Business

Foreign investors withdrew Rs 34,993 crore (approximately $4 billion) from Indian equity markets in August, representing the most significant divestment in six months. This substantial withdrawal was influenced by US tariffs on Indian exports and high domestic valuations.The outflow was significantly higher than July’s figure of Rs 17,741 crore. Foreign Portfolio Investors’ (FPIs) total equity…

India mulls measures to protect exporters after US tariffs (AI image) The government is preparing measures to cushion industries and workers from the fallout of the United States’ steep tariff increase on exports, according to Economic Affairs Secretary Anuradha Thakur. “There are certain employment-heavy sectors which do have exposure to the US and to that…

Bank Holidays September 2025: For those looking to avail banking services on specific days in the upcoming month, it is important to note that several bank holidays could lead to extended weekends in some states. Planning ahead for your financial and branch-related work is advisable to avoid any inconvenience. All banks across India — both…

Eight of the top-10 highest valued companies saw their combined market value decrease by Rs 2,24,630.45 crore in the previous week, with Reliance Industries and HDFC Bank experiencing the largest declines, following the negative trend in equities.The BSE benchmark index declined by 1,497.2 points, or 1.84 per cent last week.Among the top-10 companies, eight firms…

India stops postal shipments to US (Representative AI image) India’s postal department has suspended all mail bookings to the United States, following new US governmental regulations that alter the protocol for incoming shipments.The official communication indicated that postal services, including letters, documents and gifts valued up to $100 destined for the US, will not be…

Donald Trump (File photo) President Donald Trump marked Labor Day weekend by spotlighting what the White House described as “nearly $10 trillion” in new investments aimed at American workers, part of what officials are calling a “Golden Age of Prosperity.” “President Trump believes that American workers are the heart and soul of our economy, which…

China’s industrial production showed a slight improvement in August but remained in contraction for the fifth consecutive month, as per official figures released on Sunday, while trade negotiations with the United States persist before a new November tariff implementation.The Purchasing Managers’ Index, a crucial industrial output indicator, reached 49.4, according to the National Bureau of…

Economic Affairs Secretary Anuradha Thakur on Saturday said the government remains on track to achieve its fiscal deficit target of 4.4 per cent of GDP for 2025-26, despite concerns triggered by the latest monthly numbers.The statement came as the Centre’s fiscal deficit touched 29.9 per cent of the full-year target by end-July, sharply higher than…

Union agriculture minister Shivraj Singh Chouhan on Saturday said some countries had earlier pressured India to open its agricultural market, but the nation stands tall today and engages on the global stage with confidence. Without naming the United States, he drew a contrast between India’s past dependence on imported wheat and its current record harvests.“Some…

Chief Economic Advisor (CEA) Anantha Nageswaran on Saturday said the government, along with various stakeholders, is working overtime to cushion India’s export sector from the impact of the 25% additional tariff imposed by the United States, which has raised the overall duty to 50%.Speaking virtually at an event organised by the Indian Chamber of Commerce,…