NEW DELHI: India and the United States on Saturday announced the framework for an interim trade agreement that will sharply cut US tariffs on Indian goods while easing duties on several American food and agricultural products entering India. The agreement marks a de-escalation of months of trade tensions and sets the stage for a broader…
India-US trade deal: The newly announced trade agreement between India and the United States is expected to strengthen the ‘Make in India’ initiative by creating new opportunities for new youth and businesses. In a joint statement issued on Saturday, the two nations revealed the details of the pact, which will cut tariffs on Indian goods…
Mumbai: The board of the National Stock Exchange (NSE), the biggest stock exchange in India in terms of turnover and number of trades, on Friday gave its nod for the exchange to go for its long-awaited public offering. The NSE IPO will be an offer-for-sale. Currently, LIC, with a 10% stake in the bourse, is…
MUMBAI: Tata Steel’s consolidated profit surged multifold to Rs 2,730 crore in Q3FY26, aided by higher sales volumes despite weak steel prices. Its profit in Q3FY25 was Rs 296 crore. Domestic production volumes increased 11%, while delivery volumes grew 14%, driven by improved capacity utilisation at its Kalinganagar and Jamshedpur plants. Quarterly deliveries crossed six…
Gold and silver prices continued to face heavy pressure on the MCX on Friday, with both metals opening sharply lower as weak global cues and a stronger US dollar dampened sentiment. The decline marked the second straight session of losses, undoing most of the gains made during a short-lived rebound earlier in the week amid…
The 7 high-speed rail corridors have been identified with an aim to provide high-speed connectivity across key economic centres. (AI image) Indian Railways is looking to move to a passenger train services model that offers faster, more comfortable, and premium travel experience. In that context Finance Minister Nirmala Sitharaman’s Union Budget announcement of seven new…
File photo: Traders work on the floor of the New York Stock Exchange (Picture credit: AP) US stock markets moved higher on Friday, clawing back part of the heavy losses seen earlier in the week, as technology shares recovered and bitcoin halted its recent slide. The rebound came after several volatile sessions driven by worries…
Gold price today: Precious metal prices fell sharply in the national capital on Friday as investors continued to book profits for the second consecutive session. Silver plunged nearly 5%, while gold also registered a steep decline.According to the All India Sarafa Association, silver prices dropped by Rs 13,000, or 4.85%, to Rs 2,55,000 per kilogram…
Equity markets ended slightly higher on Friday after the Reserve Bank of India left interest rates unchanged, a move that was widely expected, and announced a proposal to allow banks to lend to Real Estate Investment Trusts (REITs) under prudential safeguards.The 30-share BSE Sensex rose 266.47 points, or 0.32 per cent, to close at 83,580.40….
Market regulator Sebi has put forward proposals to widen the investment possibilities for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) in liquid mutual fund schemes on Thursday.Currently, these trusts can only invest in liquid funds with the highest credit risk rating, limiting their options.These measures are part of Sebi’s push to make…
