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Commerce and industry minister Piyush Goyal on Wednesday said that negotiations for the India-European Union (EU) free trade agreement are advancing in a positive direction, with a rough outline of the pact already prepared. He emphasised that both sides are committed to an early conclusion of the deal. “Ek free trade agreement ki motee-motee roop…
The India VIX, often referred to as the market’s fear gauge, crossed the 15 mark on Tuesday, its highest level in the last six months, signalling a rise in near-term volatility expectations. Unlike the Nifty 50 or the Sensex, which track stock price movements, the India VIX measures the cost of hedging market risk. It…
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Morgan Stanley expects bitcoin to reach U.S. bank balance sheets, though key hurdles remain, according to Amy Oldenburg, the bank’s head of digital asset strategy. Speaking at the Bitcoin Conference in Las Vegas, Oldenburg, who was appointed new head of digital-asset strategy this year, outlined how the firm is laying the groundwork for the expansion…
TOI correspondent from London: Fugitive economic offender Vijay Mally still knows how to party, despite being declared bankrupt in Britain and being swamped in dozens of legal battles in the UK and in India.His bromance with IPL founder Lalit Modi (63), who also lives in the UK, has reached new heights. Lalit hosted a big…
PUNE: After several flip flops and a series of meetings with different parties, both NCP groups finally on Monday announced their tie-up for Pune municipal corporation and Pimpri Chinchwad municipal corporation polls scheduled for Jan 15. However, candidates will contest on their respective party symbols.An undivided NCP held office in PMC from 2007 to 2017,…
Quad slams Red Fort blast, says bring culprits to justice NEW DELHI: Even as uncertainty looms over the Quad summit, the grouping held a meeting of its counterterrorism working group and unequivocally condemned terrorism in all its forms and manifestations, including cross-border terrorism.In a joint statement, the members also expressed their condolences for the “heinous…
