Uttar Pradesh’s leading export hubs are reeling under the impact of a steep 50 per cent tariff imposed by the US on Indian imports, with exporters warning of job losses, stalled orders and shrinking market access. Photograph: Cathal McNaughton/Reuters Industry
Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording all-time-high transaction volumes every year. Illustrations: Dominic Xavier/Rediff India’s
Benchmark BSE Sensex on Monday rebounded by nearly 555 points on value buying in IT, auto and banking shares after three straight days of losses and strong macro data. Illustration: Dominic Xavier/Rediff The 30-share Sensex jumped 554.84 points or 0.70
The stock market rose on Monday, led by gains in auto and technology shares, as strong domestic flows supported sentiment in the absence of US cues with Wall Street shut for a holiday. The NSE Nifty 50 index climbed 198
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) FTSE 100 up 0.2%, FTSE 250 gains 0.1% UK defence stocks up as Norway picks Britain for frigate deal Kainos
Challans worth Rs 10,298 crore were issued, but collections have been a weak 20 per cent. IMAGE: Traffic personnel sticks a Paytm QR code as Gurugram becomes the first city to ease the payment of challans through a digital transaction
Capital investment by the private sector is likely to rise 21.5 per cent to Rs 2.67 lakh crore in 2025-26 aided by robust macroeconomic fundamentals, and a 100-bps policy rate cut, according to an RBI article. Illustration: Uttam Ghosh Despite
Non-banking financial company (NBFC) Tata Capital is set to launch its much-anticipated $2 billion (Rs 17,200 crore) initial public offering (IPO) in the week beginning September 22, market sources familiar with the matter said on Sunday. Illustration: Dominic Xavier/Rediff The
The Gems and Jewellery Export Promotion Council (GJEPC) has urged the Centre to provide immediate relief measures as the tariffs imposed by the United States have started hitting the industry. Image used for representation purpose only. Photograph: Niharika Kulkarni/Reuters US
Shibani Sircar Kurian of Kotak Mahindra Asset Management Company said India’s chemicals industry is well-positioned to gain global market share over the next decade, supported by capacity expansion and policy shifts in China. “India’s market share today in the overall
