MUMBAI: India’s dealmaking activity is expected to keep up the pace next year after a strong run in 2025. Domestic consolidation hit $104 billion this year, its strongest showing in two years, while inbound deals climbed to $30 billion as banks from East Asia and the Middle East acquired stakes in Indian lenders. Outbound deals…
India rolled out a new trade measure on Tuesday, imposing safeguard duties on certain steel imports for a period of three years. The move comes as a push to protect domestic manufacturers from a surge in low-cost overseas supplies, particularly from China.As per a finance ministry notification, the safeguard duty will stand at 12% in…
NEW DELHI: The Indian economy enters 2026 under the shadow of global trade tensions and geopolitical shifts but swift reform measures have laid the foundation for it to weather the global challenges on the back of robust growth. The nearly $4-trillion economy has managed to navigate the global storm deftly with growth now expected to…
NEW DELHI: The Union Cabinet is likely to take up the AGR (Adjudted Gross Revenue) relief matter for Vodafone Idea on Wednesday, a measure that is seen as a lifeline for the loss-making telco, which has debt over of Rs 2 lakh crore. Vodafone Idea’s AGR dues are understood to be around Rs 83,000 crore,…
Prime Minister Narendra Modi on Tuesday met eminent economists and sectoral experts to seek their views on the upcoming Budget, a senior government official said. The meeting started at 11am chaired finance minister Nirmala Sitharaman, Niti Aayog vice chairman Suman Bery, Niti Aayog CEO BVR Subrahmanyam, other members of the Aayog, economists and sectoral experts…
Shankh Airlines is likely to begin flight operations in the first half of January with an initial fleet of three Airbus aircraft, focusing on connecting Lucknow with Delhi, Mumbai and other metro cities, Chairman Shravan Kumar Vishwakarma said on Tuesday. The airline will also operate flights to destinations across Uttar Pradesh in its first phase,…
Greg Abel faces the challenge of taking over Berkshire Hathaway from the legendary Warren Buffett this week. Many regard Buffett as the world’s greatest investor after he grew Berkshire from a struggling New England textile mill that he starting buying up for $7.60 a share in 1962, to the massive conglomerate it is today with…
Wall Street’s major indexes retreated slightly on Tuesday, as worries over valuations of artificial intelligence stocks lingered in the final days of 2025.Shortly after trading began, the Dow Jones Industrial Average lost 0.2 percent to 48,380.60 while the broad-based S&P 500 Index edged 0.1 percent lower to 6,901.00.The tech-focused Nasdaq Composite Index also pulled back…
Silver rate today: Silver prices climbed by Rs 1,000 to Rs 2.41 lakh per kilogram in the national capital on Tuesday, hitting a new all-time high with positive global sentiment and robust demand supporting prices, All India Sarafa Association date was quoted by PTI. The demand has been underscored by silver’s growing appeal as an…
Fast-moving consumer goods distributors’ body AICPDF has urged the market regulator Sebi to pause the Initial Public Offerings (IPO) of loss-making quick-commerce companies. In a representation, the All India Consumer Products Distributors Federation (AICPDF) has urged Sebi “to consider immediate measures including a temporary pause on IPO approvals” for quick-commerce and closely related e-commerce companies…
