President Donald Trump arrives aboard Air Force One at Joint Base Andrews, Md., on Thursday, Jan. 22, 2026, after returning from the World Economic Forum in Davos. (AP Photo) TOI correspondent from Washington: US President Donald Trump threatened to impose a 100 per cent tax on Canada if it strikes a trade deal with China,…
The Trump administration has quietly expanded the scope for government-backed mortgage giants Fannie Mae and Freddie Mac to buy far more mortgage bonds than previously allowed, a move aimed at lowering home loan rates but one that has revived concerns about financial risk and policy overreach.According to an internal email obtained by the Associated Press,…
European Commission President Ursula von der Leyen arrived in New Delhi on Friday, beginning a four-day visit aimed at firming up a series of big-ticket initiatives to expand India–European Union ties, PTI reported.Von der Leyen’s visit comes ahead of summit talks between India and the EU, with President of the European Council Antonio Costa and…
Trump and Carney (File photo) US President Donald Trump on Saturday warned Canada and its Prime Minister Mark Carney over making any deals with China. Refering to Carney as “governor”, he said that US will impose 100 per cent tariffs if Canada makes any such deals.“If Governor Carney thinks he is going to make Canada…
India’s residential real estate market moved into a phase of normalisation in 2025, with housing sales moderating from elevated levels even as prices stayed firm, reflecting a more disciplined and resilient market structure, according to a report by digital real estate transaction and advisory platform PropTiger.Across the top eight cities, all-India residential sales declined 12%…
Realtors’ apex body CREDAI has urged the government to launch a National Rental Housing Mission in the upcoming Union Budget, proposing fiscal incentives for developers and tax relief for tenants to boost the underdeveloped organised rental housing market.In its Budget wishlist, CREDAI said rapid urbanisation and rising migrant inflows have sharply increased demand for rental…
The National Stock Exchange (NSE) has set up an investor awareness pavilion at the 49th International Kolkata Book Fair, stepping up its outreach efforts to promote financial literacy and informed investing among the public.The pavilion, which opened on January 22, will remain operational for 14 days at Boimela Prangan in Bidhannagar, NSE said in a…
Each year, the Union Budget draws the nation’s attention as it defines the country’s economic direction for the new financial year. As Finance Minister wields the fiscal scalpel, focussed on tax rates, rebalancing expenditure, and setting priorities, every Indian household, business and policymaker watches keenly to understand what they will gain or lose.Past budgets have…
MUMBAI: Kotak Mahindra Bank reported a standalone net profit of Rs 3,446 crore for the quarter ended Dec 31, 2025, up 4.3% from Rs 3,305 crore a year earlier, supported by growth in net interest income and other income. On a consolidated basis, net profit stood at Rs 4,924 crore, a 5% increase from Rs…
European Union vice-president, Kaja Kallas, arrived in New Delhi on Saturday, marking her first official visit to India. The visit comes amid intensified diplomatic engagement between India and the EU.MEA spokesperson Randhir Jaiswal welcomed the official in a post on X, saying the visit builds on regular high-level engagements and comes at a timely moment…
Capital markets regulator Sebi has cleared initial public offering plans of 12 companies, according to a regulatory update released on Friday.These firms are Hella Infra Market, the parent company of construction-tech platform Infra.Market, Purple Style Labs, Jay Jagdamba Ltd, UKB Electronics, CMR Green Technologies, Transline Technologies, Medicap Healthcare, Oswal Cables, BVG India, Sai Parenteral’s, Commtel…
“As we gear up for the 2026–27 budget, tackling urban air pollution has to rise to the top of our national priorities. Last year in 2025, cities like Delhi, Mumbai, and Bengaluru routinely smashed past AQI levels of 400, plunging residents into hazardous health risks from respiratory diseases to heart issues that hit vulnerable groups…
Shares of Adani group companies fell sharply on Friday, with some stocks plunging as much as 13%, after reports said the US Securities and Exchange Commission (SEC) has approached a New York court seeking permission to serve summons to group chairman Gautam Adani and executive Sagar Adani in connection with an alleged fraud and $265-million…
As the Union Budget 2026 is drawing closer, India’s precious metal refiners are have laid out their expecations from the finance minister. The sector is seeking relief from the current duty structure that favours importers as compared to local refiners, through free trade agreements. MMTC-PAMP managing director and CEO Samit Guha the duty gap has…
Australia’s national carrier Qantas has launched a limited-period economy-class fare sale for Indian travellers planning trips to New Zealand later this year, as airlines seek to capitalise on rising outbound leisure travel from India, the airline said.The ‘New Year, New Zealand’ sale is open for bookings from January 22 to January 31, 2026, and covers…
HYDERABAD & MUMBAI: Silver’s unprecedented surge continued Friday. In late trades on the New York Commodity Exchange (Comex) the price of the white metal crossed the psychologically important $100 per ounce (Oz) mark for the first time in history. Gold, which has gained at a much slower pace than silver in recent months, neared the…
MUMBAI: The weakness of the rupee and foreign fund selling due to geopolitical concerns weighed on investor sentiment on Dalal Street on Friday, and the resultant selling pulled the sensex down by 770 points (0.9%) to 81,538 points. On the NSE, the broader Nifty slid 241 points (1%) to close just above the 25K mark,…
MUMBAI: The foreign exchange market on Friday threw up a set of developments that appear contradictory: the rupee fell to a new low, RBI took measures to ease borrowing conditions, and foreign exchange reserves jumped past $700 billion even though the central bank was selling dollars to support the currency.The rupee slipped close to the…
MUMBAI: Markets regulator Sebi is investigating instances of illegal gains using insider information in a share sale transaction for Yes Bank in July 2022. Officials from PwC, EY, Carlyle Group and Advent International have been sent notices by Sebi as the regulator’s investigations in this matter is continuing, a Reuters story said.The Sebi notice said…
MUMBAI: Payments infrastructure startup Juspay has raised $50 million in funding from new investor WestBridge Capital at a valuation of $1.2 billion, becoming the first unicorn of the year.The investment includes a mix of primary and secondary transactions, the company said in a statement on Friday. In a secondary deal, a firm’s shares change hands…
