Representative image | Photo Credit: Getty Images/iStockphoto The new GST regime previewed by Prime Minister Narendra Modi in his Independence Day address would be consumer-centric, with particular emphasis on the poor, the MSMEs, the middle class and the farmers, senior government sources said on Sunday (August 17, 2025). The new two-tier Goods and Services Tax […]
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Lodha Mathematical Sciences Institute (LMSI) was on Sunday (August 17, 2025) established in Mumbai to provide a collaborative and meritocratic environment for mathematics researchers from across the globe. Called “the first ever privately funded mathematics research institute in the country, LMSI is backed by Lodha Foundation, which received about Rs 20,000 crore endowment from the Lodha […]
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Private investment is taking place in the country, but is concentrated in a few sectors and has been exhibiting a “stop-start” effect since the COVID-19 pandemic, according to Subhrakant Panda, Managing Director of Indian Metals & Ferro Alloys Limited and former President of the Federation of Indian Chambers of Commerce & Industry (FICCI). While some […]
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SPIC Chairman Ashwin Muthiah Southern Petrochemical Industries Corporation Ltd reported a consolidated net profit after tax of ₹66.71 crore for the April-June 2025 quarter, aided by operational efficiency and lower input costs, the company said on Sunday (August 17, 2025). The city-based agri-nutrient and fertiliser firm had posted a net profit of ₹62.55 crore in […]
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Shipments of engineering, textile, and apparel goods, which have a large number of MSME exporters, registered growth in July compared with the year-earlier month. Textiles exports registered 5.84% year-on-year growth in July, while apparel exports climbed 4.75%. Cumulative exports of textiles and apparel in July was 5.37% higher than July 2024. And, cumulative exports of […]
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Flexible workspace solution provider Table Space Technologies Private Ltd. has taken on lease 5,34,532 sq. ft. of office space at a monthly rent of ₹65 per sq. ft. amounting to about ₹3.5 crore at Intellion Park in Sector 59, Gurugram, according to the property registration document reviewed by real estate data analytics firm PropEquity. The […]
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EVs are now present in 65% of pin codes, 84% EVs are used as primary vehicles, running 1,600 km/month and driven 27 days/month, covering 95%+ roads, with 50% owners taking trips over 500 km, as per the report. | Photo Credit: NAGARA GOPAL Overcoming range anxiety and price barrier, electric-ehicle (EV) adoption and usage has […]
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Pavan Kumar Kavad | Photo Credit: Special Arrangement With demand for foreign currencies increasing from corporates, travellers and students studying in foreign universities, Chennai-based Prithvi Exchange, which is into selling foreign currencies, issuing forex cards and facilitating remittances abroad, is planning to expand store network to serve it’s customers better. The company has decided to […]
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Markus Helfrich | Photo Credit: Special Arrangement Samsung Electronics-owned HARMAN Automotive’s SVP, HR, Markus Helfrich said the broader environment comprising geopolitics, supply-chain issues, semi-conductor shortage, has heavily impacted the global automotive industry. However, ‘‘These challenges have definitely made the industry more cautious, more resilient in sourcing and handling partner ecosystems, building location strategy, but also made […]
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The Treasury Department is expected to issue updated guidelines as soon as August 18 [File] | Photo Credit: REUTERS The Data Center Coalition, which represents data center owners including Google, Amazon and Microsoft, called on U.S. Treasury Secretary Scott Bessent to uphold existing rules for wind and solar energy subsidies, saying they have enabled the […]
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