NEW DELHI: India has achieved self-sufficiency in solar module manufacturing. But the feat has rendered domestic producers of polysilicon, wafers and ingots – the building blocks for modules – vulnerable to dumping by China-owned companies.The manufacturers of these inputs, who make up the solar industry‘s upstream segment, are now seeking safeguard duty (SGD) against Chinese…
Mumbai: A host of global and domestic factors are expected to weigh on investors’ sentiment when Dalal Street opens for trading on Monday. The escalating global tariff war between the US and its major trading partners that include Canada, Mexico, China and the EU, and the rising fears of a US recessions – a fallout…
NEW DELHI: India’s foreign exchange reserves recorded their sharpest weekly gain in more than three years in the week ending 7 March. The exchange surged $15.27 billion to reach $653.97 billion, as per the latest data from the Reserve Bank of India (RBI).This marks a strong rebound after months of volatility as the reserves had…
Top stocks to buy (AI image) Stock market recommendations: According to Bajaj Broking Research, Piramal Pharma and PTC India are the top stock picks for next week. Here’s its view on Nifty, Bank Nifty and the top stock picks for the week starting March 17, 2025:Index View: NIFTYNifty continues to experience high volatility, driven by…
MUMBAI: A special court rejected CBI‘s chargesheet against Indiabulls Housing Finance Ltd (IHFL), share broker Sanjay Dangi, and DB Realty promoters (Shahid Balwa and Vinod Goenka) along with their associate firms in Rs 4,733 crore DHFL-Yes Bank loan fraud case. The court concluded there was inadequate proof to demonstrate their participation in any bank fraud…
Gold prices have reached new record highs, but Gold ETFs experienced a notable slowdown in February, with monthly inflows dropping by 47.22% to Rs 1,979 crore, compared to Rs 3,751 crore in January. Despite this decline, the inflows in Gold ETFs have still seen a 99% year-on-year increase, from Rs 997 crore in February 2024….
The Reserve Bank of India (RBI) reassured depositors and stakeholders about IndusInd Bank’s financial health, saying that the bank is well-capitalised and remains stable despite ongoing concerns.In a statement released on Saturday, the central bank said, “The Reserve Bank would like to state that the bank is well-capitalised and the financial position of the bank…
NEW DELHI: Illegal online financial activities, including betting and gambling, have surged dramatically in India in recent years. A report by the Digital India Foundation revealed that digital platforms recorded a staggering 1.6 billion visits in just three months across four major websites.The report highlighted that the majority of these visits were organic, exceeding 184…
India’s foreign exchange reserves saw a significant jump of USD 15.267 billion, reaching a total of USD 653.966 billion during the week ending March 7, marking the largest increase in over two years. This surge follows a decline of USD 1.781 billion in the previous week, which brought reserves down to USD 638.698 billion, news…
BENGALURU: Infosys McCamish Systems (IMS), a subsidiary of Infosys BPM, has agreed to put $17.5 million into a fund to settle pending class-action lawsuits and resolve allegations following a cybersecurity incident in 2023. Infosys said that it reached an agreement with the plaintiffs of these lawsuits pending against IMS and a few of its customers….