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Updated: 1 hour 6 min ago
Trump announces 90-day pause on tariffs, raises China tariffs to 125%
US President Donald Trump doubled down on his tough stance on Beijing by raising the tariff on Chinese goods to 125 per cent, effective immediately
Sebi chief assures of no systemic risk despite tariff-induced selloff
Pandey - who took charge of Sebi last month - touted the country's settlement system as unique where trade clearing houses of both the National Stock Exchange of India Ltd. and BSE Ltd
Maha govt to guarantee PFCL's Rs 10K cr loan for Mumbai infra projects
A Government Resolution (GR) or order issued by the state finance department said the cabinet had approved the loan to be taken on government guarantee for 2024-25
Banking system safe; IndusInd crisis an episode & not failure: RBI Guv
Reserve Bank Governor Sanjay Malhotra on Wednesday said that the cases of failure of cooperative banks in the last 7-8 years are very small compared to the overall size
Reserve Bank's draft circular seeks to standardise gold loan regulations
In the draft circular, the RBI stated that norms for lending against gold collateral must be incorporated into the credit/risk management policy of lenders
Sarovar Hotels invests ₹120 cr in a TN project, its highest investment ever
"This project (Sarovar Portico, Sriperumbudur) opens up in the next two months and is our largest investment till now," said Ajay Bakaya, chairman, Sarovar Hotels and director, Louvre Hotels India
India to be 6th largest insurance market by 2032, says FM Sitharaman
Sitharaman in a tweet highlighted decriminalisation and reduction in compliance burden for businesses and individuals among reforms undertaken by the government in the last ten years
Voda Idea debt at Rs 2.17 trn in Dec 2024 quarter, govt stake up at 48.99%
According to the company's investor presentation, the debt of Rs 2.17 trillion comprises Rs 2,14,700 crore payment obligations towards the government
India scraps transshipment facility for Bangladesh's third-country exports
Indian exporters, mainly from the apparel sector, had earlier urged the government to withdraw this facility to the neighbouring country
Dixon to set up ₹1,000 crore laptop manufacturing unit in Tamil Nadu
On Wednesday, a memorandum of understanding was signed between Dixon Technologies and the government of Tamil Nadu for setting up a state-of-the-art manufacturing facility at Oragadam near Chennai
JSW Neo Energy acquires 4.7 GW green energy platform from O2 Power
Following the acquisition, the company will have a steady state EBITDA generation of Rs 1,500 crore from 2,259 MW capacity (likely to be operational by June 2025)
Audio giant Bose invests Rs 173 cr in India's wearables brand Noise
This funding follows Bose's initial investment in Noise's maiden funding in December 2023, wherein Noise reportedly raised USD 10 million at a valuation of USD 420 million from the American brand
Sebi sets up high-level committee to review conflict of interest provisions
Former IAS & CVC Pratyush Sinha to chair the six-member high-level committee
Bank of India, UCO Bank cut lending rate in line with RBI's policy
Both public sector banks, in separate regulatory filings, said the rate revision has been done following the RBI's reduction in the short-term lending rate
IndiGo briefly becomes world's most valuable airline by market cap
IndiGo is the only Indian carrier among world's top 10 airlines, runs 15,768 flights weekly
RBI issues draft rules for gold loans to standardise norms across lenders
RBI said the policy will strengthen conduct-related aspects, with lending norms integrated into lenders' credit/risk management policies
Asset valuer selected for IDBI Bank; govt finalising share pact: Dipam secy
Talking to reporters, Chawla said the Department of Investment and Public Asset Management (DIPAM) is 'moving ahead' with IDBI Bank strategic sale as per government decision
China hits back at US with 84% tariff after Trump admin imposes 104% levy
US China trade war: Beijing had previously called Trump's ultimatum 'coercive' and stated that it would 'fight to the end'
Infosys expands partnership with AIB to drive digital transformation
AIB Group Chief Technology Officer Graham Fagan said the extended collaboration seeks to progressively modernise the firm's technology and data capabilities
98% of all PCs will be AI-enabled by 2028, predicts Dell executive
Talking to PTI, Senior Director and General Manager of Client Solutions Group at Dell Technologies India, Indrajit Belgundi said AI PC adoption is significantly growing across all age groups