BUSINESS
Jindal Stainless awaits clarity on impact of Trump’s fresh tariffs
The stainless steel maker primarily exports to Europe and the United States, but is now expanding into Japan, Southeast Asia and the Middle East to offset declining volumes amid weak demand and geopolitical uncertainties. In Q3FY25, exports contributed only 8 per cent of the company's sales.
BUSINESS
US metal tariffs may hit Indian steel firms, but Hindalco-backed Novelis could be a key beneficiary
While India is not a major exporter of primary steel or aluminium to the US, analysts said that local manufacturers could feel the pinch if excess steel capacity in China and South Korea is directed towards India.
BUSINESS
RBI rate cut to give a consumption boost to automobiles, real estate and consumer durables, say experts
Sectors like consumer durables, including companies such as Voltas and Havells, are expected to gain as financing costs drop, boosting sales of household goods, Ananth Rathi's Head of Research Narendra Solanki has said
BUSINESS
ITC Q3 results: Net profit rises marginally to Rs 5,638 crore, beats estimates; Rs 6.5 dividend declared
The FMCG-to-cigarettes conglomerate reported 8% rise in standalone revenue from operations at Rs 18,290 crore in Q3FY25
BUSINESS
Star Cement CFO says 'no plans for further stake sale'
Star Cement has the highest market share in the north eastern region and 79 per cent of its sales comes from the region.
BUSINESS
Chinese Wok, Big Bowl owner Lenexis to focus on expansion in smaller cities
The company operates a diverse portfolio of brands, including Chinese Wok, Big Bowl, The Momo Co, and Rolls and Bowls. It expects margin improvement by 700 to 900 basis points in FY25 compared to last year.
BUSINESS
Titan flags hike in gold lease rates by banks amid Trump tariff scare, shares crack 3%
Rising gold lease rates could squeeze margins unless the jewellery makeing companies adjust pricing strategies or find alternative sourcing methods.
BUSINESS
Nestle India flags further price hikes amid high input cost inflation
Naryanan pointed to a 75 per cent increase in coffee prices which he claimed as 'difficult to be absorbed' by the company.
BUSINESS
India's textile, apparel players positioned to benefit from Trump tariffs
As per data from the United States International Trade Commission (USITC), China has been the leading supplier to the world's largest textile importer between 2013-2023, followed by Vietnam, Bangladesh and India.
BUSINESS
Durables, FMCG, automobiles set for consumption boost after no tax on annual income of up to Rs 12 Lakh
Analysts expect companies like Hindustan Unilever, ITC, Dabur and Nestle to directly benefit from the consumption boost.
BUSINESS
Budget puts rural demand revival at the core of new agriculture measures
The government has also enhanced the short-term loan limit under the Kisan Credit Card (KCC) scheme from Rs 3 lakh to Rs 5 lakh for 7.7 crore farmers, fishermen, and dairy farmers.
BUSINESS
Govt announces reforms to strengthen electricity distribution, transmission
The measures come as power distribution companies battle financial issues amid poor billing and collections and delays in tariff orders among other challenges
BUSINESS
No valid economic rationale for shutting down coal plants in India: Economic Survey
The official document noted that India will need to implement innovative strategies and robust implementation plans to confront both the challenges posed by climate change and the need for sustainable development to take centre stage.
BUSINESS
Nestle India Q3 Results: Net profit up 6% YoY at Rs 696 crore; Rs 14.25 per share dividend declared
Nestle India Q3 FY25 results: The FMCG major was expected to report a fall in Oct-Dec net profit due to weak operational performance and margin squeeze from high coffee and cocoa prices.
BUSINESS
U.S. Finance Agency DFC reaffirms commitment to partnership with India, says official"
On January 22, newly-appointed US Secretary of State Marco Rubio met External Affairs Minister S Jaishankar and expressed Trump administration's desire to advance economic ties with India.
BUSINESS
Hindustan Copper set to benefit as slumping refining charges shift leverage toward mining companies
The shortage of copper began intensifying around 2021-2022, driven by the growing mismatch between limited supply and the increasing demand for the metal.
BUSINESS
India committed to buy economically-priced energy: Oil minister Hardeep Singh Puri
Indian refiners including IOCL, BPCL and HPCL have been in talks with Russia for finalising crude oil term-deals.
BUSINESS
US withdrawal from Paris accord may slow India's transition to green energy
India’s solar module exports have seen a sharp rally in the last two years. Indian companies have been counting on investment support and technology transfers from the US to accelerate renewable energy growth.
BUSINESS
Hindustan Unilever Q3: Small packs drive sales; urban demand continues to be weak
The FMCG major saw a 19 percent growth in its Q3 profit driven by a one time exceptional gain from the divestment of its water purifier business Pureit
BUSINESS
Budget 2025: FMCG sector may see policy measures aimed at driving consumption, experts say
Analysts highlight the need for employment-linked incentives, a National Retail Trade Policy, expanded PLI schemes for consumer goods, and affordable financing for small retailers.
BUSINESS
FMCG giants capitalise on Mahakumbh 2025 with innovative activations to tap rural markets
Estimates by the Confederation of All India Traders suggest that the event is expected to generate trade worth approximately Rs 2,00,000 crore in the region.
BUSINESS
Starbucks India retains welcome mat, no plans to restrict restroom and facility access amid global changes
Starbucks India operates as a 50:50 joint venture between Starbucks Corporation and Tata Consumer Products, under the brand name Tata Starbucks. Established in 2012, the coffee chain has more than 450 outlets in the country.
BUSINESS
Budget 2025: New energy players expect incentives, policy boost
India has an ambitious target to reach 500 GW of renewable energy by 2030. This would require the government to add nearly 50 GW annually until 2030, almost three times the annual capacity addition in the post-covid period.
BUSINESS
Organised jewellery makers gain market share, capitalise on demand for lightweight jewellery
Over the past four years, companies are expanding at a breakneck speed with reports suggesting addition of nearly 500 stores by large jewellery retailers in the next two-three years
