Prime Minister Narendra Modi and US President Donald Trump met earlier last week in the White House amid tensions surrounding the US announcement of imposition of reciprocal tariff on trade partner countries to address “longstanding imbalances”. Per Nomura, the outcome of the bilateral meeting was in line with expectations, with near-term trade frictions likely to
Welspun Corp on Monday announced that it has received orders in the US worth Rs 3000 crore for natural gas pipeline projects. In a regulatory filing, the company said, “We are pleased to announce receipt of new orders in the USA including two large orders for HSAW Pipes and additional orders for HFIW Pipes, valued
Some of India’s leading law firms are making a beeline for the UAE in search of a pie in the $3.5-billion legal services market. The country, which has of late emerged as a gateway to the MENA (Middle East and North Africa) region, has positioned itself as a prominent financial and logistical centre for global
Venture capital firms are increasingly betting on smart home appliance market with startups like Beyond Appliances, Upliance, AroLeap, On2Cook, DrinkPrime, Aurm and Karban securing funding in recent months. For years, the adoption of smart home technologies— connected lighting, security systems and kitchen appliances — remained low in India compared to the US and China, where
Mukesh Ambani-led Reliance Industries Ltd and its partner BP Plc faced a setback when the Delhi High Court overturned an international arbitration tribunal’s ruling, which had previously exonerated the duo from paying compensation for gas allegedly migrated from adjoining fields. The court’s ruling comes after the government’s challenge to the arbitration award, which had dismissed
The government has dropped a plan to launch new production Linked Incentive (PLI) schemes, given that many of the existing ones are yet to produce satisfactory outcomes. However, it is likely to announce new incentive schemes for a clutch of industries, where India’s manufacturing competitiveness is seen to be long-hanging fruit. These incentives will, however
Following the government’s decision to reduce customs duty on bourbon whisky from 150 per cent to 50 per cent, the Indian alcoholic beverage industry called for the withdrawal of all state-level excise concessions on imported liquor. According to industry experts, this duty reduction could negatively impact domestic spirits and wine producers. The duty cut was
Karnataka received investment proposals worth Rs 10.27 lakh crore during the three-day Invest Karnataka summit, which concluded in Bengaluru on Friday. The ambitious commitments are expected to generate over six lakh jobs, boosting employment opportunities across the state. “The state is determined to convert at least 70% of these investment commitments into reality over the
When considering the purchase of a property near a highway, understanding the location’s significance is crucial in determining its price and demand. Properties with easy access typically sell more easily and align better with market demand. This has led to a longstanding trend of acquiring properties along main roads, including state and national highways and
India is witnessing an upward growth trajectory in luxury housing, with ultra-high-net-worth individuals transforming the landscape of luxury real estate. As the number of UHNIs grows, so does their appetite for ultra-luxurious residences that offer exclusivity, bespoke amenities, and prime locations. A recent survey by India Sotheby’s International Realty reveals that over 60% of High-Net-Worth
India’s leading IT companies like Wipro, TCS and Infosys are expected to face another challenging year in fiscal 2026 because of weak client spending in the US, as per a Reuters report. Analysts believe that indication from global tech giant Accenture signals ongoing caution in IT budgets and delay in decision making. These reasons can
Planning for retirement is crucial to ensure financial stability and independence in old age. The government provides various savings schemes designed to promote financial security and peace of mind during retirement. These schemes provide regular returns, tax benefits, and financial security, catering to different income levels and risk preferences. With these schemes, retirees can create
Even as stock markets struggle to eke out gains, the asset that has delivered big returns is Gold. Not surprisingly, the buzz is all about gold. In all this excitement, Gold’s close cousin, Silver, is not getting much press. But the fact is that Silver is not falling behind in the race to become one
