NEW DELHI: As India and the US get down to working out the contours of the proposed bilateral trade agreement, amid Donald Trump’s tariff threat, domestic industry is willing to accept tariff cuts on items of its interest, while suggesting that government pursue a similar action by American authorities for products of interest to them.Commerce…
The Indian stock market closed higher on Thursday, driven by strong domestic investor activity and positive global cues. Financial stocks gained after the RBI’s $21 billion liquidity infusion, while energy stocks benefited from lower crude prices. The BSE Sensex rose by 609.86 points (0.83%) to 74,340.09, and the Nifty 50 added 207.40 points (0.93%) to…
MUMBAI: Dalal Street on Wednesday saw a bounce back after the negative trend of the past two weeks. The sensex rose by 740 points or 1 per cent while Nifty reversed its 10-session losing streak with a 255-point (1.2%) gain. Positive global cues and short covering by traders and speculators aided the rally, market players…
MUMBAI: RBI governor Sanjay Malhotra met fintech firms, payment system operators, their associations, and self-regulatory organizations, stressing the need for responsible innovation and compliance among entities new to the regulatory space. “The interaction was part of RBI’s series of engagements with the payments and fintech ecosystem,” the central bank said in a statement.Malhotra acknowledged the…
European Central Bank (Photo-AP) The European central bank (ECB) reduced interest rates by 25 basis point on Thursday, aiming to stimulate economic activity as the eurozone grapples with sluggish growth. This move, which lowers borrowing costs for both consumers and businesses, comes amid mounting concerns about the impact of potential trade conflicts with the US…
MUMBAI: RBI is set to infuse nearly Rs 1.9 lakh crore into the banking system to address liquidity constraints, which have been exacerbated by the central bank’s foreign exchange market operations and tax outflows. The move, seen as part of RBI measures to support growth, comes on the back of the central bank easing loans…
It is important to note that the Section 80C exemption of up to Rs 1.5 lakh per annum is only available under the old income tax regime. (AI image) Post Office Savings Schemes Income Tax Benefits: Post Office Savings Schemes are seen as a secure investment alternative in India with government backing. Some of these…
Indian stock markets are gradually showing signs of recovery, buoyed by a combination of favourable macroeconomic factors: a weakening US dollar and falling crude oil prices.Out of 13 major sectoral indices, 12 closed in the green. The Nifty 50 ended the session with a 0.93% gain, closing at 22,544 points, while the Sensex finished at…
India’s real GDP growth is expected to remain steady at 6.5 per cent for the 2026 fiscal, despite global uncertainties due to geopolitical shifts and trade tensions triggered by US tariff, a report by CRISIL Intelligence revealed on Thursday.The credit rating agency’s forecast depends on two major factors: a normal monsoon and stable commodity prices,…
Indian Railways departmental promotion exams: Examination teams nationwide will receive candidate information just two hours before the assessment commences. Indian Railways job promotion exams: The Railway Board‘s new directive mandates that departmental promotion assessments will be administered through centralised examinations. As per officials familiar with this change, assessments will be exclusively Computer Based Tests (CBT),…
