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RBI MPC begins, likely to go for 25 bps rate cut on April 9, says SBI report
Business

RBI MPC begins, likely to go for 25 bps rate cut on April 9, says SBI report

Mumbai, April 7: As the Reserve Bank of India (RBI) began its Monetary Policy Committee (MPC) meeting (from April 7-April 9) here, SBI Research on Monday said it expects a 25-basis point rate cut in the policy and cumulative rate cut over the cycle could be at least 100 basis points, with two...
India’s 10Y bond yield projected to trade between 6.25-6.55 pc in FY26
Business

India’s 10Y bond yield projected to trade between 6.25-6.55 pc in FY26

New Delhi, April 5: India’s 10-year (10Y) bond yield is projected to trade between 6.25-6.55 per cent in current fiscal (FY26), a report said on Saturday. The government’s finely-tuned borrowing programme, with more supply of securities towards the short end, hints at keeping the long part of...
India-US trade negotiations key to boost stock market sentiment: Experts
Business

India-US trade negotiations key to boost stock market sentiment: Experts

New Delhi, April 5: The new financial year (FY26) has commenced on a subdued note, largely driven by the imposition of higher-than-anticipated tariffs by the US, market experts said on Saturday, adding that any constructive developments arising from the ongoing India–US bilateral trade negotiations...
NHAI hikes toll charges on highways and expressways across country
Business

NHAI hikes toll charges on highways and expressways across country

New Delhi, April 2: The National Highways Authority of India (NHAI) has raised toll charges for motorists driving through highways and expressways across the country by an average of 4 to 5 per cent as part of the annual exercise of factoring in inflation costs. The adjustment is part of NHAI's...
India less vulnerable to US tariff shocks than others: Report
Business

India less vulnerable to US tariff shocks than others: Report

New Delhi, April 2: India will remain the fastest growing economy among the advanced and emerging G-20 countries and the large size of its domestic market makes the country less vulnerable to potential shocks from US tariff policy. The report highlights that India has a low external vulnerability...
Aadhaar face authentication sees over 130.5 cr transactions, 39.5 cr in Jan-March
Business

Aadhaar face authentication sees over 130.5 cr transactions, 39.5 cr in...

New Delhi, April 2: The Aadhaar face authentication solutions, developed by the Unique Identification Authority of India (UIDAI), have seen a massive growth with over 78 per cent of the total transactions in FY25 alone, the government has said. Since the face authentication solution was introduced...
Daily ChatGPT users rise to fresh high on popular Ghibli-style AI images
Business

Daily ChatGPT users rise to fresh high on popular Ghibli-style AI images

Seoul, April 1: The daily active users (DAU) of ChatGPT, a generative artificial intelligence (AI) service developed by OpenAI, rose to a new high last month, driven by the popularity of its new image filter that transforms personal photos into famous Japanese animation-style illustrations, industry...
NRI remittances soar to record $129.4 billion in 2024, India retains top rank
Business

NRI remittances soar to record $129.4 billion in 2024, India retains top rank

New Delhi, April 1: Indians working abroad sent home a record $129.4 billion in 2024 with the highest-ever inflows of $36 billion in the October-December quarter, according to the latest figures compiled by the Reserve Bank of India (RBI). India tops the list of recipient countries for remittances...
South Korea to continue negotiations with US on trade barrier issues
Business

South Korea to continue negotiations with US on trade barrier issues

Seoul, April 1: The South Korean government will continue negotiating with Washington on non-tariff measure issues ahead of the planned announcement of U.S. reciprocal tariffs, the industry ministry said on Tuesday, shortly after the office of the US Trade Representative (USTR) released an annual...
India, US discuss trade, defence
Business

India, US discuss trade, defence

Washington, March 29: India and the US, on Friday, discussed trade just days ahead of President Donald Trump's reciprocal tariffs system kicks into effect. On a call between US Deputy Secretary of State Christopher Landau and India's Foreign Secretary Vikram Misri also discussed ongoing defence...
Trump expresses openness to tariff deals after reciprocal tariffs are enforced on April 2
Business

Trump expresses openness to tariff deals after reciprocal tariffs are enforced...

Washington, March 29: US President Donald Trump has expressed openness to cutting tariff deals with other countries as he plans to unveil new taxes on imports in the coming days, but he suggested any deals would be made after the tariffs go into place on April 2. "It's possible if we can get...
India has huge potential for renewable energy as supply and consumption grow: Centre
Business

India has huge potential for renewable energy as supply and consumption grow:...

New Delhi, March 29: India has a huge potential for generation of renewable energy which stood at 21,09,655 megawatts (as on March 2024), the government said on Saturday, adding that the country is experiencing a steady and healthy growth in both energy supply and consumption. The potential of...
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