‘Both initiatives are welcome moves and we would commit ourselves with focused attention aligned with the national priorities, and pursue our exploration initiatives.’ Photograph: Kind courtesy Oil India Ltd. The National Deepwater Mission will be a game changer for the
Commerce and Industry Minister Piyush Goyal on Tuesday expressed hope that India will conclude the proposed bilateral trade agreement (BTA) with the US by the fall or November this year. Photograph: Dado Ruvic/Reuters He said that “a little bit” of
Indian rupee slipping below the record 88 level against the US dollar will enhance price competitiveness of Indian products in global markets and help exporters diversify beyond the US market, say exporters. Photograph: Kind courtesy Rupixen/Pixabay However, import-dependent sectors such
Benchmark indices Sensex and Nifty reversed early gains to close lower on Tuesday dragged by last-hour profit-taking in banking and auto shares amid caution ahead of the GST Council meeting. Photograph: Shailesh Andrade/Reuters The 30-share BSE Sensex declined 206.61 points
Maruti Suzuki’s e-Vitara marks its high-stakes EV debut with strong export ambitions, lifting its stock even as analysts caution over pricing and fierce competition. IMAGE: The Maruti Suzuki e-Vitara. Photograph: Kind courtesy, Maruti Suzuki Maruti Suzuki India’s first all-electric sports utility
Uttar Pradesh’s leading export hubs are reeling under the impact of a steep 50 per cent tariff imposed by the US on Indian imports, with exporters warning of job losses, stalled orders and shrinking market access. Photograph: Cathal McNaughton/Reuters Industry
Several executives argue that UPI has the potential to grow tenfold, but warn that the absence of a monetisation model risks stagnating the real-time payments system, which has been recording all-time-high transaction volumes every year. Illustrations: Dominic Xavier/Rediff India’s
Benchmark BSE Sensex on Monday rebounded by nearly 555 points on value buying in IT, auto and banking shares after three straight days of losses and strong macro data. Illustration: Dominic Xavier/Rediff The 30-share Sensex jumped 554.84 points or 0.70
Challans worth Rs 10,298 crore were issued, but collections have been a weak 20 per cent. IMAGE: Traffic personnel sticks a Paytm QR code as Gurugram becomes the first city to ease the payment of challans through a digital transaction
Capital investment by the private sector is likely to rise 21.5 per cent to Rs 2.67 lakh crore in 2025-26 aided by robust macroeconomic fundamentals, and a 100-bps policy rate cut, according to an RBI article. Illustration: Uttam Ghosh Despite
