Economy

Mumbai: Showcasing the resilience of the Indian investors, systematic investment plans (SIPs) saw a strong surge in the financial year 2024-25, with contributions reaching Rs 2,63,426 crore (April-February), according to data from the Association of Mutual Funds in India (AMFI) on Wednesday. This marks a significant jump of 32.23 per cent (sans March 2025 data)

New Delhi:  India’s inflation fell to 4.31 per cent in January from 5.22 per cent, approaching the RBI’s 4 per cent target after four months above 5 per cent and this trend reinforces the case for potential rate cuts, with the repo rate at 6.25 per cent, a new report showed on Saturday. The observed

New Delhi: Gautam Adani, the Chairman of the Adani Group, on Saturday said it was an honour to host nine inspiring women Ambassadors and High Commissioners to India. In a post on X social media platform, Gautam Adani further stated that their praise and advice for the local women were “truly uplifting”. “Our family was

Bengaluru: Women constitute 5.8 per cent (76) of the 1,314 board seats across 116 Indian unicorns, according to a report released on Saturday, highlighting the significant opportunity to improve gender diversity in the unicorn ecosystem in the country. In contrast, women occupied 18.3 per cent of board seats across India Inc in 2023, while the

Washington: US President Donald Trump has signed executive actions that delay for nearly one month tariffs on all products from Mexico and Canada that are covered by the USMCA free trade treaty, a significant walkback of the administration’s signature economic plan that has rattled markets, businesses and consumers. The executive actions follow a discussion Trump

Ottawa: Canadian Finance Minister Dominic LeBlanc has said that Canada will halt the second wave of tariffs on US goods until April 2. “The United States has agreed to suspend tariffs on CUSMA (Canada-US-Mexico Agreement)-compliant exports from Canada until April 2,” LeBlanc said on Thursday in his social media account shortly after US President Donald

Washington: The White House has said that US President Donald Trump is granting a one-month exemption to three major automakers from the newly imposed 25-per cent tariffs on Mexico and Canada. “We spoke with the big three auto dealers (makers), we are going to give a one-month exemption on any autos coming through USMCA. Reciprocal

Frankfurt: Germany’s logistics giant DHL Group announced on Thursday that it will cut 8,000 jobs at Post and Parcel Germany, a division dealing with post and parcels in Germany, as part of a broader cost-cutting initiative aimed at saving up to 1 billion euros (1.08 billion US dollars) in 2025. The layoffs are part of

New Delhi: As many as 30,161 Indian citizens have declared foreign assets exceeding Rs 29,000 crores and foreign income of Rs 1,089.88 crore for the Assessment Year (AY) 2024-25, following a special campaign launched by the Central Board of Direct Taxes (CBDT), official sources told IANS on Thursday. The Central Board of Direct Taxes (CBDT)

Mumbai: The Small Industries Development Bank of India (SIDBI) and The Federal Bank Limited (FBL) on Thursday announced that they have signed a Memorandum of Understanding (MoU) to provide financial support to micro, small, and medium enterprises (MSMEs). This partnership aims to strengthen the MSME ecosystem by offering various financial services, including project finance, machinery