GST reforms could lower retail inflation by up to 35 basis points in 2025-26, with the impact already visible in recent months, according to a report by SBI Research.The report, cited by news agency ANI, estimated that Consumer Price Index (CPI) or retail inflation declined by around 25 basis points during the September–November 2025 period…
Jamie Dimon the CEO of America’s biggest banks JPMorgan and Chase has now warned that slow bureaucracy of Europe and the economic fragmentation are driving away businesses, investment, and innovation. This in turn is creating risks not only for the continent but also for the United States. As reported by Bloomberg, speaking at the Reagan…
GURGAON: A seven-year-old boy playing outside his house with his father was crushed to death by a car being driven by a teenager in Maruti Kunj on Friday evening.Witnesses recalled the sudden roar of a Maruti SX4 as it sped down the narrow lane and crashed into Yohan, a Class II student. The boy was…
India’s foreign exchange reserves fell for the third consecutive week, slipping by $2.699 billion to $687.034 billion for the week ended November 7, according to data released by the Reserve Bank of India (RBI) on Friday.The forex kitty had already declined by $5.623 billion in the previous week to $689.733 billion, extending what has become…
Foreign portfolio investors (FPIs) restarted selling Indian equities in November, pulling out a net Rs 12,569 crore amid weak global cues and a risk-averse environment. This follows a net inflow of Rs 14,610 crore in October, which had interrupted a series of outflows, Rs 23,885 crore in September, Rs 34,990 crore in August, and Rs…
After foreign institutional investor (FII) outflows worth nearly Rs 2 lakh crore year-to-date, equities are showing early signs of recovery, according to Elara Capital. The brokerage attributes this turnaround to India’s resilient macroeconomic backdrop within emerging markets (EMs), alongside moderating valuations and stabilising earnings revisions.“With valuation premiums cooling and earnings outlook steadying, conditions now favour…
Representative image (AI) Gold prices are on a remarkable upward trajectory, with international markets potentially seeing levels reach $4,500 per ounce, according to a report by Motilal Oswal Financial Services Ltd (MOFSL). The rally is supported by continued central bank purchases, geopolitical uncertainties, and strong demand from Asia. In 2025, gold has already surged over…
Tesla owner Elon Musk has set a new record, becoming the first person ever to build a fortune of almost $500 billion. The surge comes on the back of a rebound in Tesla’s stock and soaring valuations of his other ventures, including SpaceX and xAI.Forbes’ billionaires index put Musk’s net worth at $500.1 billion as…
India is fast becoming the top choice for Asia-Pacific (APAC) third-party logistics (3PL) firms looking to expand, with nearly 70 per cent of occupiers planning to increase their footprint in the country over the next two years, a CBRE report revealed.3PL providers handle end-to-end logistics operations for clients, enabling businesses to focus on core activities…
Rupee depreciated by 7 paise to 88.80 against the US dollar in early trade on Wednesday, hovering near its all-time low amid US tariff concerns, H-1B visa fee hikes, and persistent foreign fund outflows.At the interbank foreign exchange, the rupee opened at 88.80 and touched 88.71 in initial trades. On Tuesday, it had fallen 45…