‘Economy not heating, room for rate cut’

MUMBAI: The second-quarter GDP growth, at a six-quarter high of 8.2%, has shifted expectations ahead of the RBI’s Dec 5 monetary policy committee meeting. Ordinarily, such a sharp upside surprise would suggest overheating and trigger caution from the central bank. Economists say the picture is more nuanced, and rate-cut expectations remain in play. The rise…

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Parliament winter session’s economic agenda: 9 bills listed for discussion; insurance, sin-goods taxation and more in focus

Parliament’s winter session kicks off Monday NEW DELHI: As the Winter Session of Parliament begins on Monday, the government is set to push a heavy economic agenda, lining up nine key bills ranging from insurance reforms to new taxation frameworks for sin goods such as tobacco and pan masala. The session will run from December…

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Elon Musk didn’t want Donald Trump to impose tariffs? Tesla CEO’s big statement on podcast with Nikhil Kamath; makes ‘free trade’ justification

Elon Musk on Nikhil Kamath’s podcast In a wide-ranging conversation with Zerodha cofounder Nikhil Kamath on the “People by WTF” podcast, Elon Musk shared his perspectives on various topics including US trade policies. The Tesla CEO touched on issues ranging from President Donald Trump’s tariff strategy to the H‑1B visa system, while also offering a…

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‘Incredible potential’: British Airways eyeing expansion in India, says COO; cites rising demand, growth of local carriers

British Airways is preparing to expand its India operations to tap into the country’s fast-growing aviation market and rising outbound travel demand, a senior airline executive said, citing the country’s “incredible potential”.The carrier, which has been flying to India for more than a century, currently operates 56 weekly flights from Indian cities to London —…

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Gold outlook for the week: Yellow metal could once more be near record highs — what analysts have to say

Gold prices are expected to stay strong and may come close to historic highs in the coming week as market participants monitor crucial US data, Federal Reserve Chair Jerome Powell’s speech and the RBI’s policy announcement, according to analysts.“Gold moves out of the consolidation range as investors focus on the manufacturing and services PMI data…

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Nifty, Sensex hit fresh record highs: RBI MPC outcome in focus; 8 key factors to drive markets this week

Equity benchmarks ended last week on a strong note, extending their winning streak for the third straight week and hitting fresh all-time highs. After early profit-taking, a sharp midweek rebound lifted sentiment, followed by healthy consolidation. By the close, the Nifty gained 0.52% to 26,202.95 and the Sensex rose 0.56% to 85,706.67, reported ET.The rally…

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FPI outflows resume in November: Rs 3,765 crore offloaded; global risk-off cues and high domestic valuations hit sentiment

Foreign investors withdrew a net Rs 3,765 crore from Indian equities in November following October’s brief respite, influenced by global risk-off sentiment, instability in global technology stocks and a preference for primary over secondary markets.This November decline followed October’s net inflow of Rs 14,610 crore, which had interrupted three consecutive months of outflows — Rs…

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