Benchmark equity indices Sensex and Nifty closed lower on Wednesday in line with losses in global markets amid escalating trade tensions, even as the Reserve Bank cut policy rates for a second consecutive time as it sought to bolster the
The RBI on Wednesday slashed key interest rate by 25 basis points, for the second time in a row, to support a shuttering economy hit by reciprocal tariffs imposed by the US. Photograph: Danish Siddiqui/Reuters Following the rate cut, the
The resilience of the economy and strength of domestic demand will continue to make India an engine of growth amid the rapidly evolving global trade landscape as a result of US tariffs, Finance Minister Nirmala Sitharaman said in London on
The process of merging Haldiram’s Nagpur and Delhi branches to form Haldiram Snacks Food Private Ltd has been completed, informed its CEO Krishan Kumar Chutani on the social media platform LinkedIn. Photograph: M Sriram/Reuters “A new chapter begins in the
‘A repo cut will be very good for the market as it will mean that everything is being done to spur growth in these uncertain times.’ IMAGE: Reserve Bank of India Governor Sanjay Malhotra. Photograph: ANI Photo The first
Stock markets rebounded sharply in early trade on Tuesday after facing massive drubbing in the previous session, following a recovery in Asian peers and across the board buying. Photograph: ANI Photo Bouncing back from a maniac Monday that left investors
Gold prices tumbled by Rs 1,550 to Rs 91,450 per 10 grams in the national capital on Monday amid heavy selling by jewellers and stockists as well as weak global trend, according to the All India Sarafa Association. Photograph: Arnd
The government has set up an inter-ministerial group to monitor a possible surge in imports from countries like China, Vietnam and Thailand, fearing a surge in inbound shipments following the imposition of high reciprocal tariffs by the US on these
Automobile retail sales in India rose 6 per cent to 2,61,43,943 units in FY25 with rural areas performing better than urban regions across passenger vehicle and two-wheeler segments, dealers’ body FADA said on Monday. Photograph: Babu/Reuters The last financial year
Stock market benchmark indices went into a tailspin in early trade on Monday, with the Sensex and Nifty crashing over 5 per cent, mirroring a sharp fall in global equities, after US President Donald Trump’s tariff hikes and retaliation from
