US stock indices opened slightly higher on Wednesday ahead of the Federal Reserve’s decision on interest rates later in the day. Investors are hoping for de-escalation in trade tensions with China. At the opening bell, the Dow Jones Industrial Average
The 31st meeting of the Goods and Services Tax (GST) Council, held in December 2018, deferred a decision to reduce the GST rate for cement from 28 per cent to 18 per cent. Kindly note the image has been published
Benchmark indices Sensex and Nifty ended lower in a range-bound trade on Tuesday due to profit booking, mainly in banking and oil shares, and investors staying on the sideline amid escalating tensions between India and Pakistan. Photograph: Arko Dutta/Reuters Snapping
India finalised a free trade agreement with the UK, its 16th so far as the country aimed at boosting bilateral trade and investments. Illustration: Uttam Ghosh/Rediff The other regions and countries with which India has signed such agreements include the
India and the UK on Tuesday sealed an ambitious free trade deal along with a double contribution convention with Prime Minister Narendra Modi saying that the landmark pacts will catalyse trade, investment, growth and job creation in both the economies.
Domestic technology company Cyient Ltd on Monday (May 5) said its US-based wholly owned subsidiary Cyient Inc. has received a penalty order of USD 26,779.74 from the U.S. Department of the Treasury’s Internal Revenue Service (IRS). “This is to inform
US stock indices opened lower on Tuesday, after President Donald Trump threatens pharma tariffs and amid subdued corporate earnings. At the opening bell, the Dow Jones Industrial Average fell 218.6 points, or 0.53%, to 41,000.19. The S&P 500 fell 44.5
Shriram Finance’s (SHFL’s) profit after tax (PAT) rose 10 per cent year-on-year (Y-o-Y) to Rs 2,140 crore in the fourth quarter of the financial year 2024-25 (Q4FY25). Photograph: Kind courtesy Shriram Finance/Instagram The FY25 PAT (excluding exceptional gain) grew 15
Equity benchmark indices Sensex and Nifty closed higher on Monday, supported by sustained foreign fund inflows and a sharp correction in global crude oil prices. Photograph: PTI Photo from the Rediff Archives The 30-share BSE benchmark climbed 294.85 points or
Early-bird results for the January-March 2025 quarter (Q4FY25) suggest a slowdown in earning growth for India Inc, despite a benign cost environment that has led to an improvement in margins. Illustration: Dominic Xavier/Rediff The combined net profit (adjusted for exceptional
