US tariffs on China, Mexico, Canada to help Indian exporters

Imposition of high tariffs on China, Mexico, and Canada by the US is expected to help Indian exporters in increasing their shipments to the American market, experts say. Photograph: Aly Song/Reuters They added that sectors which can be benefited include

Sensex falls below 73K on relentless FII selling

Falling for the third straight day, benchmark BSE Sensex declined by 96 points to close below the 73,000 mark on Tuesday amid global equity rout on tariff war worries and persistent foreign fund outflows. Photograph: PTI Photo from the Rediff

Grasim begins production at Mahad paints plant in Maharashtra

Aditya Birla Group’s flagship Grasim Industries Ltd on Tuesday (March 4) said it has commenced commercial production at its Birla Opus Paints plant in Mahad, Maharashtra, effective today, March 4. The facility has an installed capacity of 180 million litres

Bharat Value fund invests ₹130 crore in Veira Electronics in pre-IPO round

Consumer electronics products manufacturer Veira Electronics raised ₹130 crore from Bharat Value Fund, marking a closure of its pre-IPO placement round, the company said on Tuesday, March 3, in a press release. The company, with a diverse portfolio of LED

HC stays FIR against ex Sebi chief Buch

The Bombay high court on Tuesday stayed for four weeks a special court’s order directing FIR against ex-Sebi chairperson Madhabi Puri Buch and five other officials for alleged stock market fraud and regulatory violations, noting the order was passed mechanically.

Investors poorer by Rs 9 lakh cr as markets tank

Investors’ wealth tumbled by Rs 9 lakh crore on Friday, in tandem with a sharp decline in the domestic equity market, where the benchmark Sensex plunged 1,414 points following a bearish trend in global equities. Photograph: PTI Photo from the

PSU stocks erase ₹25 lakh crore in investor wealth over the last seven months

A 32% correction in the Nifty PSE Index since August last year has erased ₹25 lakh crore of investor wealth, highlighting that the recent selloff in the Indian market has spared no Dalal Street favourites. Over the same period, the

Bitcoin set for biggest weekly fall since FTX collapse in 2022

By Rae Wee and Brigid Riley SINGAPORE (Reuters) – Bitcoin hit its lowest since November and was set for its biggest weekly fall in over two years, swept up in a sell-off in tech stocks at a time when a

EPFO retains 8.25% interest rate for 2024-25

Retirement fund body EPFO on Friday retained an interest rate of 8.25 per cent on employees’ provident fund (EPF) deposits for 2024-25, sources said. In February 2024, the Employees’ Provident Fund Organisation (EPFO) had increased the interest rate on EPF

Finance Secretary TK Pandey is new Sebi chairman

The Union government on Thursday appointed Finance Secretary Tuhin Kanta Pandey as the 11th chairman of the capital market regulator, Securities and Exchange Board of India (SEBI). IMAGE: Tuhin Kanta Pandey. Photograph: ANI Photo The Odisha-cadre Indian Administrative Service (IAS)