Govt to sell up to 6% stake in Hindustan Copper via OFS to raise around Rs 3,000 crore MUMBAI: Govt is selling up to 6% in Hindustan Copper at a floor price of Rs 514 per share through an offer for sale (OFS) to mobilise about Rs 3,000 crore. The floor price for the OFS … Read more
Canada readies retaliatory tariffs after Trump’s warning Canada is set to announce retaliatory tariffs against the United States on Tuesday, an official familiar with the plans told news agency The Associated Press, escalating a trade dispute that has sharply deteriorated after negotiations between Ottawa and the Trump administration collapsed.The expected measures come after Canadian Prime … Read more
Piyush Goyal pitches India as trusted, tariff-friendly base for Japanese firms TOKYO: It isn’t just high growth and an expanding market that make India an attractive destination for investors. Commerce and industry minister Piyush Goyal on Monday added India’s long list of FTAs and the possibility of Japanese companies using the preferential tariffs to set … Read more
UPI completes 10 years, growing from 1.8 crore transactions in FY17 to 24,162 crore in FY26 MUMBAI: Nearly one in two real-time payments in the world happen on the UPI platform. From 1.8 crore transactions in FY17, the year it was launched, to 24,162 crore transactions in FY26, UPI transactions have grown 13,000 times.Today, the … Read more
TCS to acquire Porsche tech subsidiary MHP for $373 million in mega AI deal BENGALURU: In a mega deal that boosts its manufacturing and AI playbook, TCS will acquire MHP Management, the consulting and technology subsidiary of German sports car maker Porsche, for $373 million. The transaction will also anchor a five-year strategic partnership worth … Read more
Ahead of Putin’s India visit, Jaishankar delivers PM Modi’s message as Russia assures continued fertiliser supplies NEW DELHI: Ahead of Russian President Vladimir Putin’s visit to India next month, external affairs minister S Jaishankar called on the President and handed over a personal message from PM Narendra Modi to him. Putin committed to continuing fertiliser … Read more
Visa crackdown widens as Trump administration targets visitors seeking to remain in US through asylum claims The Donald Trump administration is preparing to revoke the business and tourism visas of as many as 2,00,000 foreigners who have applied for or are currently seeking asylum in the United States, in what could become the largest single … Read more
Sugar prices jump 29% in a month, industry blames ‘speculative behaviour’ for artificial tightness NEW DELHI: Sugar industry’s apex body ISMA on Monday said that there is no shortage of the sweetener while admitting that the spike in prices is “not natural” and is being fuelled by stocking by bulk consumers and “speculative behaviour”. The … Read more
Centre to sell subsidised onions at Rs 35/kg in Delhi-NCR as retail prices climb NEW DELHI: The Centre is likely to begin selling onions at a subsidised price of Rs 35 per kg across Delhi-NCR later this week to rein in soaring retail prices. Officials said locations for the retail sale through mobile vans will … Read more
Indian exports to Iran declined from $3.5 billion in FY2019 to $1.2 billion in FY2026. Launching an ‘economic onslaught’ on Iran, US Treasury Secretary Scott Bessent said that President Donald Trump is making phone calls to world leaders with specific requests to stop all interactions with Iran.The move comes amid the ongoing US-Iran conflict which … Read more