The Times of India - Business (16 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...
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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...
ReadThe Times of India - Business (18 hours ago)
The extension of the ITR filing deadline to September 15, 2025, may increase the government's interest liability on tax refunds, calculated from April 1st. Taxpayers filing by the extended deadline are still eligible for interest, but delaying may not significantly benefit them. Experts suggest early filing to expedite refunds, despite the...
ReadThe Times of India - Business (18 hours ago)
India's power demand is projected to surge by 6.0-6.5% annually over the next five years, fueled by EV adoption, data center expansion, and green hydrogen projects. While renewables will dominate capacity growth, a significant uptick in thermal projects is also underway. However, increased rooftop solar adoption may partially offset this rising...
ReadThe Times of India - Business (20 hours ago)
Sebi has barred former IndusInd Bank CEO Sumant Kathpalia and four others from the securities market, impounding ₹19.78 crore. The regulator alleges they traded on unpublished price-sensitive information related to an RBI directive impacting the bank. This action follows Sebi's investigation into potential accounting frauds within IndusInd Bank.
ReadThe Times of India - Business (20 hours ago)
Macy's Inc. reported a first-quarter sales and profit decline, yet surpassed Wall Street expectations. The company is carefully managing its pricing strategy amid the evolving tariff landscape. Due to cautious consumer behavior and rising tariff costs, Macy's has revised its full-year profit forecast downward, joining other retailers navigating...
ReadThe Times of India - Business (20 hours ago)
Unacademy is undergoing a significant leadership transition as co-founder Gaurav Munjal steps down as CEO, with Sumit Jain, a current board member, taking over. This shift comes amid strategic realignments, including a focus on its language learning app, AirLearn, and follows the exit of other co-founders.
ReadThe Times of India - Business (21 hours ago)
US stocks remained stable as investors awaited Nvidia's earnings and digested mixed global economic signals. Retailers saw gains, while GameStop and Trump Media explored Bitcoin investments. The Federal Reserve is expected to release policy meeting minutes amid concerns about unemployment and inflation, influenced by trade tariffs. Oil prices...
ReadThe Times of India - Business (21 hours ago)
India's data centre sector has attracted $15 billion since 2020 and anticipates $20–25 billion more over the next six years. Fueled by digital transformation, capacity across major cities has reached 1,263 MW and is projected to exceed 4,500 MW by 2030. This growth is supported by strategic advantages and the rise of edge data centres.
ReadThe Times of India - Business (21 hours ago)
British American Tobacco Plc divested a 2.5% stake in ITC Ltd for Rs 12,941 crore, reducing its shareholding to 22.94%. The sale, executed through open market transactions, aims to enhance BAT's financial flexibility for transformation investments and shareholder returns. Proceeds will extend the share buyback program by £200 million, signaling...
ReadThe Times of India - Business (21 hours ago)
Trump Media & Technology Group, operator of Truth Social, plans to secure $2.5 billion, including establishing a "bitcoin treasury." The company secured agreements with institutional investors for $1.5 billion in common stock and $1.0 billion in convertible notes.
ReadThe Hindu - Business (22 hours ago)
'That Indian overseas direct investment increased nearly by $12.5 billion during the year FY25, even as uncertainty reigned in the world, warrants attention, especially given their cautious attitude towards domestic investment,' the Department of Economic Affairs of the Ministry of Finance noted in its Monthly Economic Review released on May 27,...
ReadThe Times of India - Business (23 hours ago)
India's industrial production growth decelerated to 2.7% in April 2025, a significant drop from the 5.2% growth recorded a year prior. This slowdown was primarily due to weaker performances in the mining, manufacturing, and power sectors. However, the capital goods segment experienced a notable acceleration, while consumer durables growth moderated...
ReadThe Times of India - Business (23 hours ago)
N Chandrasekaran will resign as Chairman and Director of Tata Chemicals, effective May 29, 2025, citing a reassessment of his commitments. S Padmanabhan, a current Director, will succeed him as Chairman from May 30, 2025. Modan Saha, driving strategic initiatives at Tata Sons, has been appointed as an Additional Director.
