US President Trump indicated on Monday that he plans to lower tariffs on India in the future. (AI image) With US President Donald Trump hinting at a trade deal soon, Global Trade Research Initiative (GTRI) founder Ajay Srivastava says that India should push for rollback of 25% tariffs on account of Russian crude oil. Srivastava…
The initial public offering (IPO) of edtech unicorn PhysicsWallah drew a muted response on the second day of bidding, with only 10% subscription recorded so far. The Rs 3,480-crore IPO, which opened earlier this week, will close for bidding on November 13.According to data available on the National Stock Exchange (NSE) till 11:30 am on…
Nasscom highlighted concerns about geographical and sector-based disparities in the new system proposed for H-1B visa issuance. (AI image) H-1B visa overhaul: Donald Trump administration’s proposed move to replace the lottery-based system for H-1B visas with a ‘wage-weighted’ system will be disruptive, Nasscom has warned. Nasscom, the IT industry body, has sharply criticised the US…
IT stocks rallied sharply on Wednesday, buoyed by investor optimism after US President Donald Trump said the United States “needed skilled workers from abroad,” a comment seen as a potential softening of his administration’s hardline immigration tone.The upbeat sentiment lifted Tech Mahindra, which surged 3.24%, followed by Mphasis (up 2.83%), LTIMindtree (up 2.63%), TCS (up…
Gold prices edged higher on Wednesday, tracking gains in global markets amid renewed optimism that the US Federal Reserve may cut interest rates next month. On the Multi Commodity Exchange (MCX), December gold futures climbed by Rs 328, or 0.26 per cent, to Rs 1,24,241 per 10 grams, with a business turnover of 12,868 lots.The…
The upcoming 23rd India-Russia annual summit, scheduled for December, is expected to significantly advance bilateral cooperation in civil nuclear energy, with a special focus on small and modular reactors (SMRs) and greater localisation of nuclear plant equipment.Ahead of the summit, Rosatom director general Alexei Likhachev met Ajit Kumar Mohanty, director general of the department of…
The central government is set to overhaul the PM Gati Shakti governance structure by winding up the existing Network Planning Group (NPG) and replacing it with a new, centralised institution to coordinate India’s transport infrastructure strategy.The proposed body, tentatively named the GatiShakti Transport Planning and Research Organisation (GTPRO), will operate under the Cabinet Secretariat and…
As Delhi’s air quality plunged to its worst level this season, companies across sectors in the National Capital Region (NCR) have reinstated work-from-home (WFH) measures and restricted staff travel. The move follows the enforcement of Stage 3 of the Graded Response Action Plan (GRAP) from Tuesday after the city’s average Air Quality Index (AQI) crossed…
The commerce ministry’s Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping investigation into imports of a Chinese-origin rubber used primarily in the automotive industry, following a complaint from a domestic manufacturer.The investigation concerns Halo Isobutene and Isoprene Rubber, which is widely used in manufacturing inner tubes for bicycles, cars, trucks, and industrial or…
The All India Consumer Food Price Index (CFPI) saw a year-on-year inflation rate of -5.02% (Provisional) for October 2025 versus October 2024. (AI image) October retail inflation FY 2025-26: The Consumer Price Index (CPI) inflation for the month of October dropped to a 10-year low of 0.25% according to government data. This is a reduction…
