As the Union Budget 2026 is drawing closer, India’s precious metal refiners are have laid out their expecations from the finance minister. The sector is seeking relief from the current duty structure that favours importers as compared to local refiners, through free trade agreements. MMTC-PAMP managing director and CEO Samit Guha the duty gap has…
NEW DELHI: India’s first final assembly line (FAL) for commercial fixed-wing aircraft could come up in either Gujarat’s Dholera or Andhra’s Bhogapuram.Adani Group’s upcoming JV (joint venture) FAL with Brazilian regional aircraft major Embraer is being aggressively wooed by both states that are implementing ambitious aerospace plans for these two places. India is looking at…
Taj Mahal, Agra (File photo) MUMBAI: As the Union Budget 2026 approaches, stakeholders across India’s travel, tourism and hospitality sectors are seeking policy continuity, improved financing frameworks and measures to stimulate consumer spending. While domestic travel demand has remained resilient, foreign tourist arrivals are still below earlier peak levels, prompting industry leaders to look to…
MUMBAI: Payments infrastructure startup Juspay has raised a fresh $50 million in funding from new investor WestBridge Capital at a valuation of $1.2 billion, becoming the first unicorn of the year. The investment includes a mix of primary and secondary transactions, the company said in a statement on Friday. In a secondary deal, a firm’s…
The Union Budget 2026 may maintain the fiscal deficit at 4.4% of GDP in FY27, according to Nuvama, as the economy shows fragile momentum. The government might focus on deregulation and disinvestments to support growth, rather than fiscal expansion, with a continued emphasis on sectors like semiconductors and AI. As the Budget 2026 approaches, the…
The Adani Group has rejected the allegations as unfounded and said it will take all legal steps available to defend its position. Adani Group stocks today: Shares of several Adani Group companies including Adani Green, Adani Enterprises, Adani Energy and Adani Ports have dropped by up to 10% after the US Securities and Exchange Commission…
Gold’s intraday technical structure has turned constructive, supported by EMA crossover, improving RSI, and a positive MACD setup. (AI image) Gold price prediction today: Gold’s intraday construct is positive and investors can look to buy on dips, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold futures on MCX are trading near…
US President Donald Trump, on Friday, hailed TikTok’s new deal and thanked Chinese President Xi Jinping for approving to “save” the platform. Under the new agreement, the short video platform will be operated through a majority American-owned joint venture.“I am so happy to have helped in saving TikTok! It will now be owned by a…
While gold carries immense emotional and cultural significance, in its idle form it contributes little to economic activity. (AI image) By Shaji VargheseIndia stands at a pivotal juncture where inclusive growth must extend beyond metros to Tier-2, Tier-3, and rural economies. One powerful yet underutilised lever in this journey is household gold. In recent years,…
Stock market today: Indian equity benchmarks, Nifty50 and BSE Sensex, opened flat in trade on Friday. While Nifty50 was near 25,250, BSE Sensex was down 50 points. At 9:17 AM, Nifty50 was trading at 25,263.15, down 27 points or 0.11%. BSE Sensex was at 82,257.49, down 50 points or 0.061%.Analysts are of the view that…
