Silver prices surged more than 6 per cent to Rs 2.72 lakh per kilogram in the national capital on Monday, while gold climbed nearly 1 per cent to Rs 1.58 lakh per 10 grams, supported by firm global trends and a weaker US dollar.According to local marketmen, silver rose Rs 17,000, or 6.66 per cent,…
India on Monday announced a $175 million development assistance package for Seychelles after Prime Minister Narendra Modi held wide-ranging talks with the island nation’s President Patrick Herminie, with the two sides outlining a joint vision to expand bilateral engagement across sectors. The development was announced following the Modi-Herminie meeting, which also saw the signing of…
Benchmarking its market access strategy to product sensitivity, India will grant quota-based duty concessions in the automobile sector while offering market access to alcoholic beverages under tariff reduction and minimum import price-based formulations under the trade pact with the United States, the government said on Monday, PTI reported. Under the agreement, tariffs on $30.94 billion…
US stock market at new highs (AI image) US President Donald Trump sees the US stock market doubling from here by the end of his term. Praising the first year of his second term, Trump expressed confidence that the stock market could double within the next two years after the Dow Jones Industrial Average closed…
8th Pay Commission (AI image) 8th Pay Commission news: Central government employees and pensioners have reason to cheer with the website for the 8th Pay Commission going live, seeking feedback and inputs from concerned individuals.The 8th Pay Commission was first announced in January 2025, and it was formally notified later through a Ministry of Finance…
Balancing India’s manufacturing expansion ambitions with its net zero commitments is emerging as a key structural challenge, Chief Economic Advisor (CEA) Anantha Nageswaran said, noting that the country must grow industrial capacity even as it works to lower its carbon footprint.Speaking to ANI on the sidelines of the launch of the Niti Aayog study report…
Public sector banks posted a record cumulative profit of Rs 52,603 crore in the third quarter of the current financial year, marking an 18 per cent year-on-year rise, led by strong performance from the country’s largest lender State Bank of India (SBI).All 12 public sector banks (PSBs) had posted a combined profit of Rs 44,473…
Representative image generated by AI (Gemini) In a move aimed at modernising retirement fund access, EPFO is working on a new mobile application that may allow subscribers to withdraw a portion of their EPF savings instantly through the UPI payment gateway. The app, expected to be launched around April, is part of efforts to reduce…
The Income Tax Department is likely to notify the draft Income Tax Rules, 2026 and the accompanying forms in the first week of March, Central Board of Direct Taxes (CBDT) sources told ET.The new rules are aligned with the Income Tax Act, 2025, which is scheduled to come into force from April 1, 2026, and…
The Centre on Monday said India has adopted a calibrated tariff liberalisation approach under the India-US Bilateral Trade Agreement, allowing duty elimination in phases of up to 10 years for select products while keeping highly sensitive agricultural sectors fully protected.According to a government statement as reported by ANI, agricultural market access for the United States…