NEW DELHI: Foreign portfolio investments in Indian markets reached record levels in May 2025, as confirmed by National Securities Depository Ltd (NSDL) statistics, quoted by ANI. The month recorded net FPI inflows of Rs 19,860 crore, establishing May as the strongest month for foreign investments in 2025.The period from May 26 to May 30 saw…
Donald Trump has always called China the ‘biggest abuser’ on tariffs. (AI image) US President Donald Trump claims he was a ‘Nice Guy’ with China – that he helped China out of a ‘devastating’ situation when the world’s second largest economy was in ‘grave economic danger’. But, China ‘violated’ its agreement with the US, Trump…
Higher loans, credit cards coming street vendors’ way NEW DELHI: With the contours of the revamped PM SVANidhi scheme having been finalised, street vendors will be getting higher subsidised loans, as well as credit cards with a limit of Rs 30,000, on account of banks coming on board. The credit cards will be issued by…
Indian steel producers must remain cautious as Chinese steel exports continue to stay elevated, despite no current surge in import bookings, JSW Steel’s Joint Managing Director and CEO Jayant Acharya said on Wednesday.Speaking during an investor call, Acharya said the domestic industry needs to keep a close watch on import dynamics, especially from countries with…
The court ruling is being seen as a considerable obstacle for Trump’s efforts to reshape America’s trade relations globally. (AI image) A US trade court has dealt a blow to President Donald Trump’s reciprocal tariff plans saying that the American president has ‘overstepped’ his authority. The court has blocked the implementation of most of Donald…
India’s power demand is projected to grow by 6.0–6.5 per cent annually over the next five years, driven by accelerating electric vehicle (EV) adoption, rapid expansion of data centres, and the development of green hydrogen projects, according to ICRA.“These three segments are expected to contribute to 20–25 per cent of the incremental demand over the…
Gold pared some of the gains witnessed last week. (AI image) Gold price prediction today: Gold rate has been swinging in the last few weeks and has recently pared gains. Global uncertainties make gold a safe haven bet, but the flow of relatively better news internationally, especially on Donald Trump’s tariff front, is taking the…
MUMBAI: Swiss consumer goods giant Nestle has picked up a minority stake in the Indian pet food startup Drools. The Bengaluru-based company did not disclose the specifics of the deal but said it was valued at $1 billion post-investment, joining the ranks of unicorn startups. “This is a financial investment by the company, and Drools…
Experts say that the market outlook remains positive, with broader market participation anticipated due to supportive macro factors and earnings momentum. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Monday. While Nifty50 went above 25,000, BSE Sensex gained over 500 points. At 9:19 AM, Nifty50…
National Securities Depository Ltd (NSDL), which is preparing for its initial public offering (IPO), reported a 4.77 per cent increase in consolidated net profit to Rs 83.3 crore for the quarter ended March 2025.The depository had posted a net profit of Rs 79.5 crore in the same period a year ago.Total income during the January–March…