[ad_1] NEW DELHI: India achieved a major milestone in its agricultural exports with the successful first ever trial shipment of pomegranates to Australia via sea, an official statement confirmed on Monday. This marks a crucial step in expanding market access for Indian produce while optimising costs compared to air freight.Until now, pomegranate exports to Australia…
[ad_1] The quantity of F35 fighters India might purchase could be limited. The US fifth-generation F-35 fighter jet acquisition could mirror India’s Rafale purchase from France, likely being an inter-governmental agreement serving as an interim solution for the Indian Air Force until indigenous jets are developed under the Advanced Multirole Combat Aircraft programme.According to an…
[ad_1] Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting February 17, 2025) are Shriram Finance and Varun Beverages. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) Shriram Finance 537 700 30% Varun Beverages 489 680…
[ad_1] According to Nagaraj Shetti of HDFC Securities, if Nifty decisively breaks below 22,800 support levels, it could reach around 22,450 levels. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in opening trade on Monday before recovering a bit. While BSE Sensex fell over 600 points, Nifty50 went…
[ad_1] MUMBAI: State Bank of India (SBI) has reduced interest rates on several new retail and business loans linked to external benchmarks, following the RBI’s recent repo rate cut.Home loans tied to the External Benchmark Rate (EBR), now at 8.9% (RBI repo rate of 6.25% plus a 2.65% spread), are available at 8.25% to 9.2%…
[ad_1] NEW DELHI: Post Covid-19 pandemic, Japanese companies are eyeing India as a base as they adopt the ‘China Plus One’ strategy to diversify their manufacturing and supply chains to reduce dependence on China, experts from Deloitte said.The strategy involves establishing production facilities in alternative countries, with India emerging as a significant beneficiary.“Post-Covid, Japanese companies…
[ad_1] Donald Trump (AP file photo) NEW DELHI: Amid Donald Trump’s moves to redefine global trade rules, the resumption of negotiations for India’s free trade deals with the UK and the European Union later this month are seen as indications that India as well as its two trading partners are willing to moving ahead with…
[ad_1] Central banks across Asia are increasingly using derivatives to protect their currencies against a strong dollar, raising questions over how long they can do so and whether they are just storing up trouble for the future. The RBI’s net dollar short forward position – the amount of dollars that will be sold at a…
[ad_1] NEW DELHI: A Mumbai court ordered Hitesh Mehta, the former general manager and head of accounts at New India Cooperative Bank, into police custody over the alleged Rs 122 crore misappropriation case. The holiday court on Sunday remanded Mehta and his co-accused, Dharmesh Paun, in custody until February 21 as the economic offences wing…
[ad_1] Are banks open on March 31, 2025? March 2025 bank holidays: RBI has directed all agency banks handling government transactions to remain operational on March 31, 2025 (Monday), despite it being a holiday in several states. This measure ensures accurate financial reporting for FY 2024-25 by recording all transactions within the same period.According to…
