How US-based Jane Street siphoned Rs 36,000 cr from Indian markets

The strategy was straightforward – aggressively buy select Bank Nifty index stocks in the morning and sell them just as forcefully later in the day, triggering a sharp drop in share prices. Photograph: ANI Photo While this often resulted in

Will India’s WTO move affect trade deal talks with US?

India’s decision to reserve its rights to impose retaliatory duties on the US over imposition of tariffs on auto parts is a procedural move under the WTO agreement on safeguards and it will not affect ongoing negotiations on the proposed

Truck rentals, EV and tractor sales rise in June

Truck rentals saw a positive momentum across most key trunk routes due to an increased pre-kharif agricultural activity and a resilient manufacturing sector. Photograph: Francis Mascarenhas/Reuters The Kolkata–Guwahati–Kolkata corridor witnessed a month-on-month (M-o-M) rise of 2.4 per cent, while the

Tech: Govt, UPI To Set Up Real-Time Payment Tripwire

Google Pay, PhonePe, and Paytm may deliberately delay transactions, issue fraud alerts, and require an extra layer of user confirmation before processing any transactions that are likely to be classified as fraudulent. Kindly note the image has been posted only

At WTO, India proposes retaliatory duties against US over auto tariffs

India on Friday proposed imposing retaliatory duties under the WTO (World Trade Organisation) norms against the US over American tariffs on automobile sector in the name of safeguard measures. Kindly note the image has been posted only for representational purposes.

India’s forex reserves rise $4.84 bn to $702.78 bn

India’s forex reserves were up by $4.84 billion to $702.78 billion for the week ended June 27, the Reserve Bank of India said on Friday. Photograph: Dado Ruvic/Reuters In the previous reporting week, the foreign exchange reserves had dropped by

Bank stocks help Sensex gain 193 points at close

Benchmark indices Sensex and Nifty ended higher on Friday in a highly volatile trade amid buying in bank stocks and a rally in the US markets. Photograph: Shailesh Andrade/Reuters After oscillating between highs and lows in intra-day trade, the 30-share

‘Scope for a further rate cut in this cycle itself, if…’

‘India has the potential to grow at more than 7%, with the monetary policy providing a supportive hand.’ IMAGE: Reserve Bank of India (RBI) Governor Sanjay Malhotra delivers the Monetary Policy statement, in Mumbai. Photograph: ANI Photo Ram Singh, external

China’s mineral curbs a wake-up call for India: GTRI

China’s export curbs on critical minerals crucial for India’s electronics sectors are no longer mere warnings but a wake-up call for New Delhi, underscoring the need for urgent measures like reverse-engineering of low- to mid-tech imports to cut overreliance on

CII expects GDP to grow 6.4-6.7% in FY26

India’s economy is expected to grow 6.4-6.7 per cent during the current financial year driven by strong domestic demand, even as geopolitical uncertainty poses downside risks, the newly appointed CII president Rajiv Memani said on Thursday. Photograph: Anushree Fadnavis/Reuters Addressing