India’s fiscal space is tightening as recent tax cuts weigh on revenue growth, leaving the government with less room to support the economy through policy measures, Moody’s Ratings said on Tuesday, according to PTI. The global agency flagged that lower collections in the current financial year have added pressure on the fiscal consolidation path.Speaking at…
The commerce ministry has begun a detailed mapping of mandatory and voluntary non-tariff measures across major global markets as part of a new effort to strengthen export quality and technical compliance.In a note, the Directorate General of Foreign Trade (DGFT) said it is compiling a database of regulatory requirements — including certifications, testing protocols, inspections,…
Kyrgyzstan has arrested the Chinese chief executive of a gold mining company accused of causing “large-scale” environmental damage, marking a sharp escalation in local scrutiny of Chinese investment in the Central Asian nation.The Chinese national, who heads Kemin Resource Group, was detained last Thursday for allegedly damaging thousands of square metres of land and providing…
Alibaba reported a stronger September quarter on Tuesday, buoyed by the blockbuster launch of its redesigned Qwen AI app and a sharp pickup in cloud-computing revenue, even as net profit fell sharply.The Chinese tech major said revenue for the three months ended September 30 rose 5% year-on-year to 247.8 billion yuan ($35 billion), ahead of…
Today’s newswrap highlights fiery political statements, a landmark temple ceremony, and cricket drama. Prime Minister Narendra Modi hoisted the saffron Dharma Dhwaj atop the Ram Temple, declaring that centuries of pain had finally been addressed. Assam CM Himanta Biswa Sarma called singer Zubeen Garg’s death a “plain murder,” hinting at a shocking motive. Bengal CM…
File photo: Air India chief executive Campbell Wilson (Picture credit: PTI) Air India is set to roll out a major refresh of its aircraft, cabins and lounges as part of a wider push to win back passengers after the tragic June crash that killed 260 people. The Tata-owned airline, which has been working on a…
Derivatives metrics show rising bearish positioning followed by a sharp reduction in open interest, while price recovery hints at early squeeze dynamics. Source link
‘Congratulations India for restoring important civilizational symbol’: Israeli Ambassador on Ayodhya Dhwajarohan ceremony NEW DELHI: Reuven Azar, Israeli Ambassador to India, extended greetings on the Dhwajarohan ceremony in Ayodhya of the Ram Mandir and called it an important civilizational symbol.He also shared pictures from his visit to the temple during its construction. Decoding Ayodhya’s Dharma…
Check out the companies making headlines in after-hours trading. Zoom Communications — The work services stock jumped almost 4% after posting stronger-than-expected third-quarter earnings and upbeat full-year guidance. Zoom earned $1.52 per share excluding items on $1.23 billion in revenue, while analysts polled by LSEG penciled in $1.44 a share and $1.21 billion, respectively. The…
