News Headlines from Business News Agencies:
Business Standard
India's forex reserves dropped by $2 billion to $686 billion: RBI
Walmart seeks India deals, but garment worker shortage blunts tariff edge
Zydus gets USFDA approval for generic drug to treat multiple sclerosis
Equity MF inflow dips in April; industry AUM hits record ₹70 trillion
Rajasthan govt aims over ₹12,950 crore in mining revenue for FY26
Private equity, M&A drive 3x jump in real estate capital in FY25
BrahMos project to attract fresh investment of ₹10K cr: UP govt official
India offers steep tariff cuts to speed up trade pact talks with Trump
Basmati prices up on higher demand, not due to India-Pak tensions: AIREA
China's April exports rise 8.1%, imports dip 0.2% despite slowdown fears
Mercedes-Benz India focuses on deep localisation as forex hit push costs up
Wipro ropes in ex-Goldman Sachs exec Sandeep Dhar to lead GCC business
Economic Times
SBI to sell over 13% stake in Yes Bank to Japan’s SMBC for Rs 8,889 crore
Global central bank gold reserves rise to 32,000 tonnes in 2024
RBI asks banks and NBFCs to be on high alert for potential cyber attacks
FTAs making India more competitive against markets like USA, China, Brazil
Coforge to top $2 billion revenue target, CEO says
Japanese tech company Panasonic cuts 4% of its global workforce as profits falter
India’s agri waste-to-energy initiative to get Rs 857 cr boost from Govt: MNRE Secretary
Govt sets record foodgrains production target for 2025-26 crop year at 354.64 million tn
India slaps anti-dumping duty on some Chinese, Vietnamese solar glass for 5 years
FDC recalls over 60,000 bottles of ophthalmic solution in US
Gail to invest Rs 5000 Cr in renewable energy facilities in Karnataka
Mint:
India’s sovereign credit rating upgraded to ‘BBB’ by Morningstar DBRS
Trai suggests 4% of adjusted gross revenue as satcom spectrum charges; 5-yr term
Sunil Mittal in talks to buy 49% stake worth $2 billion in Haier India
Coal India to invest ₹25,000 crore to augment renewable energy capacity
Cox & kings to pause new travel offerings to Azerbaijan, Uzbekistan and Turkey
India fast-tracks Chile trade deal as US tariff deadline looms
Godrej Consumer’s recovery hinges on premium shift, international play
Ravi Infrabuild Projects files draft papers with SEBI for ₹1,100 crore issue
Delhi HC orders seizure of 129 EVs leased by Gensol, BluSmart
High-speed Rail: Driving economic growth and sustainability in India
Centre puts off merger plans after trio of weak general insurers post profits.
Business Standard
India's forex reserves dropped by $2 billion to $686 billion: RBI Walmart seeks India deals, but garment worker shortage blunts tariff edge Zydus gets USFDA approval for generic drug to treat multiple sclerosis Equity MF inflow dips in April; industry AUM hits record ₹70 trillion Rajasthan govt aims over ₹12,950 crore in mining revenue for FY26 Private equity, M&A drive 3x jump in real estate capital in FY25 BrahMos project to attract fresh investment of ₹10K cr: UP govt official India offers steep tariff cuts to speed up trade pact talks with Trump Basmati prices up on higher demand, not due to India-Pak tensions: AIREA China's April exports rise 8.1%, imports dip 0.2% despite slowdown fears Mercedes-Benz India focuses on deep localisation as forex hit push costs up Wipro ropes in ex-Goldman Sachs exec Sandeep Dhar to lead GCC businessEconomic Times
SBI to sell over 13% stake in Yes Bank to Japan’s SMBC for Rs 8,889 crore Global central bank gold reserves rise to 32,000 tonnes in 2024 RBI asks banks and NBFCs to be on high alert for potential cyber attacks FTAs making India more competitive against markets like USA, China, Brazil Coforge to top $2 billion revenue target, CEO says Japanese tech company Panasonic cuts 4% of its global workforce as profits falter India’s agri waste-to-energy initiative to get Rs 857 cr boost from Govt: MNRE Secretary Govt sets record foodgrains production target for 2025-26 crop year at 354.64 million tn India slaps anti-dumping duty on some Chinese, Vietnamese solar glass for 5 years FDC recalls over 60,000 bottles of ophthalmic solution in US Gail to invest Rs 5000 Cr in renewable energy facilities in KarnatakaMint:
India’s sovereign credit rating upgraded to ‘BBB’ by Morningstar DBRS Trai suggests 4% of adjusted gross revenue as satcom spectrum charges; 5-yr term Sunil Mittal in talks to buy 49% stake worth $2 billion in Haier India Coal India to invest ₹25,000 crore to augment renewable energy capacity Cox & kings to pause new travel offerings to Azerbaijan, Uzbekistan and Turkey India fast-tracks Chile trade deal as US tariff deadline looms Godrej Consumer’s recovery hinges on premium shift, international play Ravi Infrabuild Projects files draft papers with SEBI for ₹1,100 crore issue Delhi HC orders seizure of 129 EVs leased by Gensol, BluSmart High-speed Rail: Driving economic growth and sustainability in India Centre puts off merger plans after trio of weak general insurers post profits.