8 result(s) for “Business News”
Volkswagen has halted further spending on its India electric vehicle programme while it waits for clarity on a proposed strategic tie up with Sajjan Jindal’s JSW Group. The move highlights the cost pressures facing automakers in India and could reshape local supply chain and export plans.
Jio Platforms, the digital arm of Reliance Industries, drew heavy interest from anchor and retail investors during its three day public offering, lifting Reliance shares and reshaping funding plans for the conglomerate’s digital expansion.
Minutes from the Reserve Bank of India’s October policy meeting show policymakers increasingly worried that inflation is broadening beyond food and fuel, prompting a shift to a calibrated tightening stance and leaving the door open for further rate increases. The deliberations reveal trade offs for growth, markets and borrowers as India navigates an oil-driven inflation shock and a resilient economy.
India’s central bank unveiled a package of measures on October 11, 2026 to calm extreme pressure on the rupee, offering direct dollar sales to state oil firms and raising the cost of speculative hedging. Officials say the steps are designed to reduce spot market demand for dollars while limiting one-way derivative bets that have amplified recent weakness.
The Reserve Bank of India on October 10 announced a dedicated foreign exchange facility for Indian Oil, BPCL and HPCL, along with tighter rules on rupee derivative trading, moves aimed at easing demand for dollars in the open market as the currency traded near record lows.
Amazon India opened its flagship Great Indian Festival on October 8, 2026, kicking off the country’s busiest retail window. The sale promises deep discounts and bank offers but raises fresh questions about pricing transparency, seller margins, and competition with rival platforms during the critical festive season.
A wave of new listings on October 5 sent fresh capital into India’s public markets, with Orient Cables registering a blockbuster debut and signaling renewed investor appetite for midcap initial public offerings.
The Federal Reserve’s first interest-rate increase in more than three years has put borrowing costs back at the centre of business planning, with companies and investors now watching inflation, energy prices and the possibility of further rate increases.