Honda Motorcycle & Scooter India Pvt. Ltd (HMSI) on Thursday announced a major expansion of its fourth manufacturing plant in Vithalapur, Ahmedabad district. The move is expected to increase the plant’s annual production capacity by 650,000 units, taking the total to 2.61 million units once the new line becomes operational in 2027.The company is set…
The Reserve Bank of India might go for steeper interest rate reductions in a move to support slower growth and controlled growth, Morgan Stanley said in its latest report.The global financial firm said that the central bank’s policy approach is likely to remain countercyclical, taking action to support the economy as momentum weakens.“We expect the…
India’s organised sector added 1.45 million net to its formal jobs in March 2025, marking a 1.15% rise during the same month last year, as per the provisional payroll data released by the ministry of labour and employment on Wednesday.The data, compiled by the Employees’ Provident Fund Organisation (EPFO), tracks employment trends across firms employing…
Prime Minister Narendra Modi inaugurated as many as 103 newly redeveloped railway stations under the Indian Railways’ ambitious Amrit Bharat Station Scheme. The initiative is a part of the government’s efforts to modernise railway infrastructure across the country, with a focus on comfort, cleanliness, and connectivity.Here is all that you need to know about the…
Apple in India: Foxconn is allocating $2.56 billion to its Devanahalli operation. (AI image) As Apple looks to diversify its supply chain away from China, the Taiwanese firm Foxconn is readying a 300-acre campus for its army of workers who assemble Apple products. The dormitories for Foxconn Devanahalli plant’s 30,000 workforce are in advanced stages…
India’s economy has remained resilient even as global economic growth continues to be weighed down by ongoing trade tensions, uncertain policies and muted consumer sentiments, the Reserve Bank of India, said in its latest report.The apex bank said that even though the temporary pause in tariffs provided some relief amid ongoing headwinds, the overall outlook…
Gold price prediction: What is the outlook for gold and silver today and for the next few days? (AI image) Gold and silver price prediction: MCX Gold and MCX Silver have been volatile in the last few days with geopolitical events and Donald Trump’s tariff related developments weighing on investor sentiment.While gold is traditionally a…
Asian equities slumped on Thursday, mirroring Wall Street’s sharp losses from the previous day, as concerns over the US economy weighed heavily on investor sentiment. Pressure on US Treasuries continued, amid fears that Donald Trump’s push for new tax cuts could further inflate the already massive federal deficit.Shanghai reversed yesterday’s gains trading at 3,385.6, down…
Top stocks to buy today (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Computer Age Management Services, and ONGC are the top buy calls for today, while Bosch is a sell call.Here’s his view on Nifty, Bank Nifty and the top stock…
India is set to overtake Japan to become the world’s fourth largest economy this year. (AI image) US President Donald Trump is disrupting the world economy with his reciprocal tariffs – but India is well positioned not only against the adverse impact of these moves, but may actually be able to take long-term advantage from…
