Business

China’s escalating export curbs on critical minerals are no longer just strategic warnings but a direct challenge to India’s industrial ambitions, think tank Global Trade Research Initiative (GTRI) said on Thursday, urging immediate action through reverse-engineering and localisation of key imports to reduce dependency on Beijing.“India must act to slash Chinese import dependence. There is…

India’s quick commerce industry is sprinting ahead in metros, but non-metro cities continue to trail behind, held back by weak demand, low digital adoption, and entrenched local shopping habits, according to a report by Redseer.The sector expanded nearly 150% year-on-year in the first five months of 2025, driven by aggressive rollout of dark stores, rapid…

US stocks inched higher on Thursday and Treasury yields surged after stronger-than-expected jobs data tempered expectations of a rate cut in July, pushing the S&P 500 to its fourth all-time high in five trading days.The S&P 500 rose 0.3%, continuing its record-breaking run, while the Nasdaq Composite gained 0.5%. The Dow Jones Industrial Average added…

The US labour market continues to defy expectations, with jobless claims falling and payrolls expanding, even as tech giants announce thousands of job cuts. New government data released Thursday showed a drop in unemployment claims alongside stronger-than-expected hiring in June. Jobless claims for the week ending June 28 declined by 4,000 to 233,000, the Labor…

The Confederation of Indian Industry (CII) has called for a comprehensive overhaul of India’s critical minerals policy, urging the government to allow automatic mining rights to companies awarded Exploration Licences. The industry body also pressed for viability gap funding and focused Free Trade Agreement (FTA) provisions to secure strategic mineral supply chains.“Environmental regulations should be…

India is taking a firm stance against US pressure in the proposed trade agreement. (AI image) India and the US are racing to seal a trade deal ahead of American President Donald Trump’s July 9 deadline, when 26% reciprocal tariffs on Indian goods will kick in. Despite India’s chief negotiator Rajesh Agarwal and his team…

This is an AI-generated image, used for representational purposes only. Indian Railways recorded a modest rise in freight traffic during the April–June quarter of FY26, with double-digit growth seen in key sectors like pig iron, finished steel, food grains, and container movement. However, this growth was tempered by a slowdown in coal, cement, and fertiliser…

Representative image (Picture credit: ANI) India’s startup ecosystem is showing renewed confidence in public fundraising, with at least 12 emerging tech firms filing draft IPO papers this year to collectively raise over Rs 18,000 crore (around $2.2 billion) through fresh share issuances. According to ET, the trend marks a growing shift towards local stock markets,…

Reliance Industries Limited’s chairman Mukesh Ambani has signalled intentions for initial public offerings of retail and telecommunications divisions. Billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) plans to consolidate its fast-moving consumer goods (FMCG) brands into a new entity. The new entity, to be named New Reliance Consumer Products Ltd (New RCPL), will operate as a…

Top stocks to buy today (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Titagarh Rail Systems, ICICI Prudential Life Insurance, and CESC are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for…