Market experts anticipate continued consolidation, pending further clarity on trade discussions. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Monday on global uncertainty regarding US President Donald Trump’s tariff policies. While Nifty50 was above 25,400, BSE Sensex was below 83,400. At 9:17 AM, Nifty50 was…
Representative image (Picture credit: AP) Asian markets slipped into the red on Monday as fresh confusion over the US tariff policy weighed on investor sentiment, while oil prices extended losses after OPEC+ surprised markets with a bigger-than-expected output hike.Japanese shares shed 0.3%, South Korea’s KOSPI declined 0.7%, and MSCI’s broadest index of Asia-Pacific shares outside…
Rajiv Memani, chairman and CEO of consulting firm EY India has taken over as the new president of CII (Confederation of Indian Industry) at a critical juncture for India Inc. In an interview to TOI, Memani says the overall health of businesses is not bad and he expects a reasonably strong bounce-back in growth. Excerpts:Some…
US President Donald Trump on Sunday spoke about the much-discussed upcoming trade deals between the United States and other countries, including India. He said that letters related to these trade agreements will start going out from Monday.“We are going to be sending letters out on Monday having to do with the trade deals… It could…
PARIS: European auto major Stellantis believes a long-term stable policy framework and its uniform roll-out across different states in India is critical for automakers to execute business plans on a long-term basis.Stellantis, which has presence in India through brands like Jeep and Citroen, feels that policy framework should work informally across the nation so that…
MUMBAI: Markets regulator Sebi’s Rs 4,850-crore disgorgement order against global algo-based trader Jane Street group and its temporary ban from Dalal Street – for market manipulation – is unlikely to deter proprietary (prop) firms from trading on domestic bourses. Rather, the clampdown is expected to improve compliance and corporate governance among brokerages and funds that…
Savings a/c slowdown: PSBs may scrap min balance finesMUMBAI: Public sector banks are reconsidering the need for customers to maintain minimum balances in savings accounts, following discussions with the finance ministry over the declining share of current and savings accounts in total deposits.Canara Bank, Bank of Baroda, Punjab National Bank and Indian Bank have recently…
IndiGo is stepping up its international game with CEO Pieter Elbers identifying Amsterdam as a critical hub to connect India with Europe and North America, as the airline launches direct flights to the Dutch capital and Manchester.“This is more than just adding two destinations. It’s a shift in product, partnerships and profile,” Elbers told PTI,…
t, Indian business could create economic value worth $9.82 trillion. (AI image) India’s economy could grow leaps and bounds in the coming years, estimates PwC India in a new report. The analysis projects India’s total GVA to increase from $3.39 trillion in 2023 to $9.82 trillion in 2035, representing a CAGR of 9.27%.GVA or Gross…
Brics nations on Sunday jointly called on advanced economies, global financial institutions and the private sector to provide “substantial” climate finance for developing countries, asserting the need for predictable, equitable, and affordable funding to meet the goals of the Paris Agreement and the UNFCCC.In a joint statement released after the meeting of Finance Ministers and…