Business updates

Business updates

Govt sees India GDP growth rate at 7.4% for FY26 amid Trump tariff heat

The projection is higher than that of the Reserve Bank of India's of 7.3% and beat last year's GDP growth rate of 7.3%.>

Trent loses $20-billion market cap since 2024 peak as ‘Zudio’ rally wears off

Trent added 65 stores across Westside and Zudio in the October-December quarter, but revenue per square foot fell 16% on patchy urban demand.>

India’s services sector activity eases in Dec, shows PMI survey

Export demand strengthened during the month, bucking the broader slowdown in activity. New export orders rose at a marked pace and faster than in November>

Piyush Goyal heads to Brussels for India-EU FTA talks

Commerce secretary Rajesh Agrawal is also in Brussels to resolve technical issues alongside senior European Union officials>

Tech Tonic | Why do we still crave a BlackBerry phone?

In an age of AI assistants, phones as supercomputers and large phone displays, a humble physical keyboard shouldn’t feel revolutionary. Yet somehow it does.>

India’s crude import cost slips below $60 a barrel

The fall in international oil prices has impacted India’s crude oil import bill, saving around $11 billion on an annualized basis in the first eight months of the current fiscal>

Just 0.01%? Citi, JPMorgan opt out of $1.4-billion SBI Funds IPO on low fees

When State Bank of India raised ₹25,000 crore (~$2.8 billion) through a share sale in July 2025, it reportedly paid six bankers just one rupee each.>

RBI seen resorting to heavy intervention again to support rupee against dollar

Prior to the RBI-engineered recovery, the rupee had fallen about 1% against the US dollar over the past two weeks.>

Infosys taps AWS for AI push as Indian IT firms pivot for Agentic AI era

Infosys will combine its Topaz AI-first services with AWS’sGen AI assistant to automate complex workflows in software, HR and vendor management.>

Thyssenkrupp is said to weigh sale of steel business to India's Jindal Steel

Jindal Steel has been conducting due diligence on Thyssenkrupp Steel Europe since October after making an indicative bid for Europe’s second-largest steelmaker.>

Credits : HTimes