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Centre aims to raise ₹1.79 trillion from IPOs of state-run firms by 2030

Centre aims to raise ₹1.79 trillion from IPOs of state-run firms by 2030

India aims to raise ₹1.79 trillion ($19.7 billion) from selling stakes in state-run ​firms through initial public offerings by the 2029/30 ​financial year, it said on Monday.

The IPOs will be part ‌of a broader push to raise $183.7 billion by monetising state assets over the next four years, the government think tank NITI Aayog said in a report released late on Monday.

Countries 'playing games' on trade deals will face more tariffs: Trump

Countries 'playing games' on trade deals will face more tariffs: Trump

US President Donald Trump on Monday warned countries against backing away from recently negotiated trade deals with the US after the Supreme Court struck down his emergency tariffs, saying that he would hit them with much higher duties under different trade laws.

Amazon opens 12-storey office in Bengaluru, company's 2nd largest in Asia

Amazon opens 12-storey office in Bengaluru, company's 2nd largest in Asia

E-commerce giant Amazon on Monday announced the opening of a new office in Bengaluru, its second-largest in Asia. The company’s largest office space is in Nanakramguda, Hyderabad.

The Bengaluru office space, which spans 1.1 million square feet, is a 12-storey campus that can support over 7,000 employees across e-commerce, operations, payments, technology, and seller services in India.

'Too early to comment': FM Sitharaman on impact of US tariff changes

'Too early to comment': FM Sitharaman on impact of US tariff changes

Finance Minister Nirmala Sitharaman on Monday said it is too early to comment on the tariff changes announced by the United States and the commerce ministry is reviewing the situation.

On Friday, the US Supreme Court gave a verdict against the sweeping import tariffs imposed by the Trump administration on trade partners.

Silver, gold ETFs jump up to 10% as metal prices gain amid tariff tensions

Silver, gold ETFs jump up to 10% as metal prices gain amid tariff tensions

Prices of gold and silver exchange-traded funds (ETFs) advanced on Monday, tracking gains in the underlying metal prices amid rising tariff tensions.

Stocks, along with commodity prices, rose after the US Supreme Court struck down broad reciprocal tariffs imposed earlier by US President Donald Trump. Later, he imposed a fresh 15 per cent global tariff on imports from all countries.

Morepen Labs wins ₹825 crore manufacturing contract from global drugmaker

Morepen Labs wins ₹825 crore manufacturing contract from global drugmaker

Morepen Laboratories has secured a multi-year contract development and manufacturing organisation (CDMO) deal worth about ₹825 crore from a global pharmaceutical company, the company said in a BSE filing on Monday.

The company, however, did not disclose the name of the pharmaceutical firm that awarded the contract or provide any other specifics of the deal.

Have requested Shah for CBI probe into Ajit Pawar's plane crash: Fadnavis

Have requested Shah for CBI probe into Ajit Pawar's plane crash: Fadnavis

The Maharashtra government has requested Union Home Minister Amit Shah to order a CBI investigation into the plane crash that killed Deputy CM Ajit Pawar last month, Chief Minister Devendra Fadnavis has said.

The Mahayuti government will ensure that all doubts regarding the plane crash are cleared, Fadnavis said at a press conference on Sunday on the eve of the budget session of the Maharashtra legislature.

IDFC First Bank reports ₹590 crore fraud at its Chandigarh branch

IDFC First Bank reports ₹590 crore fraud at its Chandigarh branch

Private-sector lender IDFC First Bank on Sunday said it had detected a ₹590 crore fraud at one of its branches in Chandigarh, pertaining to accounts related to the Haryana state government.

The bank has suspended four of its branch employees.

Court rejects bail to PFI national leader accused of links with ISIS

Court rejects bail to PFI national leader accused of links with ISIS

A court has dismissed the bail petition of the national in-charge of the education wing of the banned PFI after the NIA opposed the plea, alleging that he had organised armed training and propagated ISIS ideology.

NIA Court judge MK Mohandas on Friday dismissed the bail plea of Ashraf alias Karamanna Ashraf Moulavi.

Who is Neal Katyal, the Indian-origin lawyer behind Trump tariffs verdict

Who is Neal Katyal, the Indian-origin lawyer behind Trump tariffs verdict

Indian-origin American lawyer Neal Katyal has emerged at the centre of a landmark US Supreme Court ruling that struck down US President Donald Trump’s sweeping reciprocal tariffs. The court, in a 6–3 decision on Friday, held that tariff-setting powers rest with Congress unless clearly delegated, limiting Trump’s power over trade policy.

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