A low inflation environment, characterised by low core inflation, primarily provided policy space. (AI image) By Dipti DeshpandeAfter a five-month pause, the Monetary Policy Committee (MPC) of the Reserve Bank of India reduced the repo rate again.This action was complemented by additional liquidity-easing measures aimed at speeding up transmission to the real economy at a…
India’s defence aviation is set for a major boost, as Tata Advanced Systems and Lockheed Martin begin a dedicated Maintenance, Repair and Overhaul (MRO) facility for the C-130J Super Hercules aircraft. The groundbreaking, that took place in Bengaluru on Monday, marks the latest expansion in the two companies’ long-running industrial ties.The ceremony was attended by…
Bihar CM Nitish Kuma with his son Nishant Kumar (File photo) NEW DELHI: Posters urging Nishant Kumar, son of Bihar chief minister and Janata Dal (United) president Nitish Kumar, to lead the party appeared outside the JD(U) office in Patna on Monday, days after the ruling National Democratic Alliance’s (NDA) landslide win in the Bihar…
Farcaster will now center its roadmap around its in-app wallet and trading features as the key product area to show sustained traction after years of stalled social growth. Cofounder Dan Romero said in a series of posts over the weekend Romero said the team spent 4.5 years pursuing a social-first strategy but never achieved a…
In an era where global powers are flexing their nuclear muscles and dormant arsenals hum with renewed urgency, India stands at a perilous crossroads: should it reignite the fire of nuclear testing to assert its strategic sovereignty, or maintain the delicate restraint that has balanced diplomacy and deterrence for decades? The shadow of India’s 1998…
China ended November with a historic milestone, recording an annual trade surplus of more than $1 trillion for the first time. Official figures released on Monday show that booming exports to markets outside the United States more than compensated for shrinking US demand.The breakthrough came only weeks after Presidents Xi Jinping and Donald Trump negotiated…
When people tell me about their stock market disasters, the story is almost always familiar. It’s rare, “I bought a solid company at a sensible price, held it for years, and it went to zero.” What I usually hear is closer to, “I bought stock based on this story… this penny stock… this F&O trade…
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Flight disruptions continued on Monday (PTI image) NEW DELHI: IndiGo’s operational crisis entered its seventh consecutive day on Monday, with more than 400 large-scale flight cancellations continuing across major airports, leaving thousands of passengers stranded nationwide.Meanwhile, the Supreme Court has declined to hear a plea seeking judicial intervention in the cancellation of hundreds of flights,…
Goldman Sachs has a buy on Maruti Suzuki with the target price at Rs 19,000. Analysts said that for the auto major small car elasticity, Product cycle inflection and addition to the global financial services major’s APAC conviction list are some of the strong positives. They believe post GST-cuts, elasticity for small cars is favourable…
