Payments via mobile phones clocked 41 pc jump in July-Dec 2024

New Delhi (IANS) Payments through mobile phones in India recorded a 41 per cent jump in transaction volume to 88.54 billion and a 30 per cent rise in value to Rs 197.69 lakh crore in the second half of 2024. 

India’s digital payments ecosystem…

Sensex, Nifty open higher after Trump pauses tariffs till July 9

Mumbai (IANS) Indian equity market opened in the green on Friday after US President Donald Trump announced to pause reciprocal tariffs on the country till July 9. 

At around 9:22 am, Sensex was up 1,170 points or 1.58 per cent, at 75,017 and…

India, US likely to sign trade pact within 90-day tariff-pause period

New Delhi (IANS) The first phase of the bilateral trade agreement between India and the US is likely to be concluded within the tariff-pause period of 90 days fixed by the Donald Trump administration, according to official sources. 

The terms…

Trump pauses tariffs on countries like India that did not hit back

Washington (IANS) US President Donald Trump on Wednesday announced a 90-day pause in reciprocal tariffs for trading partner countries that have not retaliated with higher levies on American goods — such as India — and further hiked the levy on China…

India’s exports surge to record $820 billion in 2024-25 despite global challenges

New Delhi (IANS) India’s goods and services exports have crossed a record $820 billion in financial year 2024-25, which represents a close to 6 per cent increase over the corresponding figure of $778 billion for the previous financial year, despite…

RBI cuts repo rate by 25 basis points, switches to accommodative stance to spur growth

Mumbai (IANS) RBI Governor Sanjay Malhotra on Wednesday announced a 25 basis cut in the policy rate from 6.25 per cent to 6 per cent and change in monetary policy stance from neutral to accommodative to accelerate economic growth. 

The RBI…

RBI cuts inflation forecast to 4 per cent for 2025-26

Mumbai (IANS) The Reserve Bank’s Monetary Policy Committee has reduced its inflation forecast for 2025-26 to 4 per cent from 4.2 per cent earlier as the “outlook for food inflation has turned decisively positive,” RBI Governor Sanjay Malhotra said…

India plans to seal trade deal with US by fall 2025: EAM Jaishankar

New Delhi (IANS) India is perhaps the only country which has reached an understanding with the United States to ink a bilateral trade agreement (BTA) by the fall of this year, External Affairs Minister S. Jaishankar said on Wednesday, as reciprocal…

Malls, mainstreets drive 55 pc surge in India’s retail leasing during Jan-March

New Delhi (IANS) Leasing activity in India’s retail sector recorded a robust 55 per cent jump to cross 2.4 million square feet (MSF) in the January-March quarter this year across top eight cities, with both malls and mainstreets contributing to the…

Tata Motors’ global wholesales dip 3 pc in Jan-March

Mumbai (IANS) Tata Motors on Tuesday reported a 3 per cent decline in its global wholesales for the March quarter (Q4 FY25), even as its luxury car unit Jaguar Land Rover (JLR) registered a slight increase in sales. 

The total group-wide wholesales,…