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Rupee declines 16 paise to settle at 96.32 against USD

India, July 16 -- The rupee fell 16 paise to close at 96.32 (provisional) against the US dollar on Wednesday, weighed down by heightened tensions in West Asia and a rise in global crude oil prices. H... Read More


India can be a trusted textile manufacturer the world is looking for

India, July 16 -- India's textile moment has arrived. The world is looking for a trusted manufacturing partner. The question is not whether India can lead, but whether it can execute with the speed an... Read More


Sefue explains how tax reforms will encourage business growth

Tanzania, July 16 -- Dar es Salaam. Former Chief Secretary, Amb Ombeni Sefue has welcomed the government's decision to grant newly registered businesses a one-year tax grace period, saying it implemen... Read More


Mangalore Refinery And Petrochemicals Ltd leads gainers in 'A' group

Mumbai, July 16 -- Chennai Petroleum Corporation Ltd, ABB India Ltd, Himadri Speciality Chemical Ltd and Genus Power Infrastructures Ltd are among the other gainers in the BSE's 'A' group today, 16 Ju... Read More


PM Modi pushes 'Make in India' drive to reduce import dependence

India, July 16 -- Prime Minister Narendra Modi has directed key government ministries to identify products that India can manufacture locally instead of relying heavily on imports. The move aims to st... Read More


Lawsuit claims that Meta used AI to tag workers who took leave for job cuts

United Kingdom, July 16 -- Meta is facing a lawsuit from dozens of current employees who claim the company used artificial intelligence tools to identify workers for layoffs, unfairly targeting people... Read More


Engaruka Soda Ash project must deliver prosperity without sacrificing people's rights

ARUSHA, July 16 -- FOR decades, communities in Monduli District, Arusha Region, have lived alongside vast natural resources whose potential promises to reshape Tanzanias industrial future. Now, with ... Read More


The future of insurance: Lessons from global markets and opportunities for Tanzania

DAR ES SALAAM, July 16 -- ACROSS the world, the insurance industry is undergoing one of the most significant transformations in its history. What was once perceived primarily as a mechanism for transf... Read More


Horohoro border trade surges on streamlined clearance

HOROHORO, July 16 -- TRADE through the Horohoro One Stop Border Post (OSBP) on the Tanzania-Kenya border has recorded remarkable growth over the past three years, reflecting the success of regional tr... Read More


Kwimba unlocks 517m/- to grow small businesses

MWANZA, July 16 -- KWIMBA District Council in Mwanza Region has injected 517m/- in interest-free loans to women, youths and people with disabilities, providing fresh capital to strengthen small busine... Read More