Business

Global technology expenditure in 2025 is unlikely to reach the $6-trillion mark due to tariff-driven financial policies from Washington, causing businesses to hesitate in committing substantial funds to long-term projects.Leading industry analysts – Canalys, Forrester, Gartner and IDC – have consistently reduced their IT growth projections for 2025 since tariff discussions emerged in Spring. These…

Proposed changes in the Goods and Services Tax (GST) structure could temporarily push up India’s fiscal deficit, but the growth benefits are expected to outweigh the short-term setback, according to an analysis by Emkay Research cited by ANI.The report projects the fiscal deficit rising to 4.5 per cent in FY26 and 4.6 per cent in…

MUMBAI: Equity markets surged, the rupee recovered sharply against the dollar, but bonds erased most of Friday’s gains on fears of higher govt borrowing. The shift came as investors weighed the Centre’s proposed overhaul of the goods and services tax alongside a sovereign rating upgrade from S&P.The sensex closed 676 points, or 0.8%, higher at…

Siddhartha Khemka, Head of Research at Wealth Management, Motilal Oswal, says, “We remain optimistic about Indian equities for the next 6-9 months.” (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Tuesday on the back of strong domestic news flow and global cues. While Nifty50 was…

Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, JSW Steel, and Titan are the top stocks to buy today:JSW Steel – Buy in the range between Rs 1075 & Rs 1085; Stop Loss: Rs 1038; Target: Rs 1170JSW Steel has…

NEW DELHI/MUMBAI: Expect a bumper Diwali for consumers as plans to rationalise and reduce GST rates on ACs, televisions (above 32-inch) and dishwashers will see retail prices come down by as much as 7-8%, leading to price cuts from a few thousand rupees to over Rs 10,000 on premium products.The industry said the decision, particularly…

NEW DELHI: The commerce and industry ministry is working on a 100-day reform agenda, which may include proposals such as further liberalising the FDI regime, easing investments from neighbouring countries, and more tax benefits for startups, an official said. The proposals may also include easing certain environmental norms for the leather and footwear industry, expediting…

NEW DELHI/MUMBAI: Aiming to set off a “cracker of a Diwali”, as Prime Minister Narendra Modi put it, the proposed rationalisation of Goods and Services Tax (GST) rates could provide a lift to the struggling packaged foods sector by boosting consumption and reviving urban demand. Diwali, traditionally the peak season for household and discretionary spending…

NEW DELHI: Amid expectations of job losses due to higher tariffs, exporters are seeking support for workers who would be hit by the impact of US President Donald Trump’s actions.At a meeting of export promotion councils convened by the federation of indian export organisations on Monday, most businesses suggested that a package from the Centre…

MUMBAI : The markets regulator is seeking to make it easier for India’s largest firms to go public. Sebi has proposed easing minimum public offer (MPO) norms and extending timelines for meeting minimum public shareholding (MPS) requirements. The proposals have been submitted to the govt for amending the Securities Contracts (Regulations) Rules.Currently, firms with a…