Business

The government has established two high-level committees comprising secretaries, technocrats and economists, with former Cabinet Secretary Rajiv Gauba, a full-time NITI Aayog member, as their chairperson, according to ET sources.Simultaneously, a distinct committee under Cabinet Secretary TVS Swaminathan is addressing deregulation matters at the state level.One of the Gauba-led committees aims to achieve Viksit Bharat…

Gold price prediction: Gold prices on MCX are currently trading around ₹99,300, showing signs of stabilization after recent declines. (AI image) Gold price prediction today: Gold rates have been stabilizing and analysts are eyeing a buy on dips strategy. Here’s the analysis from Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities:Gold prices…

Foreign portfolio investors purchased shares worth Rs 1,246 crore net on Thursday. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Friday following days of rally. While Nifty50 was still above 25,000, BSE Sensex dropped over 100 points. At 9:16 AM, Nifty50 was trading at 25,048.00,…

China eases Rare Earths curbs (AI-image) The electronics sector, India’s major Make-in-India achievement, could gain lasting global advantages due to a surprise backing from its strategic competitor, China.The Chinese government’s decision to relax restrictions on rare earth metals and critical mineral exports addresses a significant supply constraint for electronic products, including electric vehicles, computers, mobile…

Mumbai: The RBI is re-examining how it targets inflation in its monetary policy. It has however made a strong case for continuing with existing targets. In a discussion paper released on Thursday, the RBI sought public feedback on four questions: should headline or core inflation guide policy; is 4% still the right target; should the…

Mumbai: Market regulator Sebi is working on ways to extend the tenure of derivative (futures & options or F&O) contracts, a trouble area for the market regulator, as data show nine out of 10 retail participants lose money in this segment. Currently, retail participants trade more in weekly options contracts than in the relatively long-tenure…

US retail giant Target said on Wednesday that chief executive officer Brian Cornell will step down on February 1, ending his nearly decade-long tenure at the retailer. The board has named chief operating officer Michael Fiddelke, who has spent 20 years with the company, as his successor. The leadership change comes as the Minneapolis-based chain…

Exploration of critical minerals has begun in Mizoram and Assam as part of the government’s wider push to strengthen domestic mineral security, Union Coal and Mines Minister G Kishan Reddy has said.The Minister stressed that the Centre will consult with northeastern states before moving ahead with extraction, given the region’s unique legal frameworks. “Arunachal Pradesh…