Business
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India terminates transshipment facility for Bangladesh cargo
New Delhi: India has withdrawn the transshipment facility extended to Bangladesh for sending its export cargoes to other countries through Indian territory. A circular issued by the Central Board of Indirect Taxes…
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RBI to issue new guidelines for gold loans
Mumbai: RBI Governor Sanjay Malhotra announced on Wednesday that it has been decided to issue comprehensive regulations on prudential norms and conduct-related aspects for gold loans following concerns raised over the issue.…
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Sensex, Nifty open lower ahead of RBI MPC decisions as tariff threats get deeper
Mumbai: Indian equity indices opened in the red on Wednesday, following its global peers, as US President Donald Trump threatened reciprocal tariffs on the global pharmaceutical sector. Ahead of the RBI monetary…
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Rupee plunges 30 paise to 86.56 against US dollar in early trade
Mumbai: The rupee lost further ground on the fourth straight session, declining sharply by 30 paise to 86.56 against the US dollar in early trade on Wednesday ahead of the Reserve Bank’s…
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Trump’s latest round of tariffs poised to go into effect. Here’s what we know
New York: President Donald Trump has launched tariff wars with nearly all of America’s trading partners. And there’s no end in sight. A number of sweeping new taxes on goods from other…
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FM Nirmala Sitharaman chairs India-UK Investor Roundtable in London
London: Finance Minister Nirmala Sitharaman has chaired an India-UK Investor Roundtable in London, attracting around 60 UK investors representing various pension funds, insurance companies, banks and other financial institutions. According to the…
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1,000 Mudra loans get sanctioned by the time you receive your delivery app order: PM
New Delhi: Prime Minister Narendra Modi on Tuesday said that by the time a person finishes watching one episode on an OTT platform, the foundation for 5,000 new Pradhan Mantri Mudra Yojana…
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Slot booking in 22 Telangana sub-registrar offices to begin on April 10
Hyderabad: In a bid to reduce the time taken for land registrations, the Telangana government will introduce a slot booking system as a pilot project in 22 sub-registrar offices across the state…
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Rupee volatility to have low impact on credit profiles of Indian firms: Report
Mumbai: Despite recent volatility in the Indian rupee against the US dollar, the overall credit profiles of Indian companies are expected to remain stable, a report said on Tuesday. While some sectors…
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SEBI fines Reliance Securities Rs 7 lakh for violating stockbroker rules
Mumbai: The Securities and Exchange Board of India (SEBI) on Monday imposed a fine of Rs 7 lakh on Reliance Securities Limited for not following stockbroker regulations. According to SEBI’s order, the…
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Sensex opens over 1,000 points up amid heightened global uncertainty
Mumbai: Indian frontline indices opened in the green on Tuesday as heavyweights like Titan, Tata Steel and Adani Ports lifted the market sentiment despite global uncertainty amid US tariffs. As of 9:21…
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US tariffs: Gold, crude oil prices tumble amid global uncertainty
New Delhi: The effect of the newly announced reciprocal tariffs by US President Donald Trump is now being felt in the global commodity markets, with sharp declines seen in the prices of…