News that keep you updated
At present, the precise terms of the agreement have not been disclosed. (AI image) India-US trade deal: After months of stalemate, India and the US have finalised a trade deal that reduces tariffs imposed on New Delhi to 18%, placing the country at an advantageous position compared to other export competitors like China, Pakistan, Bangladesh,…
Generative image Top economists, fund managers and India Inc leaders reacted enthusiastically to the news about the end of months of uncertainty about a trade deal between US and India. Their reactions were varied: From strong nationalistic fervour, to how the deal has the potential to rejuvenate a global supply chain, to how the benefits…
PM Modi and Trump (File photo) US President Donald Trump on Monday announced a trade deal with India, months after Washington imposed steep tariffs of up to 50 per cent on Indian goods, including penalties linked to New Delhi’s purchase of Russian crude. Announcing the agreement on his social media platform Truth Social, Trump said…
MUMBAI: Government bond yields hardened on Monday, with the benchmark 10-year paper closing at a more than one-year high as a larger-than-expected borrowing programme weighed on demand ahead of the policy meeting, even as the rupee posted its best gains since Dec.The benchmark 10-year yield settled at around 6.77%, sharply higher than the previous session…
PM Modi-Trump (File photo) US President Donald Trump announced a breakthrough India–US trade deal, unveiling a sharp cut in tariffs on Indian exports to 18% and signalling a fresh momentum in bilateral economic ties. Prime Minister Narendra Modi welcomed the announcement, calling it a boost for cooperation between the world’s two largest democracies.The deal comes…
BENGALURU: Zensar Technologies is said to be close to acquiring Mastek in an $850–$900 million stock-and-cash deal. The move bolsters the ongoing trend of consolidation in the IT/ITeS services sector, driven partly by the dramatic changes ushered in by AI and global customers looking to reduce their number of vendors.The past year saw multiple acquisitions,…
Gold price prediction today: Gold prices may continue to be under pressure in the near term and high volatility is expected in silver prices, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan. Here’s his outlook on gold prices: Source link
DEA Secretary Anuradha Thakur Economic Affairs secretary Anuradha Thakur expects foreign capital inflows to improve on the back of Budget measures that have been unveiled and is confident that the growth momentum will sustain. Excerpts:Given the challenges that the economy faces, how do you see the growth-inflation dynamics playing out in the short term?■ I…
India-US trade deal impact: Rupee appreciates vs US dollar (AI image) India-US trade deal impact: The Indian rupee appreciated sharply against the US dollar on Tuesday after American President Donald Trump and Prime Minister Narendra Modi announced a trade agreement between India and the US late Monday night. Rupee appreciated by over 1% against the…
Finance ministry secretary V Vualnam (File photo) Expenditure secretary V Vualnam says fiscal prudence was a clear priority for govt and within the constraints of the Budget, it has rolled out support for critical sectors. Excerpts:Can you help us understand the overall strategy behind the spending plan? How much flexibility on raising capex does govt…
