The stock market suffered a sharp sell-off on Friday as fears over inflation, declining consumer confidence, and doubts about artificial intelligence investments combined to push major indexes lower. The S&P 500 dropped 2%, making it the second-worst trading day of 2025 for the broad-based index, while the Nasdaq Composite tumbled 2.7%, breaching its lowest point for the year. The Dow Jones Industrial Average also slumped, losing 1.7% as investors reacted to concerning economic signals.

In a major boost to Andhra Pradesh's renewable energy sector, Tata Power Renewable Energy Limited has committed to investing ₹49,000 crores in the state. This substantial investment is part of Andhra Pradesh’s ongoing efforts to attract large-scale investments under the leadership of Chief Minister N. Chandrababu Naidu. The agreement was officially signed on Friday in the presence of Nara Lokesh, the national general secretary of the Telugu Desam Party (TDP) and the Minister for I

The initial public offering market has entered a phase of stagnation, with no major IPOs launched in the past three weeks. The last significant IPO was Quality Power, which opened for subscription on February 14, 2025. Since then, the primary market has seen a lull, raising concerns about investor sentiment and market conditions.Despite speculation surrounding Tata Capital’s anticipated $11 billion IPO, which is expected to be one of the largest listings of the year, the overall slowdow

The Reserve Bank of India (RBI), in its latest bulletin released on February 19, stated that the tax cuts in the Union Budget 2025, along with moderating inflation, are expected to provide financial relief to the middle class and boost overall household spending. This announcement comes after the February Monetary Policy Committee (MPC) meeting, where the newly appointed RBI Governor, Sanjay Malhotra, emphasized the positive economic impact of the tax relief measur

Shantanu Naidu, a key figure at Tata Motors, has been promoted to General Manager, Head of Strategic Initiatives, after spending over six years at Tata Sons. Reflecting on his journey, Naidu recalls his nostalgic childhood memories, where he would wait for his father, a Tata Motors employee, to return home. This promotion marks a significant milestone in his career with the company that he now leads in strategic initiatives.   Naidu’s connection with the legendary

In a dramatic conclusion to the 2025 Tata Steel Masters, R Praggnanandhaa emerged victorious after a tense tiebreaker against fellow Indian player D Gukesh. Both players finished the 13th and final round tied at the top with 8.5 points each, despite suffering surprising losses in the final round—Gukesh lost to Arjun Erigaisi, and Praggnanandhaa fell to Vincent Keymer. This set the stage for an exc

Expansion of China's Trade-In Scheme China is extending its consumer trade-in program, originally launched in March 2024, to help stimulate demand in the struggling household sector. The scheme now includes additional home appliances such as microwave ovens, dishwashers, and rice cookers. In an effort to boost the digital goods market, subsidies are also being offered for products like smartphones, tablets, and smartwatches. Consumers who trade in old products can receive subsidies

Tata Consumer Products Ltd (TCPL) has officially rejected recent reports claiming that Starbucks is planning to exit the Indian market, calling the rumors "baseless." These reports suggested that the American coffee giant might leave India due to high operating costs, mounting losses, and the growing competition from local, cheaper alternatives. However, TCPL, which operates Starbucks in India

Coffee prices have reached record highs, driven by a significant reduction in Brazil’s coffee crop. As the world’s largest coffee producer, Brazil's struggles with adverse weather conditions have created a global supply shortage, pushing Arabica coffee futures up by 73% over the past year and 31% in the last month. Additionally, Robusta prices have also surged due to similar global supply constraints, with prices for Q2 rising 82% year-on-year. This price surge is im

Industrialist and philanthropist Ratan Tata, who passed away on October 9 at the age of 86, has left behind a heartfelt legacy not only for his family and foundation but also for his beloved dog, Tito. In his will, Tata ensured "unlimited" care for Tito, who was adopted six years ago following the death of his previous dog. Tito will be looked after by Ratan Tata's long-time cook, Rajan Shaw, showcasing Tata's deep affection for animals. Ratan Tata was well-known f

The nation continues to mourn the loss of Ratan Tata, a titan of industry and a beloved figure in India. In a heartfelt tribute, Chief Minister Chandrababu Naidu has announced the establishment of the Ratan Tata Innovation Hub in Amaravati, aimed at commemorating Tata's profound legacy and contributions to the Indian economy. During a review of the industrial policy, CM Naidu outlined that the Innovation Hub will be located in the capital city and will consist of five centers, e

On October 9, India mourned the passing of Ratan Tata, the iconic business leader and philanthropist whose influence shaped the country's industrial landscape. Tributes have been pouring in, celebrating a life marked by integrity, innovation, and compassion. In a heartfelt LinkedIn post, N. Chandrasekaran, Chairman of Tata Sons, paid tribute to his mentor, reminiscing about their time together. He highlighted Ta

The past week was significant in shaping India's economic narrative, marked by the death of industrialist Ratan Tata and shifts in monetary policy. Ratan Tata's Passing and Noel Tata's Appointment: India mourned the loss of Ratan Tata, the revered former chairman of Tata Sons, who passed away at 86. In a board meeting, Noel Tata was appointed as the new Chairman of Tata Trusts, a pivotal moment in the continuity of the Tata legacy. Noel, wh

In a significant transition for the Tata Group, Noel Tata has been appointed Chairman of Tata Trusts, succeeding his half-brother Ratan Tata, who passed away at the age of 86 in a Mumbai hospital. Ratan Tata's death marks the end of an era for Indian business, where he transformed the Tata Group into a global powerhouse, reshaping the country’s industrial landscape. Noel Tata has been an influential figure within the Tata Group since he joined in the early 2000s. His appoi

Renowned industrialist Ratan Tata passed away at a Mumbai hospital on Wednesday, at the age of 86. His body has been placed at the National Centre for Performing Arts (NCPA) in Nariman Point, where the public can pay their last respects from 10 AM to 4 PM. His cremation is scheduled to take place later in Worli. Born in 1937, Ratan Tata was raised by his grandmother, Navajbai Tata, after his parents' separation in 1948. Known fo

The adoption of electric vehicles (EVs) in India has been on the rise, but some owners have faced troubling experiences. A notable case from Hyderabad involves Mr. Jonathan Brainard, who sought legal redress after his Tata Nexon EV caught fire. The district consumer disputes redressal commission of Hyderabad has now ordered Tata Motors to compensate him. The court ruling requires Tata Motors to refund the full purchase price of Rs 16.95 lakh, along with an interest of 9%. Additional

The Tata Group is making significant strides into the semiconductor industry, as Chairman N Chandrasekaran announced plans to establish new manufacturing facilities in various locations across India, including Assam and Ozhur in Kerala. Chandrasekaran emphasized the group’s commitment to building a robust semiconductor ecosystem in the country. The main facility, a semiconductor fabrication plant (Fab), is under construction in Dholera, Gujarat. This state-of-the-art facility

E-commerce giant Amazon has appointed Samir Kumar as the new Country Manager for India, effective October 1, following the resignation of Manish Tiwary. Kumar, a 25-year veteran of Amazon, will take over operational responsibilities while continuing to lead consumer businesses in the Middle East, South Africa, and Turkey. This leadership transition comes as Amazon emphasizes the significance of the Indian market in its global strategy. Kumar joined Amazon in 1999 and played a pivota