BUSINESS

FOMC meeting: Jerome Powell-led US Fed cuts rate by 25 basis points; notes moderation in economic growth, job gains

The US Federal Reserve, led by Jerome Powell, has announced a 25 basis points rate cut, setting the federal funds…

6 months ago

No longer ‘uninvestable’! Shanghai index hits decade high; foreign investors eye China’s stock markets again as AI, tariff truce boost confidence

Global investors are showing renewed interest in China's stock markets. They are focusing on AI, semiconductors, and biotech sectors. A…

6 months ago

Payment rules: RBI issues final guidelines for aggregators, sets capital norms and cross-border limits

The Reserve Bank of India (RBI) has introduced final guidelines to regulate payment aggregators, effective immediately. These guidelines classify aggregators…

6 months ago

US tariff shield: Export promotion mission heads to Cabinet, Rs 25,000 crore support on table

The Indian government's Export Promotion Mission, aimed at protecting exporters from global trade shocks, is nearing Union Cabinet approval after…

6 months ago

NTPC clean energy push: Power giant explores nuclear ventures; standalone and JV routes on table

NTPC is gearing up to establish nuclear power projects. These projects will be through collaborations and independently. NTPC is partnering…

6 months ago

Aviation MRO challenge: AIESL seeks access to proprietary manuals for component overhaul; eyes strategic partners

AIESL is seeking partnerships to secure crucial intellectual property, like aircraft manuals, essential for advanced MRO services. Post-Air India separation,…

6 months ago

GST revamp: Goods and services tax not applicable on these post-sale discounts; here is what experts say

The Central Board of Indirect Taxes and Customs provides clarity on Goods and Services Tax. GST will not apply to…

6 months ago

Chinese auto market: Govt unveils plan to ‘stabilise’ sector; emphasis on ‘cost surveys and price monitoring’

China has introduced a two-year plan to stabilize its car industry amidst price wars and trade tensions. The initiative, spearheaded…

6 months ago

Market watch: India’s equity valuations dip below long-term averages; but stay elevated versus peers

Indian equity valuations, while slightly below historical averages, remain expensive compared to regional peers amid slowing earnings growth. This has…

6 months ago

‘Impose meaningful tariffs on China, India’ – US Treasury urges EU, G7; says purchases of Russian oil funding war machine

The US Treasury is pushing G7 and EU partners to impose tariffs on Chinese and Indian imports of Russian oil,…

6 months ago