Business

NEW DELHI: The govt on Thursday said amendments in the White House fact sheet on the framework for an interim India-US trade deal reflected the shared understandings contained in the earlier joint statement that formed the basis of the agreement reached by both sides.The fact sheet issued days after the joint statement had stirred up…

Top stocks to buy today (AI image) Stock market recommendations: Bajaj Broking Research recommends buying Tata Power, and Manappuram Finance as the top stocks picks for February 13, 2026 with a 3-month timeframe for target. It also shares its view on Nifty and Bank Nifty: Index View: NIFTY Indian benchmark indices traded within a narrow…

MUMBAI: Reserve Bank of India has tightened recovery and repossession norms to curb harassment and improve borrower protection. The draft amendments require banks to first resolve borrower complaints before starting recovery. Lenders must also disclose the identity of the recovery agent before contact.The changes are part of the draft second amendment to the directions on…

MUMBAI: A root cause analysis of NSDL’s recent tech glitch that mainly delayed inter-depository settlements for several days this month, is being carried out, Tuhin Kanta Pandey, chairman, Sebi said on Thursday. Once the report is ready it will be put up with Sebi’s technical advisory committee and corrective steps will be taken, he said.“Sebi…

Selling pressure in global technology stocks spilled over to Indian IT counters listed in the US on Thursday, with Infosys and Wipro ADRs declining sharply amid a broader risk-off mood and concerns over interest rate outlook and AI-driven disruption in the sector.Infosys’ American Depositary Receipts (ADRs) fell more than 7 per cent to an intraday…

CBIC Chairman Vivek Chaturvedi (File photo- ANI) The Central Board of Indirect Taxes and Customs (CBIC) is set to introduce the proposed Eligible Manufacturer-Importer (EMI) scheme by March 1, with a draft framework expected to be released in five to six days for stakeholder consultation, a top official said on Thursday.Addressing a media interaction in…

AI image (Picture credit: OpenAI via ChatGPT) For thousands of Indian professionals and the companies that seek to hire them, the upcoming H-1B season for fiscal (FY) 2027, may prove to be the most uncertain in the program’s history, where higher wages improve selection odds, a $100,000 entry fee deters overseas hiring, and US consulates…

India will receive concessional duty access for garments made using American yarn and cotton under the proposed trade agreement with the United States, similar to benefits currently available to Bangladesh, Commerce and Industry Minister Piyush Goyal said on Thursday.The US has reduced reciprocal tariffs on Bangladeshi goods to 19%, though garments attract zero duty only…

China has intensified efforts to cement its dominance over rare earth metals as the United States moves to build a broad international coalition to secure critical mineral supply chains, official and media reports said.Chinese Premier Li Qiang this week visited Ganzhou in Jiangxi province — one of the world’s largest heavy rare earth production bases…

Chief Economic Advisor V Anantha Nageswaran (ANI) Chief Economic Advisor V Anantha Nageswaran on Thursday said the new Consumer Price Index (CPI) series will improve the quality of data used in formulating monetary and fiscal policies, as it better reflects current consumption patterns and economic conditions.The National Statistics Office (NSO) under the Ministry of Statistics…