[ad_1] The government said global and domestic companies have signed agreements to invest around Rs 1.02 lakh crore in India’s food processing sector during the four-day World Food India 2025 summit held at Bharat Mandapam in the national capital from September 25 to 28.The Ministry of Food Processing Industries said 26 companies, including Reliance Consumer…
[ad_1] The combined market valuation of India’s top-10 most valued companies shrank by Rs 2,99,661.36 crore last week, mirroring a bearish trend in equities, with IT bellwether Tata Consultancy Services (TCS) bearing the brunt.The BSE benchmark tanked 2,199.77 points or 2.66 per cent during the week, as investor sentiment was rattled by a series of…
[ad_1] Indian equities are set for a data-heavy, holiday-shortened week in which the Reserve Bank of India’s policy decision, tariff-related developments and global cues will steer market sentiment, analysts said. Trading will remain shut on Thursday for Dussehra and Gandhi Jayanti.Alongside the RBI’s October 1 rate decision, investors will track key macro data such as…
[ad_1] A SBI research report has pitched for a 25 basis points (bps) cut in the repo rate, calling it the “best possible option” for the Reserve Bank of India (RBI), even as several experts believe the central bank’s Monetary Policy Committee (MPC) may once again choose to hold rates steady in its upcoming policy…
[ad_1] Gold rate outlook: Gold and silver prices are likely to extend their rally this week, though late profit-taking could cap gains amid key global economic releases, analysts said.Traders will watch out for PMI data, US non-farm payrolls, employment numbers, consumer confidence, and speeches by Federal Reserve officials for direction, PTI reported.“… we expect the…
[ad_1] A wide range of UN sanctions on Iran’s nuclear program, previously lifted under the 2015 nuclear deal, were reimposed late Saturday after Britain, France, and Germany triggered the agreement’s “snapback” mechanism, accusing Tehran of failing to meet its commitments.The sanctions, which directly target Iran’s nuclear and ballistic missile programs, come at a tense moment…
[ad_1] Donald Trump’s commerce secretary, Howard Lutnick, on Sunday said India must “react correctly” to the United States, adding that “we need to fix a bunch of countries,” amid the ongoing trade tensions demanding an end to policies “harming” American interests.In an interview with News Nation, Lutnick stated that India must open its markets and…
[ad_1] India is aiming for a “Maruti moment” in shipbuilding, seeking to replicate the success of Maruti Suzuki’s 1980s automobile revolution. The government announced a Rs 70,000-crore ($8 billion) package to revitalize domestic shipyards, boost India’s maritime ecosystem, and reduce the country’s heavy reliance on foreign vessels, which currently handle about 95% of its import-export…
[ad_1] Donald Trump’s new Gold Card programme, offering a fast-track route to US residency, has sparked growing interest among Indians chasing the American dream, particularly after his administration hiked H-1B visa fees to $100,000.The Gold Card, signed into effect through an executive order on September 19, requires a non-refundable $1 million “gift” to the US…
[ad_1] The UK government has announced a loan guarantee of up to £1.5 billion ($2 billion) to support Jaguar Land Rover (JLR) after a major cyberattack forced the carmaker to suspend production at its UK factories, the trade minister said on Sunday.JLR, the Tata Motors-owned luxury automaker, said earlier this month it was hit by…