BRESCIA: Commerce and industry minister Piyush Goyal on Thursday suggested an exclusive Italian enclave, complete with schools and hospitals, in one of the industrial towns as he sought to woo investors to set up businesses in the country.Goyal said the industrial town in Chhatrapati Sambhajinagar, where Maharashtra govt is eyeing an expansion over 5,000 acre,…
India and Italy on Thursday said a meeting will shortly be held in Mumbai to push forward India-Middle East-Mumbai Economic Corridor, which has been affected by the tension in West Asia. Commerce & industry minister Piyush Goyal said issues around financing and other aspects will be discussed. Source link
CHENNAI: Just three years after he was appointed MD of TVS Motor, 36-year-old Sudarshan Venu is all set to take over as chairman of the company. TVS Motor has announced that its board has “unanimously” named Sudarshan Venu as “incoming chairman of the company.” Effective August 2025, Sudarshan Venu will be appointed CMD of TVS…
BENGALURU: India’s quick commerce market is set to triple in size by 2027, reaching Rs 1.5-1.7 lakh crore. However, the segment’s rapid growth is exposing structural cracks in pricing, workforce stability, and profitability, a report by consulting firm Kearney said.The report, published on Thursday, showed that while quick commerce expanded beyond impulse buys to staples…
Gold and silver rate today: Silver surged to a record high of Rs 1,04,100 per kg in Delhi markets on Thursday, while gold prices also firmed up sharply, driven by strong global cues and a weaker dollar.According to the All India Sarafa Association, silver prices continued their rally for the fourth straight session, jumping Rs…
Tesla shares plunged over 8% on Thursday as tensions between US President Donald Trump and Tesla CEO Elon Musk escalated, leaving investors concerned about the future of Musk’s vast business empire. The sharp decline was triggered instead by a bitter public spat between the two high-profile figures. Musk criticised the president’s recent tax bill, describing…
Flipkart has received a lending licence from the Reserve Bank of India, paving the way for direct financing to customers, though the ecommerce firm is yet to disclose operational details.The Walmart-backed company confirmed on Thursday that it had secured a Non-Banking Financial Company (NBFC) licence from the RBI, with sources indicating the approval came in…
ECB President Christine Lagarde (AP) The European Central Bank lowered its key interest rate by 25 basis points on Thursday, citing growing uncertainty from US trade threats and slowing eurozone momentum.In its eighth consecutive rate cut, the ECB reduced its benchmark rate to 2%, down from a recent high of 4%, as policymakers attempt to…
The six-member MPC’s decision will be announced on Friday. RBI MPC meet date, time: The Monetary Policy Committee (MPC), headed by Reserve Bank of India (RBI) governor Sanjay Malhotra, is meeting this week to evaluate the repo rate, liquidity conditions, CPI inflation and GDP growth prospects for the Indian economy.The bi-monthly policy review began on…
AI image means for representation only Silver prices surged past $35 per an ounce on Thursday, buoyed by currency weakness, industrial appetite and safe-haven flows, with analysts suggesting the rally may not be over yet.Silver prices crossed the $35 mark per ounce and hit their highest level since March 2012, lifted by a mix of…
