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Thursday, 29-May-2025
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India US interim trade deal possible by June 25
business standard
29-May-2025
With a team of US officials expecting to visit India next month for trade talks,
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Industrial output growth at 8 month low of 2.7% in April
business standard
29-May-2025
due to high base effect and a sequential decline registered in the output of the mining sector
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US remittance tax, tariff could cost India billions
business standard
29-May-2025
A proposed 3.5 per cent US tax on remittances, combined with 10 per cent reciprocal tariffs on imports
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Israeli renewables firm SolarEdge opens Bengaluru R&D centre
The Hindu Business Line
29-May-2025
Israel-based renewables player SolarEdge has launched its new R&D and technology centre in Bengaluru. The newly inaugurated facility is designed to support the company’s research, product development, and technical operations, supporting its growing presence in India’s Photovoltaic (PV) sector.
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Tata Motors enters Egypt market with seven commercial vehicle models
The Hindu Business Line
29-May-2025
Tata Motors launched its commercial vehicle range in Egypt today through a partnership with MM Group for Industry and International Trade (MTI), marking the Indian automaker’s entry into the North African market. The company introduced seven models including the Tata Xenon pickup, Ultra T.7 and T.9 trucks, Prima series heavy vehicles, and the LP 613 bus. The shares of Tata Motors were trading at ₹719.60 up by ₹3.15 or 0.44 per cent on the NSE today at 12.45 pm. The launch targets Egypt’s expanding infrastructure development, urbanisation, and growing logistics sector. Asif Shamim, Head of International Business for Tata Motors Commercial Vehicles, described Egypt as a “pivotal market” driven by infrastructure expansion and demand for reliable transport solutions.
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India can achieve 6.5% GDP growth in FY26: EY report
Financial Express
29-May-2025
INDIA MAY BE able to achieve a real GDP growth of 6.5% in FY26, driven by strong domestic demand with a pickup in private investment spurred by lower interest rates, in spite of ongoing global
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India-US interim trade deal likely before June 25
Financial Express
29-May-2025
The much-awaited interim trade deal between the US and India may be advanced, and take place before June 25, according to official sources. A team of US negotiators are expected in India early next month,
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India's industrial production registers 2.7 per cent growth in April
The Statesman
29-May-2025
India's industrial growth, based on the Index of industrial production (IIP), recorded a 2.7 per cent growth in April this year, according to data released by the Ministry of Statistics on wednesday.
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