File photo: Finance minister Nirmala Sitharaman NEW DELHI: Finance minister Nirmala Sitharaman on Monday asked banks to enhance outreach to NRIs and introduce “innovative deposit products” to sustain the momentum of foreign currency deposits.Sitharaman met representatives of public sector banks and public financial institutions along with senior officials from the finance ministry as she reviewed…
NEW DELHI: The domestic pharmaceutical retail market is showing its strongest signs yet of a shift from price-led to demand-led growth. Volume growth crossed 3% in June, the first time in 24 months after hovering at around 1-2% during the first five months of the year.Encouraged by the strong trend during Jan to June, the…
NSE’s benchmark to define real estate sector performance The Nifty Realty Index is a sectoral stock market index of the National Stock Exchange (NSE) that is benchmark of the performance of country’s listed real estate companies. It is designed to reflect the movement of companies primarily engaged in the construction and development of residential and…
Gold continues to trade with a bearish bias after extending its sequence of lower highs and lower lows on the daily chart. (AI image) Gold price prediction today: Gold prices are trading with a bearish bias as geopolitical events weigh on investor sentiment, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services…
Spainish tech giant Submer Group on Monday announced a $2 billion investment in Madhya Pradesh’s semiconductor industry, a move expected to create nearly 5,000 direct employment opportunities.The announcement was made at the MP Tech Growth Conclave 3.0: GCC – Data Centres and Semiconductors, according to a senior state government official.“A $2 billion investment (19,000 crore…
SC asks Centre to place rules before it within 2 weeks NEW DELHI: The Supreme Court on Monday directed the Centre to place before it, within two weeks, the rules framed under the Bharatiya Vayuyan Adhiniyam, 2024, while hearing a plea seeking regulatory guidelines to curb the “unpredictable fluctuations” in airfares and ancillary charges imposed…
NEW DELHI: Centre on Monday firmly rejected reports claiming that India was delaying an interim trade agreement with the United States, calling them “completely false, baseless and misleading” and asserting that negotiations between the two countries remain on track.The clarification came after a Reuters report claimed that India was unwilling to rush into a trade…
Trump said the toll would be used to meet “any and all costs necessary to do the job of providing safety and security to this very volatile section of the World.” (AP Photo) Trump announces toll for Hormuz: US President Donald Trump said on Monday that the US is “reinstating” a blockade on Iran in…
The final equity payment to Shell will be calculated after taking into account adjustments related to debt, cash and other items outlined in the transaction agreements. (AI image) Aditya Birla Renewables Ltd (ABRen), the renewable energy arm of Grasim Industries, has entered into an agreement to acquire Sprng Energy from Shell Overseas Investment BV in…
Housing sales and prices in Dubai plunged to Middle East war Dubai’s residential property market slowed down in the first half of 2026 as geopolitical tensions in West Asia weighed on buyer sentiment, with housing sales falling 16 per cent year-on-year, according to real estate consultancy Anarock.Residential transactions totalled AED 225.7 billion during the January-June…
