After imposing a 25% tariff on India last week, Trump targeted Russia and India, calling them ‘dead economies’. (AI image) US President Donald Trump’s 25% tariff, threats of higher duties, additional penalties, and jibes calling India a ‘dead economy’ don’t appear to have gone down well with India. The Narendra Modi government is calling out…
India’s services grows (Representative image) India’s services sector expanded at its fastest pace in 11 months in July, supported by a sharp rise in export orders and solid sales growth, according to the HSBC India Services PMI released Tuesday. The Services Purchasing Managers’ Index (PMI) rose marginally to 60.5 in July from 60.4 in June,…
Experts expect the central bank to maintain a status quo on repo rate. RBI Monetary Policy Committee (MPC) meet date, time: The MPC, under the leadership of Reserve Bank of India (RBI) governor Sanjay Malhotra, met this week for the bi-monthly monetary policy review. The committee will assess several economic parameters, including the repo rate,…
India has hit a major milestone in its green fuel journey, achieving its E20 target (20 per cent ethanol blended petrol) five years ahead of schedule. However, the move has triggered fresh concerns around fuel efficiency and engine health. The government has stepped in to clear the air, while plans for further blending are already…
DoT blacklists 3 lakh to 4 lakh SIMs (AI-generated image) The Department of Telecommunications has identified and blacklisted between 300,000-400,000 SIM cards linked to fraudulent activities, according to government statistics.Launched in May, the Financial Risk Indicator (FRI) identifies approximately 2,000 high-risk telephone numbers daily, potentially involved in employment or investment scams. Additional suspicious SIMs are…
SEBI has also proposed trimming the retail quota from 35% to 25% in a staggered manner, while boosting the qualified institutional buyer quota from 50% to 60% to ensure demand stability. (AI image) Mumbai: The Securities and Exchange Board of India (Sebi) has proposed increasing the reservation for anchor investors in initial public offerings (IPOs)…
Gold price prediction: Gold is still stuck in its nearly 11-week-old range of $3250-$3450. (AI image) Gold price prediction today: Gold rates are likely to trade with a positive bias though they have been stuck in a range for some time now.Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan shares…
As the tension between US and India escalate with regards to trade talks, a recent Global Trade Research Initiative (GTRI) report called out Donald Trump claiming the US President has been selectively criticising India regarding Russian oil imports while remaining silent about China’s involvement.The report, cited by ANI, presented data showing China as the primary…
Market participants are awaiting crucial global economic indicators, including US Services and Manufacturing PMI releasing today, alongside financial results. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Monday. While Nifty50 was below 24,700, BSE Sensex dropped over 150 points. At 9:23 AM, Nifty50 was trading…
Mumbai: Tata Sons will dilute its stake in Tata Capital by nearly 10 percentage points through an IPO that combines a fresh issue and an offer for sale. The offering, comprising a total of 47.6 crore shares, includes a fresh issue of 21 crore shares and an offer for sale of 26.6 crore shares. Tata…
