NEW DELHI: In an affirmation of India’s semiconductor ambitions, Japanese supply chain major Fujifilm Electronic Materials on Wednesday said it is keen to set up a factory in India as it explores new investments and hirings in the country to cater to the growing fab ecosystem.“India has a big potential across semiconductor manufacturing, supply chain…
File photo: Industrialist Anand Mahindra (Pictur ecredit: ANI) Industrialist Anand Mahindra has welcomed the sweeping Goods and Services Tax (GST) rate cuts announced on Wednesday, urging policymakers to accelerate further reforms to strengthen India’s economy.Mahindra framed the GST cuts as a step in the right direction but stressed that this should mark the beginning of…
NEW DELHI: Activity in the country’s key services sector rose to a 15-year high as new orders and output surged, exports soared, and business confidence rose to a five-month high, a survey showed on Wednesday.The HSBC India Services PMI Business Activity Index increased from 60.5 in July to 62.9 in Aug-the steepest expansion rate since…
Ex-Trump aide John Bolton (file photo) Former US National Security Advisor John Bolton lashed out at US President Donald Trump on Thursday (local time) for deteriorating US-India relations through a 50% tariff imposition on India, which he claims has driven Prime Minister Narendra Modi towards Russia and China.“The White House has set US-India relations back…
GST Council’s rate cut decisions will act as the immediate market driver. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Thursday, rallying strongly on the back of sweeping GST rate cuts announced by FM Nirmala Sitharaman. While Nifty50 was above 24,850, BSE Sensex rallied over…
File photo (Picture credit: AP) Asian stocks gained on Thursday as dovish signals from US Federal Reserve officials and weak labour market data reinforced bets on interest rate cuts, even as oil prices extended losses ahead of a key Opec+ meeting.MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.5% after US equities closed with…
Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, the top buy calls for today are: Dabur, Bajaj Auto, and Amara Raja Energy & Mobility. Here’s his view on Nifty, Bank Nifty and the top stock picks for September…
NEW DELHI: Commerce and industry minister Piyush Goyal on Wednesday assured exporters to support them in dealing with steep tariffs imposed by the US, an official said. He also reaffirmed govt’s commitment to safeguarding the interests of Indian exporters, amid the evolving global trade scenario.He assured industry representatives that govt is actively engaged in creating…
BENGALURU: Home services platform Urban Company is set to launch its initial public offering (IPO) next week, in what is among the most closely tracked issues of 2025. Market regulator Sebi cleared the company’s proposal earlier this week, paving the way for the public float.The IPO, scheduled between September 10 and 12, will comprise a…
NEW DELHI: Employment in India’s unincorporated sector dipped marginally in the April-June quarter of the current fiscal compared to the previous quarter, though the number of enterprises rose, according to a quarterly survey released Wednesday. National Statistics Office (NSO) published first quarterly bulletin of unincorporated sector enterprises (QBUSE) with estimates for Jan-Mar and Apr-June 2025….
