Government officials announced on Friday that goods and services tax changes will reduce expenses for Karnataka producers of coffee, dairy products and cashews. The reforms lower levies on instant coffee, paneer, processed nuts and handicraft items with projected retail decreases between 5 and 12 percent. Karnataka supplies 71 percent of Indian coffee from districts such…
Indian exports climbed 5.19 percent to $346.1 billion from April through August 2025 compared with $329.03 billion in the same months of 2024. The growth exceeded the global average of 2.5 percent despite uncertain international market conditions. Electronics led gains with a 40.6 percent increase, while engineering goods rose 5.86 percent to $49.24 billion, and…
Sagar Cements’ stock dropped nearly 4 percent on Friday after the Telangana company released results for the September 2025 quarter. Shares hit an intraday low of 232.9 rupees on the National Stock Exchange as investors reacted to weaker sequential performance. The cement maker posted a loss of 44.17 crore rupees compared with a profit of…
Prime Minister Narendra Modi mourned advertising executive Piyush Pandey on Friday after his death at age 70 from an infection. The prime minister praised the Padma Shri recipient for transforming commercial communication and recalled their past meetings. Modi posted condolences to Pandey’s family and supporters on the social media platform X. Pandey served as Executive…
Indian real estate attracted $2.9 billion across 42 transactions in the third quarter of 2025, setting a new quarterly record, according to Grant Thornton Bharat on Friday. The total comprised nine public market activities with five initial public offerings and four qualified institutional placements. Private deal 33 generated $1.8 billion, as commercial and retail properties…
The World Bank approved $280 million on Friday to expand health services for 11 million elderly and vulnerable residents in Kerala. The Kerala Health System Improvement Programme will strengthen digital health platforms and establish home care for bedridden seniors while tracking hypertension and diabetes patients electronically. Paul Procee of the World Bank stated that robust…
Adani Group Chairman Gautam Adani paid tribute to advertising executive Piyush Pandey on Friday after his death at age 70. The Padma Shri recipient died from complications of an infection while serving as Executive Chairman and Chief Creative Officer at the Ogilvy advertising agency. Adani credited Pandey with establishing confidence and cultural identity within Indian…
Indian manufacturing expanded in October as the purchasing managers index climbed to 58.4 from 57.7 the previous month, according to HSBC data released on Friday. The S&P Global report showed growth stemmed from stronger domestic orders and controlled input expenses following goods and services tax reductions. Factory output and new business exceeded average levels recorded…
Government officials and business executives mourned advertising veteran Piyush Pandey, who died on Friday at age 70. The Padma Shri awardee served as Executive Chairman and Chief Creative Officer Worldwide at Ogilvy before succumbing to a severe infection. His funeral service was scheduled for 11 a.m. at Shivaji Park in Mumbai. Commerce Minister Piyush Goyal…
The Chhath Puja festival will generate approximately 38,000 crore rupees in trade across India this year, according to the Confederation of All India Traders announcement on Friday. The figure represents a 22.58 percent increase from last year’s 31,000 crore rupees as roughly 150 million people participate in the four-day celebration honoring the Sun God. Trade…
