Buisiness

Tata Sons plans to invest ₹30,000 crore ($3.5 billion) in its growing ventures. (AI image) Tata Sons is actively seeking new directors to fill upcoming vacancies on its board. Former Jaguar Land Rover CEO Ralf Speth is anticipated to retire in the next few months when he turns 70. Speth had joined following Cyrus Mistry’s…

US Stock Market: Wall Street futures slipped on Wednesday morning, even as the United States and China reached a broad consensus on advancing a trade deal after months of tit-for-tat tariffs. The agreement followed two days of high-level talks in London, building on earlier discussions in Geneva. Despite the positive steps in diplomacy, US market…

Gold price prediction: Silver looks set to outperform gold in the current year. (AI image) Gold price prediction today: Gold rate is expected to see a limited upside in the short-term, feel analysts. As global trade tensions show signs of easing with progress on US-China trade deal talks, the safe haven appeal of gold is…

Market experts anticipate continued consolidation with a positive outlook in the near term. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Wednesday. While Nifty50 was above 25,100, BSE Sensex was up around 100 points. At 9:19 AM, Nifty50 was trading at 25,128.85, up 25 points…

A growing chorus of advisers inside and outside the Trump administration are pushing another name to serve as the next chair of the Federal Reserve: Treasury secretary Scott Bessent.US President Donald Trump said Friday he would name a successor “very soon” to replace Jerome Powell, whose term as Fed chair ends in May 2026. The…

BENGALURU: Meesho formally transitioned into a public limited company, shows filings with the ministry of corporate affairs. The move came as the firm advanced its plan to shift legal domicile from the US to India and restructure operations under a single onshore entity. Meesho is preparing for a potential $1 billion IPO. Source link

MUMBAI: India’s corporate sector is gearing up for its largest capital expenditure cycle in over a decade, with companies poised to nearly double their investments over the next five years, according to S&P Global Ratings. The rating agency estimates total capex could reach $800 billion to $850 billion, mostly funded through operating cash flows and…

NEW DELHI: In one of the first major companies to go for production cuts due to a shortage in rare earth magnet supplies from China, top carmaker Maruti Suzuki decided to cut back on the initial production schedule for its first electric car, the e-Vitara, by over two-thirds in the first half of this fiscal…

The Indian rupee appreciated by 9 paise to settle at 85.57 against the US dollar on Monday, buoyed by strong foreign institutional investor (FII) inflows. Further gains were capped by rising global crude oil prices, a stronger US dollar, and mixed cues from domestic equities, forex traders said.At the interbank foreign exchange, the local currency…

The Centre has approved a third electronics manufacturing cluster for Tamil Nadu, Union Minister Ashwini Vaishnaw said on Tuesday, reinforcing the state’s growing role in India’s electronics production landscape. The move aligns with Prime Minister Narendra Modi’s vision of making Tamil Nadu a major electronics manufacturing hub, he added.Vaishnaw, who holds the portfolios of Information…