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Stock markets are gearing up for one of their most cherished traditions, Muhurat Trading, on Tuesday, leaving many investors wondering whether the market is open today or closed for Diwali Laxmi Pujan. Muhurat trading 2025: Are stock markets closed today? This year, the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will remain closed…
The United States has turned to Australia in efforts to counter China’s influence over critical minerals. US President Donald Trump and Australian PM Anthony Albanese on Monday, signed a landmark $8.5 billion agreement as they met at the White House. The deal commits both nations to invest $1 billion each over six months in mining…
A month after US President Trump announced a jaw-dropping $100,000 price tag for certain visa applicants, the administration has finally spilled the details on how to pay up—and who might get a free pass. USCIS on Monday rolled out a payment portal and clarified that only applicants with a receipt showing the fee has been…
Apple is about to touch $4 trillion market valuation as the tech giant’s shares soared to lifetime highs on Monday. This lift came on the back of early sales of its new iPhone 17 series, which exceeded expectations in major markets.According to research firm Counterpoint, the latest iPhone 17 outsold the iPhone 16 series by…
MUMBAI: Growth for the Indian economy is projected to remain resilient amid global uncertainties and the outlook for inflation has been revised downwards, opening up policy space for further supporting growth, a report by RBI said.“The Indian economy displayed resilience amid broader global uncertainty and weak external demand,” said RBI’s state of the economy report…
MUMBAI: A century-old law is holding back India’s efforts to recover bad loans. Asset reconstruction companies (ARCs) say a provision in the Indian Registration Act of 1908, which requires them to register every loan transfer with state registrars, persists despite the creation of a centralised digital alternative more than a decade ago.Each time an ARC…
MUMBAI: In an anticipated move, trustees of Sir Dorabji Tata Trust (SDTT) and Sir Ratan Tata Trust (SRTT) approved reappointment of trustee and vice-chairman Venu Srinivasan for life on Monday, setting aside recent differences over governance issues.The decision follows reappointment of trustee and chairman Noel Tata in Jan 2025, with no limits on his tenure….
KOLKATA: A comparatively cool summer has helped the state-run discom, West Bengal State Electricity Distribution Company Ltd (WBSEDCL), save between Rs 600 crore and Rs 700 crore through the season this year compared to the past three years.According to an official, the discom saved Rs 150 crore-200 crore in power purchases, having bought 500-700MW on…
MUMBAI: The country’s largest and second-largest private banks, HDFC Bank and ICICI Bank, continued to be cautious in expanding their personal loan books in Q2, particularly in the unsecured segment.HDFC Bank’s retail loans rose 7.4% year-on-year and 2.2% quarter-on-quarter to Rs 15,55,400 crore, MD & CEO Sashidhar Jagdishan said in the earnings call. He emphasised…
MUMBAI: It has been a cracker of a Diwali for retailers this year as GST rate cuts has boosted consumption, enabling the middle class to add more items to their shopping bags this festive season. From lab-grown diamonds to casual wear and products to adorn their homes, both mass and premium segments of the market…
