US ambassador to India Sergio Gor on Wednesday said Indian companies are planning to invest over $20.5 billion in the United States across multiple sectors, highlighting a surge in bilateral economic engagement under President Donald Trump.“Under President Trump’s leadership investment is flowing back into the United States at record levels! Indian companies plan to invest…
We see the current rebound in Gold to extend towards the initial resistance of $4,700 and then reverse the course, says Anand Rathi Shares and Stock Brokers. (AI image) Gold price prediction today: Any upside in gold and silver prices may face resistance at higher levels, says Vedika Narvekar, Research Analyst – Commodities & Currencies,…
Reliance Industries has begun discussions with the Department of Telecommunications (DoT) to support the process of securing orbital slots. (AI image) Mukesh Ambani-led Reliance Industries is exploring a major foray into satellite communications space, looking to invest billions in low earth orbit (LEO) satellites – a space that is currently dominated by Elon Musk’s Starlink….
NEW DELHI: Govt has notified 40 items across six sectors, including rare earth permanent magnets, capital goods, polysilicon wafers, advanced battery components and electronic capital goods and components for expedited FDI clearance for proposals coming from countries that share land border with India, a move aimed at fast-tracking approvals from Chinese companies in select segments.Besides,…
According to Siddhartha Khemka – Head of Research, Wealth Management, Motilal Oswal Financial Services Ltd, Nifty is expected to consolidate in the near term, with markets likely to remain sensitive to developments in West Asia. While, Positive domestic macros, steady Q4 earnings and intermittent FII buying has provided near-term support, elevated crude prices, currency weakness…
CII president Rajiv Memani (Image/ANI) NEW DELHI: Days after chief economic adviser V Anantha Nageswaran’s lament on India Inc’s slow growth in investments, CII president Rajiv Memani on Tuesday said that investment announcements by the corporate sector in FY26 went up 50% to Rs 41 lakh crore, on the back of a 20% rise in…
Govt on Tuesday cleared two more semiconductor manufacturing projects, with investment of Rs 3,936 crore, pushing forward its ambitions to build a domestic chip ecosystem under the India Semiconductor Mission (ISM).One of the approvals is for Crystal Matrix (CML), which will set up an integrated facility in Dholera. The unit will focus on compound semiconductor…
Amid expectations of an increase in retail prices of petrol and diesel, the International Monetary Fund (IMF) on Tuesday suggested a pass through of higher crude prices to consumers, while arguing that India had headroom to navigate the current energy shock due to the closure of the Strait of Hormuz.“They (govt) have cut excise taxes…
You will have to shell out more for your plate of pasta, a biryani handi or namkeen and biscuits because the high cost of commercial LPG cylinders, prices of which have recently been raised for the third time and by Rs 933, coupled with an increase in plastic and packaging rates are pushing restaurants and…
Unlike some of the soft drinks majors, for beer makers, cans are not a worry, but bottles are. Bottles, which make up for as much as 40-45% of the cost, and are used in nearly 80% of the sales are in short supply, prompting companies to seek a 15-20% increase in prices and release of…