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India’s chemical and pharmaceutical industry gains traction as Europe faces decline: Nuvama
Business

India’s chemical and pharmaceutical industry gains traction as Europe faces decline: Nuvama

India is increasingly making a mark in the global pharmaceutical Contract Development and Manufacturing Organization (CDMO) sector while rapidly scaling up its production in fine

Adani Group pays ₹58,104 cr tax in FY24
Business

Adani Group pays ₹58,104 cr tax in FY24

Ports-to-power conglomerate Adani Group on Sunday said group companies paid ₹58,104 crore in taxes in 2023-24, up from ₹46,610 crore in the previous financial year.

Donald Trump’s assault on aid sparks chaos in east Africa’s relief hub
Finances

Donald Trump’s assault on aid sparks chaos in east Africa’s relief hub

Business at hotels, car rentals and shops — even a nail bar — in aid-dependent areas of Kenya has fallen in the weeks since Donald

Bank of Maharashtra slashes interest rate on retail loan by 25 bps
Business

Bank of Maharashtra slashes interest rate on retail loan by 25 bps

State-owned Bank of Maharashtra (BoM) has cut interest rate by 25 basis points on retail loans, including home and car loans in line with reduction

‘Rising temperature may increase probability of default in 30% of agri loan portfolio by 2030’
Business

‘Rising temperature may increase probability of default in 30% of agri loan portfolio by 2030’

Rising temperature and growing threat of climate change may increase default risk in 30 per cent of agri and housing loans portfolio in the next

Investors told of golden age of US-Saudi co-operation at Miami conference
Finances

Investors told of golden age of US-Saudi co-operation at Miami conference

Billionaires attending an investment conference in Miami hosted by Saudi Arabia were told of a new dawn of co-operation between the oil-rich kingdom and the

Singapore fund managers face lengthy licence wait amid surge in applications
Finances

Singapore fund managers face lengthy licence wait amid surge in applications

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Fund managers are facing lengthy

IT sector may see cautious salary hikes in FY25 amidst economic headwinds and AI adoption
Business

IT sector may see cautious salary hikes in FY25 amidst economic headwinds and AI adoption

Salary increments in India’s ₹250 billion IT services sector are projected to be moderate in fiscal year 2025, as companies navigate a complex landscape of

Tata Motors share: Is this stock to buy amid top officials resignation ahead of demerger?
Stock Market

Tata Motors share: Is this stock to buy amid top officials resignation ahead of demerger?

Tata Motors Ltd has witnessed the departure of several senior executives as the company restructures its operations, separating its car and truck manufacturing divisions to

Assassins’ bullets rip through golden elite of Tashkent
Finances

Assassins’ bullets rip through golden elite of Tashkent

As soon as the Range Rover began to slow down at a light, at a railway crossing in the wealthy Qibray suburb of Tashkent, the