Representational AI image US president Donald Trump on Friday announced that his administration has started a major investigation into imported furniture, a move that could soon lead to new tariffs. Posting on Truth Social, Trump said the investigation would be completed within 50 days. “Furniture coming from other countries into the United States will be…
NEW DELHI: Over the last five years, India’s private hospital sector has shifted increasingly into the hands of global private equity giants, reshaping the over $80 billion healthcare market through consolidation and scale.Once dominated by public institutions and family-run setups, the sector has witnessed a surge of private equity interest – a sharp departure from…
Mumbai: Markets regulator Sebi is planning to incentivise fund distributors who bring in first-time women investors into the mutual fund (MF) fold, Tuhin Kanta Pandey, Sebi chief, said on Friday. “Another priority is to encourage greater participation of women in mutual fund investing. Financial inclusion will remain incomplete unless women are equally represented, and we…
Mumbai/Kolkata: British-Indian industrialist Swraj Paul passed away on Thursday evening in a London hospital at the age of 94. The founder of Caparo Group had been unwell, leading to his recent hospitalisation. Consistently featured in the ‘Sunday Times Rich List’, Swraj was ranked 81st this year, with an estimated fortune of £2 billion. His group,…
Mumbai: Markets regulator Sebi on Friday proposed to hike the minimum amount for a large chunk of shares to qualify as a block deal, from Rs 10 crore now to Rs 25 crore. Block deals are executed through special 15-minute trading windows on stock exchanges twice a day and at prices that are fixed by…
Nvidia chief executive Jensen Huang said the company is holding talks with the Trump administration over a potential new semiconductor for China, even as Washington maintains tight curbs on advanced chip sales citing national security.During a visit to Taiwan to meet Taiwan Semiconductor Manufacturing Corp (TSMC), Nvidia’s key manufacturing partner, Huang was asked about reports…
India’s foreign exchange reserves rose by $1.488 billion to $695.106 billion during the week ended August 15, according to the latest data released by the Reserve Bank of India (RBI) on Friday.This comes after a sharper rise of $4.747 billion in the previous reporting week, when overall reserves had touched $693.618 billion, PTI reported.For the…
Market regulator Sebi on Friday cautioned investors about fraudulent trading schemes being circulated on social media and mobile apps that falsely claim to offer stock market access through foreign portfolio investors (FPIs).In a cautionary statement, Sebi said such schemes are illegal and not endorsed by the regulator, PTI reported. It urged investors to be alert…
Wall Street surged on Friday after Federal Reserve Chair Jerome Powell signalled that interest rate cuts could be on the horizon, a prospect long demanded by investors and President Donald Trump.The S&P 500 climbed 1.6%, snapping a six-day losing streak and moving within range of its all-time high set last week. The Dow Jones Industrial…
India’s white-collar job market is expected to see strong momentum in the latter half of 2025, with nearly 72% of employers planning workforce expansion through net new job creation, according to Naukri’s bi-annual Hiring Outlook report released on Friday.The report, based on inputs from 1,300 employers across sectors, said hiring sentiment remains upbeat, with 94%…
