Car sales clock 15.5 per cent surge to 4.66 lakh units in Jan

New Delhi (IANS) Car sales in India surged by a robust 15.53 per cent to 4,65,920 in January this year, according to data released by the Federation of Automobile Dealers Associations (FADA) on Thursday. Sequentially, month-on-month car sales were…

RBI likely to cut repo rate by 25 basis points for 1st time in 5 years

New Delhi (IANS) The Reserve Bank of India (RBI), in all likelihood, is set to cut the repo rate by 25 basis points for the first time in almost five years, aligning with the Budget's objectives of stimulating economic activity while managing…

Gold hits all-time high at Rs 8,432 per gram amid geo-political uncertainties

Mumbai (IANS) Gold prices in India on Wednesday surged to an all-time high at Rs 8,432 per gram with an increase of Rs 1,322 as compared to Rs 8,310 on February 4, supported by safe-haven buying amid global uncertainties. 

According to experts,…

Sensex surges 1,397 points, Nifty ends higher as investors track US tariff developments

Mumbai (IANS) The Indian stock market on Tuesday ended on a strong note with both the BSE Sensex and NSE Nifty closed with gains of more than1 per cent as investors closely monitored tariff-related developments in the United States.   

The…

Tax cuts to spur discretionary consumption especially among salaried people: Report

New Delhi (IANS) Fiscal consolidation glide path is maintained with the Union Budget and tax cuts should spur discretionary consumption especially among the salaried class, a report showed on Tuesday. 

While reaffirming its commitment to fiscal…

Yotta launches India’s first sovereign B2C AI chatbot ‘myShakti’

Mumbai (IANS) In a bid to boost the ‘Make in India’ initiative and create homegrown AI models, Yotta Data Services on Tuesday introduced 'myShakti', India’s first sovereign B2C generative AI chatbot. 

Built using DeepSeek’s open-source…

Mining sector records strong growth in production of key minerals

New Delhi (IANS) The production of key minerals, such as iron ore, manganese and aluminium, in the country has continued to witness strong growth during the first nine months (April-December) of FY 2024-25, after reaching record production levels…

Trump tariffs: India can insulate itself by allowing US goods to enter freely, says Mark Mobius

New Delhi (IANS) As the Donald Trump administration in the US announced hefty trade tariffs on Canada, Mexico and China, ace global investor Mark Mobius said on Monday that these strong measures can impact the world economic order in the long term,…

Budget 2025-26 maintains high Capex amid fiscal prudence: BoB analysis

New Delhi (IANS) The Union Budget for 2025-26 has maintained fiscal prudence without compromising on the quality of expenditure and the government’s borrowing program has been stable, which is positive for markets, according to an analysis by Bank…

Budget aims to lift overall consumption to stimulate economic growth

New Delhi (IANS) The Union Budget 2025-26 ultimately aims to lift overall consumption which is the need of the hour to stimulate economic growth, said a report on Sunday.  

It’s being addressed by tax incentives in the hands of the middle class…