Astaguru

India, Israel sign bilateral investment treaty to boost economic ties

From April 2000-2025, India's total overseas direct investment in Israel amounted to $443 mn, while Israel's foreign direct investment in India reached $334.2 mn between April 2000 and March 2025

SpiceJet settles long-standing $24 million liability with Credit Suisse

The liability stems from a 2011 10-year aircraft servicing deal with Swiss firm SR Technics, which transferred its payment recovery rights to Credit Suisse

Trump tariffs may trim 0.5% from India's FY26 GDP: CEA Nageswaran

V Anantha Nageswaran warns prolonged US tariffs pose a major risk to growth, but remains confident of meeting India's 6.3-6.8 per cent GDP target for FY26

Indian firms turn to small-town markets insulated from US tariffs

Consumption growth in India's countryside has outpaced that in urban markets for six straight quarters, according to data analytics firm NielsenIQ

Bharti Airtel Q1 results: Profit up 43% at ₹5,948 crore, revenue rises 29%

Airtel's revenue from operations stood at ₹49,462.6 crore in Q1 FY26, up 28.4 per cent Y-o-Y from ₹38,506.4 crore in the same quarter last year on account of strong performance in India and Africa

Wockhardt exits US generics business, files for liquidation of subsidiaries

The decision follows years of financial losses in the US generics business, including loss of nearly $8 million in FY 2025, Wockhardt said in a BSE filing

Iran mass expels Afghan refugees, raising alarms for women under Taliban

Iran's deportation of 250,000 Afghans, many of them women, has sparked a humanitarian crisis as returnees face deadly heat, Taliban restrictions, and limited support at overcrowded border crossings

Trump to start sending tariff letters Friday; global duties begin August 1

The Trump administration will send letters to trade partners from Friday announcing unilateral tariff rates, which must be paid starting August 1

Without subsidies, Musk would probably have to head to South Africa: Trump

Donald Trump made these remarks after Elon Musk criticised cuts to clean energy credits in the Senate version of the EV bill and hinted at launching a political outfit

Railways revises passenger train base fares effective July 1: Check here

Revised fares for passenger, express, and premium trains take effect from 1 July; suburban fares and other charges remain unchanged as Railways updates ticketing systems

Karna Bank's MD, ED resign; bank forms panel to find replacements

Following the departure of the MD&CEO and ED, the bank has formed a search committee to identify suitable candidates for both roles

Fiscal deficit in April-May at 0.8% of full-year target, shows govt data

Net tax receipts at ₹3.5 trillion compared with ₹3.2 trillion a year earlier. Non-tax revenue at ₹3.6 trillion compared with ₹2.5 trillion a year ago

Borrower indebtedness in microfinance declines to 11.7%: RBI report

Despite rising stress in microfinance portfolios, RBI notes decline in borrower indebtedness as tighter underwriting and regulatory caps limit over-lending

Ericsson launches first India-built antenna, targets global markets

Sweden's Ericsson partners VVDN to manufacture passive antennas in India, with global shipments of its first locally made model beginning in July

Indian financial system resilient amid global uncertainty: RBI report

RBI's June 2025 Financial Stability Report highlights resilience in India's financial system, with strong capital buffers in banks and NBFCs, healthy insurers, and global volatility as a key risk

Thinking capped: How generative AI may be quietly dulling our brains

Various experts in India, too, reiterate the concerns of overdependence on AI, to the extent where people outsource even thinking to AI

RBI's new rule on gold-backed loan will lead to biz model adjustment: S&P

Earlier this month, the RBI raised the loan-to-value (LTV) ratio for lending against gold to 85 per cent for borrowings under ₹2.5 lakh from the present 75 per cent

Why did US reject 25 MT of mangoes? India alleges inspection lapse

India alleges US inspectors bypassed protocol during mango inspections, leading to destruction of 25 MT fruit and loss of $500,000 for exporters

SC grants interim bail to Ashoka professor, raps him for 'choice of words'

Ashoka University's Associate Professor Ali Khan Mahmudabad gets interim bail amid Operation Sindoor post row, with Supreme Court ordering SIT probe

Where to invest as markets overcome tariff fears? Analysts weigh in

From Ridham Desai of Morgan Stanley, Wei Li, Global Chief Investment Strategist, BlackRock Inv. Institute and Shridatta Bhandwaldar of Canara Robeco MF, here is the market strategy of leading analysts