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%
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
‘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
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
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
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
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
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
‘This is a technology that will particularly benefit those who want to take agency over it’. Kindly note that this illustration generated using ChatGPT has only been posted for representational purposes. Key Points OpenAI has 100 million users in
The 16th Finance Commission has excluded SASCI transfers while estimating states’ fiscal deficits and has recommended capping the deficit at 3 per cent of gross state domestic product for individual states. Illustration: Dominic Xavier/Rediff Key Points Ind-Ra expects the revenue
