Nobel laureate Abhijit Banerjee has said India should reassess whether importing cheap oil from Russia is “worth it” after the Trump administration imposed an additional 25 per cent tariff on Indian goods, taking the total levy to 50 per cent — one of the highest by the US on any country.The latest tariff hike, signed…
The Confederation of Indian Industry (CII) has proposed a series of comprehensive land reforms to bolster India’s position as a global manufacturing hub. Key among these proposals is the creation of a GST-like Council to facilitate coordinated and consensus-based land reforms across the country. CII suggests standardizing stamp duty rates to a uniform 3 to…
Stock markets are set for another potentially turbulent week in the wake of Us tariff impact, q1 earnings and inflation data expected this week. This week’s trading would only span across days; Friday being an holiday on account of Independence Day. In the upcoming week, investors will be focusing on India’s Consumer Price Index (CPI)…
Over the last five years, India has expanded its international trade relationships by signing five major Free Trade Agreements (FTAs) whilst progressing with several new negotiations, as detailed in Minister of State for Commerce and Industry Jitin Prasada‘s written response to the Rajya Sabha.The Minister provided this information in response to Congress member Jebi Mather…
Nayara Energy is responsible for approximately 8% of India’s refining capacity and 7% of its retail fuel station network. (AI image) Nayara Energy, the Russia-backed Indian refinery, is facing a perfect storm – hit by European Union sanctions, currently faces multiple challenges: disrupted global shipping, domestic regulatory constraints, changes in leadership and concerns regarding digital…
NEW DELHI: Six of the country’s 10 most valued companies saw a combined erosion of Rs 1,36,151.24 crore in market capitalisation last week, dragged down by weak sentiment in equity markets, with Reliance Industries suffering the steepest loss. The BSE Sensex fell for the sixth straight week, shedding 742.12 points or 0.92 per cent, while…
Yellow Line of Namma Metro to be inaugurated by Prime Minister Narendra Modi (PTI photo) NEW DELHI: Prime Minister Narendra Modi will inaugurate the Yellow Line of Bengaluru’s Namma Metro on Sunday, marking a major expansion of the city’s mass transit system. The 19-km corridor from RV Road (Ragigudda) to Bommasandra under Phase-2 will link…
The National Stock Exchange (NSE) reported a 15 per cent monthly increase in new investor registrations for June 2025, reaching 12.7 lakh from 11.0 lakh in May. However, this remained below the June 2024 figure of 21.6 lakh new investors, as detailed in the NSE Market Pulse report for June 2025.Western India led the regional…
Sebi revises norms on InvITs Sebi has modified the framework governing the transformation of private listed Infrastructure Investment Trusts (InvITs) to public InvITs, with updated sponsor holding requirements and harmonised disclosure norms.The market regulator implemented these modifications with immediate effect, following industry feedback and guidance from the Hybrid Securities Advisory Committee, according to The updated…
The Reserve Bank of India (RBI) has announced that investors in Sovereign Gold Bonds (SGB) 2019-20 Series-IX and 2020-21 Series-V can opt for premature redemption on August 11, 2025, at Rs 10,070 per unit.These government-backed bonds, with an eight-year tenure, allow early redemption only after the fifth year from the date of issue and exclusively…