ReadThe Times of India - Business (A day ago)
PayPal India has received RBI's approval to operate as a Payment Aggregator for Cross-Border Exports. This allows PayPal to support Indian businesses in accessing global markets. The approval enables PayPal to provide secure cross-border payment services. It ensures transparency and security for Indian merchants. This development will also pave the...
ReadThe Times of India - Business (A day ago)
The Cabinet Committee on Economic Affairs has approved railway multitracking projects in Maharashtra and Madhya Pradesh, costing Rs 3,399 crore. Scheduled for completion in 2029-30, the Ratlam-Nagda and Wardha-Balharshah lines will add 176 km to the network. This expansion aims to boost freight capacity, reduce congestion, and generate employment,...
ReadThe Times of India - Business (A day ago)
PepsiCo India announced a consolidated profit of Rs 883.39 crore for 2024. Revenue from operations reached Rs 9,096.62 crore. The snacks segment led with Rs 6,889.66 crore. The beverage segment contributed Rs 2,206.96 crore. Domestic operations generated Rs 8,475.37 crore. Exports accounted for Rs 386.10 crore. Jagrut Kotecha, CEO, highlighted the...
ReadThe Times of India - Business (A day ago)
IndiGo, India's leading airline, has appointed Vikram Singh Mehta as its new Chairman, succeeding Venkataramani Sumantran, who completed his five-year term. Mehta, a board member since May 2022, brings extensive experience from his roles at Shell and as an IAS officer. This transition occurs as IndiGo co-founder Rakesh Gangwal and his family...
ReadThe Times of India - Business (A day ago)
With appraisal season underway, financial planners are urging salaried individuals to leverage their salary hikes to bolster their savings and investment strategies, particularly through mutual funds. Experts recommend redirecting a portion of the increased income into Systematic Investment Plans (SIPs) to counter inflation and achieve long-term...
ReadThe Times of India - Business (A day ago)
Indira Gandhi International Airport in Delhi has been recognized as a top 10 hub airport in the Asia-Pacific and Middle East region by Airports Council International. This achievement is driven by its extensive connectivity to 153 destinations and significant infrastructure enhancements.
ReadThe Times of India - Business (A day ago)
The Union Cabinet has approved increased Minimum Support Prices for 14 Kharif crops for the 2025-26 season, with the highest hike for nigerseed. Paddy MSP rises to Rs 2,369 per quintal. Simultaneously, the Modified Interest Subvention Scheme continues, offering farmers affordable credit via Kisan Credit Cards with subsidized interest rates and...
ReadThe Times of India - Business (A day ago)
TCS CEO K Krithivasan's remuneration rose by 4.6% to Rs 26.52 crore in FY25, about 330 times the median employee salary. While employee salaries saw increases of 5.5-7.5%, R&D spending decreased to 1% of turnover. TCS leadership recognized global economic challenges and emphasized proactive policy responses for stability and growth.
ReadThe Times of India - Business (A day ago)
Gold prices in India saw an increase in futures trading. This was driven by high demand in the spot market. On the other hand, Indian stock market indices experienced a decline. The BSE Sensex and Nifty50 both closed in negative territory. Earlier in the day, the markets had briefly shown positive movement before reversing course.
ReadThe Times of India - Business (A day ago)
India's bumper wheat harvest is rapidly replenishing government stockpiles, eliminating the need for imports and potentially impacting global wheat prices. Procurement has reached a four-year high, with expectations of exceeding the requirements for the national food welfare program. Despite this surplus, the export ban remains in place to further...
ReadThe Times of India - Business (A day ago)
Adani Ports is poised to re-enter the local bond market after a 17-month gap, planning a record-breaking rupee-denominated debt issue targeting 50 billion rupees through 15-year bonds. This marks their largest and longest-tenured bond offering to date, with an expected coupon rate of around 7.75%, despite ongoing Sebi investigations related to...
ReadThe Times of India - Business (A day ago)
European companies are reducing expenses in China. They are also halting investment plans. A new survey reveals this trend. China's economic slowdown is impacting profits. Local competition is also a factor. The property sector crisis affects consumer spending. Europe and the United States are resisting Chinese exports. Concerns rise about Chinese...
