Business

The combined market valuation of eight of the country’s top 10 most valued firms surged by Rs 4.55 lakh crore last week, tracking a strong rally in equities, with Reliance Industries emerging as the biggest gainer.The BSE benchmark surged 2,857.46 points, or 3.53 per cent, during the week, according to PTI.From the top-10 pack, Reliance…

India will face no difficulty in purchasing goods worth $500 billion from the United States over the next five years, with Commerce and industry minister Piyush Goyal calling the number “very conservative” given the scale of demand expected from the country’s expanding economy.Speaking to PTI Videos in an interview on Sunday, Goyal said India’s import…

The Trump Mobile T1 smartphone, earlier marketed around a “Made in the United States” pitch, will instead be produced largely overseas, with only limited final assembly expected to take place in the US, according to a report by The Verge citing company executives.Trump Mobile executives Don Hendrickson and Eric Thomas told The Verge that the…

Foreign investors returned to Indian stock markets with a bang in first week of February, investing over Rs 8,100 crore after three months of heavy selling. This turnaround comes after they pulled out nearly Rs 62,000 crore in the last three months. Better market sentiment and a new trade deal with the US helped bring…

Piyush Goyal (File photo) Union Commerce and Industry Minister Piyush Goyal on Sunday gave insights into the behind-the-scenes negotiations that shape India’s free trade agreements (FTAs).In an interview with PTI, Goyal revealed that had personally met every negotiator involved in India’s trade agreements, emphasising that negotiators are tasked with protecting their own country’s interests and…

Dubai’s Luxury Property Market Is Crowded: Here’s How Smart Buyers Are Still Winning Big Dubai’s ultra-luxury property segment, including homes priced above Dh20 million, remains one of the hottest real estate markets globally, drawing affluent local and international investors alike. However, while listing volumes are high, identifying the right inventory with real market value and…

Stock market trends this week will be influenced by multiple factors including inflation data, foreign investor activity, and global market movements especially in light of the India US trade deal announcement. The market are also expected to react to Q3 earnings reports and geopolitical developments, as analysts closely watch these indicators to gauge market direction.Big…

NEW DELHI: Despite the Centre’s focus on augmenting urban infrastructure and planned urbanisation, the housing and urban affairs ministry is set to end up with non-utilisation of around 40% of the Rs 96,777 crore the budget had allocated for the current financial year, which ends in March. The total expenditure for FY 25-26 is estimated…

UAE Redundancy: Can You Skip Your Notice Period? Understanding UAE Labour Law When an employee is let go due to redundancy (business restructuring or cost-cutting) in the UAE, a common question arises: Can the employee skip the notice period and leave immediately? The short answer is no, not without consequences. UAE labour law clearly sets…

Silver exchange-traded funds (ETFs) saw a dramatic 38 per cent drop, from their peak just seven days ago on January 29. This sharp decline was triggered by increased trading costs and investors cashing out profits. The market saw wild swings as silver prices first fell below $65 per ounce before bouncing back up by 8.6…