News that keep you updated
The number of ATMs in the country declined as people shifted digital payments. The e-payments network reduced customers’ need for cash withdrawals, even as bank branches continued to expand, a Reserve Bank of India (RBI) report said.Private banks led the contraction, cutting their ATM network to 77,117 from 79,884, while public sector banks reduced their…
A defining feature of 2025 was India’s renewed emphasis on Free Trade Agreements as strategic resilience tools. (AI image) By Agneshwar SenThe year 2025 marked a decisive turning point in global trade. Slower growth in major economies, sudden tariff escalations and growing concentration of critical supply chains made international commerce more fragmented and unpredictable. Yet,…
IndiGo will pilot allowances and add new ones from January 1 to boost staff morale, according to PTI sources. This comes weeks after the airline faced massive disruptions with 4,500 flight cancellations due to rostering issues. The move follows meetings between executives and pilots at various bases, as the carrier also faces pressure from foreign…
A useful way to think about selling is to go back to your original reason for buying. (AI image) Selling is much harder than buying. Buying feels optimistic: you’re starting something new. Selling feels like admitting you were wrong, or that a journey has ended. Because it is emotionally uncomfortable, many investors either sell for…
India holds the world’s third-largest reserves of rare earths at 6.9 million tonnes, yet its contribution is not even 1 per cent of the global production. A new report from Amicus Growth, cited by ANI, underlined this gap between resource potential and actual production on the part of India, while China leads in the global…
NEW DELHI: Horizon Industrial Parks, backed by global private equity firm Blackstone, on Monday filed preliminary papers with markets regulator Sebi to raise Rs 2,600 crore through an initial public offering (IPO). The issue is entirely a fresh offer of equity shares, with no offer for sale (OFS) component. According to the draft red herring…
US stock markets opened in red Monday, with major indices slipping despite a strong year dominated by tech companies. The S&P 500, Dow Jones, and Nasdaq fell in early trading, in a week that’ll mark the end of 2025.The S&P 500 slipped 0.2 per cent in early trading. With just three sessions remaining in 2025,…
NEW DELHI: India and Australia marked the third anniversary of their Economic Cooperation and Trade Agreement (ECTA), showing a significant rise in trade between the two nations. The trade deal, which started three years ago, led to an 8 per cent growth in Indian exports to Australia during the 2024-25 financial year. This growth helped…
Peter Schiff (File photo taken from X) Economist Peter Schiff, renowned for predicting the 2008 financial crisis, advised investors to buy gold while being cautious with silver. He believes gold is a bargain at $4,534 with minimal downside risk, while silver faces higher short-term risks despite its strong performance in 2025. Schiff recommended waiting for…
MMTC Limited shares jumped sharply on Monday, rising 10.5% to Rs 71, continuing its upward momentum for the seventh straight session. Over this period, the stock has delivered gains of more than 31%, supported by a sustained rally in gold and silver prices.The stock closed at Rs 69, up 8% on the BSE and NSE….