ReadThe Times of India - Business (A day ago)
IndiGo will be the first airline to operate from the Navi Mumbai International Airport (NMIA), starting with 18 daily departures and expanding to 79 by November 2025, including international flights. The airport, owned by the Adani Group, aims to handle 20 million passengers annually in its initial phase, with future expansions planned.
ReadThe Times of India - Business (A day ago)
India and the US are aiming to finalize an interim trade agreement by June 25, potentially leading to a broader bilateral trade agreement before autumn. Discussions are progressing, with Indian officials recently engaging in trade talks in Washington. India seeks relief from the 26% reciprocal duty, while the US wants tariff reductions on various...
ReadThe Times of India - Business (A day ago)
Ola Electric's market share in India's electric two-wheeler sector has declined to third position in May, overtaken by TVS Motor and Bajaj Auto. The company's registrations fell sharply, accompanied by regulatory scrutiny and missed sales targets. Despite financial struggles, Ola Electric is trying to stabilize by raising funds and launching its...
ReadThe Times of India - Business (A day ago)
Former RBI Governor Raghuram Rajan has criticised Donald Trump's policy to restrict foreign students, warning of long-term economic consequences for the US. Rajan highlighted the vital role international students play in America's innovation and economic dominance, citing examples like Google's co-founder, Sergey Brin.
ReadThe Times of India - Business (A day ago)
Belrise Industries Ltd shares debuted strongly on Wednesday, opening at a premium of over 11% at Rs 100 on the NSE against the issue price of Rs 90. The IPO witnessed substantial interest, especially from institutional investors, and was oversubscribed 41.30 times. The Rs 2,150-crore share sale was offered within a price range of Rs 85-90 per...
ReadThe Times of India - Business (A day ago)
ITC shares experienced a decline of over 5% following reports that British American Tobacco (BAT), the largest shareholder, plans to sell a 2.3% stake in the company through a block deal valued at over Rs 11,600 crore. This sale will reduce BAT's holding in ITC to 23.1%, with the Indian government becoming the largest shareholder group.
ReadThe Times of India - Business (A day ago)
L&T is set to significantly expand its defence business, aiming for multi-billion dollar revenues, driven by government initiatives to boost domestic defence production and exports. The company plans to leverage its shipyard and expand facilities to meet growing demand for naval vessels and other military equipment.
ReadThe Times of India - Business (A day ago)
The National Stock Exchange of India's valuation has soared to $58 billion in private markets, fueled by anticipation of a potential IPO. Institutional and high-net-worth investors are aggressively purchasing unlisted shares, expecting a listing this year.
ReadThe Times of India - Business (A day ago)
TCS views generative AI as a transformative "civilisational shift," planning to integrate AI agents into its workforce to create a "human+AI" model. The company aims to have the largest AI-trained workforce in 2025 and is helping clients scale AI adoption with a focus on ROI. Despite geopolitical challenges, TCS achieved a 6% revenue increase and...
ReadThe Times of India - Business (A day ago)
Gold price prediction today: Gold prices have fluctuated due to global uncertainties and developments in trade relations, particularly regarding US tariffs. Recent progress in trade negotiations and outflows from gold ETFs suggest a potential consolidation in the short term.
ReadThe Times of India - Business (A day ago)
Temu's owner PDD Holdings reported a significant 47% drop in net profit for Q1 2025, reaching 14.7 billion yuan, as US-China trade tensions intensify. The decline is attributed to escalating trade tensions and a new US policy ending customs exemptions for low-value goods, impacting platforms like Temu. Revenue growth slowed for the fourth...
ReadThe Times of India - Business (A day ago)
Asian markets surged following Trump's EU tariff delay, boosting Wall Street. Japan's Nikkei rose 0.5%, while South Korea's Kospi jumped 1.8% driven by tech gains. Oil prices increased after Chevron's Venezuelan crude export authorization ended. US markets responded positively, with the S&P 500 up 2.1%. Strong US consumer confidence data further...
ReadThe Times of India - Business (A day ago)
Stock market recommendations: Anand Rathi Shares and Stock Brokers suggests buying ITI Ltd near ₹304, targeting ₹370. Minda Corp is a buy near ₹530, with a short-term target of ₹600. BLS International shows upside potential, with entries near ₹410 and a target of ₹450.
