Just a day after helping power a sharp rebound in technology stocks, Tata Consultancy Services (TCS) turned into one of Dalal Street’s biggest losers on Wednesday, with the stock plunging more than 8% in its steepest single-day decline since the Covid-driven market crash of March 2020.The sell-off erased the gains accumulated during the recent rally…
Vikram Sahu, India CEO and Country Executive, Bank of America, hosted the bank’s investor conference in India with foreign institutional investor participation rising 20% from the previous year. According to Sahu, despite the short-term challenges interest in India remains undiminished.Q. With the monetary policy committee meeting around the corner what do you expect from the…
India and the US are working to resolve the remaining sticking points in their proposed trade agreement and are hopeful of finalising the pact within the next several weeks, US envoy to India Sergio Gor said on Wednesday.Speaking at Citi’s 2026 India Conference, Gor said a US trade delegation is currently in India negotiating the…
The government said that due to the crisis in the Middle East, international ATF prices have increased 2.5 times. (AI image) Amid the prolonged Middle East conflict, the government has approved an Aviation Turbine Fuel (ATF) Price Stabilisation Fund to safeguard problems being faced by airlines, oil marketing companies and fliers. This will be a…
In a major clean-air initiative aimed at reducing vehicular pollution in the National Capital Region, the Union Cabinet has approved a Rs 5,041 crore scheme to replace older trucks and buses in Delhi-NCR with cleaner BS-VI and electric vehicles, backed by a package of financial incentives for vehicle owners, Union minister Ashwini Vaishnaw said on…
The Union Cabinet on Wednesday approved a package of projects and schemes worth Rs 39,290 crore, spanning aviation, highway infrastructure and transport modernisation, with the largest allocation going towards the creation of an Aviation Turbine Fuel (ATF) Price Stabilisation Fund.According to details of the Cabinet decisions, the government approved a Rs 10,000 crore ATF Price…
Going forward, Indian exports to the US may face higher scrutiny and the additional tariffs will hit as well, say experts. (AI image) Two days after Commerce minister Piyush Goyal said that the India-US trade deal was now down to finalising the ‘commas and full stops’, the Donald Trump administration has proposed to impose additional…
The government’s recent hike in gold import duty has fuelled a surge in smuggling, with illicitly imported gold reportedly being sold at discounts of up to Rs 10 lakh per kilogram, creating a significant price gap with legally imported bullion.According to industry participants cited by ET, gold brought into the country through unofficial routes is…
NEW DELHI: The Centre on Wednesday said it is in touch with the United States regarding a Section 301 investigation linked to concerns over forced labour and excess industrial capacity.Earlier, the Office of the United States trade representative (USTR) named India among countries it believes follow unfair trade practices. Based on its findings, the USTR…
For Indian investors, domestic gold prices remained comparatively resilient. (AI image) Gold price prediction today: While gold and silver prices are seeing some weakness, in the domestic market gold has managed to exhibit some resilience, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.Gold’s broad consolidation phase from April…
