India and the US are finally close to locking in on a trade deal, sealing a pact which will address both the reciprocal and oil tariffs .Commerce secretary Rajesh Agrawal on Monday said that discussions are going on to close on a package which will include issues such as America’s market access to the country,…
Nearly one in four Indian enterprises has suffered losses of more than $ 1 million from cyber breaches in the past three years, according to PwC’s latest 2026 Global Digital Trust Insights survey. The exposure is particularly high among large firms, with the report noting that 45 per cent of companies earning $5 billion or…
The aviation fuel cargo, totalling 60,000 metric tons (472,800 barrels), departed from Jamnagar port between October 28 and 29. (AI image) Amidst ongoing trade deal related issues, India has for the first time exported jet fuel to the United States’ West Coast. The shipment has been sent for Chevron, an energy major firm.According to a…
India’s merchandise exports fell 11.8% to $34.38 billion in October, even as inbound shipments registered strong growth, pushing the trade deficit to $41.68 billion, government data released on Monday showed.Imports jumped 16.63% to $76.06 billion, driven largely by a sharp rise in precious metal inflows, PTI reported. Gold imports surged to $14.72 billion, nearly tripling…
Global equities are expected to generate strong long-term gains even though market valuations remain high, with Goldman Sachs forecasting an annualised return of 7.7 per cent in US Dollar terms over the next decade. The projection comes from the investment bank’s latest Global Strategy Paper titled Building Long-Term Returns: Our 10-Year Forecasts.According to news agency…
MUMBAI: India must avoid marking progress through “market capitalization ratios or the volumes of derivatives traded,” chief economic advisor V Anantha Nageswaran said. He called upon banks and financial institutions to become bolder, technologically sharper and more willing to take calculated risks.Speaking at the CII Financing Summit 2025, Nageswaran described marketcap and derivative volumes as…
US President Donald Trump has thrown his weight behind a new wave of hard-hitting sanctions aimed at isolating Russia, warning that countries maintaining trade ties with Moscow—and potentially Iran—will be “very severely sanctioned.”Speaking to reporters on Sunday, Trump said he supported congressional efforts to advance tougher penalties on Russia and President Vladimir Putin. “I hear…
The biggest advantage of annuities is their longevity protection. (AI image) For most retirees, the most important financial goal is to ensure they don’t run out of money in their sunset years. The transition from earning a salary to depending on one’s savings can be unsettling. After decades of saving and investing, one wants stability,…
India has finalised its first structured one-year agreement to import liquefied petroleum gas (LPG) from the United States, Union petroleum minister Hardeep Singh Puri announced on Monday. Describing the development as a “historic first”, he said Indian public sector oil companies had secured a contract to source LPG from the US Gulf Coast. Hardeep Puri…
Gold and silver prices retreated on Monday as traders pared positions following hawkish remarks from US Federal Reserve officials, which weakened hopes of a rate cut in the upcoming policy meeting. The shift in sentiment pulled bullion prices lower after last week’s strong rally.On the Multi Commodity Exchange (MCX), gold futures for December delivery slipped…
