business

Indian business confidence soared in the April-June quarter, according to NCAER’s survey, with the BCI reaching 149.4. Optimism is fueled by expectations of economic improvement, better financial positions, and strong domestic demand. While firms anticipate increased production, sales, and exports, hiring and wage expectations remain stagnant, indicating a stable employment outlook. Companies also foresee a…

The Competition Commission of India (CCI) has approved Dalmia Bharat’s proposal to acquire the debt-laden Jaiprakash Associates Ltd (JAL) through the insolvency process. This clearance allows Dalmia Cement to submit its resolution plan for JAL, which faces substantial creditor claims. Other major bidders, including Adani Enterprises, are also participating in the insolvency bidding.

Tata Capital, the Tata Group’s financial arm, has filed updated papers with SEBI for a mega IPO estimated at $2 billion, valuing the company around $11 billion. The IPO includes a fresh issue of shares and an offer for sale by Tata Sons and IFC. Proceeds will boost Tata Capital’s Tier-1 capital.

US stock indices showed resilience on Tuesday, edging higher amid economic uncertainty and tariff concerns. Optimism surrounding potential Federal Reserve rate cuts and strong earnings from companies like Palantir and DuPont provided support. Investors remain cautious, awaiting stronger corporate earnings or policy easing to justify high valuations, with the Federal Reserve’s September meeting in focus.

The US trade deficit experienced a significant 16% decrease in June, reaching $60.2 billion, primarily due to a sharp decline in imports. This contraction was influenced by President Trump’s tariffs, which led to reduced foreign purchases amid rising costs. The goods trade deficit with China also narrowed amidst ongoing trade tensions between the two nations.

India has strongly responded to US President Trump’s tariff threats, highlighting the hypocrisy of Western nations continuing trade with Russia while criticizing India’s oil imports. India defends its energy procurement as vital for national interest and points out the significantly larger trade volumes between Europe and Russia.

Morgan Stanley’s analysis projects India’s rise as a key global economic player, driven by increased credit-to-GDP ratio and manufacturing sector expansion. Sustained demographic growth, stable governance, and infrastructure improvements support this trajectory. India is poised to become a prime consumer market with significant energy reforms, potentially leading to lower real interest rates and higher equity…

RBI’s Monetary Policy Committee, led by Governor Sanjay Malhotra, convened on August 4, 2025, to review key economic indicators. The committee’s decisions, especially regarding the repo rate, are highly anticipated amidst concerns over stalled India-US trade negotiations and potential tariff hikes.

India’s early achievement of its E20 ethanol blending target has sparked debates over mileage and engine performance. The government refutes claims of significant fuel efficiency drops, citing minimal impact on E20-compatible vehicles and emphasizing environmental benefits like reduced carbon emissions.