Business

Mumbai (Maharashtra) [India], October 28: Continuing the festive spirit, Federal Express Corporation (FedEx), the world's largest express transportation company, has announced a special offer giving retail customers in India 55%* discount on international gift shipments up to 5kg.

Manama [Bahrain], October 28: The Asian Travel Expo 2025, one of Asia's most influential travel and tourism trade shows, proudly announces that Downtown Rotana, Bahrain's premier five-star business hotel, has joined the event as an Associate Sponsor. The upcoming edition of the Asian Travel Expo will be held on 8th, 9th & 10th December 2025 at the Exhibition World Bahrain, under the patronage of the Asian Arab Trade Chamber of Commerce (AATCOC).

The domestic stock markets opened almost flat in the red on Tuesday, indicating a volatile session ahead as investors remained cautious before key global events scheduled this week.

The doubling of gold prices recently has substantially boosted the net worth of Indian households to around Rs 3.24 trillion, according to a report by Systematix Research.

Despite tariff challenges imposed by the United States, India's micro, small and medium enterprises (MSME) sector demonstrated resilience in the July-September quarter, according to the latest MSME Outlook Survey released by the Small Industries Development Bank of India (SIDBI).

The Supreme Court is considering bail for Kapil Wadhawan, former DHFL promoter, in a Rs 34,926 crore bank fraud case. The CBI must respond to Wadhawan's plea. The Delhi High Court previously denied him bail, citing his conduct and the severity of the economic offense.

Import bill likely to go down by Rs 20,000 crore, says Vaishnaw

Seven new projects worth Rs 5,532 crore have been approved under the Electronics Component Manufacturing Scheme (ECMS), marking another major step in India's growing electronics manufacturing industry. According to a government release, these projects are expected to generate Rs 44,406 crore in output and create 5,195 new jobs across the country.

He said such foreign reports should be ignored altogether. 'Hindenburg, The Washington Post or any other foreign media should not be taken seriously. SEBI has not found anything wrong, and shareholders of LIC have the right to take up any issue, not foreign journals,' he said.

Union Minister of Commerce and Industry Piyush Goyal began his visit to Brussels with a meeting with Johann Wadephul, Federal Minister for Foreign Affairs of Germany, to strengthen discussions on the India-EU Free Trade Agreement (FTA).

In a significant step towards strengthening India's agricultural trade and enhancing the country's global leadership in rice exports, NITI Aayog has extended its support to the Indian Rice Exporters Federation (IREF) for organizing the Bharat International Rice Conference (BIRC) 2025. The prestigious event will take place on October 31, 2025, at Bharat Mandapam, New Delhi.

Union Minister for Road Transport and Highways Nitin Gadkari, speaking at the Indian Maritime Week Programme, underlined the government's focus on developing robust port connectivity and maritime infrastructure to boost the nation's economic growth.

The Amazon Global Selling India has strengthened its partnership with the government to accelerate the country's e-commerce export ecosystem, signing new Memorandums of Understanding (MoUs) with key export and MSME bodies, Srinidhi Kalvapudi, Head of Amazon Global Selling India, told ANI today.

India's broadband user base continued its steady climb, reaching 995.63 million at the end of September 2025, up from 989.58 million in August, according to the latest data released by the Telecom Regulatory Authority of India (TRAI). This marks a monthly growth rate of 0.61 per cent, reflecting the expanding digital footprint across both urban and rural areas.

IndianOil reports its highest ever first-half sales volumes and a sharp rise in profit for April-September 2025, led by stronger refining margins and steady marketing, according to an IndianOil press release.

A key highlight of India Maritime Week 2025 will be the participation of PM Modi, who will address the nation, global maritime leaders and stakeholders on the evening of October 29 at a special plenary session. In addition to the public address, the Prime Minister will chair a high-level global CEO forum with selected international CEOs from leading maritime companies across the globe.

The findings come from its global 'Turning the Corner?' survey of more than 250 General Partners (GPs) and Limited Partners (LPs), which shows sentiment holds steady or improves across asset classes relative to 2024 levels, with the most optimism in real assets.

New Delhi [India], October 27: The DIVY Foundation marked the 60th birth anniversary of Shree Vagishji with a series of extensive social welfare activities held across Vadodara. The three-day program, organised at Shree Dhwarikadhish Sukhdham Temple and other locations, focused on promoting public health, community support, environmental awareness, and animal welfare.

Srinagar (Jammu & Kashmir) [India], October 27: Sarveshwar Foods Limited is pleased to announce the successful organization of a 'Basmati export promotion programme' at the SIDCO Industrial Area, Samba, bringing together Farmer-Producer Organisations (FPOs), basmati producers, and traders to strengthen the basmati rice ecosystem -- from cultivation and aggregation to quality control, processing, and exports.

New Delhi [India], October 27: In a market where timing is everything, the right property in the right city can turn a homebuyer into a strategic investor. India's real estate landscape is buzzing with opportunity, and certain cities are emerging as the ultimate hotspots for investors, with a promise of high returns in the next five years. This forecast highlights the prime urban areas and emerging hotspots expected to see strong property value growth by 2030.

New Delhi [India], October 27: This Diwali, BLING opened its doors at Kamla Nagar, Delhi, introducing a new era of refined glamour and conscious luxury to India's jewellery landscape.

Mumbai (Maharashtra) [India], October 27: In a strategic move set to redefine India's spiritual products sector, Asnuva, a venture under Mankar Spirituality, has announced a ₹100 crore investment over the next year to establish the country's largest and most trusted hub for Occult Sciences & Spiritual Products.

New Delhi [India], October 27: Safecure Services Ltd is planning to raise upto Rs. 30.60 crore from its public offer. The public offer will open for subscription on 29 October 2025 and will close on 31 October, 2025. Sun Capital Advisory Services Pvt Ltd is the lead manager of the offer. Shares will be listed on BSE SME platform.

He said these projects will significantly reduce India's import dependence on electronics manufacturing and strengthen the local supply chain.

Adani Energy Solutions Limited (AESL), part of the Adani group and India's largest private power transmission and distribution company, on Monday announced what it described as a robust financial and operational performance for the quarter and half-year ended September 30, 2025.