BUSINESS
India Inc Maintains Resilience Amid Rising Global Tariff Tensions: Report
The upgrade percentage also saw an increase, at 14% from the earlier 12% during the first half of the financial year. This upward surge was driven mainly by sectors that benefited from robust domestic demand and higher government spending.
NRI Remittances Reach Record $129.4 Billion in 2024, India Maintains Top Spot
Chasing India, China takes third place with $48 billion, the Philippines fourth at $40 billion, and Pakistan fifth at $33 billion, based on World Bank data collated by economists.
Sensex Dips Over 1,100 Points Amid Concerns Over US Reciprocal Tariffs
At 11:05 am, the Sensex fell 1,136.25 points, or 1.47%, to 76,260.90, and the Nifty declined 283.70 points, or 1.21%, to 23,231.20.
Commercial LPG Cylinder Prices Slashed by Rs 41, Offering Relief to Businesses
But the prices of domestic LPG cylinders, which are used for cooking in homes, have not been changed in this revision.
White House Calls for Reciprocity as India Imposes 100% Tariff on Agricultural Goods Ahead of April 2 Deadline
This comes amid criticism of nations such as India for charging high tariffs on US agricultural products, which, according to the White House, make it challenging for US exports to compete.
"Nifty and Sensex Show Strong Upside Potential, Signaling Robust FY26 Outlook: Report
GoalFi, a smallcase manager, in its report says that those companies with a high domestic focus are best placed to handle risks like US tariff increases and an increase in commodity prices.
India Sees Strong Surge in Metal Production in FY 2024-25
Iron ore, accounting for 70% of the value of total mineral production, increased to 263 million metric tonnes (MMT) from April to February of FY 2024-25, up by 4.4% from 252 MMT during the same period in FY 2023-24. The overall iron ore production during the entire financial year 2023-24 was 274 MMT.
Government Capex and Private Investment to Fuel India’s Growth in FY26: Report
The report highlights the pivotal importance of government expenditures on infrastructure, underscoring their high multiplier effect on the economic growth process. Furthermore, India is likely to benefit from the expected dip in international energy prices, which in turn is poised to facilitate further economic growth.
Trump ‘Pissed Off’ at Putin, Warns of Tariffs on Russian Oil Over Ukraine Deal Standoff
During a phone interview with NBC News, Trump expressed his outrage at Putin's recent statements calling into question the trustworthiness of Ukrainian President Volodymyr Zelenskiy as the leader.
BSE Declares 2:1 Bonus Share Issue, Its Second Since Listing
This is BSE's second bonus issue of shares since its initial listing in 2017, preceded by an equivalent 2:1 bonus issue in 2022.
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