Big railway push! Centre approves Rs 12,328 cr projects spread across 5 states; check details

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved four major railway infrastructure projects worth around Rs 12,328 Crore. Spread across Gujarat, Karnataka, Telangana, Bihar, and Assam, the projects are aimed at boosting passenger and freight connectivity, reducing logistics costs, and supporting India’s climate goals.The four approved projects include the Deshalpar–Hajipir–Luna and…

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Donald Trump tariffs: Why did Nifty50, BSE Sensex tank in trade? Top reasons stock for market fall

Investors simultaneously grappled with additional challenges, including unfavourable global market indicators. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, crashed in trade on Thursday, a day after Donald Trump’s 50% tariffs on India came into effect. While Nifty50 closed at 24,500.90, down 211 points, BSE Sensex ended at 80,080.57,…

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Textile exports: India extends duty-free cotton imports by 3 months; relief for exporters hit by US tariffs

The government on Thursday announced a three-month extension for duty-free cotton imports, allowing the benefit to continue until December 31 to aid textile exporters hit by 50 percent US tariffs.“In order to support exporters further, the Central government has decided to extend the import duty exemption on cotton (HS 5201) from 30th September 2025 till…

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‘Trump a great peacemaker’: Secret letter from Xi Jinping helps revive India-China ties; move to counter US tariff war

In March, when Trump escalated trade tensions with China, Beijing initiated discreet diplomatic communications with India. (AI image) US President Donald Trump’s global tariff war has had one major consequence – India and China, the world’s second and fifth largest respectively – are growing closer, with focus on trade ties. The development is significant since…

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Gold & silver price prediction today: Gold rate exhibiting bullish trend – what’s the outlook and should you buy or sell?

Gold price prediction: The bullish sentiment in gold is supported by both technical and fundamental factors. (AI image) Gold and silver price prediction today: Gold prices are likely to continue their bullish trend in the near term, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. The analyst also believes that the…

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Union AIBOC opposes IDBI Bank privatisation

New Delhi: All-India Bank Officers’ Confederation (AIBOC) criticised govt’s move to privatise IDBI Bank, saying that it would be betrayal of parliamentary assurances given at the time of its transformation in 2003. Privatisation of IDBI Bank is not just the sale of shares, it is the sale of people’s savings, AIBOC said. Source link

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