The Times of India - Business (4 minutes ago)
Following Operation Sindoor, India anticipates a surge in defence exports as indigenous equipment gains recognition for its war-tested capabilities, DRDO Chairperson Samir V Kamat said. The Advanced Medium Combat Aircraft (AMCA) program's newly approved execution model encourages private sector involvement in fighter aircraft development, aiming...
ReadThe Times of India - Business (4 minutes ago)
NITI Aayog Vice-Chairman Suman Bery stated that India's economy is $15 trillion in PPP terms, over half the size of the US economy. He emphasized improving labor productivity, diversifying supply sources, and leveraging FTAs for economic growth.
ReadThe Times of India - Business (An hour ago)
Amidst a US trade court's rejection of Trump-era tariffs, the Global Trade Research Initiative (GTRI) advises India to proceed cautiously in FTA talks with the US. The court's ruling, invalidating tariffs imposed without Congressional approval, raises concerns about the legality of past US trade measures.
ReadThe Times of India - Business (An hour ago)
Adani Airport Holdings Ltd seeks government approval to treat Mumbai and Navi Mumbai airports as a single unit for tariff calculations, aiming for uniform charges and increased traffic at the new Navi Mumbai facility. The move addresses concerns about higher fees potentially deterring airlines from using Navi Mumbai, where AAHL has invested...
ReadThe Times of India - Business (An hour ago)
India is expected to drive global economic growth in 2025 and 2026. The IMF projects strong GDP growth for India. This positions it as the fastest-growing major economy in South Asia. A trade agreement between India and the United Kingdom has boosted India's trade outlook. Military tensions between India and Pakistan have increased uncertainty. The...
ReadThe Times of India - Business (An hour ago)
The Indian economy is projected to maintain a promising outlook in 2025-26, fueled by revived consumption, government capex, and healthy financial conditions. RBI's report highlights the National Manufacturing Mission and expanding global trade engagements as further growth catalysts. India's resilience, digital payment leadership, and focus on AI...
ReadThe Times of India - Business (2 hours ago)
Security printing costs surged by 25% to Rs 6,372.8 crore in 2024-25, driven by increased banknote printing. While Rs 500 notes dominated circulation, the share of Rs 500 notes declined marginally in value terms. The majority of withdrawn Rs 2000 notes returned to banks, and e-rupee circulation saw a significant rise.
ReadThe Times of India - Business (2 hours ago)
Global stock markets experienced a downturn due to fading optimism regarding trade tensions, while oil prices surged amid potential sanctions on Moscow. Nvidia's strong earnings report provided a bright spot, contrasting with concerns raised by US companies about the impact of tariffs on consumers. European markets mirrored Asia's decline, and...
ReadThe Times of India - Business (3 hours ago)
A US trade court has blocked most of Donald Trump's tariff measures, deeming that he overstepped his authority under the International Emergency Economic Powers Act. The court's decision, which consolidates multiple lawsuits, invalidates tariffs imposed on countries like Canada, Mexico, and China. The White House has criticized the ruling and...
ReadThe Times of India - Business (3 hours ago)
Governor Ron DeSantis has signed a law recognising gold and silver coins as legal currency in Florida, exempting them from sales tax. This makes Florida the largest state to take such a step, pending legislative ratification by July 1, 2026. The legislation aims to provide Floridians with greater financial freedom and protect their wealth from...
ReadThe Times of India - Business (4 hours ago)
The US government has imposed new export restrictions on a range of goods shipped to China, including semiconductor design software, chemicals, and industrial tools. These measures aim to limit China's access to critical components, prompting market reactions as Cadence and Synopsys shares declined. Despite initial concerns, Synopsys maintained its...
ReadThe Times of India - Business (4 hours ago)
Indian Railways is set to achieve net-zero targets by year-end, surpassing its 2030 goal through extensive electrification. Aiming for 95% electric traction by 2030, it anticipates significant carbon emission reductions. The shift includes sourcing renewable and nuclear energy, targeting 10 GW of electricity by the decade's end.
ReadThe Times of India - Business (5 hours ago)
India's public sector banks have spearheaded a remarkable turnaround, driving the banking sector to record profits of Rs 3.71 lakh crore. Fueled by increased lending income and reduced NPAs, PSU banks saw a 26% profit surge, nearing private banks' earnings.
ReadThe Times of India - Business (5 hours ago)
Nvidia announced impressive first-quarter results, with revenue surging 69% year-over-year to $44.1 billion, exceeding Wall Street's expectations. Despite a slight miss in net profit at $18.78 billion, earnings per share rose to 73 cents. Shares climbed over 4% in after-hours trading.
ReadThe Times of India - Business (6 hours ago)
Asian shares and US futures experienced a surge following a court ruling that temporarily blocked President Trump's ability to impose sweeping tariffs under emergency powers. Japan's Nikkei 225 index advanced, and the dollar rose against the yen. The ruling's impact on trade talks and ongoing inflation concerns, as highlighted in the Federal...
ReadThe Times of India - Business (6 hours ago)
Himachal Pradesh banks observed a holiday on May 29 for Maharana Pratap Jayanti. Banking services were unavailable in Shimla and other areas. Digital banking remained operational nationwide. The Reserve Bank of India released holiday schedules. Earlier in May, banks were closed for other regional holidays.
ReadThe Times of India - Business (7 hours ago)
The "TACO trade," short for "Trump Always Chickens Out," describes a Wall Street pattern where stocks dip on Trump's tariff threats but rebound when he backs down. This cycle, observed with the EU and China, reflects investors betting on Trump's negotiation tactics. While Trump disputes the label, critics argue it oversimplifies his strategy.
ReadThe Times of India - Business (7 hours ago)
Gold and silver price prediction: MCX Gold is resuming its upward trend, potentially reaching 98,000, supported by geopolitical tensions and inflationary concerns. MCX Silver exhibits strong bullish momentum, targeting 1,01,800, driven by robust demand and macroeconomic uncertainties.
ReadThe Times of India - Business (9 hours ago)
Top stock market recommendations: Nifty remains range-bound, potentially retesting lower supports unless it closes above 25050, while Bank Nifty's rising trendline break suggests a possible 1200-1500 point decline. Aakash K Hindocha recommends Chennai Petroleum Corporation, LTIMindtree, and Zydus Lifesciences as buy calls, citing bullish patterns...
ReadThe Times of India - Business (9 hours ago)
South Korea's central bank has lowered interest rates to bolster its export-driven economy, responding to pressures from the US tariff war. The Bank of Korea also significantly reduced its annual growth forecast to 0.8 percent, reflecting rising global uncertainties and lower-than-anticipated first-quarter growth. This rate cut brings lending rates...
Read