Six of ten most-valued companies saw their market capitalisation soar by Rs 63,478.46 crore last week, fueled by strong gains in Larsen & Toubro and State Bank of India. The broader market also moved modestly higher, with the 30-share BSE Sensex rising 187.95 points, or 0.22%, during the week. Among the top firms, Larsen &…
Prime Minister Narendra Modi is set to inaugurate the Meerut Metro and the Namo Bharat RRTS, on Sunday, during his visit to Shatabdi Nagar in Meerut, Uttar Pradesh, while also dedicating development works worth around Rs 12,930 crore to the city. Following the inauguration, the Prime Minister is set to take a metro ride to…
US Supreme Court’s recent striking down of President Donald Trump’s tariff framework could lift the policy outlook and influence the current climate of uncertainty. A recent report by SBI Research has suggested that countries may have to negotiate with a “counter-intuitive” approach in the interim phase, given that the final say on tariff matters rests…
The likelihood of a monetary policy rate hike remains low due to subdued core inflation, according to a report by ICICI Bank Global Markets. The Reserve Bank of India is expected to maintain a prolonged pause in its rate cycle into FY2026–27, with greater emphasis on injecting durable liquidity to ensure effective monetary policy transmission,…
Prime Minister Narendra Modi with Brazilian President Luiz Inacio Lula da Silva during a joint press meet Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva on Saturday set a target to raise bilateral trade to $20 billion within five years and signed key agreements in areas including rare earth minerals, digital…
Eighty-six countries and two international organisations have signed the AI Impact Summit declaration, signalling broad global support for shared principles on responsible and inclusive artificial intelligence, IT minister Ashwini Vaishnaw said on Saturday. The declaration was adopted at the conclusion of the India AI Impact Summit held in New Delhi, with signatories including the US,…
PM Modi and US President Donald Trump (File photo) NEW DELHI: The Congress on Saturday once again targeted Prime Minister Narendra Modi over the recently finalised interim trade agreement, earlier this month, between India and the United States, which took nearly a year to reach mutual consensus. The largest opposition party’s attack on PM Modi…
Asha Sharma (Photo credit- Microsoft) TOI Correspondent from Washington: In a sweeping reset during Xbox’s 25th anniversary year, Satya Nadella-led Microsoft has named Asha Sharma as CEO of Microsoft Gaming, pitching another Indian-American into a leadership position at a time of intense xenophobia in MAGA circles. Wisconsin-born Sharma, 43, succeeds Phil Spencer, the widely admired…
The reduction of US reciprocal tariffs on Indian goods from 25 per cent to 10 per cent is expected to significantly improve the competitiveness of labour-intensive sectors such as pharmaceuticals, electronics, engineering goods, textiles, and gems and jewellery in the American market, industry representatives said.The development follows a US Supreme Court ruling that struck down…
India is pushing to expand its preferential trade agreement with the Mercosur bloc as part of efforts to scale up trade and investment ties with Latin America, commerce and industry minister Piyush Goyal said on Saturday, signalling a broader reset in economic engagement with the region, PTI reported. Speaking at Ficci’s India-Brazil Business Forum, Goyal…
