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Business
Shoppers Scrutinize Spending as Inflation Impacts Consumer Behavior
MUMBAI: Indian consumers are tightening their belts as rising prices and inflation take a toll on spending habits. With the festive season underway, many are cutting back on non-essential purchases…
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Business
US Trade Representative: India-US Trade Deal Not Expected Soon, Modi and Trump May Discuss Again
The India-US trade agreement negotiations are progressing but remain unresolved, according to United States Trade Representative Jamieson Greer. He stated that discussions are ongoing, with Prime Minister Narendra Modi and…
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Business
Dollar Reaches 17-Month Peak: Greenback on Track for Three-Week Winning Streak
The US dollar reached a 17-month high on Friday, marking its third consecutive week of gains. This surge is attributed to a global bond sell-off that has driven borrowing costs…
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Business
Homebuyer Receives Tax Relief from ITAT Kolkata After Upfront Payment for Property Amid Rising Circle Value
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) has ruled in favor of a homebuyer facing a tax notice due to increased stamp duty on a property purchase.…
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Business
Anthropic’s AI Dilemma: The Potential Risks of Advancing Powerful Systems for Humanity
Anthropic is preparing for a potentially historic initial public offering (IPO), aiming for a valuation of $2 trillion. The San Francisco-based artificial intelligence company has released a prospectus that devotes…
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Business
Nitin Gadkari’s Ministry Supports IIT’s Innovative Waste Plastic Technology for National Highway Construction
In a pioneering effort, the Road Transport Ministry, led by Nitin Gadkari, has utilized waste plastic in a wet mix with bitumen to construct a section of a national highway.…
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Business
Challenges Confronting Noel Tata and Unlisted Tata Sons
MUMBAI: Noel Tata’s initiative to maintain Tata Sons as a private entity faces significant challenges, primarily from the Reserve Bank of India (RBI). The chairman of Tata Trusts has proposed…
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Business
Oil Prices Remain Elevated Above $103 as Trump Rejects Iran Sanctions Relief
Oil prices rose on Wednesday, surpassing $103 per barrel amid renewed uncertainty regarding the U.S. approach to Iran. This uptick followed U.S. President Donald Trump’s dismissal of reports suggesting that…
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Business
Anthropic Aims for $2 Trillion Valuation Amid Significant Spending and Losses
Anthropic is targeting a valuation exceeding $2 trillion as it embarks on an ambitious spending plan of $518 billion for cloud computing and infrastructure over the coming years. The company’s…
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Business
Growing Popularity of PPF: Investment Trends in India
Indians are increasingly turning to equity investments, yet small savings schemes remain a crucial part of their financial portfolios. Popular options like the Public Provident Fund (PPF), Sukanya Samriddhi Yojana…
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Business
Bank of America Predicts RBI Repo Rate Increase of 100 Basis Points by Mid-2027
The Reserve Bank of India (RBI) is projected to increase interest rates by 100 basis points through the first half of 2027, according to a report from Bank of America…
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Business
New CAFE-III Fuel Efficiency Regulations: Implications for Electric Vehicles, Hybrids, and Compact Cars
India’s passenger vehicle industry is preparing for a new fuel-efficiency regime as the government has announced the Corporate Average Fuel Economy (CAFE-III) norms. These regulations will take effect from April…
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Business
October Bank Holidays: State-by-State Guide to Bank Closures
Bank branches across India will observe multiple holidays in October, impacting customer access. Customers planning to visit their local branches should be aware of varying regional holidays and the scheduled…
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Business
Nitin Gadkari Announces Development of Flex-Fuel Engines for 100% Ethanol as India Advances Alternative Fuel Initiatives
After the introduction of E20 petrol for vehicles, India is now focusing on the development of flex-fuel engines that can run entirely on ethanol or E100. Road Transport and Highways…
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Business
Delhi’s Intelligent Traffic Management System: A Game Changer for Commuters
Delhi’s traffic management is set for a major overhaul with the Centre’s approval of a ₹1,789.52-crore Intelligent Traffic Management System (ITMS). This initiative aims to integrate traffic signals, enforcement, emergency…
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