BUSINESS
Gold Prices Hit Record High as Investors Turn to Safe Haven Amid Trade War Fears
As per India Bullion and Jewellers Association, price of 24-carat gold was Rs 8,537 per gram, 22-carat gold was at Rs 8,332 per gram.
Trump Vows 25% Tariffs on Steel, Aluminum Imports, Warns of More to Come
President Trump said on Sunday that he will announce the tariffs on Monday covering imports from all countries.
PLI Success, Rising Exports, Job Growth: BJP Counters Congress' Manufacturing Sector Claims
In the factsheet with which the fallacious claims were busted by Congress, BJP added that India was one of the fastest-growing major economies in the world and is witnessing a huge resurgence in the post-Covid era.
New Income Tax Bill to Be Tabled in Parliament Next Week
The bill, which was approved in the Cabinet meeting presided over by Prime Minister Narendra Modi on Friday, will be introduced in the Parliament next week before it is sent to the Parliament's Standing Committee on Finance.
India's Forex Reserves Climb for Second Straight Week, Gold Reserves Increase
The country's gold reserves rose by $1.242 billion to $70.893 billion during the week. SDRs went up by $29 million to $17.889 billion, the apex bank said.
India Poised to Achieve Record $800 Billion in Exports for FY25
According to the Union Commerce and Industry Minister, Piyush Goyal, exports have been growing and have risen significantly in the last four years.
India Capable of Achieving 7%+ Growth Rate, Says RBI Governor
Reserve Bank of India in its bi-monthly monetary policy on Friday projected 6.7 per cent growth for financial year 2025-26, up from 6.4 per cent estimated for the current fiscal.
PLI Scheme Attracts ₹27,106 Crore Investment for Specialty Steel
Out of this amount, Rs. 18,848 crore have been achieved till December 2024, Minister of State for Steel Bhupathiraju Srinivasa Varma told Parliament on Friday.
RBI Postpones LCR Norms by a Year, Providing Major Relief to Banks
He said that the step has been taken as the earlier deadline of March 2025 does not give sufficient time for the implementation of these guidelines. The RBI does not want a disruption in the financial system and will ensure a smooth transition, he added.
Swiggy Shares Decline for Fourth Consecutive Day, Fall Below IPO Price
According to market experts, the company's shares are falling because of the investors' reaction to the higher-than-expected losses reported by the company in the third quarter (Q3 FY25).
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