Apex exporters body FIEO on Tuesday expressed serious concerns over high US tariffs on Indian goods and said that textiles and apparel manufacturers in Tirupur, Noida, and Surat have halted production amid worsening cost competitiveness due to these steep duties.
Equity benchmark index Sensex tumbled 849 points to slip below the 81,000 level on Tuesday due to widespread selling pressure after the US issued a draft notice over the implementation of an additional 25 per cent tariff on Indian products.
Brokerage firm Motilal Oswal on Tuesday, August 26, reiterated its recently upgraded “buy” recommendation on shares of Petronet LNG. The stock though, ended at a 52-week low. Motilal Oswal has a price target of ₹410 on Petronet LNG, which implies
The Indian stock market fell sharply in Tuesday’s session, with benchmark indices losing over 1% after U.S. President Donald Trump’s administration confirmed an additional 25% tariff on Indian imports, a penalty announced earlier this month by Washington for India’s continued
‘We have created massive infrastructure in the past six years.’ IMAGE: Goa Chief Minister Pramod Sawant addresses the Atal Asra Camp, an initiative to provide secure housing solutions for marginalised communities, offering support for home repairs, renovations, and new housing
The Income Tax department is working on simplified I-T forms and aims to notify new rules by December-end to give effect to the new I-T Act, which will come into force from April 1 next year, a senior tax official
Global travel tech firm OYO plans to file its Draft Red Herring Prospectus (DRHP) in November, eyeing a $7-8 billion valuation for its IPO, sources said. Photograph: Anushree Fadnavis/Reuters The company is expected to approach its board with the proposal
Fitch Ratings on Monday affirmed India’s sovereign rating at ‘BBB-‘, with a stable outlook, saying a strong record of delivering growth and improving fiscal credibility will drive improvements in structural metrics. Photograph: Anushree Fadnavis/Reuters “India’s ratings are supported by its
Sensex Today | Stock Market Highlights: The Sensex rose 329 points to close at 81,636 while the Nifty added 98 points, ending just shy of the 25,000 mark at 24,968, a level that continues to act as stiff resistance. The
Although the Indian stock market ended Monday’s session in the green, it retreated sharply from the day’s high as investors booked profits in select counters. The Nifty 50 closed with a gain of 0.39% at 24,967, while the S&P BSE
