NEW DELHI: Cairo will soon have a Taj hotel with an existing property there going to be run by the Tata Group company. The Indian Hotels Company Limited (IHCL, Taj parent) Monday signed a 300-key Taj Cairo. This will be the second Taj property in Africa, after a hotel in Cape Town. Among Indian hospitality…
Your job is not to constantly fiddle with the portfolio, but to give your chosen businesses enough time and space to prove themselves. (AI image) The biggest rewards in equities come to those who endure the dull years and survive the scary ones.One of the most common questions we get is, “How long should I…
The trade deal aims to expand cooperation in services, mobility, goods, investment and trade facilitation. (AI image) India-New Zealand trade deal: Prime Minister Narendra Modi and his New Zealand counterpart Christopher Luxon on Monday had a telephonic conversation and announced finalising the India-New Zealand Free Trade Agreement (FTA). Both leaders stressed that this FTA would…
India and New Zealand struck a free trade agreement (FTA) on Monday, marking the end of negotiations that began back in March this year. The agreement was unveiled after a telephone conversation between PM Modi and New Zealand’s PM, Christopher Luxon. During the call, the two leaders described the India–New Zealand Free Trade Agreement as…
Domestic stock market fund raising remains strong in FY26; 83 companies raise Rs 1.3 lakh crore till Nov: NSE report Fund mobilisation in the domestic stock market remained strong in the current financial year, with 83 companies raising Rs 1.3 lakh crore as of November in FY26, according to a report released by the National…
Rupee strengthened in early trade on Monday, rising 22 paise to 89.45 against the US dollar, extending its recovery after hitting record lows in recent weeks.Earlier this month, rupee slid to a series of lifetime lows, even weakening beyond the 91-per-US-dollar mark. The currency, however, later healed in recovery attributed to likely intervention by the…
Asian stocks began the week on a positive note, following Wall Street’s gains on Monday, as tech stocks drove investor’s sentiments and currency markets grappled with volitality, with Japan’s yen sliding to record lows.In Japan, Nikkei added 973 points or 1.97% to reach 50,480 at 8:40 AM IST. South Korea’s Kospi also inched 1.88% to…
Gold prices on Monday hit record high on expectations of more interest rate cuts by the US Fed and the yellow metal’s status as the steady safe-haven amid weak dollar.Spot gold surged to $4,383.73 after fresh US economic data signalled continued weakness in the labour market, while easing inflation strengthened expectations of further monetary easing…
CII president Rajiv Memani, who is chairman and CEO EY India, describes 2025 a year of reforms and calls for the momentum to continue. In an interview with TOI he flags power, mining, ease of doing business and judicial reforms as focus areas. Excerpts:There have been a series of reforms this year, starting with the…
MUMBAI: A new report warns that proposed changes to housing data collection risk overcorrecting an implementation problem rather than fixing a design flaw. Critiquing the govt’s plan to shift to monthly rent surveys, the authors say the move amounts to “throwing the baby out with the bathwater,” based on a flawed diagnosis and an unnecessarily…
