The government is working on final guidelines for its electric vehicle (EV) manufacturing incentive scheme, and it may allow foreign carmakers like Tesla to test the market before committing to local production, The Economic Times […]
The impact of US tariff reciprocity on Indian exports is expected to be minimal, despite concerns over trade restrictions, according to a report by State Bank of India. The report highlighted that even if the […]
Inflation picked up in China last month, official figures showed Sunday, as the Lunar New Year holiday boosted January spending. China has struggled to raise consumption and stave off deflation for months as sluggish spending, […]
US consumer prices increased more than expected in January, reinforcing the Federal Reserve’s message that it was in no rush to resume cutting interest rates amid growing uncertainty over the economy. The consumer price index […]
The retail inflation in January fell to a five-month low of 4.31 per cent, mainly due to a decline in the prices of vegetables, eggs, cereals and pulses. Measured by the Consumer Price Index, the […]
The Index of Industrial Production (IIP) grew 3.2 per cent in December which was 5.2 per cent the month prior, quick estimates released by the statistics ministry showed Wednesday, Feb 12. The growth rates of […]
Shantanu Naidu, known for his special bond with late industrialist Ratan Tata, was promoted to General Manager, Head of Strategic Initiatives, at Tata Motors after spending more than six years at Tata Sons. Naidu, 32, […]
The Budget signals slowing fiscal consolidation as focus shifts to reinforcing growth, global ratings agency Moody’s Ratings said on Tuesday but it expects that govt is within reach of its near-term deficit target of 4.5% […]
Capital markets regulator SEBI facilitated the participation of retail investors in algorithmic trading (algo trading), which provides advantages of faster order execution and improved liquidity. At present, only institutional investors are allowed to put in […]
India was the fourth-largest beneficiary of the trade diversion following the US-China trade war initiated by US President Donald Trump during his first term, and domestic exporters could experience a similar boom as a fresh […]
The dollar dropped to a one-month low after President Donald Trump appeared to soften his approach toward tariffs on China. Stock futures fluctuated after the S&P 500 scaled a fresh peak. The president said in […]
India’s forex reserves dropped by USD 1.88 billion to USD 623.983 billion in the week ended January 17, the RBI said on Frida, January 24. Earlier, the overall kitty declined by USD 8.714 billion to […]
As the unveiling of Budget 2025 approaches, the country’s electric vehicle (EV) sector is hopeful for measures and initiatives to make EVs more affordable and accessible to consumers. Industry leaders and experts anticipate that this […]
Shares in Asia followed Wall Street higher on Thursday, January 16, as easing US core inflation kept alive the prospect of Federal Reserve rate cuts this year. Benchmarks in Australia, Japan and South Korea all […]
Hindenburg Research, a US investment research firm known for short-selling, and whose reports resulted in wiping out billions of dollars of Indian billionaire Gautam Adani and his companies, has been shut down, its founder Nate […]
India’s fiscal conditions will continue to constrain its credit strength in 2025, although tension in US-China relations could benefit the Indian economy, Moody’s Ratings said on Wednesday, January 15. In its report on Asia Pacific […]
The Indian economy is expected to grow at 6.4% in 2024-25, a significant loss of momentum when compared to the 8.2% growth in 2023-24. Driven by a slowdown in investment, this is the lowest this […]
Microsoft will invest $3 billion (about Rs 25,700 crore) to expand its cloud computing and artificial intelligence (AI) capabilities in India, its Chief Executive Officer (CEO) Satya Nadella has said. The tech giant will also […]
In the next five years, artificial intelligence (AI), big data and security management specialists will be the fastest-growing jobs, showed the World Economic Forum’s (WEF) Future of Jobs Report 2025. The report, released days before […]
Tesla reported its first fall in yearly deliveries on Thursday as lucrative year-end incentives for the Elon Musk-led EV maker’s aging line up and the new Cybertruck pickup failed to lure customers wary of high […]
Bitcoin’s record rally fizzled out towards the end of 2024, dropping for the first time since August of that year, Bloomberg reported. The cryptocurrency’s price dropped 0.55% or by $513.65, reaching $93,200.38, according to Bloomberg […]
Major US benchmarks extended a selloff for a fifth day, shaving more than a trillion dollars from share prices. A pair of deadly attacks compounded market angst, starting the first trading day of the year […]
New York (TIP)- Oil prices were little changed on Friday, December 27, but were set for a weekly rise amid optimism economic stimulus efforts will prompt a recovery in China, the world’s biggest oil importer. […]
New York (TIP)- Major banks and business groups sued the Federal Reserve on Tuesday, alleging the U.S. central bank’s annual “stress tests” of Wall Street firms violate the law. The lawsuit filed in U.S. District […]
Exporters on Thursday, December 26, sought a fund of Rs 750 crore for three years to tap $25 billion export potential in the US, aiming to seize potential opportunities that may arise as the US […]
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