The sharp 42.5% rise in domestic gold prices over the last year has drawn many new investors towards the yellow metal. However, one needs to know that exposure to gold does not necessarily require buying or storing the physical commodity.Investors can take positions through mutual funds, exchange-traded funds (ETFs), and even systematic investment plans (SIPs)….
The proposal to reduce drug costs for Americans through pharmaceutical tariffs could have unintended consequences. (AI image) US President Donald Trump is mulling tariffs on the pharmaceutical sector – as high as 200%! Trump intends to levy substantial import duties on pharmaceutical products, a sector that has largely remained unaffected by his trade policies. Historically,…
Modi government’s proposal on GST rate cuts and slab changes includes consolidating the tax brackets to three levels – 5%, 18% and 40%. (AI image) The Goods and Services Tax (GST) Council meeting began on Wednesday to decide on rate cuts and slab changes for a majority of items under the indirect tax. The 56th…
Indian and Chinese companies are moving quickly to firm up joint ventures and partnerships in electronics and automobiles after the recent meeting between Prime Minister Narendra Modi and Chinese President Xi Jinping.Both leaders have pledged to improve ties, a signal that has boosted business sentiment amid US tariff pressures.According to industry executives cited by ET,…
NEW DELHI: Prime Minister Narendra Modi on Tuesday pitched India as one of the most promising destinations for semiconductor manufacturing, saying “the world trusts India, the world believes in India, and the world is ready to build semiconductor future with India”.Addressing the inaugural session of Semicon India conference, PM said from being a back-end support…
MUMBAI: Super.money, a UPI-first platform backed by Flipkart has surpassed 250 million transactions per month, a staggering increase from the 2.5 million it recorded just one year ago with the growing being fueled by tech savvy Gen Z consumers.Gen Z isn’t just using financial platforms; they’re setting the pace for how money moves. Their transactions…
India’s services sector expanded at its fastest pace in 15 years in August, driven by strong demand and rising international orders, according to the HSBC India Services Purchasing Managers’ Index (PMI), compiled by S&P Global.The index rose to 62.9 in August from 60.5 in July, marking the sharpest growth since June 2010. A reading above…
Image used for representative purposes MUMBAI: Global K-Beauty and cosmetics brand Amorepacific has registered 70% year-on-year growth on Myntra, reflecting the rising demand for K-Beauty in India and the growing preference for premium skincare among consumers across metros and emerging markets.Amorepacific’s brands have played a key role in the 200% YoY surge in K-Beauty customer…
Senior US analyst Edward Price (ANI image) US President Donald Trump is facing widespread criticism for imposing steep tariffs on India. Senior US analyst Edward Price has urged him to eliminate them entirely and issue an apology.In an interview with ANI, Price, a professor at New York University, described India as a “deciding” player in…
MUMBAI: CityMall has raised $47 million in funding led by Accel. Existing investors including Waterbridge Ventures, Citius, General Catalyst, Elevation Capital, Norwest Venture Partners, and Jungle Ventures also backed the round. The fresh capital will be deployed to expand besides boosting its portfolio of private labels and brand partnerships. Launched in 2019 by Angad Kikla,…
