MUMBAI: A proxy advisory firm is pressing India’s central bank to require Tata Sons to go public, arguing that its size and systemic importance demand disclosure standards closer to those applied to major financial institutions rather than those typical of private holding companies.InGovern, in a report titled “Tata Sons: The Listing Imperative,” said that where … Read more
Indians sharply cut back on overseas travel spending in March, with remittances for foreign trips dropping by more than $212 million from the previous month, according to Reserve Bank of India data. The fall in outbound travel expenditure came amid rising oil prices linked to the Middle East conflict and persistent pressure on rupee, even … Read more
Dalal Street is heading into the new trading week with global uncertainty firmly in focus, as investors keep a close watch on the evolving situation in the Middle East, fluctuations in crude oil prices and the behaviour of foreign investors. Analysts said that sentiment is likely to remain fragile and heavily influenced by developments in … Read more
US secretary of state Marco Rubio on Sunday, hinted at a “beneficial” and a “sustainable” trade deal agreement with India, as he is on a visit to India.“We’ve made tremendous progress, and I think we’re going to wind up with a trade agreement between the US and India that is going to be enduring and … Read more
Got a bank visit planned? You may want to check the dates first. Bank customers are being advised to plan their bank visits in advance as banks in several states are headed for holidays. Since these dates vary from state to state, officials are asking people to confirm their local branch status before visiting in … Read more
India’s transportation fuel demand growth is expected to slow sharply in the second half of 2026 as higher fuel prices, government-led conservation measures and a weakening rupee weigh on mobility and consumption trends, according to a report.The report by Kpler’s lead analyst (modelling), Elif Binici, revised down India’s 2026 refined products demand growth forecast by … Read more
The combined market valuation of six of India’s top-10 most valued companies rose by Rs 74,111.57 crore last week, with Reliance Industries emerging as the biggest gainer.The rally came during a volatile trading week in which the BSE Sensex advanced 177.36 points, or 0.23%.According to news agency ANI, Reliance Industries added Rs 24,696.89 crore to … Read more
A further increase in petrol and diesel prices may become unavoidable if the ongoing global energy disruptions continue, Bharat Petroleum Corporation Limited (BPCL) director HR Raj Kumar Dubey said.Speaking about the pressure on fuel retailers amid rising crude oil prices, Dubey said policymakers currently have limited options to deal with the situation.“Now, there are two … Read more
NEW DELHI: Public sector oil companies increased petrol and diesel prices by nearly 90 paise per litre on Saturday, the third hike since May 15, as they sought to partly offset mounting losses from selling fuels below market rates amid a sharp rise in global crude prices due to supply concerns.But that still leaves them … Read more
NEW DELHI: The US has emerged as the second largest source of foreign direct investment into India during the last financial year, overtaking Mauritius.Equity investments from the US more than doubled to over $11 billion in 2025-26 as companies chose to invest directly into India instead of routing funds through a tax-friendly jurisdiction as they … Read more