EconomyStock market opens high as Trump indicates ‘wonderful trade deals’ for India, US
Mumbai: The Indian benchmark indices opened higher on Friday as Prime Minister Narendra Modi and US President Donald Trump announced plans to cement “some wonderful trade deals” for India and the US. The Sensex was trading 279.95 points or 0.37 per cent up at 76,418.92 while the Nifty climbed 84 points or 0.36 per cent
EconomyPM Modi’s ‘MAGA, MIGA’ equation for India-US ‘MEGA’ ties
Washington: Prime Minister Narendra Modi has said that India and the US have a ‘MEGA’ partnership for prosperity. During a joint briefing with President Donald Trump on Thursday, PM Modi linked India’s Viksit Bharat vision, which he said translates into ‘Make India Great Again (MIGA)’ with Trump’s ‘Make America Great Again (MAGA)’ slogan. PM Modi
EconomyTrump launches attack on BRICS; threatens 100 pc tariff if it launched currency
New York: US President Donald Trump has launched a scathing attack on BRICS, saying it would be “dead” if it launched a rival currency, even though the proposal has been shot down by India. If BRICS wants “to play games with the dollar, then they’re going to be hit with a 100 per cent tariff
EconomyTrump unveils plan for ‘fair, reciprocal’ tariffs, but does not immediately impose any
New York: President Donald Trump has unveiled a plan to impose “fair and reciprocal” tariffs on all countries, accusing them of charging higher tariffs compared to what the US charges, but did not immediately impose tariffs. Trump did not set the new tariffs, but only issued a memorandum on Thursday asking his nominees, Howard Lutnick
EconomyIndia, US bilateral trade focuses on high-growth sectors like chips, electronics
New Delhi: Despite ongoing challenges, such as tariffs and protectionist policies, India and the US have set an ambitious goal of achieving $500 billion in bilateral trade, with a focus on high-growth sectors like semiconductors, electronics, and critical technologies, industry experts said on Friday. The India-US bilateral engagement, following Prime Minister Narendra Modi’s meeting with
EconomyWPI inflation slows to 2.31 per cent in Jan as food prices ease
New Delhi: The country’s annual rate of inflation based on the all-India Wholesale Price Index (WPI) slowed to 2.31 per cent in January this year compared to 2.37 per cent for the previous month of December, according to data released by the Commerce and Industry Ministry on Friday. The month-over-month change in WPI for January
EconomyPaytm Money pays Rs 45.5 lakh fine to SEBI over regulatory lapses
Mumbai: The Securities and Exchange Board of India (SEBI) on Thursday passed a settlement order against Paytm Money after the company paid Rs 45.5 lakh to resolve allegations of regulatory violations. The settlement order allows the financial services firm to avoid further legal proceedings related to the issue. The case originated from a show-cause notice
EconomyHiring in India grows 9 pc in last 3 months, green jobs surge: Report
Bengaluru: India’s job market is experiencing robust growth, with white-collar hiring surging 9 per cent in the last three months, according to a report on Thursday. The report by foundit (formerly Monster APAC & ME), a jobs and talent platform, showed that green jobs — those that contribute to preserve or restore the environment —
EconomyPrivate investments’ deal activity hits $60 billion across 1,595 deals in India
Mumbai: India’s private investments’ deal activity scaled to new heights last year with $60 billion invested across 1,595 deals, according to a report on Thursday. Sustained growth stage investments momentum at $10 billion with record high volume, adding 150+ growth deals since 2023. The share of growth-focused fundraising has increased to highest 5-year share of
EconomyBoeing supply chain in India exporting Rs 10,000 cr worth plane parts every year
Bengaluru: Boeing’s supply chain in India is exporting an impressive Rs 10,000 crore worth of aerospace components every year, making the US plane maker the largest foreign manufacturer in the country, Boeing India President Salil Gupte has said. He dismissed the idea that high-tech aviation manufacturing was not happening in India. “That may have been
