Business

[ad_1] India is set to be the main engine of global economic growth in 2025 and 2026, according to the World Economic Forum’s (WEF) Chief Economists Outlook report. The report, which surveys leading economists, highlights India’s strong economic fundamentals and positive outlook despite ongoing global uncertainties. “India, the region’s largest economy, looked set to be…

[ad_1] Florida Governor Ron DeSantis signed a new law on Tuesday that officially recognises gold and silver coins as legal currency in the state and exempts them from sales tax.The move positions Florida as the largest state to take this step, with the law set to take effect on July 1, 2026, pending ratification by…

[ad_1] The court ruling is being seen as a considerable obstacle for Trump’s efforts to reshape America’s trade relations globally. (AI image) A US trade court has dealt a blow to President Donald Trump’s reciprocal tariff plans saying that the American president has ‘overstepped’ his authority. The court has blocked the implementation of most of…

[ad_1] By the end of December, Indian Railways will achieve ‘Scope 1 net zero’, successfully offsetting 2.2 million tonne CO2. In a big boost to Indian Railways‘ green plans, the national transporter is set to reach its net zero objectives in the current year, significantly earlier than its 2030 target, primarily due to comprehensive electrification…

[ad_1] NEW DELHI: Banks will remain closed in Himachal Pradesh on Thursday, May 29 in observance of Maharana Pratap Jayanti, according to the Reserve Bank of India’s (RBI) state-wise holiday calendar.However, banks in the rest of the country will function as usual.Maharana Pratap Jayanti honours the birth anniversary of Maharana Pratap Singh, a legendary Rajput…

[ad_1] Gold prices have resumed their primary upward trend after a brief consolidation phase. (AI image) Gold and silver price prediction: MCX Gold and MCX Silver have shown considerable fluctuations recently, influenced by global political events and the impact of Donald Trump’s decisions regarding tariffs on market confidence. Despite gold’s conventional status as a secure…

[ad_1] Market analysts anticipate a period of consolidation with selective buying. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Thursday. While Nifty50 went above 24,850, BSE Sensex rose over 500 points. At 9:18 AM, Nifty50 was trading at 24,868.00, up 116 points or 0.47%. BSE…

[ad_1] US President Donald Trump (Pic credit: AP) As Wall Street weathers several waves of tariff threats from US President Donald Trump, a new trading mantra is catching on among investors: TACO, short for Trump Always Chickens Out.Coined by Financial Times commentator Robert Armstrong, the term refers to a market pattern that has emerged during…

[ad_1] Finance minister Nirmala Sitharaman Mumbai: Finance minister Nirmala Sitharaman on Tuesday asked public sector general insurance companies to develop innovative products for emerging risks such as cyber fraud and diversify their portfolios to meet evolving consumer demands.She reviewed the performance of public sector general insurers – New India Assurance, United India Insurance, Oriental Insurance,…

[ad_1] The Cabinet Committee on Economic Affairs (CCEA), under Prime Minister Narendra Modi‘s chairmanship, has sanctioned two significant railway multitracking projects in Maharashtra and Madhya Pradesh. These infrastructure developments, estimated at Rs 3,399 crore, are scheduled for completion in 2029-30.The sanctioned initiatives comprise: Ratlam-Nagda 3rd and 4th railway lines Wardha-Balharshah 4th railway line The projects…