PM Modi to launch 4G ‘network stack’ on Saturday (File photo) NEW DELHI: Prime Minister Narendra Modi will launch BSNL’s Swadeshi 4G ‘network stack’ on September 27, making India one of the few countries that manufacture their own telecom equipment, alongside Denmark, Sweden, South Korea, and China.This launch is a major milestone for India’s telecom…
India is poised for a significant boost in consumer spending as GST rate reductions come into effect from Navratri, alongside income tax relief and lower interest rates from the RBI.Analysts are calling this a “Lollapalooza effect”, a rare policy combination expected to create a multiplier impact across consumption-linked sectors, influence spending habits, and generate opportunities…
A delegation headed by Piyush Goyal conducted an official visit to the US from September 22-24, 2025. (AI image) India-US trade deal talks: India and the US have decided to continue working towards an early conclusion to the trade agreement, according to a statement by the Ministry of Commerce & Industry.Sharing an update on Commerce…
India is on track to finalise a $1 billion deal with US aerospace firm General Electric (GE) for 113 F404-IN20 fighter jet engines, as negotiations between the two countries continue.The engines will power India’s indigenous LCA Tejas Mk1A, supporting the government’s Atmanirbhar Bharat defence initiative.Dr DK Sunil, HAL chairman and managing director, told ANI, “We…
Indian Railways has revised its standard conditions of contract for tenders, introducing localisation and price variation clauses while emphasizing maintenance during contract execution, officials said. The changes aim to make procurement more flexible and reduce litigation.“Contractors can replace faulty or rejected goods within 60 days of being informed of defects. They had just 21 days…
Gold’s intraday structure favors a sell-on-rise strategy as the EMA crossover, MACD positioning, and Bollinger resistance suggest limited upside. (AI image) Gold price prediction today: In today’s technical set-up gold prices signal a sell on rise strategy, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities. Here is his strategy for gold…
Several prominent Indian pharmaceutical firms, including Sun Pharma, Dr. Reddy’s Laboratories, Cipla, Lupin, Aurobindo Pharma, and Zydus Lifesciences, maintain substantial export operations to the USA. (AI image) Pharma stocks hit by Trump’s tariffs: Pharmaceutical stocks declined sharply by up to 5% on Friday, September 26, following US President Donald Trump’s declaration of imposing 100% tariffs…
Market experts anticipate continued pressure due to global factors, economic data releases and ongoing India-US trade negotiations. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Friday on the back of weak global cues. While Nifty50 was just above 24,800, BSE Sensex was down almost 200…
Kotak Institutional Equities have a sell recommendation on Cochin Shipyard with the target price at Rs 860. Analysts said that the government has announced a Rs 70,000 crore package to boost domestic shipbuilding through capital support, legal reforms, and demand aggregation from oil & gas public sector units. This, coupled with CSL’s MoU with HD…
NEW DELHI: A new study has estimated India’s logistics cost at 8% of GDP, with smaller firms having a higher burden.In 2023-24, for entities with turnover of up to Rs 5 crore, the cost added up to 16% of their output while it was pegged at 7.6% in the case of companies with turnover of…
