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India's economy recorded impressive growth of 7.8% during the April to June quarter, driven by a thriving manufacturing sector and a strong services industry. Domestic demand surged, bolstered by significant increases in investment and exports. Reflecting this positive trend, the government has upgraded growth projections for prior financial years, showcasing the economy's robust resilience in the face of global challenges. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/RG03oel

Japanese investors are showing strong confidence in India's economic growth potential. Political and policy certainty in India is encouraging more Japanese capital to flow. India's growing economy offers tremendous returns, attracting significant overseas investment. Japanese household money is expected to increase investments in India's market. This trend signifies a positive shift towards greater financial integration between nations. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/dzeThkq

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In a landmark move, the United States and Venezuela have forged a 25-year energy partnership designed to uplift Venezuela's ailing oil sector and enhance production capabilities. Under this agreement, rights to unexplored oil reserves will be held for a century, with the U.S. claiming fifty-five percent of the new venture's output. This collaboration promises to inject significant investments and generate tax income for Venezuela. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/TvNlI7H

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Streaming changed how the world listens to music. But for a long time, the relationship between artists and fans has largely stopped at the play button. Discovery happens on one platform, community happens on another and monetisation happens somewhere else if it happens at all. This partnership aims to close that gap. The wider ecosystem will also introduce new monetisation opportunities for artists. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/a8xjyDb

India, officials said, is seen to be a reliable player, which has a democracy and rule of law, in addition to a large and growing market. The pitch is also that a base in India will also help tap the large talent pool as well as traditional trade relations with West Asia and Africa, which also boasts of a large Indian diaspora. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/w5EtQMp

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Tomahawk, the first MG SUV on the multi-powertrain ADAPT platform, will anchor the C-SUV strategy for seven-eight years, while Windsor anchors SUV-B. Both models are targeted to reach 70% localisation by 2027, with localisation rising 2-3 percentage points monthly. Jindal declined to say whether the additional funding by shareholders in MG Motor would alter the shareholders’ stakes. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/MjuXFZH

The comments came a day after commerce and industry minister Piyush Goyal’s nudge to Japanese steel makers to source products from India, wherever it was available. Goenka also flagged challenges faced by pharma companies in registering their products in Japan. “That issue was raised as well, this is a challenge that is there… Pharma companies cannot even register their products yet in Japan.” from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/QoM3cvN

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The Donald Trump administration said on Monday that the new US sanctions are intended to shut off every potential source of revenue for Iran, while warning other countries that continuing their economic ties with Tehran could expose them to retaliation. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/XVjuKIU

Rising Commodity Prices, Adverse Forex Movements Take Toll from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/XB8ltdp

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In a significant turn of events, Canada has halted trade negotiations with the United States due to unresolved disagreements. Three critical demands from the US regarding Canada's auto industry and trade agreements proved too contentious. Additionally, restrictions concerning language and culture were deemed unacceptable. As a result, both nations are now enacting retaliatory tariffs on each other's products. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/yLu7vz0

Canada has halted trade negotiations with the United States due to perceived inequities in demands, leading to the US imposing hefty tariffs on Canadian exports. In response, Canada has unveiled countermeasures to address these tariffs. Prime Minister Carney criticized the US for its unreasonable requests while providing insufficient concessions. This escalation raises alarms about the future of economic collaboration between the two nations. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ULpgX9s

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India Expecting Growth In Space Sector From $8 bn to $44 bn by 2033: INSPACe head from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/7LhP8Vo

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Faces Possible 20% Decline In Opening Stock Of Sweetener from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/QaMPDHZ

Oil prices have settled at elevated levels, staying above ninety dollars per barrel. Investors are weighing the unpredictable US-Iran situation and the potential impacts on shipping routes through the Strait of Hormuz. While intermittent Middle East assaults bolster market sentiment, the absence of further escalations keeps a lid on price surges. Additionally, the UAE's suspension of financial transactions with Iran has raised regional tensions. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/CBMixG0

Regulatory Action Deprives Holdco From Transacting Biz from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/HAEr9tI

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India could reach a $20 trillion economy by 2036 with reforms. Services will drive this expansion, contributing over 65% of the GDP. A 20-step reform agenda targets taxes and capital markets for efficiency. Global capability centers and tourism offer significant growth opportunities. Successful execution of these measures is crucial for achieving the target. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/mB1oGdc

Over the past decade, India's engineering services exports have skyrocketed, registering a remarkable compound annual growth rate of 22.8 percent. Despite this impressive growth, the sector currently suffers from a lack of a robust regulatory framework. Niti Aayog has proposed the establishment of a central statutory framework specifically for construction and infrastructure engineers, as well as the inclusion of architects and engineers as allied professionals in this initiative. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/XPjkuBQ

Berkshire Hathaway is undergoing a notable transformation in its investment approach. The company has notably augmented its investments in Alphabet and US homebuilders, while simultaneously diminishing its stakes in various financial firms and other stocks. Additionally, Berkshire has completely divested from Constellation Brands within the quarter, indicating a thoughtful reallocation of its investment portfolio. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/HyCdY0V

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Food Inflation Rises To 5.52% From 5.32% A Month Ago from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/NzdnVT1

To Standardise Rate Setting Across Banks, NBFCs from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/oCnNc4z

'Not prepared', P 26 from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/ek9Mta3

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Retail investors turned into net sellers of SpaceX shares as of August 7, marking the end of a buying frenzy. This change coincided with a stock price recovery, indicating that individuals may be taking profits. The shares have struggled post-IPO, dropping beneath the initial offering price. Investors who were hopeful at the launch might now be looking to reduce their losses, even amidst a slight recovery in recent days. from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/jdDkcO3

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