Business

A rising tide of protectionism is reshaping global trade, but it is not the end of globalisation—rather its rebirth, said Mahindra Group Chairman Anand Mahindra in his address to shareholders in the company’s 2024–25 annual report. Mahindra believes this transition offers India a unique opportunity to emerge as a new centre of gravity in what he called “Globalisation 2.0”.“India, too, …

Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBICAP Securities, Apollo Hospitals Enterprise, and LT Foods are the top stock picks for the upcoming week. Here’s his view on Nifty, Bank Nifty and the top stock picks with a 3-month horizon: Nifty View The squeeze sets the stage—the breakout …

Gold rate outlook: Gold prices are expected to remain subdued next week as investors await crucial US macroeconomic data, which may offer fresh signals on the Federal Reserve’s stance on interest rates, analysts said.Improving risk appetite and easing geopolitical tensions have reduced investor interest in traditional safe-haven assets like gold, pushing them towards riskier assets such as equities.The US Federal …

Just 21 out of the 42 manufacturers eligible under the telecom production-linked incentive (PLI) scheme have received incentives till March 31, 2025, with total disbursements reaching Rs 1,162 crore, according to data provided by the Department of Telecommunications (DoT).The telecom PLI scheme, which began on April 1, 2021, and is scheduled to end in the current fiscal year, had earmarked …

RBL Bank is targeting higher net interest margins (NIM) from its retail business by expanding its share of higher-yielding assets, including a foray into commercial vehicle (CV) financing and used four-wheeler loans in the next three months, a top executive said.Kumar Ashish, head of retail assets and collections, said the private sector lender is looking to grow its retail book …

We take a look at the top three upcoming changes in train ticketing and what they mean for passengers: Indian Railways train ticket operations set for a major revamp: In a move aimed at enhancing comfort for passengers, Indian Railways is planning to gradually roll out three key changes to its passenger reservation system. The steps will involve a new …

Indian IT giants are reorienting their business models around artificial intelligence, shedding traditional digital transformation narratives in favour of AI-native strategies focused on high-margin applications and integration — not foundational AI research.A review of FY25 annual reports of Tata Consultancy Services (TCS), Infosys, Wipro and Tech Mahindra reveals a clear pattern: India’s top tech firms are positioning themselves as leading …

India’s top food brands: Amul tops again; Mother Dairy climbs to No.2 Amul has once again emerged as India’s most valuable food brand, with a brand value of $4.1 billion, according to the Brand Finance India 100 – 2025 report. The Gujarat-based dairy giant retained its top position ahead of Mother Dairy, which climbed to second place with a brand …

Tata Steel has received a show cause-cum-demand notice from tax authorities over ‘alleged irregular availment of input tax credit’ (ITC) totalling over Rs 1,007 crore for the financial years 2018-19 to 2022-23, the company informed stock exchanges on Sunday.According to the notice dated June 27 from the Office of the Commissioner (Audit), Central Tax, Ranchi, the steelmaker has been asked …

Zomato co-founder Deepinder Goyal is venturing into the regional aviation space with LAT Aerospace, a startup that aims to redefine short-haul air travel in India, according to a LinkedIn post by LAT co-founder Surobhi Das.“While building Zomato and flying across India, Deepinder and I kept circling back to the same question: Why is regional air travel still so broken—expensive, infrequent, …