MUMBAI: Outward remittances by resident Indians under the Liberalised Remittance Scheme fell in Nov 2025 to a two-year low partly because of a dip in education-related travel and also because of seasonality.Total outflows slipped to $1,937.2 million from $2,364.5 million in Oct, an ~18% sequential drop, and edged below $1,946.4 million in Nov 2024. The … Read more
Top stocks to buy or sell today (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, the top buy calls for today are: Swiggy, Godrej Consumer Products, while GAIL is a sell call. Here’s his view on Nifty, Bank Nifty, and the top … Read more
MUMBAI: Dalal Street witnessed extreme volatility on Wednesday with the sensex rallying from more than 1,000 points down to over 300 points up within a couple of hours. The index finally settled 271 points down at 81,910 points, its first close below the 82,000 mark since Oct 8 last year.Geopolitical and global economic factors were … Read more
MUMBAI: RBI has said that the first advance estimates of real GDP growth for 2025-26 reflected the resilience of the Indian economy, driven by domestic factors amid a challenging external environment, adding that high-frequency indicators for Dec pointed to continued buoyancy in growth impulses with demand conditions remaining upbeat. In its State of the Economy … Read more
NEW DELHI: Union cabinet on Tuesday approved the continuation of Atal Pension Yojana (APY) up to 2030-31, along with extension of funding support for promotional and developmental activities and gap funding. PM Narendra Modi said the decision will ensure old-age income security for low-income group and workers in unorganised sector. APY offers a guaranteed pension … Read more
HYDERABAD: Beauty and personal care giant L’Oreal will set up its first AI-powered global beauty tech innovation hub in Hyderabad. The company will invest 350 million euros (approx Rs 3,500 crore) by 2030. The hub, which will be a first-of-its-kind globally, will focus on developing the next generation of AI-powered beauty innovations.L’Oreal plans to leverage … Read more
MUMBAI: RBI has said that the first advance estimates of real GDP growth for 2025-26 reflected the resilience of the Indian economy, driven by domestic factors amid a challenging external environment, adding that high-frequency indicators for December pointed to continued buoyancy in growth impulses with demand conditions remaining upbeat.In its State of the Economy article … Read more
The Comptroller and Auditor General of India has called for strengthening the institutional framework, professional capacity building and audit practices of primary auditing institutions (PAIs) responsible for local governments, highlighting the need to improve audit quality and transparency at the grassroots level, PTI reported.The call came at the conclusion of a three-day national workshop for … Read more
Photo credit- AP Rattled by US President Donald Trump’s remarks linked to Greenland, the European Union is weighing possible countermeasures against Washington, reviving debate over its so-called “trade bazooka” — a powerful but rarely used economic tool formally known as the Anti-Coercion Instrument (ACI).While the issue has resurfaced at the highest political levels, most of … Read more
BENGALURU: India has broken into the top five global markets for Smirnoff, driven by strong traction from flavour-led innovations such as Minty Jamun, Praveen Someshwar, chief executive of Diageo India, told analysts on Tuesday.“Smirnoff flavours, specifically Minty Jamun, have emerged as a breakthrough innovation, validating our India-first flavour strategy and becoming the primary growth engine … Read more