India is set to emerge as the world’s next manufacturing powerhouse, and policy stability will be crucial to realise this potential, Maruti Suzuki India MD and CEO Hisashi Takeuchi said on Friday. Speaking at the annual convention of the Automotive Component Manufacturers Association of India (ACMA), Takeuchi highlighted the country’s unique strengths and opportunities amid…
The Securities and Exchange Board of India (Sebi) on Friday approved a series of reforms aimed at strengthening India’s capital markets, including relaxed IPO norms for very large companies, streamlined access for foreign investors, and a revised framework for anchor investors in public issues. The decisions came during the third board meeting chaired by Sebi…
India’s foreign exchange reserves rose by $4.038 billion to $698.268 billion in the week ended September 5, driven largely by a jump in gold holdings, the Reserve Bank of India (RBI) said on Friday.Gold reserves surged $3.53 billion to $90.299 billion, PTI reported. While foreign currency assets, the largest component of the reserves, increased by…
Gold rate today: Gold and silver prices surged to record levels on Friday, buoyed by strong global demand and rising expectations of an interest rate cut by the US Federal Reserve next week. In the national capital, 99.9% purity gold touched Rs 1,13,800 per 10 grams, while silver crossed Rs 1,32,000 per kilogram, according to…
Retail inflation edged higher in August, with the Consumer Price Index (CPI) recording a year-on-year rise of 2.07%, up 46 basis points from July’s 1.61%, according to official data released by the Ministry of Statistics and Programme Implementation (MoSPI) on Friday.The ministry said in its release that food inflation, based on the Consumer Food Price…
The Indian government is formulating fiscal incentives to boost domestic production of rare earth magnets, essential for EV motors, aiming to reduce reliance on Chinese supply. A scheme is being framed to provide targeted support to the industry, covering capital and operational expenditure. This initiative addresses supply disruptions and strengthens India’s participation in global value…
Silver rate today: Silver prices surged to an all-time high on Friday, climbing Rs 1,668 to touch Rs 1,30,000 per kilogram in the domestic futures market, as investors bet strongly on a possible US Federal Reserve rate cut next week.On the Multi Commodity Exchange (MCX), silver futures for March 2026 delivery rose by Rs 1,668…
If for any reason, you are unable to file a tax return by the due date, you can file a belated return by 31 December 2025. ITR filing FY 2024-2025: The deadline or due date for filing Income Tax Returns (ITR) for Assessment Year 2025-26 is September 15, 2025. This due date is unlikely to…
What to know about Larry Ellison co-founded firm’s sudden rise On Wednesday, Oracle stunned Wall Street when its shares surged 36% in a single day, the company’s biggest one-day gain since 1992. The rise followed its announcement of a series of multibillion-dollar deals in artificial intelligence (AI) cloud infrastructure, including a landmark agreement with OpenAI….
Russian Urals seaborne exports maintain steady volumes currently, with India representing a crucial market share. (AI image) India and China’s interest in Russia’s crude oil will remain ‘strong’ irrespective of existing and upcoming sanction rounds, believes Vortexa, the cargo tracking & energy market intelligence firm. In its latest report on Russia’s oil exports, Vortexa says…
