According to top sources in govt, Foxconn executives have surveyed the plot of land near Sanand and the company will take a call on finalising the location in the coming weeks. “The company intends to set up a mobile phone and other high-end electronics manufacturing plant,” a senior state govt official said, clarifying that Gujarat
“Emerging markets are driving growth for Nestlé across the board and India is leading the pack,” Nestle’s global CEO Philipp Navratil said in his first visit to the country, after taking the helm in Sept last year. At present, India is among its top 10 markets, and the potential to move up is “on the
Goyal said there is interest on both sides in growing textiles trade. While Indian textiles players were unable to crack the Japanese market for several years due to low interest level, but some headway has been made as homegrown players now understand the requirements better in terms of understanding the quality and styles required here.
Latest available data estimated exports during the third week of Aug at over $25 billion, a senior official said, on the condition of anonymity. Commerce and industry minister Piyush Goyal has set an ambitious target of goods and services exports reaching the $1-trillion mark for the first time. Exports have been driven by petroleum products.
The closing stock for sugar season 2026 (runs from Oct to Sept) is estimated at 3.9 MMT, about 25% lower than the previous year and 40% below the five-year average of 6.5 MMT, analysts at Crisil Intelligence said in a note, prompting govt to allow import of 10 lakh tonnes of raw sugar, the first
India has been seeking a review of the agreement for several years but the Japanese side was holding out. A breakthrough of sorts was achieved last month when Prime Ministers of both countries said the two sides should discuss the pact and make it more contemporary. Bilateral trade between the two countries was pegged at
Gold prices have corrected in the last few months from their historic highs after rising meteorically the whole of 2025. This led many to question whether the bull run in the precious metal is over.
When two earning members of a household apply together for a loan, their combined income can potentially improve loan eligibility and help manage repayment burden more efficiently. Most banks and HFCs reiterate that adding an earning family member as a co-applicant can improve their borrowing eligibility.
In a bid to attract the brightest minds, high-frequency trading firms in India are ramping up intern compensation to unprecedented levels. This surge in hiring is influenced by stricter regulations on derivatives and a lull in equity market movements. Companies such as Quadeye and Graviton Research Capital are notably enhancing their internship packages, with global
India’s rice exports to Iran are expected to continue despite tougher US sanctions. Demand from Iran remains firm for food security reasons, ensuring continued purchases. Indian exporters utilize alternative payment channels in countries like Turkey and the UAE. Essential goods like rice and pharmaceuticals are unlikely to face disruption. Bilateral trade has significantly declined from
