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Sensex, Nifty open lower ahead of RBI MPC decisions as tariff threats get deeper

Apr 9, 2025

Mumbai, April 9 (IANS) Indian equity indices opened in the red on Wednesday, following its global peers, as US President Donald Trump threatened reciprocal tariffs on the global pharmaceutical sector.Ahead of the RBI monetary police committee (MPC) decisions — where a 25 bps repo rate cut is likely along with the stance shifting to 'accommodative'…

India offers a compelling growth opportunity for foreign banks: FM Sitharaman

Apr 9, 2025

New Delhi, April 9 (IANS) India offers a compelling growth opportunity for foreign banks and the government is actively encouraging foreign investment in the banking sector, Union Finance Minister Nirmala Sitharaman has stressed.Addressing…

Business

Component PLI to further boost electronics exports, generate jobs

Apr 9, 2025

New Delhi, April 9 (IANS) As smartphone exports surpassed Rs 2 lakh crore in FY25, with iPhones alone accounting for approximately Rs 1.5 lakh crore, the IT Ministry has notified the Rs 22,919 crore Electronics Components Manufacturing…

Business

Prez Trump warns reprieve for pharmaceuticals, major Indian export, to end ‘shortly’

Apr 9, 2025

New York, April 9 (IANS) US President Donald Trump has warned that the reprieve for pharmaceuticals – a major Indian export – from his repressive retaliatory tariffs would end soon.“We're going to be announcing very shortly a major tariff…

Business

Discover a Hidden Gem in Greater Noida: A Cozy Café Serving Delectable Asian and European Cuisine

Apr 8, 2025

Greater Noida may not always be the first place that comes to mind when thinking of romantic cafés or family brunch spots

Business

PLI push: India’s smartphone exports cross Rs 2 lakh crore for 1st time in FY25

Apr 8, 2025

New Delhi, April 8 (IANS) India's smartphone exports touched a new milestone in the financial year 2024-25 (FY25), as it crossed Rs 2 lakh crore for the first time, Union Minister for Electronics and IT, Ashwini Vaishnaw, said on…

Business

RBI’s monetary policy easing likely to support 10.8 pc growth in credit in FY 2026: Report

Apr 8, 2025

Mumbai, April 8 (IANS) Measures taken by the Reserve Bank of India (RBI) to ease the monetary policy in recent months are expected to support a year-on-year credit expansion of around 10.8 per cent at Rs 19 lakh crore to Rs 20.5 lakh crore…

Business

Tata Motors’ global wholesales dip 3 pc in Jan-March

Apr 8, 2025

Mumbai, April 8 (IANS) Tata Motors on Tuesday reported a 3 per cent decline in its global wholesales for the March quarter (Q4 FY25), even as its luxury car unit Jaguar Land Rover (JLR) registered a slight increase in sales.The total…

Business

Tariff war: Korean won dips to lowest level since 2008 global financial crisis

Apr 8, 2025

Seoul, April 8 (IANS) The South Korean currency weakened markedly against the US dollar on Tuesday to reach the lowest level in over 16 years amid deepening concerns about the impact of the Donald Trump administration's sweeping tariff plan…

Business

Apple may export more iPhones from India amid global uncertainties: Report

Apr 8, 2025

New Delhi, April 8 (IANS) Tech giant Apple is planning to increase its iPhone exports from India to the United States in an effort to avoid the high tariffs placed on Chinese goods.The US tech giant is considering this move as a temporary…

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