India-New Zealand trade pact cuts fruit tariffs, boosts exports and visas

The agreement, concluded in December, will see New Zealand eliminate duties on all Indian exports, while India will reduce tariffs on 95 per cent of imports from the South Pacific nation India and New Zealand on Monday signed a free-trade agreement (FTA) that significantly lowers tariffs on goods, expands market access, and eases entry for…

Doubts over talks between Iran, US as tensions rise in Strait of Hormuz

Pakistan moved ahead Monday with preparations for a new round of talks between the United States and Iran days before a tenuous ceasefire is set to expire, even as renewed conflict around the Strait of Hormuz raised questions about whether the meeting would take place.   Over the weekend, the US attacked and seized an…

L&T up 26% from March low, nears pre-West Asia conflict price; here’s why

Larsen & Toubro (L&T) share price   Share price of Larsen & Toubro (L&T) rose 2 per cent to ₹4,149.55 on the BSE in Thursday’s intra-day trade, extending its Wednesday’s 3 per cent rally on easing geopolitical tensions.   With past two days’ up move, the stock price of the civil construction major has bounced…

SIPs hit record high, equity MF inflows jump 56% in March despite sharp stock market selloff, shows AMFI data

Investors continue to show strong commitment to systematic investing despite the stock market selloff last month. Equity mutual funds also saw significant buying, particularly in flexi-cap and small-cap categories.  Systematic Investment Plan (SIP) flows jumped to a record high in March, while equity mutual funds also witnessed healthy demand, according to monthly data released by…

Trump reveals details of Iran deal: No Uranium enrichment, remove nuclear dust, sanctions relief

US President Donald Trump revealed details of the US’ deal with Iran on Wednesday, hours after a two-week ceasefire was announced between the two warring countries. Trump said the United States will work closely with Iran, “which we have determined has gone through what will be a very productive Regime Change!” Through Trump had said…

Sensex ends 1,700 points down, investors lose ₹9 lakh crore— 5 Key factors behind stock market selloff explained

Sensex crashed 1,690 points, or 2.25%, to end at 73,583, while Nifty 50 settled at 22,819.60, falling 487 points, or 2.09%. Investors lost about ₹9 lakh crore. The Indian stock market suffered strong losses on Friday, March 27, with equity benchmarks — Sensex and Nifty 50 — falling more than 2% each. Sensex crashed 1,690…

Iran says it will decide when war ends, rejects US proposal: Report

Iranian media outlets, quoting an official source, reinforced the stance, saying, ‘The war will end when we are elected and only if our conditions are met’ Iran has asserted that it will determine the timing of the end of the ongoing conflict, maintaining that any resolution will depend solely on its own terms. “Iran will…

India’s trade deficit narrows to $27.1 billion in February as imports moderate from previous month

The February deficit is lower than the $34.68 billion recorded in January, when a sharp rise in imports widened the trade gap to the highest level in several months. NEW DELHI: India’s merchandise trade deficit narrowed to $27.1 billion in February as imports moderated from the previous month, though elevated purchases of energy, gold and…