Six of ten most-valued companies saw their market capitalisation soar by Rs 63,478.46 crore last week, fueled by strong gains in Larsen & Toubro and State Bank of India. The broader market also moved modestly higher, with the 30-share BSE Sensex rising 187.95 points, or 0.22%, during the week. Among the top firms, Larsen &…
Prime Minister Narendra Modi is set to inaugurate the Meerut Metro and the Namo Bharat RRTS, on Sunday, during his visit to Shatabdi Nagar in Meerut, Uttar Pradesh, while also dedicating development works worth around Rs 12,930 crore to the city. Following the inauguration, the Prime Minister is set to take a metro ride to…
The US Supreme Court’s decision striking down tariffs imposed by President Donald Trump has done little to ease pressures on the global economy, with analysts warning that uncertainty over future trade policy may instead intensify. Economists said the ruling, while limiting Trump’s use of tariffs under emergency powers, is unlikely to change the broader trajectory…
India is pushing to expand its preferential trade agreement with the Mercosur bloc as part of efforts to scale up trade and investment ties with Latin America, commerce and industry minister Piyush Goyal said on Saturday, signalling a broader reset in economic engagement with the region, PTI reported. Speaking at Ficci’s India-Brazil Business Forum, Goyal…
India and Brazil on Saturday agreed to scale up bilateral trade to $30 billion annually by 2030 and signed a key cooperation pact on critical minerals, with Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva pledging to deepen strategic ties amid a shifting global economic landscape.The two leaders also discussed the…
US President Donald Trump (File photo) US President Donald Trump on Saturday increased the global tariff he had announced a day earlier from 10% to 15%, in a strong reaction to the US Supreme Court’s landmark ruling that dealt a stinging blow to his second tenure as president.In a post on Truth Social, the MAGA…
India’s pharmaceutical exports rose 9.4 per cent in 2024–25 to $30.47 billion, with the industry targeting double-digit growth in 2026–27 amid efforts to expand global market access, the commerce ministry said on Saturday, PTI reported. Issues related to pharmaceutical exports were discussed during a Chintan Shivir held in Ahmedabad between government officials and industry representatives,…
The reduction of US reciprocal tariffs on Indian goods from 25 per cent to 10 per cent is expected to significantly improve the competitiveness of labour-intensive sectors such as pharmaceuticals, electronics, engineering goods, textiles, and gems and jewellery in the American market, industry representatives said.The development follows a US Supreme Court ruling that struck down…
Asha Sharma (Photo credit- Microsoft) TOI Correspondent from Washington: In a sweeping reset during Xbox’s 25th anniversary year, Satya Nadella-led Microsoft has named Asha Sharma as CEO of Microsoft Gaming, pitching another Indian-American into a leadership position at a time of intense xenophobia in MAGA circles. Wisconsin-born Sharma, 43, succeeds Phil Spencer, the widely admired…
Before you make the decision on which asset class to invest in, experts believe it’s prudent to look at historical data. (AI image) Gold and silver have delivered eye-popping returns over the last one year. In contrast, Sensex and Nifty have delivered a muted performance. Gold and silver have already delivered an exceptional run over…