Russiabacked private refiner Nayara Energy, which was sanctioned by the European Union last month, has sought help from India's shipping ministry to get vessels for the movement of its refined fuels, a government source said on Thursday.

Former diplomat Vikas Swarup and economist Surjit Bhalla weigh in on the US tariff threat under President Trump. They argue that India holds strategic leverage and must respond with reforms and patience—not panic.

Former diplomats Anil Trigunayat and Veena Sikri say Trump’s 50% tariff on Indian goods stems from BRICS fears, Russian oil ties, and strategic frustrations.

In response to additional 25% US tariffs, India’s Commerce Ministry held consultations with exporters from the textiles and chemicals sectors. Relief measures under the Export Promotion Mission and export scheme extensions are under active consideration.

The first quarter of FY26 saw mobile experts of $7.6 billion as against $4.9 billion in Q1 of FY25. Non-mobile exports also saw an growth of 36%, growing from $4.8 billion to $3.53 billion.

Soumya Kanti Ghosh, Group Chief Economic Advisor at State Bank of India, and Lakshmanan V., Group President & Head of Treasury at Federal Bank, agreed that labour-intensive sectors such as gems and jewellery and textiles are taking the hardest hit from the tariffs, risking job losses and reduced orders. In contrast, electronics machinery and pharmaceuticals […]

Reacting to Trump’s decision to impose an extra 25%, Congress leader Rahul Gandhi called the move “economic blackmail” and “an attempt to bully India into an unfair trade deal”.

India presumes that buying Russian oil may not be the only reason from Trump to announce additional tariffs, while staying hopeful that the US-India relations would improve in the long term. Read on:

Still, the San Francisco Fed chief said the central bank has more work to do to fully cool inflation to its 2% target. She added that tariffs will lift prices in the near term, but that effect likely won’t be persistent enough to warrant a response from the central bank.

Ajay Sahai, Director General & CEO of the Federation of Indian Export Organisations (FIEO), called the tariff hike “shocking and disappointing.” He warned that Indian exporters will be priced out of the US market.

Worries are high that Trump’s tariffs are damaging the economy, particularly after last week’s worse-than-expected report on the job market. But hopes for coming cuts to interest rates by the Federal Reserve and a torrent of stronger-than-expected profit reports from big US companies are helping to offset the concerns, at least for now.

Revenue from operations, however, grew 1 4.8% YoY to ₹3,942 crore, against ₹3,433 crore in the year-ago period. This figure too fell short of the CNBC-TV18 poll, which had pegged revenue at ₹4,096.2 crore.

The company's revenue from operations increased 19.9% to ₹121.6 crore as against ₹101.4 crore in the corresponding period of the preceding fiscal. Shares of CE Info Systems Ltd ended at ₹1,760.50, up by ₹9.65 or 0.55% on the BSE.

Fintech platform Pine Labs, which is preparing to launch its initial public offering (IPO), on Thursday announced the appointment of Sameer Kamath as its Chief Financial Officer (CFO).

Q1 Results Highlights: Over 250 companies reported their first quarter results today. Of these, LIC, Titan. Godrej Consumer Products, Kalyan Jewellers, Biocon, Birlasoft, Apollo Tyres, were among the important names.

The company's revenue from operations increased 13.2% to ₹3,826 crore as against ₹3,378 crore in the corresponding period of the preceding fiscal. Shares of NLC India Ltd ended at ₹233.35, down by ₹0.30 or 0.13% on the BSE.

EBITDA has come in at ₹82 crore, a 6.2% enhancement from ₹77.2 crore in the same quarter last year.

Several key companies posted their Q1FY26 earnings, with Titan, NALCO, and HPCL delivering standout performances. Titan saw a 52.5% YoY surge in profit, NALCO's profit jumped 78.4%, and HPCL’s margins improved sharply. BSE and Kalyan Jewellers also reported strong results, while LIC’s new business premium slightly exceeded expectations. On the flip side, Apollo Tyres and […]

The defence and aerospace electronics systems provider said its net profit fell to ₹25.5 crore for the quarter ended June 30, from ₹32.8 crore a year earlier.

Net interest income (NII) grew 16.8% to ₹132 crore against ₹113 crore in the same period of the previous fiscal. Shares of Max Financial Services Ltd ended at ₹1,504.30, up ₹14.70 or 0.99%, on the BSE today (August 7).