NEW DELHI: Commerce secretary Sunil Barthwal said on Thursday that government was engaged in talks for a bilateral trade deal with the US, with deliberations taking place at multiple levels, but added that the status of an American delegation visiting India for the next round of bilateral trade talks will be known closer to the…
NEW DELHI: India’s goods exports rose 7.2% to $37.2 billion in July, snapping a two-month declining trend, while imports increased 14.7% to $64.6 billion. As a result, the trade deficit widened to $27.4 billion, the highest since last Nov.Although petrol, diesel and jet fuel exports fell 25% to $4.3 billion, it was more than offset…
NEW DELHI: Amid discussions for reduction of GST for many products, a group of ministers from states, headed by Bihar deputy CM Samrat Chaudhary, will meet next week. Several members of GoM, especially those from the Opposition, had suggested maintaining status quo on slabs and rates, citing possible adverse impact on revenue, but govt has…
The average rate on a 30-year mortgage in the US fell to 6.58% this week, its lowest in nearly 10 months, offering prospective homebuyers a boost in purchasing power amid a sluggish housing market, Freddie Mac reported on Thursday. The long-term rate declined from 6.63% last week, while a year ago it averaged 6.49%, AP…
Russian oil major Rosneft-backed Nayara Energy Ltd is engaging with the Indian government and trade partners to ensure smooth transactions and maintain operational stability at its Vadinar refinery in Gujarat, which has been impacted by European Union sanctions.The company, included in the EU’s 18th sanctions package on Russia over the Ukraine conflict, has faced challenges…
S&P has said that the impact of US tariffs is not likely to be extensive on India’s economy. S&P Global, the US-based credit ratings agency, has upgraded India’s rating to ‘BBB’ from ‘BBB-) citing several positive factors in favour of the world’s fifth largest economy. S&P’s confidence in India’s growth story comes at a time…
Debt-laden Vodafone Idea reported a consolidated net loss of Rs 6,608 crore for the quarter ended June 30, 2025, widening from Rs 6,426.7 crore a year earlier, as higher finance costs weighed on earnings.Revenue from operations rose about 5% to Rs 11,022.5 crore in the April–June period, compared with Rs 10,508.3 crore in the same…
Gold loan NBFC Muthoot Finance shares surged nearly 10 per cent on Thursday after the company posted a 65 per cent year-on-year jump in consolidated profit after tax (PAT) for the June quarter.The stock climbed 9.83 per cent to close at Rs 2,757.55 on the BSE, after touching an intra-day high of Rs 2,799 —…
Gold rate today: Gold prices in the national capital rose Rs 400 to Rs 1,01,420 per 10 grams on Thursday, supported by fresh buying from stockists and firm global trends, according to the All India Sarafa Association. The yellow metal of 99.9% purity had closed at Rs 1,01,020 in the previous session.Gold of 99.5% purity…
India’s merchandise exports touched $37.24 billion in July, marking a 7.29% increase from $34.71 billion a year earlier, according to government data released Thursday. The trade deficit for the month came in at $27.35 billion.Imports rose 8.6% year-on-year to $64.59 billion in July, PTI reportedCumulatively, in April–July 2025-26, exports grew 3.07% to $149.2 billion, while…
