Multiple factors have been linked to the recent sharp correction seen in both gold and silver. (AI image) Gold, silver price today: Gold and silver prices have rebounded on Monday after last week’s crash. The yellow metal and white metal are up both in international and domestic markets. Gold and silver futures saw a strong…
NEW DELHI: Ahead of Brazilian President Luiz Inacio Lula da Silva’s visit to India next week, Embraer — which recently announced setting up a final assembly line here with the Adani Group — has stepped up its engagement with the country. An executive-level visit by the Brazilian aerospace major brass has kicked off work to…
Stock market today (AI image) Stock market today: Indian equity benchmarks, Nifty50 and BSE Sensex, opened in green on Monday, rallying strongly on the back of India-US trade deal joint statement issued over the weekend, and US President Donald Trump’s executive order revoking 25% penal tariffs. While Nifty50 went above 25,800, BSE Sensex was up…
Asian markets started the week higher, with Tokyo leading the gains after Prime Minister Sanae Takaichi won a historic election victory. A strong lead from Wall Street also helped lift sentiment across the region. The sharp swings seen last week eased, as investors took comfort from hopes that Japan, the world’s fourth-largest economy, could now…
NEW DELHI: Mrs. Bectors Food Specialities’ new plant in Indore had just started production for some American buyers when the US announced 50% tariffs on Indian imports. With the trade deal likely to be implemented soon, the company is now hoping that things will slowly fall into place. “Under development business had come to a…
NEW DELHI: The Employees’ Provident Fund Organisation (EPFO) is examining a proposal to introduce ‘performance-linked incentives’ for its fund managers, which will see it allocate more funds to those who give better returns. This is part of the new benchmark methodology being developed for debt investments, officials told TOI. It is also assessing benchmarks for…
MUMBAI: State Bank of India has raised its credit growth target for the year after broad-based momentum lifted profitability in the Dec quarter, chairman CS Setty said at a briefing. “On the credit growth advice we had given 12 to 14% credit guidance earlier. We are revising that upwards to 13 to 15% based on…
NEW DELHI: After a near standstill in business, carpet exporters are now seeing some signs of activity.The punishing 50% US tariffs, including 25% penalty for Russian oil buys, had resulted in buyers putting orders on hold, which resulted in operations in Bhadohi and parts of J&K, the two carpet-making hubs, slowing down considerably.“There are 24-25…
NEW DELHI: Commerce & industry minister Piyush Goyal said Sunday that the govt has aggressively sought to push the farm sector’s interests in the US trade deal, while protecting its sensitivities around dairy and agriculture. “We have $30-odd billion of imports. The important thing is we have $55 billion of exports of farm and fish…
NEW DELHI: India’s auto component industry is set for a significant boost following the India-US trade deal, with the agreement providing preferential tariff treatment for Indian auto parts exports, including zero-duty access for some products. The joint statement said India will receive a preferential tariff rate quota for automotive parts currently covered under US national…
