Economy

New Delhi: As the Donald Trump administration in the US announced hefty trade tariffs on Canada, Mexico and China, ace global investor Mark Mobius said on Monday that these strong measures can impact the world economic order in the long term, and India can insulate itself easily by opening up the market further for US

New Delhi:  After the revision in tax slabs in the Union Budget 2025-26 to leave ‘enough money in the hands’ of taxpayers, the government is likely to unveil the much-anticipated draft of the new Income Tax Bill on February 6. The proposed bill aims to bring sweeping reforms to the current Income Tax Act and

Seoul:  The South Korean currency weakened sharply against the US dollar on Monday on growing concerns about the impact of the Donald Trump administration’s sweeping tariff plan on the South Korean economy and businesses. The Korean won opened at 1,466 won per dollar, down 13.3 won from the previous session, and fell further to 1,471.35

Mumbai: The domestic benchmark indices opened sharply lower on Monday, as Asian markets tumbled after US President Donald Trump announced trade tariffs which are set to come into effect from Tuesday. At around 9.33 a.m., the Sensex was trading over 400 points down at 77,103.22 while the Nifty was down 154 points at 23,328.00. At

Mumbai:  The Indian stock market is set for a volatile week, with multiple factors influencing investor sentiment such as the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting, reactions to the Union Budget 2025, and global economic events. Investors will closely track the impact of the Union Budget 2025, which was presented by

New Delhi: Finance Minister Nirmala Sitharaman told NDTV in a post-budget interview that the Government’s focus has been on capital expenditure (capex) in the last few years, and now it has also given a huge boost to increasing consumption. “A rise in capex by 10.23 per cent in comparison to RE (revised estimate)) of 2024-25

New Delhi: The budget 2025 was focused on increasing the spending power for India’s growing middle class and that is great for all manufacturers, irrespective of sectors, a top industry leader said on Sunday. “The announcement to implement a scheme to make India a global hub for toys is appreciable,” K A Shabir, CEO

New Delhi: Goods and Services Tax (GST) collections for the month of January shot up by 12.3 per cent year-on-year in January to Rs 1.96 lakh crore, on the back of higher economic activity during the month, according to official figures released on Saturday. This includes Rs 1.47 lakh crore from sale of goods and

Guwahati: The Federation of Industry and Commerce of North Eastern Region (FINER) hailing the Union Budget 2025 on Saturday said that the modified UDAAN scheme would expand regional connectivity and tourism opportunities in the northeast. FINER President Bajrang Lohia said that the measures proposed by the Union Finance Minister Nirmala Sitharaman in the Budget reflected

New Delhi: Union Finance Minister Nirmala Sitharaman on Saturday announced the setting up of a Rs 1 lakh crore fund for the development of cities and a revamp of the Prime Minister Street Vendors Atma Nirbhar Nidhi (PM SVANidhi) to enhance the earnings of street vendors as part of her Budget proposals. “Our government has