Talks between India and China on reviving traditional border trade have yielded progress, with Beijing agreeing in principle to reopen the Shipki-La pass in Himachal Pradesh’s Kinnaur district, the state government said on Sunday.The trade route, once an offshoot of the ancient Silk Route, had been suspended in 2020 following the Covid-19 outbreak.According to the…
The combined market valuation of eight of the top-10 most valued firms climbed Rs 1,72,148.89 crore last week, tracking a bullish undertone in domestic equities, with Reliance Industries emerging as the biggest gainer.The BSE benchmark had advanced 709.19 points, or 0.87 per cent, during the week, PTI reported.From the top-10 pack, Reliance Industries, Tata Consultancy…
Gold prices are likely to trade in a consolidation zone in the near term, but analysts maintain the broader bias remains positive as expectations grow for a US Federal Reserve rate cut in September.Traders will keep a close eye on upcoming US macro data, including Q2 GDP, PCE inflation, and speeches by Fed officials, which…
Edelweiss CEO Radhika Gupta NEW DELHI: For many young professionals, saving money can feel like a juggling act between bills, loans, and lifestyle choices. But Radhika Gupta, MD and CEO of Edelweiss Mutual Fund, offers a fresh perspective in her new book ‘Mango Millionaire.‘ She compares saving to cricket net practice: the discipline you build…
Elon Musk’s Starlink receives unified license in India NEW DELHI: The security conditions, he explained, bar Starlink from copying or decrypting Indian user data abroad and prevent the mirroring of Indian user traffic on any system outside the country.“The security conditions, inter-alia, include the establishment of earth station gateway(s) in India for providing satellite-based communication…
NEW DELHI: Uttar Pradesh is set to overhaul property transactions and rentals with digital reforms, including QR code-based ownership verification, instant title updates, and simplified rent agreements. Minister of state for stamp and registration Ravindra Jaiswal said these initiatives, part of the state’s Vision 2047 roadmap, aim to make the system faster, transparent, and citizen-friendly,…
NEW DELHI: Bank of India classified the loan account of debt-ridden Reliance Communications (RCom) as fraudulent and also named its former director Anil Ambani, citing alleged diversion of funds in 2016, according to a regulatory filing.The move comes after State Bank of India (SBI) took a similar step in June this year. SBI had alleged…
Uber CEO Dara Khosrowshahi NEW DELHI: Uber CEO Dara Khosrowshahi has identified Rapido as the company’s biggest challenger in India, saying the bike-taxi and ride-hailing startup has now overtaken Ola as Uber’s main competition in the market. Speaking on Zerodha cofounder Nikhil Kamath’s podcast People by WTF, he remarked in a teaser clip, “Ola used…
NEW DELHI: Indian business process outsourcing (BPO) exports are growing faster than information technology (IT) services and are projected to keep this lead in FY2026, according to a new report by Kotak Institutional Equities. The strong performance is being driven by global companies’ focus on cost optimisation, increasing outsourcing of business functions, and a growing…
NEW DELHI: The government is preparing a support package worth about Rs 25,000 crore under the Export Promotion Mission (EPM), announced in the Union Budget 2025-26, to strengthen Indian exporters over the next six financial years (2025-31). PTI sources said the initiative aims to provide affordable credit, improve market access, and cushion exporters from the…
