India’s dependence on coking coal is expected to grow considerably over the next five years, as the nation pushes towards its ambitious goal of 300 million tonnes (MT) of steel production capacity by 2030, according to a new report by EY Parthenon in partnership with the Indian Steel Association (ISA).As per news agency ANI, the…
Representative image (Picture credit: AP) Asian stock markets climbed strongly on Friday, extending a rally that has lifted Wall Street to fresh records, as investors grew confident the US Federal Reserve will deliver an interest rate cut next week. At the same time, oil prices slipped amid signs of softer demand and rising global supply.The…
More than two weeks after Beijing announced easing restrictions on rare earth exports, supplies of critical magnets from China are yet to resume, leaving Indian automakers and component suppliers struggling to manage the shortfall on a day-to-day basis. Industry executives expressed concern that while high-level talks are underway between the two countries, the situation on…
Donald Trump offered detained South Korean workers a chance to stay US President Donald Trump had offered hundreds of South Korean workers arrested during a Georgia immigration raid the opportunity to remain in the United States but nearly all opted to return home, South Korean officials said on Thursday. As per news agency Reuters, only…
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, the top stock picks for September 12, 2025 are Reliance Industries, and Persistent Systems. Here’s its view on Nifty and Bank Nifty:Index View: NIFTYBenchmark indices exhibited a range-bound yet upwardly biased price action during the week, underpinned by renewed optimism surrounding…
India moves to boost high-grade steel production to reduce import dependence; Kumaraswamy assures ‘all necessary support’ India is stepping up efforts to manufacture specialised high-grade steel for the automobile sector in order to cut down reliance on imports, Union minister for steel and heavy industries H D Kumaraswamy said on Thursday.Speaking at the annual convention…
JioBlackRock Mutual Fund on Thursday announced the launch of its first active equity product, JioBlackRock FlexiCap Fund, on September 23, while indicating that three to four more active equity schemes could be rolled out during the current fiscal.“This is our first active equity fund. Three or four other active equity funds are in the pipeline,…
MUMBAI: In its bid to push e-commerce exports and open up the global market for scores of small and medium sellers, the govt is set to begin consultations with the industry to draw a framework for allowing inventory based model for e-commerce exports.While there have been growing calls from the industry to open up the…
MUMBAI: The rupee closed weaker on Thursday, settling at 88.44 against the dollar, compared with 88.10 in the previous session, marking a fresh record low. The currency opened at 88.12, touched a high of 88.09 and a low of 88.45 during the day, slipping past its earlier low of 88.36 hit last week.The decline comes…
NEW DELHI: Sergio Gor, US President Donald Trump’s nominee to be the next US Ambassador to India, on Thursday described India as “a strategic partner, whose trajectory will shape the region and beyond.”“India is a strategic partner whose trajectory will shape the region and beyond. Under President Donald Trump’s strong leadership, I’m committed to advancing…