Economy

Mumbai: The domestic benchmark indices opened lower on Tuesday, as US President Donald Trump formally announced plans to impose 25 per cent tariffs on all steel and aluminium imports coming into the United States “without exceptions or exemptions”. At around 9.32 am, the Sensex was down 172.29 points or 0.22 per cent at 77,138.51 and

Washington: US President Donald Trump has announced plans to impose 25 per cent tariffs on all steel and aluminum imports coming into the United States “without exceptions or exemptions,” raising concerns over its ramifications on South Korean and other exporters. Trump signed two proclamations regarding the sweeping tariffs, while affirming a plan to announce “reciprocal”

New Delhi: India’s net direct tax collection, comprising mainly corporate tax and personal income tax, jumped by 14.69 per cent to cross the Rs 17.78 lakh crore mark as of February 10 in the current financial year compared to 15.51 lakh crore in the same period of 2023-24, according to a data released by the

Mumbai: Apollo Hospitals has reported a net profit of Rs 379.4 crore in the third quarter this fiscal (Q3 FY25), a decline of 4.12 per cent from Rs 395.7 crore profit in the second quarter (Q2 FY25). The company’s total income in Q3 stood at Rs 5,590.7 crore, slightly lower than Rs 5,627.5 crore reported

New Delhi: After forging close partnership in the defence domain, India and France are now looking at significantly deepening trade and investment relations especially in sectors like clean energy, new technologies and aviation with Prime Minister Narendra Modi landing in Paris on Monday. France has emerged as a major source of FDI for India with

Mumbai: Shares of domestic metal companies on Monday declined sharply after the US President Donald Trump announced to impose a 25 per cent tariff on all steel and aluminum imports. This statement raised concerns about disruptions in the global metal market and led to selling pressure on steel stocks. In response to these developments, stocks

New Delhi: Gold prices on Monday surged to new record highs in the domestic futures market as uncertainty over the US President Donald Trump’s tariff policies increased demand for the yellow metal as a safe-haven investment. According to the India Bullion and Jewellers Association, the price of 24-carat gold was Rs 8,537 per gram, while

Mumbai: The domestic benchmark indices opened lower on Monday as US President Donald Trump threatened to start imposing a new 25 per cent tariff on all steel and aluminium imports, including those from Canada and Mexico. The new tariffs are expected to be imposed from Monday (US time), with additional import duties expected later in

New Delhi: Tech giant Meta is expected to lay off around 3,000 employees, which is about 5 per cent of its total workforce, as per a leaked internal memo, reports said on Sunday. According to the report, the memo, posted by Janelle Gale, Meta’s Vice President of Human Resources, was shared on the company’s internal

New Delhi: The Securities and Exchange Board of India (SEBI) has proposed new rules to improve corporate governance at listed companies. These proposals focus on revising the format of the Annual Secretarial Compliance Report (ASCR), setting eligibility criteria for appointing auditors, and introducing monetary limits for approvals of Related Party Transactions (RPTs). The SEBI aims