Economy

Mumbai:  Leading cryptocurrency Bitcoin hit a record high of $124,210 on Thursday over increasing expectations for more lenient monetary policy from the US Federal Reserve. The development, coupled with supportive financial reforms,…
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New Delhi: As August inflation print likely to top 2 per cent and be closer to 2.3 per cent, a rate cut by the Reserve Bank of India (RBI) in October looks difficult, SBI Research said on Wednesday, adding that even a rate cut in December…
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New Delhi: The Indian pharma sector, which supplies 80 per cent of the world's generic medicines, will not suffer any loss due to tariffs imposed by US President Donald Trump, the ICMR's former Director General, Dr N.K. Ganguly said. The…
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New Delhi:  Union Finance Minister Nirmala Sitharaman on Monday introduced a revised version of the Income Tax Bill, 2025, incorporating most of the recommendations made by the Parliamentary Select Committee headed by BJP leader Baijayant…
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New Delhi:  The Indian rupee opened stronger on Monday, amid additional 25 per cent tariff proposed by US President Donald Trump on India, which is set to take effect from August 27. The rupee likely inched up higher on optimism that the…
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New Delhi:  Union Finance Minister Nirmala Sitharaman was all set to introduce revised Income Tax Bill 2025 in the Lok Sabha on Monday. The updated Income Tax Bill 2025 incorporates 285 suggestions from the Parliamentary Select…
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Mumbai: Indian benchmark indices began the week higher on Monday, led by gains in the PSU bank stocks. The BSE Sensex advanced 122 points or 0.15 per cent to 79,980 while the Nifty 50 inched up to 24,405, up 42 points or 0.17 per cent. The…
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New Delhi: Elon Musk-run electric car-maker Tesla was all set to enter the national capital on Monday with opening its second showroom in India. The US automaker was set to inaugurate its showroom in the upscale Worldmark 3 complex at…
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New Delhi: The reciprocal tariffs imposed by US President Donald Trump are a "slow burn" for Wall Street, as they rarely trigger an immediate crisis - but over time, they warp markets, squeeze consumers, and invite retaliation, according to…
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New Delhi:  Former G20 Sherpa Amitabh Kant on Saturday urged the need to strengthen the country’s tourism sector to earn big on exports, as well as tackle tariffs, imposed by US President Donald Trump. His remarks came amid concerns over…
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