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business

India-UK Free Trade Agreement

UK luxury cars set to get cheaper in India under landmark trade pact

India-UK FTA slashes import duties on British-made ICE and EV vehicles, opens door for high-end carmakers as tariffs fall to as low as 10% over 15 years.

PMO green‑lights major GST overhaul, Council meeting in August to mull sweeping reforms

The Prime Minister’s Office has approved a comprehensive revamp of India’s GST framework—including slab rationalisation and compliance simplification—as the finance ministry prepares state consultations ahead of the August GST Council meet.

Tesla opens first India showroom in Mumbai with Model Y priced from ₹60 lakh

Heavy import duties mean the Model Y starts at ₹59.9 lakh (ex-showroom), with deliveries expected in Q3 2025 as Tesla tests the luxury EV market before committing to local production.

Dolly Chaiwala turns viral fame into business with tea franchise rollout

Nagpur’s viral tea sensation announces “Dolly Ki Tapri” franchise rollout in India across carts, stores, and cafes, with investments starting from ₹4.5 lakh.

Bitcoin

Bitcoin blazes past $111K to hit all-time high as Wall Street piles in

A trillion-dollar market cap, falling dollar, and US rate cut hopes ignite record-breaking Bitcoin rally — Wall Street and Washington warm up to crypto.

Defense stocks surge as India, US move to finalize 10-year military pact

Shares of HAL, BEML, and Paras Defense rallied after both countries agreed on a long-term cooperation framework to deepen arms trade, joint production, and strategic interoperability.

India holds firm on four ‘red lines’ in US trade talks amid looming July tariff deadline

As Washington pushes for wider agricultural market access, Finance Minister Nirmala Sitharaman brands corn, ethanol, soyabean, and dairy imports non-negotiable, signalling India’s resolve ahead of the July 9 deadline for reciprocal tariffs.