Donald Trump (File photo) The Supreme Court on Tuesday agreed to take up a fast-track review of the Trump administration’s sweeping global tariffs, setting a November hearing that could decide the fate of one of US President Donald Trump’s most significant economic policies. The justices approved an unusually brisk schedule after a federal appeals court…
NEW DELHI: In a significant development for the country’s seafood industry, the European Union (EU) has listed 102 new Indian fishery units for export from India to EU member countries. The move comes amid the backdrop of stiff tariffs imposed by the US, which is expected to hurt the country’s shrimp exports and lead to…
MUMBAI: Sumitomo Mitsui Banking Corporation (SMBC) is set to sell its entire 1.7% stake in Kotak Mahindra Bank, worth over Rs 6,166 crore, through block deals on NSE and BSE. The Japanese lender is freeing up investment headroom to raise its holding in Yes Bank to nearly 25% after securing all regulatory clearances.According to the…
PM Modi and Donald Trump (File photo) NEW DELHI: Prime Minister Narendra Modi on Wednesday responded to US President Donald Trump’s positive remarks on trade negotiations with India, with both leaders affirming that discussions between the two countries will continue. “India and the US are close friends and natural partners. I am confident that our…
Top stocks to buy (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, the top stocks to buy today are Raymond Lifestyle, Brainbees, and Titagarh Rail Systems:Raymond Lifestyle – Cup & Handle + ADX StrengthBuy near: ₹1,240–₹1,220 | SL: ₹1,100 | Target: ₹1,450–₹1,500Earlier covered around…
MUMBAI: Govt has allowed companies to display revised MRPs on old packs of products that remain unsold, in a relief to packaged goods manufacturers who were awaiting clarity on labelling and packaging to devise strategies around passing on GST benefits to consumers. Firms will however, have to clear their old stock by Dec 31. In…
MUMBAI: Calling into question CBI’s “pick-and-choose policy”, a special court recently discharged KV Brahmaji Rao, a former executive director of Punjab National Bank (PNB), seven years after he was first accused in the Rs 23,000-crore fraud case involving fugitive jewellery businessman Nirav Modi.Among the 25 accused individuals and companies in the case, Rao is the…
MUMBAI: The rejigging of GST slabs will make products more affordable for consumers, easing stress for the entry level market segment, said Nyrika Holkar, executive director at Godrej Enterprises Group (GEG), which is expecting reduction in taxes to give a boost to festive purchases. The move, Holkar said, will also push premiumisation. Availability of financing…
India is looking to expand its textile exports to 40 countries after US imposed 50% tariff on Indian imports, Union minister Giriraj Singh said on Tuesday.The minister said that these 40 countries represent nearly $600 billion in textile and apparel imports, offering vast opportunities for India to enhance its market share. He also added that…
Wall Street traded mixed on Tuesday as investors awaited key US inflation figures and an Apple event expected to showcase the launch of new iPhones.The Dow Jones Industrial Average jumped 79 points or 0.17% to trade at 45,594. Nasdaq, on the other hand, slipped 11 points or 0.05%, reaching 21,786. S&P 500 remained flat at…
