The Smart Cities Mission is heading towards its 10th year anniversary, making major progress with the completion of more than 90% projects under the urban development initiative launched by PM Narendra Modi on June 25, 2015. Out of over 8,000 multi-sectoral projects worth Rs 1.64 lakh crore planned across 100 cities, 7,504 projects totalling Rs…
India and the US have agreed on terms of reference for negotiating a proposed Bilateral Trade Agreement (BTA), as announced by the US Trade Representative (USTR)The USTR Jamieson Greer indicated that these discussions aim to establish reciprocity and create new market opportunities whilst addressing practices detrimental to US workers.“I am pleased to confirm that USTR…
Gold rate: As gold prices in India soared past the Rs 1 lakh mark per 10 grams in the retail market, Kotak Mahindra Bank founder and director, Uday Kotak, hailed Indian housewives citing their age-old investment wisdom.In a post on X (formerly Twitter), Kotak referred to them as “the smartest fund managers in the world,”…
The US administration is seeking to negotiate with India to provide full market access to online retailers like Amazon and Walmart in its £125 billion ecommerce sector, as part of trade discussions conducted under potential tariff increase threats, according to reports from Financial Times.US officials, industry executives and lobbyists reportedly indicated plans to urge Prime…
Trump trade war: Ajay Srivastava, founder of Global Trade Research Initiative (GTRI) has said that India must strategically engage with both giants – China as well as US and refrain from siding with any one of the two in the ongoing tariff war. India must follow the principles of global trade, rather than personal interests,…
AI-generated image (Credit: Lexica) The United States has announced imposition of substantial new duties reaching up to 3,521 per cent on solar imports from four Southeast Asian nations, supporting domestic manufacturers whilst creating challenges for the nation’s renewable energy development.The duties, announced on Monday, follow a year-long trade investigation that claims that solar manufacturers in…
New Delhi: Govt on Monday imposed a 12% provisional safeguard duty for 200 days on five steel product categories to protect domestic players from surge in imports. The decision follows a recommendation for the same by the commerce ministry’s investigation arm Directorate General of Trade Remedies (DGTR). Last month, the DGTR suggested to impose the…
BENGALURU: Infosys is expanding its capabilities with a full-fledged global capability centre (GCC) practice and has appointed Deval Shah, the former MD and country head of India for Danske IT and Support Services India, as its new GCC leader, sources told TOI.Shah is currently the VP and delivery head at Infosys. Two years ago, Infosys…
MUMBAI: Led by a significant rally in bank stocks, Dalal Street experienced a strong upsurge on Monday. The sensex reclaimed the 79K level, while the Nifty rose above the 24K mark, both after more than four months. The BSE bankex rallied over 2% to a new all-time high during the day’s session.The rally was driven…
Monday’s session added about Rs 6.25 lakh crore to investors’ wealth, with BSE‘s marketcapitalisation now at Rs 425.9 lakh crore. This, in effect, lifted BSE’s market cap above the $5 trillion mark again. The last time BSE’s market cap was at this level was on January 20 this year. Source link
