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Hyperloop represents an emerging high-speed mass transit system. (AI image) India is set to construct the world’s longest hyperloop test facility, which will help evaluate the feasibility of commercial operations for this advanced transport system. The infrastructure, capable of achieving speeds up to 1,100 kilometres per hour, follows the successful completion of a 422-metre test…
MUMBAI: A weak rupee can be a boon for NRIs, but it is a bane for Indians studying abroad. Adding to their pain is the tightening of post-education work visa norms, which dims chances of higher pay abroad and repay loan sooner back home.In six months, the rupee has depreciated by about 5% to 87.2…
MUMBAI: RBI governor Sanjay Malhotra in his maiden monetary policy committee (MPC) meeting had said that it was an ‘appropriate time’ to cut rates, given the macroeconomic outlook and expected inflation alignment with the target. Malhotra had argued that monetary easing, along with agricultural growth and budgetary measures, would stimulate household consumption, housing investment and…
In the absence of fresh catalysts, market experts anticipate Nifty to move sideways near current levels. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in red on Friday. While BSE Sensex was below 75,700, Nifty50 was near 22,900. At 9:26 AM, BSE Sensex was trading at 75,664.09, down 72…
The domestic pharma industry in India may not face significant impact from potential US tariffs on pharmaceutical exports. Indian generics, which dominate exports and are in continuous demand, could absorb additional costs. Key industry players are awaiting further details on the tariffs while engaging in bilateral talks. NEW DELHI: The domestic pharma industry may not…
Tobacco products, including cigarettes and pan masala, contribute substantially to government tax collections. (AI image) India may explore increasing the goods and service tax (GST) on tobacco products, including cigarettes, after it stops levying the compensation cess on them.Tobacco products, including cigarettes and pan masala, contribute substantially to government tax collections, with revenue reaching ₹72,788…
Top stocks to buy (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Axis Bank, Bajaj Finance and JSW Steel are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for February 20, 2025.Index…
NEW DELHI: Automobiles are among the list of items identified by the commerce department for consultations with other departments and ministries ahead of negotiations for the proposed bilateral trade agreement with the US – an indication that govt is seeking feedback for a possible duty cut for bikes and cars such as Harley Davidson and…
United States remains India’s primary export market, comprising 17.7% of total exports in FY24. (AI image) US President Donald Trump’s decision to impose reciprocal tariffs on exports from India may have a limited impact, says a recent report. PM Narendra Modi met Donald Trump during his visit to the US last week. The meeting between…
Om Mehra, Technical Analyst at SAMCO Securities anticipates a possible trend reversal. (AI image) Stock market today: Indian equity benchmark indices, BSE Sensex and Nifty50, opened in red in trade on Wednesday. While BSE Sensex went below 75,600, Nifty50 was near 22,800. At 9:17 AM, BSE Sensex was trading at 75,621.95, down 345 points or…