Can India’s Pharma Thrive Amid US Tariff Threats? Union Minister Piyush Goyal Meets Industry Leaders

Union Minister of Commerce and Industry, Piyush Goyal, held an interaction with key stakeholders from India’s pharmaceutical ecosystem, focusing on strengthening industry growth and regulatory reforms. In a social media post on Monday, the minister stated that he had an engaging Read More

Opening Bell: Nifty50, BSE Sensex Open Flat, Stuck Between FII Selling And DIIs Buying Since Last Week

Domestic stock markets opened flat on Tuesday as indices stuck between selling by foreign portfolio investors (FPIs) and buying by domestic institutions. The indices continue to test record levels but have failed to sustain gains above the all-time high marks. The Nifty 50 index Read More

Rupee Eyes Higher Open With Fed Rate Cut Odds Rising And RBI Lurking

The Indian rupee is set to find relief at the open on Tuesday, helped by growing expectations of a December Federal Reserve rate cut and likely continued central bank support.The 1-month non-deliverable forward indicated the rupee will open in the 89.06-89.10 range versus the U.S Read More

EAC-PM Survey: Rising Vehicle, Mobile Ownership Reshapes India’s Spending

Household spending patterns in India are witnessing a major shift from basic necessities towards asset-building expenditure, highlighted a survey report by the Economic Advisory Council to the Prime Minister (EAC-PM).According to the findings, households are increasingly prioriti Read More

Stock Market: BSE, NSE Set To Open Flat After Profit Booking Near Record High Levels

India’s stock benchmarks are poised to open little changed on Tuesday, after two sessions of profit-taking from levels that were close to record highs, on caution before key U.S. data.Gift Nifty futures were trading at 25,994, as of 07:49 a.m. IST, indicating that the Nifty 50 co Read More

India–Canada Set to Seal $2.8 Billion Uranium Deal: Report

Canada and India are close to finalizing an export agreement in a deal valued at about US$2.8 billion, the Globe and Mail reported on Monday, citing people familiar with the matter.The deal for Canada to ship uranium to India would run for 10 years if finalized, the report said, Read More

Gold Holds Steady As Rising US Rate-Cut Bets Offset Dollar Strength

Gold prices held steady on Tuesday after rising nearly 2% in the previous session, as increasing prospects of a U.S. rate cut in December countered a firm dollar.  Spot gold was down 0.2% at $4,132.20 per ounce, as of 0107 GMT. Bullion rose 1.8% on Monday to $4,139.80, its highes Read More

RBI Highlights India’s Resilient 6.8% Growth Projection Boosted by Tax Cuts and Rate Reductions

The Indian government’s domestic tax reductions and the Reserve Bank of India’s interest rate cuts this year will help boost private investment and economic growth, the central bank said in its monthly bulletin on Monday. In October, the Indian economy exhibited signs of pickup i Read More

Generative AI Set to Cut Costs, Boost Efficiency in Auto Finance: McKinsey Report

Generative Artificial Intelligence (Gen AI) can significantly transform the auto finance and leasing industry by cutting operating costs and improving efficiency, highlighted a report by McKinsey & Company.According to the report, Gen AI can extend support beyond customer interac Read More

India’s Fractal Analytics gets SEBI nod for country’s first AI-focused IPO

The Securities and Exchange Board of India (SEBI)has approved Fractal Analytics’ draft initial public offering papers, paving the way for the country’s first IPO by an AI-focused company, according to a notification on the market regulator’s website on Monday.Fractal Analytics’ 4 Read More