Urban India likely to account for 70% of GDP in FY26

Dun & Bradstreet report finds balance shifting from metros to emerging cities. Photograph: Hemanshi Kamani/Reuters Key Points India is undergoing rapid urbanisation Among metropolitan cities, Ahmedabad ranked first in terms of growth, followed by Bengaluru and Delhi. Major emerging cities

Trump’s tariffs junked: What it means for Indian companies

The Trump administration on April 2, 2025, announced these duties on about 60 nations, including India. It was aimed at providing a level playing field to US exporters. Illustration: Dado Ruvic/Reuters Key Points Normally, companies pass on these taxes to

India among countries to get 10% rate for 150 days

President Donald Trump has imposed a 10% ad valorem duty on all goods entering the United States for a period of 150 days. For India, goods that were earlier subject to a 25% reciprocal tariff will now face a 10%

Can the US-Iran war buzz fuel gold price to a new peak after the US Supreme Court decision on Trump’s tariffs?

Gold rate today: On account of safe-haven demand amid uncertainty from the US-Iran war buzz and the US Supreme Court’s decision on Trump’s tariffs, gold prices are expected to remain on an uptrend. The MCX gold rate finished marginally higher

AGI Dream ‘Meaningless’: Godfather Of AI

‘We could well be in a world where AI already has these dangerous capabilities and that is why there is a need for careful scientific evaluation to determine the risk and capabilities of these machines.’ Kindly note that this illustration

India’s forex kitty jumps $8.66 bn to record $725.72 bn

The previous all-time high of $723.77 billion was touched in January. Illustration: Dado Ruvic/Reuters Key Points The overall forex reserves dropped $6.71 billion Value of the gold reserves surged by $4.99 billion India’s reserve position with the IMF was also

Auto Buy Tata Motors delivers a knock-out Punch.ev

With its Battery-as-a-Service (BaaS) model Tata Motors just redrew the EV battle lines, says Rajesh Karkera/Rediff.com Since the first Punch.ev hit our roads in early 2024, it has been a game-changer for first-time EV buyers. But on Froday, Tata Motors

AI scare triggers worst FPI fortnightly exit from IT stocks since July 2025

This fear has led to valuation derating, with price-to-earnings multiples compressing as analysts lowered both near-term earnings growth estimates and long-term terminal growth assumptions in their discounted cash flow models. Illustration: Dado Ruvic/Reuters Key Points FPIs sold IT stocks worth

RPP Infra jumps 7% after ₹206 crore Chennai Global Sports City order

Shares of RPP Infra Projects Ltd rose over 7% during the day after the company informed exchanges that it had received a new work order worth ₹205.89 crore from the Sports Development Authority of Tamil Nadu for the development of

Rupee posts steepest weekly fall in a month, ends near 91 per US dollar

The Indian rupee slipped on Friday to post its steepest weekly fall in a month as likely portfolio outflows and lingering geopolitical tensions weighed on the currency, pushing it close to the 91-per-dollar mark. The rupee closed at 90.9825 per