"Where Facts Speak Louder."
NEW DELHI: The Centre has asked Elon Musk’s satellite venture Starlink to set up a control centre in India to enable suspension or shutdown of communications services in sensitive and troubled areas, whenever required, to maintain law and order.Also, the security establishment has specified mandates to allow call interceptions by law-enforcement agencies through official channels…
NEW DELHI: India will be the world’s third largest economy by 2028 as it becomes the world’s most sought-after consumer market and gains share in global output, a Morgan Stanley report said. The Indian economy is projected to expand to $4.7 trillion in 2026, behind the US, China and Germany.In 2028, India will overtake Germany…
MUMBAI: IndusInd Bank’s shares recovered some losses (up 4%) on Wednesday after plunging nearly 27% on Tuesday. Market players said concerns eased after reports said the promoter had finalised funds for acquiring Reliance Capital. Concern ease This eased fears that the promoters would face margin calls on pledged shares. Statements from the CEO, indicating the…
NEW DELHI: Retail inflation cooled to a seven-month low in Feb as food prices eased, providing headroom for the Reserve Bank of India (RBI) to lower interest rates in April, while industrial output growth improved in Jan, led by expansion in manufacturing.Data released by the National Statistical Office (NSO) on Wednesday showed inflation, as measured…
NEW DELHI: Singapore’s sovereign private equity giant Temasek is acquiring 9-10% stake in Haldiram Snacks Foods for over Rs 8,500 crore, valuing the company at around $10 billion. Haldiram Snacks Foods is the parent entity of Haldiram’s, widely recognised as the country’s largest snacks brand.The acquisition marks one of the largest recent deals in India’s…
These changes in TDS rules will take effect from April 1, 2025. (AI image) New TDS rules: Finance Minister Nirmala Sitharaman’s Union Budget 2025 presentation included significant modifications to TDS (Tax Deducted At Source) regulations, offering financial benefits to various taxpayer categories, including senior citizens, investors and commission earners. These changes in TDS rules will…
Gold prices surged by Rs 600 on Thursday, reaching an all-time high of Rs 89,450 per 10 grams in the national capital, driven by strong global market trends. The yellow metal, with 99.9% purity, had previously closed at Rs 88,850 per 10 grams on Wednesday.Similarly, gold of 99.5% purity saw an increase of Rs 600,…
MUMBAI: Blackstone chairman & CEO Stephen Schwarzman said that the new tariff regime in the US has the potential to boost growth and increase American consumption demand.“I think it is too early to tell because you don’t know how this is all going to work out. I think it will result in a significant increase…
NEW DELHI: Gold prices continued upward momentum with April futures hitting an all-time high of Rs 86,875 per 10 grams on Thursday, at the multi commodity exchange (MCX).The yellow metal marked a rise of 0.21 per cent or Rs 189, while silver May futures traded at Rs 99,389 per kilogram, down 0.09 per cent or…
Bank Holidays for Holi 2025 Bank Holidays for Holi 2025: Banks across various states will observe closures during Holi 2025, with specific dates varying by region. As per Reserve Bank of India (RBI) guidelines, certain days are designated as holidays under the Negotiable Instruments Act. These holidays are determined based on local traditions and customs….
