India and the United States are set to resume trade negotiations this week, with a delegation of about a dozen officials travelling from New Delhi to Washington for discussions on the first phase of the proposed bilateral trade agreement (BTA). The talks, scheduled from April 20 to 22, will be led by India’s chief negotiator … Read more
India’s growth trajectory is expected to remain steady despite the ongoing Middle East crisis, that has sent ripples across the globe. In its latest report, SBI Research said that the country is navigating oil shocks and the Iran war from a “situation of strength”, projecting GDP growth at 6.8% to 7.1% in FY27.The report noted … Read more
This Akshaya Tritiya, India’s gold and silver markets are heading for bumper purchases, with overall trade likely to cross Rs 20,000 crore even as record-high prices reshape buying patterns. The estimate, shared by the Confederation of All India Traders (CAIT), is higher than last year’s Rs 16,000 crore, signalling growth in value despite a sharp … Read more
India’s cooking gas consumption saw a sharp decline in March, with LPG usage falling 13 per cent year-on-year due to supply disruptions linked to the ongoing Middle East conflict, according to official data.LPG consumption stood at 2.379 million tonnes in March, down from 2.729 million tonnes in the same month last year. The decline comes … Read more
Gold and silver have marked gains of around 10% and 5% year-to-date. Should you buy gold this Akshaya Tritiya? We asked five experts: (AI image) Gold buying in India is not just about its safe haven status – it is traditionally considered auspicious. Festivals across the year become major days on which gold buying peaks. … Read more
The National Bank for Financing Infrastructure and Development (NaBFID) has signed a Memorandum of Agreement with Projects Development Company of Rajasthan Limited (PDCOR) to strengthen advisory services for state and city-level infrastructure projects.The agreement will also allow both institutions to jointly explore financing and transaction advisory opportunities, including transaction structuring, commercial and technical due diligence, … Read more
The government on Saturday said the threat posed by a possible El Nino this year is unlikely to cause major damage to agriculture, pointing to stronger irrigation systems, higher reservoir storage and better preparedness than in past drought-linked years.The assurance came after Agriculture Minister Shivraj Singh Chouhan chaired a review meeting ahead of the Kharif … Read more
Flexible and transparent gold investment options such as digital gold and ETFs are expected to gain traction alongside traditional jewellery buying this Akshaya Tritiya, reflecting changing investor preferences, analysts said.Akshaya Tritiya, considered an auspicious day for gold purchases, will be celebrated on Sunday. Analysts said participation is evolving, with more investors exploring financial products linked … Read more
New Delhi: S&P Global has reaffirmed confidence in India’s growth outlook, saying the country continues to be one of the best-performing major economies globally despite ongoing geopolitical uncertainties.Saugata Saha, president of S&P Global Market Intelligence, said India remains a critical hub for the company, supported by a strong talent base, prompting further expansion of its … Read more
The US Securities and Exchange Commission and Indian businessmen Gautam Adani and Sagar Adani have jointly requested a US court for more time to file key submissions in a civil securities case, proposing a revised schedule for motions and responses.In a filing before the US District Court for the Eastern District of New York, the … Read more