Business

MUMBAI: In a win for the restaurant industry, Zomato has agreed to share customers’ phone numbers with eateries after seeking consent from users, the National Restaurant Association of India (NRAI) said. The restaurant industry had been at loggerheads with food delivery platforms – Zomato and Swiggy – over their refusal to share consumer data, which…

MUMBAI: Beginning Jan 2026, a PSB alliance digital platform for lending to small business will start functioning at scale opening up a new avenue for MSME financing. The platform will allow any fintech or entity that serves MSMEs, including dealers, to plug in and provide a financing interface for small businesses. At the other end,…

CHENNAI: Rationalised GST rates and buoyant festive sentiment have propelled demand in the industry’s ‘bread-and-butter’ sub-Rs 10 lakh segment to multi-year highs, amid an ongoing premiumisation wave in the country. The reset in tax slabs – particularly for small cars and compact SUVs – widened affordability and revived interest among price-conscious buyers who had been…

The US trade deficit narrowed by about 24 per cent in August as sweeping tariffs imposed by President Donald Trump reduced imports, according to a delayed Commerce Department report released Wednesday. According to Associated Press, citing the report, the trade gap fell to $59.6 billion in August from $78.2 billion in July. Imports declined 5…

Pakistan’s stock market is experiencing an unusual surge, driven largely by retail investors, signalling renewed confidence in local equities after years of uncertainty. The KSE-100 Index has soared roughly 40% in 2025, making Pakistan one of Asia’s top-performing markets. With property prices stagnant and deposit rates halved over the past two years, more individuals are…

Japan’s Kirin Holdings, the largest investor in Bira 91 maker B9 Beverages, is in talks with founder Ankur Jain to exit the crisis-hit company, several people familiar with the matter told ET.Kirin, one of Japan’s top three liquor companies alongside Asahi and Suntory, held a 20.1% stake in B9 Beverages as of June 2025, ahead…

According to GTRI, since India has already responded to American concerns, the United States should promptly remove the tariff. (AI image) The Donald Trump administration should with immediate effect withdraw the 25% penal tariffs on India for its crude oil trade with Russia, says the Global Trade Research Initiative (GTRI) in its latest note. In…

The latest dispute between Japan and China has now entered the trade sphere, with Tokyo media reporting that Beijing is planning to halt Japanese seafood imports. However the reports, which emerged on Wednesday and were widely carried by outlets, still remain unconfirmed by governments of both the countries as the diplomatic row deepens.Reports from Tokyo…

BENGALURU: Defence PSU Hindustan Aeronautics Ltd (HAL) Wednesday said it has signed a contract with Germany’s Hensoldt Sensors GmbH at the Dubai Air Show 2025 to secure design transfer and intellectual property rights for advanced obstacle-avoidance technologies for helicopters.The agreement covers the Transfer of Design ToT, IPR, and manufacturing and repair capability for an Obstacle…

Gold prices have been breaking records this year, and wealthy investors and family offices are now looking for ways to earn returns on their bullion. Instead of keeping gold bars locked in vaults, more of them are leasing their metal to refiners, jewelers, and fabricators to earn interest — a major shift for an asset…