News Headlines from Business News Agencies 28.08.2025

*Business Standard*

📝 India may become world's second-largest economy by 2038: EY report

📝 Russia-led EAEU team to visit India to speed up free trade agreement

📝 India eyes investments of ₹10 trn into shipping sector at biennial meet

📝 Cabinet okays ₹12,328 crore railway expansion projects across states

📝 Senior living market to reach $8 billion by 2030, ASLI-JLL report shows

📝 India Ratings downgrades Spandana Sphoorty's debentures, loans to BBB+

📝 FSSAI to ask restaurants to display sugar, oil info to curb obesity

📝 IPO Street buzzes even as secondary market wobbles on trade concerns

📝 Specialised investment funds rollout nears as AMCs secure Sebi approvals

📝 RVNL, Texmaco form joint venture to boost rail modernisation, exports

*Economic Times*

📝 Acme Solar Holdings plans Rs 3,000 cr fundraise in multiple tranches

📝 Indian gems, jewellery exports face major blow from US tariff; industry seeks govt intervention

📝 Assam Cabinet approves Rs. 969 crore investment to create 2,704 jobs in key sectors

📝 German banks halts $11.7 billion in PayPal payments on fraud concerns: Report

📝 India’s bioeconomy to reach $300 billion by 2030: Jitendra Singh

📝 J&K Bank appoints veteran banker S Krishnan as non-executive chairman

📝 UP liquor exports set to cross 1,000 million litres by 2026: Industry body

📝 Airtel unveils relief measures for customers in J&K, HP after heavy rains

*Mint*

📝 Domestic air traffic declines 2.94 pc to 1.26 cr in July: DGCA

📝 Immediate impact of US tariff seen limited, but lag effect needs action: Govt

📝 Russia’s Sanctioned Arctic LNG Plant Boosts Output to New Record

📝 Indian industries show strong growth in output and jobs in FY24: Survey

📝 Govt plans ‘clean slate’ rule to shield buyers of bankrupt firms

📝 Mitsubishi Exits Offshore Wind Sites in Blow to Japan Transition

📝 Accor appoints Ranju Alex as CEO for South Asia

📝 ICRA expects India Inc to report muted revenue growth of 5-6 pc in Q2

📝 Indias medium-term IT sector outlook cautiously optimistic despite headwinds: Report