Business

Finance Minister Nirmala Sitharaman on Sunday said Brics is a vital platform for advancing inclusive multilateralism, especially at a time when global institutions are facing a crisis of legitimacy and representation.Speaking at the Brics Finance Ministers and Central Bank Governors (FMCBG) meeting in Rio de Janeiro, Brazil, Sitharaman said India has demonstrated resilience through a…

The frenzy in India’s equity derivatives markets has continued to punish small investors, with 91% of individual traders losing money during the financial year 2024–25, according to a new Sebi report released on Monday.This high failure rate comes despite regulatory efforts to rein in speculative activity. Sebi’s own data shows that October 2024’s reforms, aimed…

Donald Trump (File photo) US President Donald Trump on Monday decided to impose 25% reciprocal tariffs on Japan and South Korea – almost the same as those announced in April.He provided notice of the tariffs, beginning Aug 1, by posting letters on social media addressed to political heads of both the countries. This followed Trump’s…

NEW DELHI: Have you received an email asking you to download your e-PAN card? If yes, you are advised to ignore it. The Press Information Bureau’s Fact Check unit has issued a warning against such messages, confirming that they are fake.⚠️ This Email is #Fake, PIB Fact Check said in an advisory shared on social…

Trump, buoyed by recent legislative success and record-breaking US stock market performance, is wielding tariffs as an economic instrument. (AI image) August 1, 2025 – that’s the date on which tariffs for countries not finalising a trade agreement with the US will come into effect. US President Donald Trump intends to reveal trade agreements and…

Long-term capital gains from stocks and equity-oriented funds are now taxed at 12.5%. But there is a Rs 1.25 lakh tax-free threshold that can help small investors avoid the tax. (AI image) Saving for retirement used to be easy. But in the past few years, there have been several amendments in tax rules for retirement…

US President Donald Trump on Sunday spoke about the much-discussed upcoming trade deals between the United States and other countries, including India. He said that letters related to these trade agreements will start going out from Monday.“We are going to be sending letters out on Monday having to do with the trade deals… It could…

Rajiv Memani, chairman and CEO of consulting firm EY India has taken over as the new president of CII (Confederation of Indian Industry) at a critical juncture for India Inc. In an interview to TOI, Memani says the overall health of businesses is not bad and he expects a reasonably strong bounce-back in growth. Excerpts:Some…

PARIS: European auto major Stellantis believes a long-term stable policy framework and its uniform roll-out across different states in India is critical for automakers to execute business plans on a long-term basis.Stellantis, which has presence in India through brands like Jeep and Citroen, feels that policy framework should work informally across the nation so that…

India’s largest trading partner since 2021-22 has been the United States. (AI image) India-US trade deal: Ahead of US President Donald Trump’s July 9 tariff deadline, India has drawn the red lines on a mini trade deal. According to Indian officials, the decision on the mini or interim trade deal now rests with America.Sources told…