Highway funding push: NHAI gets Sebi nod for Raajmarg Infra InvIT; retail investors set to tap highway monetisation

The National Highways Authority of India (NHAI) has received regulatory approval from the Securities and Exchange Board of India (Sebi) to register Raajmarg Infra Investment Trust (RIIT) as a Public Infrastructure Investment Trust (InvIT), paving the way for wider public participation in national highway assets. In a statement issued on Wednesday, NHAI said the Public…

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US markets today: Wall Street holds near record highs in holiday-thinned trade; stocks mark time as Christmas closure nears

US stocks were largely steady on Wednesday, hovering close to record levels as investors navigated a holiday-shortened session ahead of the Christmas break.In early trade, the S&P 500 was flat, a day after closing at its latest all-time high. The Dow Jones Industrial Average edged up 51 points, or 0.1%, while the Nasdaq composite slipped…

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After MG Motor, another Chinese co. gets Indian partner: Sunil Mittal’s Bharti Enterprises buys stake in consumer appliances maker Haier’s local ops

Sunil Mittal (File photo-ANI) New Delhi: Bharti Enterprises and Warburg Pincus on Wednesday announced a strategic investment in Haier India, a subsidiary of Chinese consumer electronics maker Haier Group, picking up a collective 49% stake in the company. This is the second Chinese company to have sold a significant stake in its Indian operations after…

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Donald Trump’s tariff gamble: Who blinked, who pushed back & did it ‘make America great again’?

AI-generated image used for representation “The golden age of America begins right now,” Donald Trump declared as he launched his second stint in the White House. Back in the presidency, he wasted no time signaling that this term would be markedly different from his first. Trump’s biggest leverage this time: tariffs. Unlike before, trade would…

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ITR filing: Received ‘nudge’ from Income Tax Department for tax return & refund claims? Here’s what you need to do

Identified taxpayers are being sent SMS and email under the government’s NUDGE campaign. (AI image) ITR filing FY 2024-25 (AY 2025-26): The Income Tax Department is stepping up scrutiny for tax returns and many taxpayers are getting alerts to check their exemption and deduction claims. The last date to file income tax returns for FY…

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Gold price today: How much 18K, 22K, 24K gold costs in Delhi, Mumbai, Bengaluru — check today’s city-wise rates

Gold prices surged to fresh record levels in both domestic and international markets on Wednesday, driven by expectations of further monetary easing by the US Federal Reserve and heightened geopolitical tensions that boosted safe-haven demand.In domestic futures trade, gold prices climbed to a lifetime high of Rs 1,38,676 per 10 grams on the Multi Commodity…

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