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MUMBAI: Thanks to sharp corrections in price of silver recently, the price of exchange traded funds (ETFs) units on the white metal on domestic bourses have started trading at substantial discounts to spot prices. ETF rates are now down about 15-25% from their respective peaks recorded last week.Consider this: Silver BEES ETF, one of the…
BENGALURU: Over one-third of employees at leading tech firms come from tier-3 colleges, according to a survey by Blind, the anonymous community app for verified professionals.The survey polled 1,602 Indian professionals between Sept 17 and 24. Colleges were classified into four tiers based on the National Institutional Ranking Framework (NIRF) 2025. Blind’s methodology defines tier-1…
MUMBAI: Geopolitical tensions pose a growing threat to cross-border payments, RBI said in its latest report on payments. The central bank warned that the global financial system’s dependence on centralised infrastructure and a few dominant settlement currencies makes it vulnerable to international conflict and sanctions.According to RBI, sanctions or restrictions on financial systems or currencies…
NEW DELHI: Commerce and industry minister Piyush Goyal on Thursday said talks between India and the US for the proposed trade agreement are progressing, and expressed hope that both sides would work towards a fair and equitable agreement in the near future. An Indian team, headed by commerce secretary Rajesh Agrawal, was in Washington last…
MUMBAI: Priya Nair, who took over as HUL’s MD & CEO on Aug 1, has her task cut out — driving volume-led growth at the FMCG company that has grappled with subdued demand environment and sluggish volumes over the past several quarters.Nair has taken charge from Rohit Jawa amid an improving broader macro-economic scenario —…
MUMBAI: Dalal Street witnessed extreme volatility on Thursday, thanks mainly to expectations about better trade relations separately with India and then China. As a result, in early trades the sensex rallied above the 85K mark on prospects of a trade deal between the US and India.The Street’s mood, however, soured after oil prices went up…
MUMBAI: India’s outward remittances for overseas education fell 24% year-on-year to about $0.32billion in Aug 2025 from $0.42billion in Aug 2024. The figure was the lowest for Aug since 2017, a month that typically sees higher remittances at the start of the academic season in US.“The 24% fall in education remittances highlights how closely India’s…
Changpeng Zhao, left, and US President Donald Trump US President Donald Trump on Thursday pardoned Binance founder Changpeng Zhao, who pleaded guilty of enabling money laundering while leading the cryptocurrency exchange.“President Trump exercised his constitutional authority by issuing a pardon for Mr Zhao, who was prosecuted by the Biden Administration in their war on cryptocurrency,”…
India’s processed potato exports surge 450% India’s processed potato products are making significant inroads into Southeast Asian markets, hugely driven by demand for snacks and convenience foods, according to a report by Global Trade Research Initiative (GTRI).Exports of dehydrates potato granules and pellets reached $63.3 million in FY2025, jumping from $11.4 million in FY2022. Other…
India Inc’s revenue grew by up to 6 per cent in the July-September quarter, according to a report released on Thursday by an arm of domestic rating agency Crisil, as it analysed the performance of 600 companies for the quarter.“Corporate revenue is expected to have grown a modest 5-6 per cent on-year in the July-September…
