NEW DELHI: India “doesn’t engage as a meek country,” Union commerce minister Piyush Goyal said on Wednesday asserting that “trust and negotiation from a position of strength,” have defined the country’s recent trade successes.Speaking at the Global Economic Cooperation Summit in Mumbai, Goyal said India’s approach to economic diplomacy is rooted in engagement, confidence and…
A senior executive of NVIDIA said on Wednesday India needs to significantly scale up its investment in Artificial Intelligence (AI) infrastructure from the current $1.2 billion to align with global levels, describing the Union Budget’s 20-year tax holiday for foreign companies as a major opportunity to build foundational AI capacity. Speaking at the AI Impact…
Cigarette stocks lit up Dalal Street on Wednesday after reports that manufacturers had raised prices to counter higher tax outgo. Shares of ITC Ltd, Godfrey Phillips India Ltd and VST Industries Ltd climbed by as much as 15%, following media reports that companies have implemented price hikes to pass on the impact of the recent…
Gold price prediction today: Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers is of the view that gold prices are likely to resume their upward trend in the long run. He takes a look at the top factors for gold prices in the coming days: Gold ended the last week…
Planning to visit a bank? You might want to check the bank holiday list first! Banks in India follow both national and state-specific holidays, which means branches do not shut uniformly across the country. What’s open in one region could be closed in another, and hence, it is essential to check the schedule in advance…
US President Donald Trump on Tuesday announced a “MASSIVE Trade Deal with Japan,” under which Tokyo will make a “$550 BILLION commitment to invest in the United States of America.” The White House unveiled three large-scale investment projects backed by Tokyo with a combined value of $36 billion, representing the first tranche under Japan’s $550…
MUMBAI: Even as property prices continued to rise at a faster pace – 2.2 % in the Dec quarter, rental demand declined by 2.4% quarter-on-quarter across India, indicating a market adjusting to yield compression rather than a broad-based slowdown, Magicbricks said in a report. Chennai emerged as the top market in terms of gross rental…
NEW DELHI: Despite the surge in gold and silver imports upsetting the trade balance, the trends for the two precious metals are very different. With the average price of gold rising nearly 25% on a year-on-year basis to $94,554 a kg during April-Dec, buyers became cautious, resulting in demand falling. Data released by the commerce…
Equity benchmark indices ended higher for the second consecutive session on Tuesday, supported by gains in banking, IT and capital goods stocks.The 30-share BSE Sensex climbed 173.81 points, or 0.21 per cent, to close at 83,450.96. During the session, it touched a high of 83,598 and a low of 82,987.43.The 50-share NSE Nifty advanced 42.65…
The Reserve Bank of India (RBI) has purchased government securities equivalent to 47 per cent of the Centre’s total bond issuances so far in FY26 to support liquidity in the banking system, according to public data.According to news agency PTI , the data compiled from RBI showed that the Centre raised Rs 13,65,000 crore between…
