Geo-economy alert: RBI warns of rising tariff era; says resilient trade ties vital for India’s global play

[ad_1] India’s efforts to strengthen its global trade ties, including the upcoming free trade agreement (FTA) with the UK, present a timely strategic opportunity amid rising global uncertainties, the Reserve Bank of India (RBI) has said. In its July bulletin released on Wednesday, the central bank noted that building resilient trade partnerships could help India…

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India-UK free trade pact: Tariff cuts, job access and market openings – Who gains what from the deal?

[ad_1] This is an AI-generated image, used for representational purposes only. India and the UK are set to sign a wide-ranging free trade agreement on Thursday during Prime Minister Narendra Modi’s London visit, unlocking major tariff cuts and service sector benefits after three years of negotiations. The pact promises gains for exporters, professionals and businesses…

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ED files Fema case against Myntra over Rs 1,654 crore FDI violation; disguised multi-brand retail as wholesale, company responds

[ad_1] NEW DELHI: The Enforcement Directorate (ED) has filed a complaint under the Foreign Exchange Management Act (Fema), 1999 against Myntra Designs Private Limited (Myntra), its related entities, and directors for alleged FDI violations worth Rs 1,654.35 crore, the agency announced Wednesday.The action was initiated by the ED’s Bengaluru Zonal Office based on credible inputs…

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Indian Railways ticketing rules: Emergency quota rules tightened; same-day requests barred

[ad_1] This is an Ai-generated image, used for representational purposes only. The Indian Railways has issued a new circular revising its emergency quota (EQ) guidelines, requiring all requests to be submitted at least a day before travel.The move, aimed at ensuring timely chart preparation and avoiding operational delays, follows recent changes in reservation chart timings…

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Russia oil trouble hits: Shipowners and oil traders avoiding Russia-backed Nayara Energy in India; impact after EU sanctions

[ad_1] Shipbrokers, vessel operators have become hesitant to engage with Nayara this week. (AI image) European Union’s latest round of sanctions on Russian oil have already begun to hit a refinery in India. Oil companies and vessel operators are distancing themselves from India’s Nayara Energy Ltd., following the European Union’s recent sanctions that specifically targeted…

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Paytm share price today: One 97 Communications stock up over 3%; fintech platform posts Rs 122 crore profit

[ad_1] The 28% year-on-year operational revenue growth was attributed to increased subscription-based merchants. Paytm share price today: One 97 Communications, Paytm’s parent firm, saw its stock price increase by 3.5% on Wednesday, reaching a new 52-week peak of Rs 1,090 on BSE. The share price rise comes on the back of the company achieving a…

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Nikkei leads Asian gains: Japan-US trade deal sparks optimism; tariff ease boosts investor sentiment

[ad_1] Representative image (TOI) Asian markets surged on Wednesday, led by the rally in Japanese shares, after US President Donald Trump announced a trade deal with Japan that eased tariffs and boosted investor sentiments.Japan’s Nikkei surged 2.6% on Wednesday, driven by a rally in automaker stocks after news that the auto tariff would be cut…

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Gold price prediction today: Where is gold rate headed in the near-term & will silver outperform the yellow metal? Here’s the outlook

[ad_1] Gold price prediction: Gold prices may see further consolidative moves trading in a tight range in near term. (AI image) Gold price prediction today: Gold prices will continue to be influenced by global economic outcomes in the shadow of US President Donald Trump’s looming August 1, 2025 reciprocal tariff deadline. What should gold and…

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