The Bata group has announced the appointment of Panos Mytaros as its new global CEO, effective Sept 15, 2025. Mytaros will succeed Sandeep Kataria, who led the group since 2020. Mytaros brings over 30 years of global experience. TNN Stay informed with the latest business news, updates on bank holidays and public holidays. AI Masterclass…
NEW DELHI: India has drawn up a four-pronged strategy for free trade agreements (FTAs), focused on developed economies, mineral-rich countries, developing nations, and neighbours. The first element is likely to be in place by the year-end through agreements with the US and the European Union.But with negotiations from Chile and Peru to Australia and New…
India has emerged as the world’s third-fastest growing country in terms of power generation capacity over the past five years, only after China and the United States, according to a recent report by the International Energy Agency (IEA). The report highlighted a surge in electricity demand across India, fuelled by rapid urban expansion, increased use…
Looking past short-term measures, India is now working on a bigger plan to effectively utilise the Indus river system to its benefit. (AI image) Pakistan is finding it difficult to get through its kharif season with consistently lower levels of water in dams – a situation brought about by India’s suspension of the Indus Waters…
ITR filing: AIS allows the taxpayer to provide feedback on the transactions reported therein. (AI image) ITR filing FY 2024-25: When filing your income tax return for FY 2024-25 (AY 2025-26), the Annual Information Statement is an important document that every taxpayer should be aware of. Introduced a few years ago, the Annual Information Statement…
United Nations secretary-general Antonio Guterres on Thursday expressed concern over the declining state of globalisation, warning that foreign direct investment (FDI) continues to shrink amid worsening global economic conditions. His remarks came as the UN released fresh data highlighting a negative outlook for international investment flows.In its 2025 World Investment Report, the UN Conference on…
MUMBAI : redBus, the digital bus ticketing service, released its Annual BusTrack Report on Thursday, offering detailed analysis of intercity travel trends across private bus services in India. The report presented a specific focus on Maharashtra’s travel patterns, booking behaviours and favoured routes for 2024-25. The state recorded a notable 20% increase in intercity tourist…
Indian money deposited in Swiss banks more than tripled in 2024, reaching nearly Rs 37,600 crore or 3.5 billion Swiss francs, according to data released by Switzerland’s central bank. The 2024 figure is the highest since 2021, when Indian money in Swiss banks had reached a 14-year peak of CHF 3.83 billion.This sharp jump, however,…
Ever since US President Donald Trump took office, five months ago, his economic policies have unleashed widespread volatility across global financial markets, triggering investor pullback, a weakening dollar, and a sharp divergence in global stock performance.Here is a look at the financial roller-coaster rise:Wall streetAfter years of dominating global markets, US stocks are now lagging…
In a major push for India’s port and maritime sector, Vadhvan Port Project Ltd, the firm behind what is set to become the country’s largest port—is gearing up to raise up to Rs 300 billion (approximately $3.5 billion) in debt, presenting lenders with a rare long-term investment opportunity. The Vadhvan Port Project Ltd, located just…
