They also welcomed the progress in bilateral relations in key sectors, including trade, technology, investment, innovation, sustainability, defence, security, and supply chain resilience. Prime Minister Narendra Modi on Thursday held a joint telephonic call with Antonio Costa, the President of the European Council, and Ursula von der Leyen, the President of the European Commission. In…
The GST Council will discuss the Centre’s proposed proposed rate rationalisation reforms, with a view to simplify slabs and reduce burden on customers. We look at what may get cheaper under new slabs… GST reforms: The Goods and Services Tax (GST) Council, chaired by Finance Minister Nirmala Sitharaman, begun its 56th meeting in New Delhi…
Eicher Motors (Royal Enfield) has outperformed its peers & reported healthy growth of 55 per cent YoY at 114,002 units, highest ever, for the month of August 2025. Eicher Motors share price today Shares of Eicher Motors hit a new high of ₹6,347.05, gaining 1 per cent on the BSE in Tuesday’s intra-day trade.…
Spot gold was up 0.7% at $3,469.84 per ounce by 1049 GMT, its highest since April 22 when it touched a record-high of $3,500.05 The US dollar was trading near its lowest since July 28 against rivals, making greenback-priced bullion cheaper for overseas buyers. Gold hit a more than four-month high on Monday to…
According to analysts, Nifty’s breach of its medium-term support at the 100-day EMA around 24,600 signals that the bears could remain in charge of Dalal Street for some time ahead. Nifty 50 technical outlook: As the additional 25% tariff imposed by US President Donald Trump on India came into effect, the Indian stock market went…
According to the proposals, GST on four-wheeled EVs priced between Rs 20 lakh and Rs 40 lakh will be raised from 5% to 18%, while EVs costing more than Rs 40 lakh will face a jump from 5% to 28%. Only electric buses will continue to enjoy the existing 5% concessional rate. The GoM argued…
Strong demand and solid external finances support rating; high debt and fiscal gaps remain key constraints, Fitch says Fitch Ratings on Monday affirmed India rating at BBB- with a stable outlook on the back of robust growth and solid external finances. The credit rating agency mentioned that the fiscal metrics are a credit weakness, with…
Sensex rose 329 points to close at 81,636, led by gains in IT stocks. Nifty closed at 24,968, facing resistance near 25,000. IT firms led gains while paper stocks surged. The Indian market closed higher today in line with its US peers led by a rally in the IT stocks. Sensex rose 329 points,…
Atomic power is witnessing a revival globally due to its ability to deliver low-emissions energy “Nuclear can’t just be a fashion statement,” Praveer Sinha, chief executive officer at Tata Power Co., said at the BNEF Summit in New Delhi. “It needs to replace coal-based power as a source of affordable power.” India’s top energy firms…
The use of TREPS is becoming increasingly widespread, and as per PrimeMFDatabase, 89.71 percent of equity schemes had exposure to cash equivalents like TREPS, CBLO (Collateralized Borrowing and Lending Obligation), or reverse repos in July. In just two months, 18 additional equity schemes have begun using these instruments to manage cash positions. Mutual Funds…