ReadThe Times of India - Business (2 days ago)
The income tax department has extended the deadline for individual tax return filings to September 15, prompted by significant revisions to tax laws and ITR forms for the assessment year 2025-26. These changes aim to simplify compliance and enhance transparency, necessitating updates to the e-filing utility and providing taxpayers more time to...
ReadThe Times of India - Business (2 days ago)
India and the US are in trade agreement negotiations, aiming to boost exports and market access. India seeks exemption from US tariffs, while the nation's economy demonstrates resilience with strong domestic fundamentals and government capital expenditure. Despite global uncertainties, India remains the fastest-growing major economy, with positive...
ReadThe Times of India - Business (2 days ago)
Life Insurance Corporation of India announced a significant profit increase. The net profit rose by 38% in the fourth quarter. This is due to reduced management expenses. Renewal premiums increased, offsetting a slight dip in first-year premiums. LIC plans to acquire a stake in a health insurer. The board recommended a dividend of Rupees 12 per...
ReadThe Times of India - Business (2 days ago)
IndiGo faces penalties exceeding Rs 2.76 crore from customs authorities in Ahmedabad and Chennai, which the airline intends to challenge, asserting that all duties were duly paid. Meanwhile, promoter Rakesh Gangwal and the Chinkerpoo Family Trust sold 5.72% ownership in IndiGo for Rs 11,564 crore through open market deals, reducing Gangwal's stake...
ReadThe Times of India - Business (2 days ago)
Indian export shipments are cautiously resuming through the Red Sea corridor after months of disruption due to Houthi militant attacks. This vital route, crucial for trade with Europe and the US, saw vessels rerouted around Africa, increasing costs and delays.
ReadThe Times of India - Business (2 days ago)
Income Tax Return (ITR) Filing Deadline Extended: The CBDT has extended the ITR filing deadline for Assessment Year 2025-26 to September 15, 2025, due to system upgrades and ITR form revisions. This extension aims to simplify compliance, enhance transparency, and enable accurate reporting.
ReadThe Times of India - Business (2 days ago)
Starting July 31, 2025, UPI users will encounter restrictions on non-financial actions like balance checks, as NPCI regulates API usage to prevent system overloads. Banks and PSPs must comply by moderating high-frequency APIs, with penalties for non-compliance. These changes aim to improve UPI service reliability during peak hours, ensuring...
ReadThe Times of India - Business (2 days ago)
Nvidia's shares rose ahead of its earnings report, as investors closely monitor the impact of US export restrictions on its China business. These restrictions, particularly affecting the H20 AI chip, could cost Nvidia billions in potential sales. While challenges persist in China, new opportunities in the Middle East and renewed AI investment from...
ReadThe Times of India - Business (2 days ago)
India's FDI inflows experienced a decline of 24.5% in the January-March quarter of 2024-25, totaling $9.34 billion. Despite this quarterly dip, the financial year saw a 13% surge, reaching $50 billion. Singapore emerged as the top investor, while Maharashtra led among states, reflecting India's ongoing efforts to attract foreign investment through...
ReadThe Times of India - Business (2 days ago)
A proposed US bill, dubbed 'The One Big Beautiful Bill,' could impose a 3.5% remittance tax on money transfers from the US to India by 2026, impacting Indian immigrants, including H-1B visa holders and permanent residents. This legislation, awaiting Senate approval, may significantly increase the financial burden on the Indian community,...
ReadThe Times of India - Business (2 days ago)
Rakesh Gangwal and the Chinkerpoo Family Trust have further reduced their stake in IndiGo operator InterGlobe Aviation by 5.72%, garnering ₹11,564 crore through open market transactions. This sale, executed at ₹5,230.99-₹5,235.31 per share, decreases their combined ownership to 7.81%. These divestments align with Gangwal's plan to reduce his...
ReadThe Times of India - Business (2 days ago)
India's exports are projected to reach $1 trillion by FY26, driven by global diversification and new FTAs, according to FIEO. Merchandise exports are expected to rise to $525-535 billion, while services exports should hit $465-475 billion. Electronics, engineering, and agriculture are key growth sectors, though non-tariff barriers like the EU's...
