CBC - Business (37 minutes ago)
Many people won't buy an EV if they don't have a place to charge at home – and many apartment and condo dwellers don't. But some Canadian startups have come up with solutions to make it easier to install EV charging in multi-family buildings, from smart plugs to robots. Here's a closer look.
ReadThe Times of India - Business (2 hours ago)
Moody's Ratings has revised India's GDP growth forecast for 2025 to 6.3% due to global policy uncertainty and trade limitations. Geopolitical friction with Pakistan and terror attacks present additional risks. While maintaining a 6.5% growth prediction for 2026, Moody's anticipates the RBI will implement rate cuts to bolster domestic economic...
ReadThe Times of India - Business (3 hours ago)
Gold prices surged on Tuesday due to increased safe-haven demand following President Trump's tariff announcements. Investors are also awaiting insights from the Federal Reserve's policy meeting, with expectations of maintained interest rates.
ReadThe Times of India - Business (3 hours ago)
Sumitomo Mitsui Banking Corp (SMBC) is nearing a deal to acquire a major stake in Yes Bank, potentially triggering an open offer for an additional 26% stake and making SMBC the largest shareholder. This move follows Yes Bank's 2020 rescue and would be India's largest M&A deal for SMBC.
ReadThe Times of India - Business (3 hours ago)
The Reserve Bank of India significantly reduced its gold repatriation in the second half of fiscal year 2025, bringing home only 1.53 tonnes compared to 102.15 tonnes in the previous six months. Despite this slowdown, total gold holdings reached 879.59 metric tonnes by March 2025.
ReadThe Times of India - Business (5 hours ago)
Gold price prediction: Gold prices experienced recent corrections after hitting record highs amidst global economic uncertainty. Trade tensions, dollar strength, and China's market holiday impacted bullion markets. Investors await the Federal Reserve's FOMC meeting for policy clarity.
ReadThe Times of India - Business (7 hours ago)
Ford experienced a significant 65% drop in first-quarter profits, reporting $471 million, despite exceeding analyst expectations. Revenue also declined by five percent to $40.7 billion. The company withdrew its 2025 forecast due to tariff uncertainties, estimating a $1.5 billion annual hit to earnings.
ReadThe Times of India - Business (9 hours ago)
Amidst US tariff hike proposals in April, Indian investors demonstrated savvy investment strategies by increasing their investments in overseas equities, particularly in the US. Platforms like INDMoney and HDFC Securities reported significant surges in investment activity, with a notable rise in new investors targeting US stocks. This enthusiasm...
ReadThe Times of India - Business (9 hours ago)
Evera Cabs is expanding its electric taxi service by acquiring 500 repossessed EVs from BluSmart, which faced operational suspension due to financial irregularities. Evera is also onboarding BluSmart drivers, including a significant number of women, to meet the rising demand for electric cabs, particularly around Delhi airport. This move fills the...
ReadThe Times of India - Business (9 hours ago)
Moody's Rating warns that escalating tensions with India could negatively impact Pakistan's growth, fiscal stability, and macroeconomic situation. Pakistan's weak fundamentals and reliance on IMF bailouts make it vulnerable. While Pakistan's economy shows signs of improvement, persistent tensions could strain its foreign exchange reserves and...
ReadThe Times of India - Business (9 hours ago)
Small, affordable 'minis' are reshaping India's beauty market as consumers experiment beyond basic products. Lakme's VP Sunanda Khaitan notes that these minis encourage makeup adoption, especially among Gen Z, and are boosted by quick commerce platforms. Despite inflation impacting spending, beauty remains resilient, driven by aspiration and...
ReadThe Times of India - Business (14 hours ago)
Sovereign Gold Bond 2017-18 Series VI investors can redeem their bonds prematurely on May 6, 2025, at Rs 9,453 per gram, a significant increase from the original price of Rs 2,945. Launched in 2015, the SGB scheme offers a financial alternative to physical gold, providing a fixed interest rate and tax-free capital gains on redemption for...
ReadCBC - Business (14 hours ago)
The Canadian oilpatch has a brand-new pipeline, something it's pleaded for year after year, and it offers a relatively quick route to the West Coast and overseas markets. But a year in, the newly expanded Trans Mountain Pipeline still isn't running at full capacity — though the CEO of the Crown corporation says he doesn't think it's a problem.
ReadThe Times of India - Business (16 hours ago)
Following the terror attack in Pahalgam, Jammu and Kashmir Bank anticipates minimal direct impact, as tourism exposure constitutes only one per cent of its portfolio. MD & CEO Amitava Chatterjee highlights the region's historical resilience and strong repayment culture. The bank reported a net profit of Rs 584.54 crore for the January-March...
ReadThe Times of India - Business (16 hours ago)
Berkshire Hathaway's shareholders are considering the company's future as Warren Buffett steps down as CEO, with Greg Abel endorsed as his successor. While stakeholders acknowledge stability under Abel, some express concern over the loss of Buffett's unique insight. The $1.16 trillion organization faces uncertainty regarding its trajectory...
ReadThe Times of India - Business (17 hours ago)
Wall Street faced losses as trading commenced, influenced by declining oil prices and a gold rally. The S&P 500 ended its winning streak, while the Nasdaq fell due to tech stock declines. Warren Buffett's succession plans impacted Berkshire Hathaway. Oil prices dropped after OPEC+ announced increased production. New tariffs on foreign films,...
ReadThe Times of India - Business (17 hours ago)
The rupee strengthened to 84.30 against the US dollar, a 27 paise gain, fueled by lower crude oil prices and robust domestic stock market performance. Sustained foreign investor inflows further bolstered the rupee. The BSE Sensex and NSE Nifty also saw gains. India's forex reserves increased for the eighth consecutive week, reaching USD 688.
ReadThe Times of India - Business (17 hours ago)
The US services sector rebounded in April, exceeding expectations with an ISM index of 51.6 per cent, signaling expansion despite market volatility from tariffs. New orders and employment rose, but inflationary pressures intensified, reaching a high since January 2023. While some industries grew, others contracted, and federal budget cuts remained...
ReadThe Times of India - Business (18 hours ago)
The US administration is employing tariffs and targeting non-tariff barriers to compel countries to reduce trade obstacles for American goods. These barriers include agricultural regulations, taxation systems like VAT, currency practices, and product standards.
ReadThe Times of India - Business (18 hours ago)
Taiwan's dollar saw a significant surge, the largest since 1988. This happened amid speculation about potential trade negotiations with the United States. Taiwan's central bank addressed the surge, attributing it partially to market rumors. They also clarified that the US hadn't demanded currency appreciation. The surge impacted local exporters and...
ReadThe Times of India - Business (19 hours ago)
The Central Board of Direct Taxes has released the updated ITR-2 form. It is for the assessment year 2025-26. The form includes separate reporting for capital gains. This is before and after July 23, 2024. Capital loss is allowed on share buybacks from October 1, 2024. The asset and liability reporting threshold is now Rupees one crore.
ReadThe Hindu - Business (20 hours ago)
The Vizhinjam port is of immense significance to India's global maritime trade. Amongst all existing Indian ports, Vizhinjam is the closest to international shipping routes. Many global shipping stakeholders have already appreciated the role the port is going to play in transshipment
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