Buisiness

US President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House. US President Donald Trump on Wednesday announced sweeping tariffs on global imports, a move that marks one of the boldest protectionist pushes in recent history. Trump introduced a universal baseline tariff of 10% on all…

Top stocks to buy (AI image) Top stock market recommendations:According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Computer Age Management Services, PCBL Chemical, and Balrampur Chini Mills are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for March…

MUMBAI: What’s in a name? A lot for the embittered Lodha siblings. Abhishek Lodha-led Macrotech Developers, in a statement to exchanges, alleged that entities belonging to his younger brother’s House of Abhinandan Lodha fabricated documents to wrongfully use the ‘Lodha’ brand name for a Goa project. Macrotech, one of the largest real estate companies in…

NEW DELHI: Manufacturing activity in the country rose at its fastest pace in eight months as demand improved and new orders surged despite a softer rise in exports. Registering 58.1 in Mar, the HSBC India Manufacturing Purchasing Managers’ Index (PMI) was up from 56.3 in Feb to its highest mark in eight months. March’s acceleration…

CHENNAI The National Payments Corporation of India (NPCI) is piloting a ‘federated model’ in collaboration with banks to eliminate frauds using UPI transactions. India’s umbrella organisation for operating retail payments and settlement systems is also leveraging AI and machine learning tools to detect suspicious transactions through UPI. NPCI chief risk officer Viswanath Krishnamurthy said that…

Experts are of the view that the impact of Trump’s tariffs on India is likely to be limited. US President Donald Trump has unveiled extensive reciprocal tariff proposals, declaring “our country has been looted, pillaged, raped, plundered” by foreign nations. During his speech on ‘Liberation Day’, Trump displayed a chart illustrating proposed reciprocal tariffs: 34…

Poonam Gupta (Pic credit -World Bank) The government has approved the appointment of Poonam Gupta, Director General of the National Council of Applied Economic Research (NCAER), as the Deputy Governor of the Reserve Bank of India (RBI) for a term of three years, sources told news agency PTI. This position became vacant after M.D. Patra’s…

Tesla sales decline (Photo-AP) Tesla‘s sales fell in the first quarter of 2025, marking a 13% drop and indicating potential challenges ahead for the electric vehicle giant, according to news agency AP. The decline, which saw global deliveries fall to 336,681 units in the January-March period, down from 387,000 during the same period last year,…

NEW DELHI: Highway construction touched 10,500 km and toll collection on them crossed Rs 60,000 crore in the financial year ended March 31. Sources said while the toll collection last year was the maximum ever in the highway sector’s history, the overall construction was third-highest in the past five years.Highway construction during 2023-24 was 12,349…

Capital markets regulator Securities and Exchange Board of India (Sebi) on Wednesday issued an administrative warning letter to HDFC Bank for regulatory non-compliance. Pursuant to periodic inspection of custody activities undertaken by the bank, Sebi issued an administrative warning letter for alleged non-compliance with certain regulatory guidelines, which are applicable to custodians, HDFC Bank said…