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The impact of rate reductions on short and medium-term FDs will be more immediate. (AI image) Are fixed deposits your go to investment option? Then now may be the right time to put your money in FDs as interest rates are likely to come down soon. Fixed deposit investors must take swift action as the…

In February, India and US had announced plans to complete the first phase of a trade agreement soon. (AI image) India is eager to expedite a trade agreement with the United States following US President Donald Trump’s unexpected decision to temporarily pause the implementation of reciprocal tariffs on many countries whilst increasing duties on China.Trump…

As US President Donald Trump’s trade war rolls on, the financial world is buzzing with complex-sounding terms that may confuse everyday readers. From bears and bulls to dead cats and dips, here’s a simple guide to what they mean—and why they matter right now.Bear and bull marketWhen share indexes like the S&P 500 or Dow…

Stock market holiday today: The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) are closed for trading today, April 10, due to the observance of Mahavir Jayanti 2025. Trading activities will commence again on Friday, April 11.During this closure, all trading segments will be closed, including equities, derivatives, currency, securities lending and borrowing (SLB),…

Chinese producers of plastic Christmas trees and other holiday items say they’ve yet to receive any orders from their US clients – and they fear they may not get any at all, reports news agency Reuters. The delay comes amid soaring US import tariffs, with US President Donald Trump ramping up levies on Chinese goods…

This is a representational AI image Asian markets surged on Thursday morning after US President Donald Trump paused most of his planned tariffs, sparking a wave of optimism among global investors. The relief rally followed a historic upswing on Wall Street, where major indices recorded some of their biggest gains in recent years.“I have authorised…

It is advisable to verify operating hours with your local branch or consult the RBI’s official holiday calendar. April 2025 bank holidays: Banks across numerous Indian states will be closed on Thursday, April 10, 2025, for Mahavir Jayanti, a revered religious observance of the Jain community. As this holiday does not come under Reserve Bank…

NEW DELHI: After collecting a record Rs 74,000 crore in dividends from central public sector undertakings during the last financial year, govt on Wednesday encouraged private companies to provide fair dividends to their shareholders. It also asserted that it would adjust its disinvestment strategy according to the prevailing market conditions.“While market capitalisation of public sector…

MUMBAI: RBI has moved to tighten oversight of gold-backed lending. In draft guidelines released on April 3, the central bank proposed a uniform cap on the loan-to-value (LTV) ratio for gold loans, limiting it to 75% of the collateral’s worth. For NBFCs, this ceiling will apply uniformly, regardless of whether the loan is for consumption…

NEW DELHI: Amid the ongoing bilateral trade talks with the US, India on Wednesday opted to remain an observer as China led the charge against the Trump administration over reciprocal tariffs, calling it bullying and a violation of global trade rules.But India, Mexico and Argentina were among a handful of countries that did not make…