The government currently has no roadmap for mergers among public sector banks, Finance Minister Nirmala Sitharaman said, indicating that consolidation is not under active consideration even as a new banking reform panel is set to review the sector’s future.“I am not familiar with any roadmap…there isn’t one,” Sitharaman said in a media briefing after her…
MUMBAI: Even as premiumisation is playing out in a big way and companies are latching on to the trend to spruce up growth, mass consumption continues to struggle. From apparel to jewellery and food, firms are finding it hard to get entry-level, middle class shoppers to spend more–in jewellery, of course, high prices of gold…
US stocks moved lower as investors reacted to President Donald Trump’s decision to increase global tariffs, though market swings remained far milder than the sharp volatility witnessed during last year’s tariff-driven sell-off.The S&P 500 declined 0.7%, while the Dow Jones Industrial Average dropped 618 points, or 1.2%, and the Nasdaq Composite slipped 0.7% in morning…
Following the US Supreme Court’s ruling late last week, an Indian delegation has postponed a planned trip to Washington. India now has more room for negotiations in a trade deal with the US after the American Supreme Court ruled that Donald Trump’s tariffs are illegal. The US Supreme Court’s move to invalidate President Donald Trump’s…
The labour ministry has initiated a process to return unclaimed funds lying in inoperative Employees’ Provident Fund Organisation (EPFO) accounts to subscribers, a move expected to benefit over 3.1 million account holders, labour minister Mansukh Mandaviya said.A pilot phase covering about 0.7 million subscribers will be rolled out shortly after the decision was taken during…
Equity benchmark indices ended higher on Monday as investor sentiment strengthened following the US Supreme Court’s decision striking down sweeping tariffs imposed by President Donald Trump, with domestic sectors leading the rally.The NSE Nifty rose 141.75 points, or 0.55 per cent, to close at 25,713 after touching an intraday high of 25,771.45, up 200.2 points…
Gold rate today: Gold prices moved higher on Monday tracking firm trends in the domestic futures market as fresh buying and supportive global cues lifted bullion sentiment. The rise comes amid continued investor interest in safe-haven assets and steady international price support.On the Multi Commodity Exchange (MCX), gold futures for the April 2026 contract were…
