Business

India’s merchandise exports to the United States grew by 16.93% year-on-year in May, reaching $8.83 billion. Imports from the US, on the contrary, dipped 5.76% to $3.62 billion, according to data released by the commerce ministry.The upward trend continued into the April–May period, with exports to the US climbing 21.78% to $17.25 billion. Imports during the same period, however, rose …

A bioethanol plant will be forced to close “imminently” unless the government acts, according to its operator. Ensus, which runs the Redcar plant, said the recent UK-US tariff deal “fundamentally undermined its business position”, as it removed a 19% tariff on US ethanol imports. The firm’s chairman Grant Pearson said the government needed to come up with a “urgent” solution …

British luxury carmaker Jaguar Land Rover (JLR) sharply lowered its earnings outlook for the next financial year, citing growing uncertainty in the global automotive market and new US tariffs that threaten to disrupt international sales.On Monday, JLR revised its earnings before interest and taxes (EBIT) margin forecast for fiscal 2026 to between 5% and 7%, down from its earlier target …

WhatsApp is launching three new ad features in a global roll-out across the messaging app. The Meta-owned platform says the new ads will not be shown in the same place as people’s private chats, nor will the contents of their messages – which are encrypted – be used to decide which ads to display. WhatsApp will instead use the country, …

Indian companies are expected to register stable revenue growth in the April–June quarter of the current financial year, lifted by strong domestic demand, a report by ratings agency ICRA released on Monday said.However, lingering geopolitical tensions are likely to weigh on sentiment, particularly for export-driven sectors.ICRA projects operating profit margins for the first quarter of FY26 to remain steady at …

Vehicle segments demonstrated steady performance in May 2025, as indicated in a recent analysis from the Society of Indian Automobile Manufacturers, quoted by ANI.The combined domestic sales figures for passenger vehicles, three-Wheelers, two-wheelers, and quadricycles reached 20,12,969 units in May 2025.The strongest performance was observed in two-wheeler and passenger vehicle categories. However, three-wheelers and quadricycles experienced a downturn in their …

The State Bank of India (SBI), country’s largest lender, slashed its lending rates by 50 basis points, bringing much-needed relief to both existing and new borrowers.With this revision, SBI’s repo linked lending rate (RLLR) now stands at 7.75 per cent, while its external benchmark based lending rate (EBLR) dropped to 8.15 per cent from 8.65 per cent. Both changes came …

Users can share digital versions of their Aadhaar, choosing between complete or masked formats. Big e-Aadhaar revamp soon! In the coming weeks, a new QR code-based application will eliminate the need for physical photocopies of Aadhaar cards to be submitted. Users can share digital versions of their Aadhaar, choosing between complete or masked formats.By November, the Unique Identification Authority of …

Prom season is upon us, but for some families the monumental school event can be a financial burden. Elms Funeral Directors in Weston-super-Mare, north Somerset, is helping to make the night memorable for teenagers by offering free limo rides. Enquiries can be made confidentially, and those attending prom can even request things like bows and ribbons to personalise the limo …

Gold prices witnessed heightened volatility last week as escalating geopolitical tensions took center stage. (AI image) Gold price prediction today: Gold is back in focus amidst the ongoing Israel-Iran conflict which has added to its safe haven appeal in times of increased geopolitical tensions and uncertainties. Positive news on the US-China trade deal talks and better-than-expected US economic data have …