[ad_1] KV Subramanian (File photo) In an unexpected move, the government has cut short KV Subramanian’s appointment as the executive director at the International Monetary Fund (IMF), ahead of his scheduled completion. The Appointments Committee of the Cabinet has decided to end his role effective April 30, 2025.No official explanation for this early termination has…
[ad_1] Markets regulator Sebi has imposed a total penalty of Rs 58.5 crore on four senior officials of Seya Industries Ltd, including promoter and Chairperson Ashok Rajani and his son, Amrit Rajani, for allegedly siphoning off funds and falsifying financial statements over multiple years, news agency PTI reported.In its final 122-page order issued Friday, Sebi…
[ad_1] Trade items including dry fruits and chemicals worth around $500 million are reportedly entering India via intermediary nations such as the UAE, Singapore, Indonesia and Sri Lanka, according to an official, quoted by news agency PTI. The official indicated that a considerable portion of the Pakistani exports previously sent directly to India are now…
[ad_1] Warren Buffett’s Berkshire Hathaway reported significantly lower profits Saturday morning, posting just over one-third of last year’s earnings—moments before thousands of shareholders poured into an Omaha arena to hear from the legendary investor himself.The drop in profits was largely due to a steep decline in the value of Berkshire’s investments and $860 million in…
[ad_1] More than seven decades after gaining independence together in 1947, India and Pakistan have taken sharply divergent economic paths, with one of the starkest contrasts visible in their foreign exchange reserves — a key indicator of financial stability and economic resilience.According to a detailed analysis by The Economic Times (ET), India’s forex reserves currently…
[ad_1] This is an AI-generated image, used for representational purposes only. US travel sector faces major slowdown as Donald Trump’s tariff policies hit tourism, consumer sentimentThe US economy may lose tens of billions of dollars in 2025 as weakening travel demand, driven by declining international tourism and softer domestic spending, casts a shadow over the…
[ad_1] Representative image (Picture credit: ANI) NEW DELHI: The Indian rupee is expected to strengthen against the US dollar in the near term, driven by a combination of improving domestic fundamentals and a supportive global environment, according to a recent report by Bank of Baroda. The report, as per ANI, projects the rupee to trade…
[ad_1] This is an AI-generated image, used for representational purposes only. NEW DELHI: Private capital expenditure (capex) in India remained weak in the fourth quarter of FY25, even as overall project announcements surged, according to a report by Avendus Spark. While new project announcements across the public and private sectors rose by 22.7 per cent…
[ad_1] NEW DELHI: After LNG, govt is exploring the possibility of increasing fertiliser imports from the US as it seeks to address US President Donald Trump‘s concerns over the trade balance being in India’s favour.The move will also help India reduce its dependence on countries, such as China and Russia, which are among the top…
[ad_1] THIRUVANANTHAPURAM: The flagship of the Adani Group, Adani Ports & SEZ, is transforming into a transport utility player, with a presence in every aspect of the business and not limited to the traditional ports segment, said managing director Karan Adani.“We don’t want to be limited to just being a port player. Our focus is…