ReadThe Times of India - Business (2 days ago)
Salesforce is set to acquire Informatica for $8 billion, marking its largest acquisition since Slack in 2021. This strategic move aims to bolster Salesforce's AI capabilities by integrating Informatica's data management platform. The acquisition, expected to close early next year, will enhance Salesforce's competitiveness and expand its suite of...
ReadThe Times of India - Business (2 days ago)
Sumitomo Mitsui Financial Group's potential acquisition of a 20% stake in Yes Bank could reshape foreign investment in Indian private banks, potentially leading to greater foreign participation. Fitch Ratings suggests the deal, pending RBI approval, might set a precedent for similar transactions, as current regulations limit foreign investors'...
ReadThe Times of India - Business (2 days ago)
In a historic shift, Germany has overtaken Japan as the world's leading creditor nation after 34 years, despite Japan's record ¥533.05 trillion in net external assets. Germany's substantial current account surplus, driven by strong trade, propelled it to the top with ¥569.7 trillion.
ReadThe Times of India - Business (2 days ago)
US stock markets surged Tuesday, fuelled by tech gains and easing Treasury yields, following a US-EU trade truce that calmed tariff escalation fears. The Dow, NASDAQ, and S&P 500 all opened strongly, while gold and oil prices dipped. European markets also rose, and investors are awaiting key US economic data.
ReadThe Times of India - Business (2 days ago)
India is making significant strides in the telecom sector, aiming to lead in 6G innovation while ensuring universal and secure access to telecom services. The Sanchar Mitra Scheme was launched to engage citizens, and efforts are underway to combat online fraud and fake connections. India Mobile Congress 2025 will showcase these advancements,...
ReadThe Times of India - Business (2 days ago)
India's industrial production is projected to have slowed to 1.2% in April 2025, a significant drop from the 5.2% growth in April 2024. This deceleration is primarily due to weakened activity in the mining and manufacturing sectors, influenced by rising global trade uncertainties and reciprocal tariff hikes.
ReadThe Times of India - Business (2 days ago)
OYO, the global travel tech platform, is preparing for a new IPO. Discussions with banks are underway for a public listing. The company aims to launch the IPO in the last quarter of the financial year. Investment bankers estimate a valuation between USD 6-7 billion. OYO previously withdrew its IPO plans in May 2024.
ReadThe Times of India - Business (2 days ago)
President Putin has asserted that Russia will not welcome McDonald's return after their exit in 2022 due to Western sanctions. He emphasized support for Russian entrepreneurs, stating any returning foreign companies must operate on terms advantageous to Russian businesses. Putin highlighted that some foreign partners are seeking to resume business...
ReadThe Times of India - Business (2 days ago)
Good news for taxpayers. The Central Board of Direct Taxes has provided an extension for filing Income Tax Returns. The new deadline is September 15, 2025. This applies to returns originally due by July 31, 2025. The extension accommodates revisions in ITR forms. It also considers ongoing system development.
ReadThe Times of India - Business (2 days ago)
Peter Schiff questions why central banks favor gold over Bitcoin as they prepare for a post-dollar era, highlighting record gold purchases amid rising distrust in the US dollar. This trend reflects gold's enduring role as a reliable reserve asset, contrasting with Bitcoin's volatility and limited institutional acceptance. Analysts suggest...
ReadThe Times of India - Business (2 days ago)
Bengaluru has cemented its position as a global tech powerhouse, boasting a workforce exceeding 1 million and leading in AI talent development. The city ranks among the top 12 global tech hubs, attracting significant venture capital and benefiting from strong institutional support. Other Indian cities like Delhi-NCR and Mumbai are also experiencing...
ReadThe Times of India - Business (2 days ago)
The Global Trade Research Initiative (GTRI) has lauded the reinstatement of the RoDTEP scheme, emphasizing the need for a consistent five-year implementation to boost India's export competitiveness. GTRI voiced concerns over inconsistent policy handling, despite the scheme's WTO compliance.
ReadThe Times of India - Business (2 days ago)
Global markets displayed mixed performance, with London's FTSE 100 and Hong Kong's Hang Seng leading gains amid easing trade tension concerns. US stock futures surged ahead of Wall Street's reopening, buoyed by delayed EU tariffs. Bank of Japan hinted at potential rate hikes due to rising inflation, influencing market sentiment in Asia.
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