Business

29

Aug

By The Press Editor

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Business

Market Opening Bell: Sensex, Nifty flat amid positive global cues, Nifty FMCG gains 1.58%

Sensex, Nifty Today: In early trade, 1,505 stocks in the Nifty pack were trading in the green, while 871 were trading in the red. Seventy-seven stocks remained unchanged. Mumbai: Indian equity benchmark indices, the Sensex and Nifty, started the session in the red on Friday, August 29, 2025, despite positive global cues. The 30-share BSE Sensex shed 69.74 points to start the session at 80,010.83; the Nifty fell 34.2 points to open at 24,466.70. In the last trading session, the Sensex closed at 80,080.57 and the Nifty 50 at 24,500.90. Similarly, the broader indices also traded in the red in…

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28

Aug

By The Press Editor

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Business

Government to expedite rollout of export promotion mission amid US tariffs

The USA's steep 50 per cent tariffs on Indian goods entering America will severely impact exports and job creation in labour-intensive export sectors such as shrimp, apparel, leather and gems and jewellery. New Delhi: To extend support to exporters amid additional tariffs by the United States, the government is trying to speed up the rollout of the export promotion mission, a government official said on Thursday. The remarks come a day after the US imposed a total of 50 per cent tariffs on Indian shipments. The official said that exporters have sought help on the liquidity front and all issues…

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28

Aug

By The Press Editor

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Business

Four new flyovers to come up in Gurugram: Check key locations, deadline, project cost

Four new flyovers in Gurugram: Union Minister Harsh Malhotra said four new flyovers at Panchgaon Chowk, Rathiwas, near Hero Company, and Sahlawas, as well as Foot Over Bridges (FOBs) at nine strategic locations, will be built at an estimated cost of Rs 282 crore. Gurugram: Here comes a piece of good news for the commuters in Gurugram. Four new flyovers are scheduled to be constructed soon to alleviate traffic congestion in the city. In this regard, Union Minister of State for Road, Transport and Highways Harsh Malhotra has laid the foundation stone at Panchgaon Chowk, Rathiwas, near Hero Company, and…

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28

Aug

By The Press Editor

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Business

Trump’s tariff war brings Beijing-New Delhi closer? Know about Chinese President Jinping’s secret letter to India

According to the Ministry of External Affairs (MEA), the two sides also agreed to take practical steps to facilitate visas and promote exchanges between the media and think tanks. New Delhi: A lot is being talked about US President Donald Trump's doubling of tariffs on imports from India to 50 per cent, as a punishment for buying oil from Russia. Some of the first tariffs announced by Trump targeted China, Canada, and Mexico. However, these were later amended, increased or postponed. Earlier this month, he reportedly delayed the implementation of high US tariffs on Chinese goods for another 90 days.…

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28

Aug

By The Press Editor

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Business

Indian Railways to upgrade Vande Bharat Express trains with more coaches on seven routes, check full list

Vande Bharat Express: A Railway Board official further said apart from these upgrades, more 20-car Vande Bharat trains will be ready for launches and one 16-car train will be available for augmentation. New Delhi: Train passengers will enjoy more comfort as the Indian Railways said it will soon upgrade the Vande Bharat Express trains with more coaches on seven operational routes after considering the high occupancy of passengers. An Indian Railways official told news agency PTI that at present four 8 coaches (also called cars) and three 16 coaches Vande Bharat trains are operational on these routes. “The 16-car…

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28

Aug

By The Press Editor

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Business

Mumbai-Ahmedabad Bullet Train: As countdown begins, new images reveal rapid construction across corridors

Mumbai-Ahmedabad Bullet Train: The stations will also have advanced public announcement systems and clear signage, as well as information kiosks, aiming to enhance the convenience of passengers by guiding them efficiently. Mumbai: The Mumbai-Ahmedabad Bullet Train project is nearing its final phase, with its network in Gujarat witnessing rapid advancements through the development of eight modern stations. The National High-Speed Rail Corporation Limited (NHSRCL) has said that the structural work has been completed at several of the stations falling in Gujarat, which include Vapi, Bilimora, Surat, Bharuch, Vadodara, Anand, Ahmedabad, and Sabarmati. It added that finishing activities, such as interiors,…

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28

Aug

By The Press Editor

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Business

10-hour workday? This state may increase working hours for private sector staff | All you need to know

The labour department is working on five significant changes in the Maharashtra Shops and Establishments (Regulation of Employment and Conditions of Service) Act, 2017. Mumbai: Amid debate over work-life balance following remarks by some industry leaders, the Maharashtra Government is considering a proposal that could impact the daily work routine of private sector employees. According to Labour Minister Akash Fundkar, the state government is considering increasing the maximum daily working hours for private sector employees from the present nine to 10 hours a day. According to reports, the state labour department presented the proposal to the state Cabinet during its…

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28

Aug

By The Press Editor

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Business

Big boost for Ghaziabad-Delhi commuters as Hapur Chungi Flyover gets longer | Details inside

Since the length of the flyover has been increased, the escalation in the cost is being analysed, which can increase by an approximate figure of Rs 25 to Rs 30 crores. New Delhi: In what comes as good news for daily commuters who travel between Uttar Pradesh’s Hapur district and New Delhi, they are slated to get a relief from frequent traffic jams as the length of the already approved flyover on the Delhi to Hapur stretch has now been increased. It implies that the four-lane flyover, which was earlier proposed to be of 800 meters, will not be expanded…

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28

Aug

By The Press Editor

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Business

India may emerge as world’s second-largest economy by 2038 despite US tariffs: Report

The report also said that with appropriate countermeasures, India can limit the adverse impact of higher US tariffs on selected Indian imports to about 10 basis points of real GDP growth. New Delhi: India is emerging as one of the most dynamic among the world’s five largest economies and has the potential to become the second-largest economy by 2038, with a USD 34.2 trillion GDP (Gross Domestic Product), despite global uncertainties and higher tariffs from the United States, according to an EY report. It said that India’s economy could reach USD 20.7 trillion in terms of purchasing power parity (PPP)…

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28

Aug

By The Press Editor

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Business

749% return in 3 years: This BSE smallcap stock surges 5% amid market sell-off – Do you own?

According to BSE Analytics, the counter has delivered a whopping 8,600 per cent return in five years and 749 per cent in three years. While it has gained 46 per cent in two years, the stock has corrected 30 per cent in one year. Mumbai: On a day when the benchmark indices experienced a decline amid the implementation of an additional 25 per cent tariff on domestic imports by US President Donald Trump, shares of this BSE-listed smallcap company surged almost 5 per cent. The stock under discussion is Mercury EV-Tech, which has a market capitalisation of Rs 975.13 crore.…

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