with expectations of reduced tariffs for India. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/1UoVEfe

Donald Trump announced a new trade agreement with Indonesia, significantly reducing tariffs on Indonesian exports to 19% and granting full market access to American goods. Indonesia has committed to purchasing billions in US energy, agricultural products, and Boeing jets. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/1TJhtOA

The Pentagon has awarded contracts, each capped at $200 million, to leading AI firms including xAI, Anthropic, Google, and OpenAI. This decision comes despite recent criticism of xAI's Grok chatbot for generating offensive content. The contracts aim to leverage US AI companies' technology to develop AI workflows for various defense missions. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/0iOIVFG

The US government has imposed a 17% import duty on most fresh tomatoes from Mexico. This decision aims to protect the American tomato industry. Talks between US and Mexican officials failed to reach a new agreement. The duty took effect immediately. It is expected to raise tomato prices in the US. American growers are likely to benefit from this move. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/mnbBiVy

The Federation of Indian Export Organisations (Fieo) has pinpointed over 300 promising export items to the US, urging tariff reductions. These items, ranging from frozen shrimps to smartphones, are commercially significant and strategically stable. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/0XNAu6h

RBI's new directive allows banks to accept voluntary gold and silver pledges for agricultural and MSME loans up to Rs 2 lakh, even within collateral-free limits. This aims to enhance financial inclusion in rural areas where gold is a liquid asset, enabling faster loan processing and reducing reliance on informal lenders. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/sbSVgJC

India has revised its 2015 mandate for installing flue gas desulphurisation (FGD) units, now focusing on coal-fired plants within 10 km of cities with over 1 million residents. This change, driven by cost concerns and studies indicating lower-than-threshold sulphur dioxide levels, is expected to reduce power costs. While criticised by environmentalists, officials claim the recalibration is efficient and climate-conscious. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Kc5sLBF

NLC India, a state-owned enterprise, is in advanced talks with a Russian entity to secure lithium from a mine in Mali, Africa, a crucial move for India's energy transition. This initiative aligns with India's strategy to ensure consistent lithium supplies for its clean energy goals, particularly for electric vehicle batteries. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/EKdU2OZ

The UK's Skilled Worker visa rules will change from July 22, 2025, with higher salary thresholds, stricter skill level requirements (RQF Level 6), and a longer 10-year path to settlement. Indian professionals in IT, engineering, and healthcare must act before this deadline to apply under the current rules. From July 15, all visas will be issued as eVisas, requiring digital compliance. Employers must also adjust sponsorship strategies and ensure timely applications. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/Hv58Jst