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New Delhi: India needs an industrial policy that rewards productivity and performance and does not act as a permanent shelter from competition, chief economic adviser V Anantha Nageswaran said on Wednesday. “If protection is provided, it must come with quid pro quo obligations on the part of industry,” Nageswaran said at a CareEdge ratings event,…
Gold has surpassed the crucial psychological mark of $4,000, signaling strong bullish momentum. (AI image) Gold and silver price prediction today: Gold and silver prices are exhibiting bullish momentum, reaching new highs, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. He shares his views on gold and silver: MCX Gold Price…
Asian markets were mixed on Thursday as investors tried to assess the global AI-driven rally, US interest rate moves, and the continuing government shutdown in Washington.Japan’s Nikkei gained 1.29% or 614 points trading at 48,349, while HSI dipped 9 points or 0.03% to reach 26,820 at 9:30 AM IST. In India, NSE benchmark Nifty traded…
According to analysts, markets are expected to trade within a range. (AI image) Stock market today: Indian equity benchmark indices, Nifty50 and BSE Sensex, opened in green on Thursday. While Nifty50 was above 25,050, BSE Sensex was just below 81,800. At 9:16 AM, Nifty50 was trading at 25,059.40, up 13 points or 0.053%. BSE Sensex…
File photo: Sebi chairman Tuhin Kanta Pandey (Picture credit: PTI) MUMBAI: New vectors of risk are emerging in India’s securities market as capital market participants increasingly rely on third-party service providers and cloud-based platforms, Tuhin Kanta Pandey, chairman of Sebi, said at the Global Fintech Fest 2025 on Wednesday. “Sometimes these risks extend beyond traditional…
File photo: RBI Governor Sanjay Malhotra MUMBAI: RBI governor Sanjay Malhotra on Wednesday announced the creation of a Unified Market Interface, a new market infrastructure conceptualised by the central bank that will enable instant buying, selling, and trading of financial assets as digital tokens settled through the central bank’s digital currency.“Early efforts and results from…
PM Modi with communications minister Jyotiraditya Scindia, his deputy Chandra Sekhar Pemmasani, chairman of Reliance Jio Infocomm Akash Ambani, and Bharti Group chairman Sunil Bharti Mittal at the inauguration of the India Mobile Congress NEW DELHI: Prime Minister Narendra Modi on Wednesday made a pitch to boost investments in manufacturing in the country, saying, it…
Tata Motors’ shares fell 6.8% over the past four sessions to touch Rs 689.3 on the BSE on Wednesday, slipping below the Rs 700 mark as investors awaited the record date for the company’s upcoming demerger. The decline comes amid market anticipation of the separation of its commercial and passenger vehicle businesses, alongside the phased…
BENGALURU: Infosys chairman Nandan Nilekani said India’s “Finternet” initiative, which is a digital infrastructure framework that integrates tokenisation, AI, and regulated finance, is set to expand across 20 ecosystems in four continents and see live implementations by 2026.Speaking at the Global Fintech Fest (GFF) 2025 in Mumbai, Nilekani described Finternet as India’s vision to build…
RBI Governor Sanjay Malhotra (Photo-PTI) Reserve Bank of India Governor Sanjay Malhotra on Wednesday urged the country’s fast-growing fintech ecosystem to prioritise financial inclusion and build products for the underserved, instead of focusing only on the privileged segments that promise higher profits.Speaking at the Global Fintech Fest, Malhotra acknowledged that catering to affluent consumers can…
