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Retail boom: India to add 16.6 million sq ft of new mall space by 2025-26

May 13, 2025

Mumbai, May 13 (IANS) India's retail sector is witnessing a major transformation, with over 16.6 million square feet of new Grade A mall space expected to come up across top seven cities in 2025 and 2026, a new report said on Tuesday.This surge is being driven by rising consumer demand and strong momentum in retail leasing, marking what experts…

India’s industry sector to open $3 trillion opportunity by 2035, manufacturing to lead

May 13, 2025

New Delhi, May 13 (IANS) India’s industry sector is expected to outpace agriculture to take a larger share in the GDP (30-32 per cent) by 2035 and opening a $3 trillion opportunity, driven majorly by manufacturing, a report showed on…

Business

Chinese missile maker’s stock tanks over 6 pc after India destroys its air weapon

May 13, 2025

New Delhi, May 13 (IANS) The shares of Zhuzhou Hongda Electronics Corp Ltd, the Chinese defence company that manufactures the PL-15 missile, dropped sharply by 6.42 per cent or 2.56 Yuan to 37.33 Yuan on Tuesday, after India's air defence…

Business

India informs WTO of tariff plan to counter US duties on steel

May 13, 2025

New Delhi, May 13 (IANS) India has informed the World Trade Organisation (WTO) that it proposes to impose retaliatory tariffs on select American goods, to counter the duties on Indian steel and aluminium exports levied by the US as…

Business

South Korean ICT minister to visit US for GPU cooperation talks

May 13, 2025

Seoul, May 13 (IANS) South Korean Minister of Science and ICT Yoo Sang-im will visit the United States later this week to discuss ways to expand cooperation with Nvidia in securing advanced graphic processing units (GPUs), the ministry said…

Business

Paytm sees large trade order involving 1.7 crore shares, stock falls marginally

May 13, 2025

Mumbai, May 13 (IANS) Shares of One97 Communications Ltd, the parent company of Paytm, declined marginally on Tuesday after stock worth Rs 2,380 crore changed hands in multiple large trade order involving 1.7 crore shares.While the buyers…

Business

Seoul’s industrial output, retail sales decline in Q1 this year

May 13, 2025

Seoul, May 13 (IANS) Industrial output and retail sales in Seoul declined from a year earlier in the first quarter of this year, while the city's service sector remained relatively strong despite the broader economic slowdown, government…

Business

Indian rupee opens stronger against US dollar

May 13, 2025

Mumbai, May 13 (IANS) The Indian rupee opened 75 paise stronger at 84.65 against the US dollar on Tuesday, following its previous close at 85.38 a dollar.The trading range for the day was expected to be between 84.50 and 85.25, according to…

Business

Sensex, Nifty open lower as Infosys and Zomato drag

May 13, 2025

Mumbai, May 13 (IANS) Indian equity indices opened in the red on Tuesday as heavyweights like Infosys, Eternal (Zomato) and Kotak Mahindra Bank were top losers in the BSE benchmark.At around 9:25 am, Sensex was down 444 points or 0.54 per…

Business

SECI chief terminated after allowing Anil Ambani’s Reliance Power to bid with fake documents:…

May 13, 2025

New Delhi, May 13 (IANS) The Central government’s abrupt termination of RP Gupta, Chairman and Managing Director of the Solar Energy Corporation of India (SECI), stems from serious irregularities involving Anil Ambani-owned Reliance Power,…

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