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business

US President Donald Trump and PM Modi

Trump slaps 25% tariff on Indian goods, calls Brics ‘anti-US’, warns of penalty over Russia ties

Reaffirming ties with Modi, US President slams India over trade imbalance, Brics alignment and Russian oil deals; India pushes back and vows to protect local interests.

Anil Ambani

ED raids Anil Ambani-linked firms in Mumbai after SBI tags him and RCom ‘fraud’

Searches target suspected ₹3,000 crore loan diversion as probe widened to Yes Bank, Reliance Home Finance.

Karnataka traders halt tea, coffee and milk sales to protest GST notices

Karnataka traders suspend tea, coffee and milk sales and don black badges to protest GST notices based on UPI data. CM Siddaramaiah calls meeting amid cash-only shift.

Former ICICI Bank CEO Chanda Kochhar found guilty of ₹64 crore bribe in Videocon loan case

An appellate tribunal has found former ICICI Bank CEO Chanda Kochhar guilty of accepting a ₹64 crore bribe for sanctioning a ₹300 crore Videocon loan, reversing a 2020 clean‑chit and reinstating ED asset attachment.

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.