New Zealand’s PM Christopher Luxon, on Saturday, hailed the free trade agreement with India, saying that the deal fulfilled a key promise made by his government. “We said we’d secure a Free Trade Agreement with India in our first term, and we’ve delivered.” He further added that this “landmark deal means more jobs, higher incomes…
MUMBAI: The Irdai on Friday, fined Reliance General Insurance Rs 1 crore in Hyderabad for routing unauthorised payouts through marketing and awareness expenses that amounted to disguised commissions. The penalty follows Irdai’s examination of transactions across FY19, FY20 and FY21. According to the regulator, the insurer channeled payments to brokers, agents, corporate agents and unlicensed…
Bullion hits new highs: It was a shiny session for precious metals on Friday, with gold and silver scaling fresh lifetime highs as investors rushed to the safety of bullion amid expectations of US interest rate cuts and rising global tensions.Silver led the rally, extending gains for a fifth straight session. On the Multi Commodity…
Foreign investors have sharply pared their exposure to Indian equities in 2025, pulling out close to Rs 2 lakh crore from six key sectors, in what has emerged as one of the harshest bouts of selling seen in recent years. The scale and concentration of the exits have intensified debate on whether the pressure will…
Gold price today: Precious metals continued their strong rally on Friday, with gold and silver scaling fresh record highs in both domestic and international markets, driven by firm global cues and sustained investor demand.On the Multi Commodity Exchange (MCX), gold crossed the Rs 1.39 lakh mark per 10 grams for the first time. Gold futures…
The Regional Rapid Transit System (RRTS) has the potential to fundamentally change urban mobility patterns while acting as a catalyst for decentralised economic growth along transit corridors, real estate consultant Knight Frank said in a new report, PTI reported.According to a Knight Frank India study released on Friday, titled ‘Regional Rapid Transit System: Testing the…
IT services firm Coforge on Friday announced the acquisition of Silicon Valley-based AI firm Encora in an all-stock deal valued at $2.35 billion (about Rs 21,133 crore), marking one of the largest overseas acquisitions by an Indian mid-tier IT company, PTI reported.The acquisition will be funded entirely through equity, with Coforge issuing preferential shares worth…
2025 has cemented itself as the year of the “Tariff Wall.” With India now facing a new landscape of protectionism from the West, and complicated energy issues developing in the global energy market, India’s economic relationship with the world has been defined by a series of flashpoints.Although government officials say that India’s external sector remains…
The Corporate Affairs Ministry on Friday said it has not issued any circular mentioning that relaxations have been provided for additional fees and extension of timelines for filing financial statements under the Companies Law. “It has come to the notice of the Ministry of Corporate Affairs (MCA) that a fake General Circular No. 08/2025 dated…
Silver prices climbed to fresh lifetime highs in both domestic and international markets on Friday, driven by strong global cues and thin year-end trading, according to the All India Sarafa Association.In the national capital, silver soared by Rs 9,350 to close at a record Rs 2,36,350 per kilogram on Friday, up from Rs 2,27,000 per…
