Toshihiro Suzuki after PM Modi launched the export programme of Maruti Suzuki India’s first electric vehicle e VITARA Japanese car manufacturer Suzuki Motor Corporation, on Tuesday, announced plans to invest Rs 70,000 crore in India over the next five to six years to enhance its operations in the country, as said by Representative Director and…
Indian stock markets will suspend operations on Wednesday, August 27 on the occasion of Ganesh Chaturthi. This represents the second market holiday in August, following the earlier closure on August 15 for Independence Day celebrations, apart from the routine weekend offs.Operations at both BSE and NSE will cease completely for the day, affecting all trading…
PM Modi flags off Maruti EV in Gujarat NEW DELHI: Prime Minister Narendra Modi on Tuesday flagged off Maruti Suzuki’s first Battery Electric Vehicle (BEV), e-Vitara, at Hansalpur, Gujarat. The EV, made in India, will be exported to over 100 countries, signifying India’s growing ambitions in green mobility and self-reliance.The launch coincided with the commencement…
New Delhi: Apple has told govt that it does not intend to slow down the expansion of iPhone production in India. This expansion is estimated to entail investments of around $2.5 billion and will continue to boost manufacturing capacity to around 60 million units annually, up from the current 40 million-plus units. A large part…
Crypto trade in Futures surpasses Spot deals (AI image) A major shift can be seen in India’s cryptocurrency market, with futures trading volumes on local exchanges now surpassing spot transactions by more than threefold. According to Economic Times, industry executives and legal experts attribute the surge to the recent upswing in crypto prices, leverage-driven profit…
New Delhi: The Reserve Bank of India (RBI) is holding consultations with exporters on the kind of support that may be required to help them overcome challenges they face due to disruption in shipments, following the 50% additional tariff imposed by the US.“Some consultations are planned later this week,” an industry source told TOI, adding…
GTRI believes that the US tariffs implementation represents a substantial trade challenge for India’s economy. (AI image) The Donald Trump administration’s move to impose 50% tariffs on India effective August 27, will pose a significant export challenge for the world’s fifth largest economy. The US administration has released a draft notification outlining its strategy to…
Gold price prediction: Gold needs to take out strong resistance at $3,410 to target the next resistance at $3,450. Support is at $3346 (Rs 99,800)/$3319 (Rs 98,900). (AI image) Gold price prediction today: Gold rates are expected to rise with the US Federal Reserve Chairman Jerome Powell signalling rate cuts. The Donald Trump administration’s 50%…
Diamond jewellery, textile and marine product exporters are rushing to clear US orders via air and sea before August 27, when President Trump’s proposed 25 per cent additional tariff on Indian imports takes effect. Over the past week, exporters completed pending US orders mainly through sea transport, while using air cargo—despite higher costs—for final consignments…
JM Financials initiated coverage on ITC Hotels with a sell rating and a target price of Rs 215. Analysts said although the hotels major delivered good numbers over FY23-25, due to limited incremental inventory getting commissioned till FY28, growth will be limited in the near term. The company has an asset-light pipeline to further expand…
