India and the United States released a joint statement on Saturday, announcing the framework for an interim trade agreement. Under the newly announced trade pact, tariffs on Indian goods will drop from 50% to 18%. “The US and India are pleased to announce that they have reached a framework for an Interim Agreement regarding reciprocal…
NEW DELHI: The Directorate General of Foreign Trade (DGFT) on Wednesday unveiled the first component of the six-year Export Promotion Mission – the Rs 4,531-crore market access support (MAS) for exporters to diversify into new product categories and new markets such as Latin America and Africa, with a special emphasis on MSMEs. This is the…
Zohran Mamdani is set to begin a new mayoral term after a historic election that gave him the highest vote count for a New York City mayor in 60 years. After winning with a campaign focused on working-class issues, he now faces the challenge of delivering on his promises as living costs remain at record…
US stocks opened higher on Friday, keeping Wall Street close to record levels as the first week of the quarterly earnings season drew to a close, supported by selective bank results and a rebound in oil prices.In early trade, the S&P 500 rose 0.3 per cent, while the Dow Jones Industrial Average added 116 points,…
Markets regulator Sebi has introduced a new turnover-linked framework to define what qualifies as a material related party transaction (RPT), shifting from a fixed cap-based approach in a bid to resolve ambiguities and streamline compliance under the Listing Obligations and Disclosure Requirements (LODR) norms.The regulator has also revised audit committee approval thresholds for RPTs executed…
MUMBAI: Nearly three years after splitting from its Silicon Valley parent Sequoia Capital, Peak XV Partners (formerly Sequoia Capital India and Southeast Asia) has raised $1.3 billion for a clutch of funds to bet on startup founders building in India and the broader APAC region. The capital will be deployed across three funds–India seed, India…
Union minister Nitin Gadkari speaks in Lok Sabha (ANI) NEW DELHI: On an average, 485 people died in road crashes every day in 2024, with total fatalities reaching 1.77 lakh, according to road transport ministry told Lok Sabha on Thursday. National Highways (NHs), which account for barely 2% of India’s road network, recorded 54,443 fatalities…
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting January 5, 2026) are Max Financials, and Kotak Mahindra Bank. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) Max Financials 1674 2100 25% Kotak Mahindra Bank 2190…
Stock market today (AI image) Stock market today: Equity benchmarks opened flat on Friday after a crash on Thursday due to escalating geopolitical tensions. While Nifty50 was above 25,450, BSE Sensex was near 82,500. At 9:17 AM, Nifty50 was trading at 25,471.70, up 17 points or 0.068%. BSE Sensex was trading at 82,505.86, up 8…
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