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US stocks traded mixed on Friday as investors returned from the Christmas holiday in thin volumes, while gold and silver continued their sharp rally to fresh record highs amid safe-haven demand. In early trade, the S&P 500 edged up about 0.1% in early trade, holding on to modest gains for the week, AP reported. The…
2025 has cemented itself as the year of the “Tariff Wall.” With India now facing a new landscape of protectionism from the West, and complicated energy issues developing in the global energy market, India’s economic relationship with the world has been defined by a series of flashpoints.Although government officials say that India’s external sector remains…
The government has amended rules to streamline approvals for opening coal and lignite mines, a move aimed at cutting procedural delays and speeding up mine operationalisation while retaining regulatory oversight, PTI reported .Under the earlier framework, Rule 9 of the Colliery Control Rules, 2004 required mine owners to obtain prior approval from the Coal Controller’s…
IT services firm Coforge on Friday announced the acquisition of Silicon Valley-based AI firm Encora in an all-stock deal valued at $2.35 billion (about Rs 21,133 crore), marking one of the largest overseas acquisitions by an Indian mid-tier IT company, PTI reported.The acquisition will be funded entirely through equity, with Coforge issuing preferential shares worth…
India’s steel capacity expansion is coming under pressure from a policy mismatch that raises input costs even as the government seeks to protect domestic producers, according to a report by the Global Trade Research Initiative (GTRI).“Protecting domestic metcoke producers is valid, but stacking quotas and duties on a non-substitutable input risks over-correction and macroeconomic consequences,”…
India’s foreign exchange reserves rose sharply by $4.368 billion to $693.318 billion in the week ended December 19, data released by the Reserve Bank of India showed on Friday, PTI reported.The latest increase follows a rise of $1.689 billion in the previous week, taking the country’s overall forex buffer to its highest level in recent…
The Regional Rapid Transit System (RRTS) has the potential to fundamentally change urban mobility patterns while acting as a catalyst for decentralised economic growth along transit corridors, real estate consultant Knight Frank said in a new report, PTI reported.According to a Knight Frank India study released on Friday, titled ‘Regional Rapid Transit System: Testing the…
India’s exports of creative goods rose in the first seven months of FY26, driven by strong demand for fashion accessories, jewellery, carpets and toys, with the UAE emerging as the largest destination, according to an ET analysis.The exports of creative goods increased 7.3% year-on-year to $12.5 billion during April–October FY26, up from $11.7 billion in…
Foreign investors have sharply pared their exposure to Indian equities in 2025, pulling out close to Rs 2 lakh crore from six key sectors, in what has emerged as one of the harshest bouts of selling seen in recent years. The scale and concentration of the exits have intensified debate on whether the pressure will…
Gold price today: Precious metals continued their strong rally on Friday, with gold and silver scaling fresh record highs in both domestic and international markets, driven by firm global cues and sustained investor demand.On the Multi Commodity Exchange (MCX), gold crossed the Rs 1.39 lakh mark per 10 grams for the first time. Gold futures…
