Latest News, Updates & Breaking Headlines
The Goods and Services Tax (GST) Council’s decision to shift from four slabs to a simpler two-rate structure of 5 per cent and 18 per cent from September 22 is unlikely to weigh on government finances, ratings firm Crisil has said.In its latest report, Crisil noted that the government has estimated a short-term annualised revenue…
The Trump administration has been pushing European allies to accelerate their reduction of Russian fuel imports. (AI image) Looking to pressurise Russia, the European Union is now looking to hasten its phaseout of Russian liquefied natural gas imports. The new plan aims to stop imports of Russia’s LNG ahead of its original 2027 deadline, following…
Pete Hoekstra (Image/X@USAmbCanada) and Donald Trump (AP image) The US ambassador to Canada Pete Hoekstra has voiced frustration over what he sees as growing anti-American sentiment in the country, including from political leaders, following US President Donald Trump’s decision to impose tariffs on much of the world.Speaking at a Halifax Chamber of Commerce event on…
Unlike IPOs (where investors benefit from listing gains if shares are priced below their fair value), NFOs are not available at a “discount”. (AI image) The flood of NFOs is not abating. Some 25 new funds were launched in August, and the rush has continued in September. Four NFOs are open right now, and seven…
Srinivas Phatak (Image/Unilever official website) Consumer goods major Unilever has appointed India-born Srinivas Phatak as its Chief Financial Officer (CFO), the company on Tuesday. His appointment, effective immediately, comes a little over six months after he was given charge as Acting CFO.Phatak, 53, succeeds Fernando Fernandez, who earlier this year transitioned from CFO to CEO….
Adani Power Limited (APL) has established its position as India’s largest private coal-based independent power producer, with a portfolio of 18,150 MW across 12 plants in eight states, according to a Morgan Stanley research report.The company has successfully revived 4,370 MW of stressed assets and is integrating another 2,900 MW, consistently maintaining plant availability above…
The ministerial delegation, comprising over 70 representatives, aims to boost exports in sectors including textiles. (AI image) India and the UAE are looking to reach a figure of $100 billion trade in non-oil and non-precious metal segments – double from the levels right now. The plan has been outlined to achieve the target in the…
US President Donald Trump Donald Trump has again pushed his tariff strategy against China, saying Europe could end the Ukraine war if it imposed sanctions on Beijing. He asserted that China is “the biggest buyer of Russian oil by far.“In an interview with Fox News, when asked, “Did you tell UK PM Starmer that Europe…
Gold price today: The technical structure suggests adopting a buy-on-dips strategy near ₹1,09,000 with a stop-loss at ₹1,08,650, while aiming for an upside move toward ₹1,10,200. (AI image) Gold price prediction today: Gold prices exhibit improved technical momentum, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is his strategy for…
Market experts anticipate the upward trajectory to persist, with tariff-related developments influencing short-term market sentiment. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Friday. While Nifty50 was below 25,400, BSE Sensex was down almost 150 points. At 9:16 AM, Nifty50 was trading at 25,393.55, down…
