This is the third consecutive month when wholesale inflation has remained over 9% NEW DELHI: Driven by softer energy prices, wholesale price index (WPI) based factory gate inflation moderated to 9.8% in July from a 27-month high of 9.9% in June, official data showed. In comparison, WPI stood at -0.8% in July last year.This is…
The report refers to a US Commerce Department estimate that goods worth $67 billion were transshipped through India, Mexico and Vietnam in 2025. (AP photo) A new US report has alleged that India is among 40 countries that are helping China evade Trump’s tariffs with the help of a shadow trans-shipment network. The White House…
Reddit surged 14.7% after it was announced that the company would be added to the S&P 500 index. US stock market today: Wall Street benchmarks were trading close to their record highs on Friday despite another unexpectedly weak economic indicator, this time showing softer retail spending.The S&P 500 inched up 0.1%, following the record close…
India has taken definitive steps to establish itself as a credible player in the global semiconductor ecosystem. With an outlay of over Rs 1.27 lakh crore India has launched the second phase of its ambitious semiconductor programme. Globally, a semiconductor supercycle is underway. If artificial intelligence is reshaping businesses world over, semiconductors are the building…
The jump comes amid strong inflows under the RBI’s forex swap measures, which have attracted over $40 billion since June. India’s foreign exchange reserves rose by $14.136 billion to $707.002 billion in the week ended August 7, according to data released by the Reserve Bank of India (RBI) on Friday.The reserves had increased by $10.512…
Stock Market Today Live: Indian shares are set for a muted start on Friday as investors balanced geopolitical risks in the Middle East against easing expectations of a US Federal Reserve rate hike next month. GIFT Nifty futures indicated a largely flat opening, with futures at 24,428 points at 7.30am IST. The Nifty 50 had…
Coriander harvested around Nashik is usually sent first to cold-storage facilities in Indore before being transported to Delhi. Dhaniya (coriander) and hari mirch (green chilli) have always been seen as the ‘freebies’ that the vendor gives when you buy vegetables. But the once-ordinary bunch of dhaniya patti has transformed from a complimentary add-on to a…
The report divided the more than 40 countries into three categories based on their economic relationship with China (representative image) The US has put India among more than 40 countries it says face risks of becoming conduits for Chinese goods seeking to avoid American tariffs, potentially adding another complication to the ongoing trade negotiations between…
Top stocks to buy today on August 14, 2026 Stock market recommendations: Amara Raja Energy & Mobility, Indian Bank, and Kfin Technologies have been recommended by Hitesh Rathi, Technical Analyst (Equity & Derivatives) at Angel One as the top stocks to buy on August 14, 2026:Buy Amara Raja Energy & Mobility at Rs 945-940; Stop…
Gold and silver prices remain in focus as investors assess the next move in precious metals after gold’s sharp rally and subsequent pullback. Gold prices fell on Friday as traders locked in profits following bullion’s climb to an over two-month high on Thursday. Spot gold was down 0.5% at $4,330.37 per ounce by 0103 GMT,…
Chandrasekaran announced his decision to step down as Tata Sons Chairman on August 12 MUMBAI: The Sir Dorabji Tata Trust decided at its Thursday board meeting that it cannot jointly nominate a representative with Sir Ratan Tata Trust (SRTT) for Tata Sons’ Aug 18 annual general meeting because of the regulatory ban on SRTT –…
Higher incentives weighed on profitability, with variable marketing expenses rising to 7.1% from 4.1%. NEW DELHI: Tata Motors Passenger Vehicles (TMPV) saw profit collapse in the June quarter as weakness at Jaguar Land Rover (JLR) and rising input costs overshadowed a sharp expansion in its domestic business.Consolidated net profit fell 80.3% y-o-y to Rs 775…
If commissions drop to the extent that distribution is not viable, industry officials say that sale of credit protection covers may drop. MUMBAI: The insurance regulator Irdai is considering an effort-based commission framework linking distributor payouts to selling and servicing effort, but life insurers fear lower commissions for group and embedded products could shrink coverage…
Export of oil products soared 67.6% to $6.9 billion on the back of strong demand from several Asian countries NEW DELHI: India’s goods exports rose at its fastest pace in over four years, rising 19.5% to $44.2 billion in July, while imports were 17.4% higher at $76.2 billion, resulting in a trade deficit of $32…
Tata Trusts said Chandrasekaran emailed its nominee directors, Noel and vice-chairman Venu Srinivasan, on Aug 12 MUMBAI: Setting in motion the process of finding the next chairman of Tata Sons, majority stakeholder Tata Trusts issued a statement on Thursday saying it “respects” N Chandrasekaran’s decision not to offer himself for reappointment. Trusts control over 51.4%…
Wholesale prices in the US cooled in July, offering a welcome sign that inflation may be losing some momentum as lower energy costs helped ease price pressures.Data released by the labor department showed that the producer price index (PPI), which tracks prices received by producers before they reach consumers, increased 4.7% from a year earlier…
Government plans processing parks in 4 states India’s critical mineral roadmap is advancing, with the government set to establish four dedicated critical mineral processing parks in Gujarat, Maharashtra, Andhra Pradesh and Odisha. The initial focus will be on building domestic processing capacity for lithium and nickel, mines secretary Keshav Chandra said on Thursday.The proposed parks…
The latest wholesale inflation figures, coming a day after softer consumer inflation data, have reduced expectations of an imminent rate hike. US stock market today: Wall Street benchmarks moved closer to record territory on Thursday after fresh data suggested inflationary pressures continued to ease. Markets also found support from another decline in oil prices, extending…
A sharp cut in Russian crude imports could raise India’s oil import bill, disrupt refinery operations. With Russia’s share in India’s oil imports progressively climbing up, any abrupt shift away from Moscow’s crude appears unlikely in wake of the fresh Trump tariff threat emerging from the US, says Global Trade Research Initiative (GTRI) in its…
For IT professionals, the path to higher salaries is changing. The Indian IT sector is in the midst of an employment flux – hiring, firing, and increment trends are fast changing. The advent of artificial intelligence has rendered some roles redundant while also introducing newer job positions for specialised talent.The phase is marked by slower…
