NEW DELHI: Signalling a push towards further deregulation, the Council of Ministers led by PM Narendra Modi spent over four hours on Thursday taking stock of recommendations of a high-level committee led by NITI Aayog member Rajiv Gauba and reforms by ministries.The discussions happened amid a clear message from PM Modi that govt shouldn’t interfere…
NEW DELHI: Nearly two decades after a working group was formed to compile producer price index (PPI), govt Tuesday finally laid out a road map for its introduction. On June 15, govt will unveil the revised wholesale price index, with 2022-23 base, and along with it will come PPI.In five years, govt intends to phase…
The Indian rupee gained 38 paise against the US dollar in early Thursday trading, reaching 90.40. This rise came from foreign investments and likely support from the Reserve Bank of India (RBI). The currency market saw good liquidity and positive sentiment despite ongoing global tensions and oil price concerns.The rupee opened at 90.55 and quickly…
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NEW DELHI: Leader of opposition in Lok Sabha Rahul Gandhi slammed the BJP-ruled central government over falling rupee and called it “clear signs” that inflation was inevitable. He criticised the Centre’s “empty rhetoric” as the country faces economic restrain due to LPG shortage amid West Asia crisis. He claimed that petrol, diesel, and LPG prices…
Top stocks to buy (AI image) Stock market recommendations: Mehul Kothari, DVP – Technical Research at Anand Rathi Shares has chosen Narayana Hrudayalaya, Coal India, and Hyundai Motor India as the top stocks for buying today, May 13, 2026:Narayana Hrudayalaya: Inverse Head & Shoulders Breakout with Momentum StrengtheningBuy: ₹1890–₹1850 | Stop Loss: ₹1750 | Target:…
Indian economy (AI image) India’s economy will grow at a robust 7.4% in the financial year 2025-26, according to the first advanced estimates of Gross Domestic Product released by the National Statistics Office (NSO). This is much higher than the 6.5% growth in the previous financial year. Nominal GDP is expected to rise by 8.0%…
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MUMBAI: Linking Fastag with motor insurance can sharply reduce the number of uninsured vehicles and help govt recover nearly Rs 18,000 crore in GST revenue, General Insurance Council chairman and Bajaj General Insurance’s MD & CEO Tapan Singhel said. He said insurers have complete visibility of uninsured vehicles and the challenge is in enforcement. Integrating…
