MUMBAI: RBI is expected to keep policy rates unchanged in its three-day monetary policy committee meet that starts on Monday. Most economists cite resilient growth, benign inflation and external uncertainties as reasons for a pause, even as the tone of RBI’s guidance is likely to be more dovish than the action itself. Some economists, however,…
Asian markets inched higher on Monday, lifted by Wall Street’s gains after US inflation data met expectations and eased concerns about US President Donald Trump‘s latest tariff announcements.Hong Kong’s HSI jumped 353 points or 1.35% to 26,482. Shenzhen also jumped 169 points or 1.28% to trade at 13,378 while Shanghai gained 6 points or 0.17%…
This week has several data releases, with both local and international factors influencing market direction. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Monday after a week of losses on D-street. While Nifty50 was near 24,700, BSE Sensex was up over 80 points. At 9:16…
South Korea has rejected US President Donald Trump’s claim that it will be handing over $350 billion in cash as part of a deal to cut American tariffs and is rather, looking for an alternative solution.Though Trump had earlier told reporters that the money would arrive “upfront,” Seoul’s presidential adviser on Saturday said that the…
NEW DELHI: English-language business news channel ET NOW has announced the launch of two new programmes, South Central and The Interview with Ayesha Faridi. South Central, which is to debut Monday, will highlight South India’s cultural and economic influence while The Interview with Ayesha Faridi will focus on conversations with India’s most powerful voices.The 30-minute…
Jaguar Land Rover will get backing from the UK govt for a 1.5-billion-pound ($2 billion) loan aimed at easing the strain on suppliers hit by a production halt at the carmaker that was triggered by a cyberattack.The loan, to be provided by a commercial bank and guaranteed by UK Export Finance, will be repaid over…
MUMBAI/BENGALURU: RBI has ordered Simpl, a Bengaluru-based buy-now-pay-later (BNPL) firm, to shut its payments operations with immediate effect. The platform, which works with 26,000 merchants and lets shoppers defer payments at checkout, had been running a payments system without the central bank’s blessing. Under the Payment and Settlement Systems Act of 2007, no company can…
A wide range of UN sanctions on Iran’s nuclear program, previously lifted under the 2015 nuclear deal, were reimposed late Saturday after Britain, France, and Germany triggered the agreement’s “snapback” mechanism, accusing Tehran of failing to meet its commitments.The sanctions, which directly target Iran’s nuclear and ballistic missile programs, come at a tense moment following…
The combined market valuation of India’s top-10 most valued companies shrank by Rs 2,99,661.36 crore last week, mirroring a bearish trend in equities, with IT bellwether Tata Consultancy Services (TCS) bearing the brunt.The BSE benchmark tanked 2,199.77 points or 2.66 per cent during the week, as investor sentiment was rattled by a series of domestic…
The Department of Financial Services (DFS), in collaboration with the Mediation and Conciliation Project Committee (MCPC) of the Supreme Court, has conducted a 40-hour mediation training programme for presiding officers of Debts Recovery Tribunals (DRTs) and senior executives of public sector banks.The programme, held between September 24 and 28, sought to highlight the growing importance…