Business

Infosys co-founder Nandan Nilekani is expected to lead a new task force focused on digitising and decentralising India’s power sector, according to officials familiar with the matter.If formalised, this will mark the second time the government has sought Nilekani’s expertise to shape reforms in the power domain.The proposed task force will operate under the Ministry…

For India, a primary concern revolves around the process by which the US will reduce duties. (AI image) India-US trade deal: With the Narendra Modi government and Donald Trump administration working to seal the first phase of the bilateral trade agreement at the earliest, India wants assurance that no further tariffs will be imposed.On April…

Oil prices steadied on Wednesday following a sharp surge the previous day, triggered by fears of escalating US involvement in the ongoing Israel-Iran conflict. The spike came after US President Donald Trump issued aggressive statements demanding Iran’s “unconditional surrender” and suggesting possible support for Israeli strikes on Iranian nuclear and military sites.As Iran and Israel…

24 Karat gold price could remain subdued in the near term amid lack of fresh demand cues in global markets. (AI image) Gold price prediction today: Gold rates have been in focus for the last few days due to increased safe haven demand amidst the escalating Iran-Israel conflict. All eyes this week will be on…

F&O contracts expiry: NSE gets Tuesday, BSE Thursday MUMBAi: Markets regulator Sebi has allowed NSE and BSE to finalise settlement days for equity F&O contracts on their platforms with Tuesday for NSE and Thursday for BSE, the bourses said. The changed expiry days will be effective Sept 1, meaning all new equity derivatives contracts that…

Honeywell’s India biz set to top $1bn BENGALURU: Honeywell’s India business is set to enter the $1-billion revenue club in 2025, up from $900 million, fuelled by the convergence of 5G, cloud, and AI.“India provides an opportunity to grow at double digits over the next several years for companies like us. It’s one of our…

Mumbai: Sebi on Tuesday banned Sanjiv Bhasin, a well-known expert on stock markets with a huge following on various social media platforms, for making illegal gains while recommending stocks. The market regulator also ordered Bhasin and his associates to disgorge Rs 11.4 crore illegal gains. Source link

China’s President Xi Jinping on Tuesday US President Donald Trump’s tariff imposition and said that the protectionist approach was “bound to harm others and oneself”.“Tariff wars and trade wars have no winners. Unilateralism, protectionism and hegemonism are bound to harm others and oneself,” AFP quoted Xi saying, citing state media Xinhua.He was speaking at the…

NAGPUR: A Delhi-bound IndiGo flight with 157 passengers on board made an emergency landing in Nagpur Tuesday after receiving a bomb threat, reports Shishir Arya. The flight, which originated from Muscat, was on its way to Delhi after its scheduled stop in Kochi.After a thorough scanning at Nagpur, the threat was declared a hoax. Apart…

The Competition Commission of India (CCI) on Tuesday approved Mahindra & Mahindra’s proposal to acquire 58.96 % of commercial‑vehicle maker SML Isuzu for Rs 555 crore, clearing the way for a wider takeover bid under Sebi rules.“The proposed combination relates to acquisition of SML Isuzu Ltd (Target) by Mahindra and Mahindra Ltd (acquirer),” CCI said…