‘Emerging as reliable partner of world’: Commerce minister Goyal during Israel visit; FTA talks move forward

[ad_1] NEW DELHI: Union commerce and industry minister Piyush Goyal’s recent three-day visit to Israel highlighted India’s growing role as a trusted and reliable partner on the global stage. Invited by Israel’s Minister of Economy and Industry, Nir Barkat, Goyal visited the country from November 20–22.“Today, India is emerging as a trusted friend and a…

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No January hikes? FMCG and auto firms stall routine price increases; act cautiously after recent GST cuts

[ad_1] Rising production costs are putting pressure on consumer goods makers, but many are choosing to delay price hikes amid fears that any upward revision could trigger government action following the latest GST reductions.Executives from major firms in categories such as soaps, biscuits, detergents, automobiles and consumer electronics said they plan to approach the government…

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Insurance restructuring push: Govt revisits merger plan for PSU general insurers; capital infusion, privatisation options back on table

[ad_1] The Finance Ministry is once again examining the merger of three state-owned general insurance companies—Oriental Insurance, National Insurance and United India Insurance—after an improvement in their financial condition, PTI reported citing sources. The move revives a proposal first announced in the 2018-19 Budget to consolidate the three entities into a single insurer to improve…

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‘First big step’: India-Israel partnership gets lift as Piyush Goyal pushes FTA talks; leaders stress tech and innovation ties

[ad_1] Piyush Goyal with Isaac Herzog, President of Israel (Photo-ANI) India and Israel moved a step closer towards expanding strategic and economic cooperation as Commerce and Industry Minister Piyush Goyal met Israeli President Isaac Herzog on Sunday and highlighted the launch of Free Trade Agreement (FTA) negotiations. The discussions focused on strengthening collaboration across trade,…

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Compliance reform: Sebi tweaks RPT rules to set turnover-linked thresholds; relaxes disclosures for small deals

[ad_1] Markets regulator Sebi has introduced a new turnover-linked framework to define what qualifies as a material related party transaction (RPT), shifting from a fixed cap-based approach in a bid to resolve ambiguities and streamline compliance under the Listing Obligations and Disclosure Requirements (LODR) norms.The regulator has also revised audit committee approval thresholds for RPTs…

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Tech spectrum tussle: US majors push Wi-Fi use for entire 6GHz band as Jio, Vi seek mobile allocation; Airtel, Qualcomm call for deferment

[ad_1] US technology giants Apple, Amazon, Cisco, Meta, HP and Intel have jointly opposed demands from Reliance Jio and Vodafone Idea to allocate spectrum in the 6GHz band for mobile services, instead urging that the entire band be reserved for Wi-Fi use, reported PTI.In a joint response to Trai’s consultation paper for the next round…

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Gold rate outlook: Prices seen range-bound as markets await US data; Fed signals, dollar strength to guide sentiment

[ad_1] Gold is likely to trade in a tight range in the near term as investors await key US economic indicators—including GDP and inflation data—and signals from the Federal Reserve’s December policy meeting that could define the direction of interest rates, analysts said, according to news agency PTI. They added that weekly US jobless claims,…

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Mining push: J&K to auction 7 limestone blocks for first time; Centre invokes MMDR route to fast-track rollout

[ad_1] For the first time, seven limestone blocks in Jammu & Kashmir will go under the hammer on Monday, marking the Union Territory’s first such auction under the ongoing mining reforms, PTI reported.The mines ministry said the auction signals “a shift toward transparency, competitiveness, and sustainable development in the mineral sector,” with the deposits spanning…

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Project oversight: AAI to roll out real-time project tracking; new online system to use CCTV, drone feeds

[ad_1] The Airports Authority of India (AAI) is set to launch an online monitoring system that will track airport development projects in real time, as the state-owned operator steps up oversight of ongoing capital works, PTI reported citing a senior official .The platform, which has been under development for around a year, will allow round-the-clock…

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Dalal Street top movers: Reliance, Airtel lead gains; 7 of top-10 firms add Rs 1.28 lakh crore in valuation

[ad_1] Seven of India’s top-10 most valued companies added Rs 1,28,281.52 crore in market capitalisation last week, with Reliance Industries and Bharti Airtel emerging as the biggest contributors, tracking gains in broader equities, PTI reported.The BSE benchmark rose 669.14 points, or 0.79 per cent, during the week. Reliance, Airtel top weekly gains The market valuation…

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