Buisiness

New Delhi: India and New Zealand decided to relaunch negotiations for a free trade agreement on Saturday after a gap of 10 years, a move aimed at deepening economic ties between the two countries against the backdrop of geopolitical tensions.Commerce and industry minister Piyush Goyal and New Zealand’s trade minister Todd McClay met on the…

BENGALURU: IBM chairman and CEO Arvind Krishna’s compensation rose 23% to $25 million in 2024 compared to $20.3 million he earned in the year-ago period, showed IBM’s 2025 proxy statement.His compensation saw a huge surge in stock awards which rose to $14.8 million from $11.4 million during the same period. Krishna’s base salary remained the…

MUMBAI: Times Music has announced its acquisition of two leading Indian regional record labels – Symphony Recording Co and ARC Musicq. These two deals are the company’s first acquisitions since partnering with Primary Wave Music, an independent publisher of music, in 2023. “…Both labels have established universal appeal in growing Indian music markets,” said a…

MUMBAI: IndusInd Bank may have overstated its net interest income in preceding quarters, research reports by brokerage houses said. As a result, the lender will take a significant hit in its profits for the fourth quarter as it addresses the same.IndusInd Bank during an analyst call last week said that it identified discrepancies in its…

MUMBAI: The number of consents under the account aggregator system has been growing 12% every month with the value of total number of loans facilitated by the framework crossing Rs 1.3 lakh crore as of December 2024.According to a report on the account aggregator platform by Sahmati, the number of borrower consents for providing access…

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…