Business

Mutual Funds share in savings jumps 6x in 10 yrs

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The Quiet Revolution: How Mutual Funds Are Reshaping Indian Savings For generations, the image of Indian savings was synonymous with gold jewelry locked away in ...

IndusInd investors block promoter bid for board seats

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IndusInd Showdown: Investors Push Back on Promoter Board Seat Nominations The air crackled with tension at IndusInd Bank’s recent annual general meeting (AGM). Forget the ...

Zydus Wellness acquires UK-based Comfort Click for GBP 239 mn; enters VMS market; strengthens global push

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Zydus Wellness Ltd’s subsidiary, Alidac UK Ltd, is set to acquire Comfort Click for GBP 239 million, marking its entry into the VMS segment. Comfort ...

Canada GDP contracts 1.6% in Q2, US tariffs weigh on exports, first decline in seven quarters

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Canada’s economy experienced a contraction of 1.6% in the second quarter, marking the first GDP decline in seven quarters. This downturn was largely attributed to ...

Critical minerals pact: India, Japan ink cooperation deal; pact to diversify critical supply chains

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India and Japan have formalized a mineral resources agreement to diversify critical mineral supply chains, aligning with India’s net-zero goals. The collaboration involves information exchange, ...

Gunny bag charges: Centre hikes usage rate by 40% to Rs 10.22 per bag; to aid procurement

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The Indian government has increased usage charges for gunny bags by 40% to Rs 10.22 per bag, responding to requests from states and Union Territories. ...

US stocks today: Wall Street slips from record highs as inflation steadies; traders eye September Fed rate cut

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US stocks experienced a pullback on Friday following recent record highs, influenced by steady inflation data. The S&P 500 dipped 0.5%, while technology shares, particularly ...

‘No major downside’: CEA V Anantha Nageswaran asserts US tariffs’ impact to be short-lived; pegs India’s FY26 GDP at 6.3-6.8%

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Chief Economic Advisor anticipates India’s economy to grow between 6.3% and 6.8% in FY26, dismissing concerns about high US tariffs causing significant risks. The economy ...

Gold rate today: Gold prices soar Rs 2,100 to record high of Rs 1,03,670/10 gm, silver slips Rs 1,000 amid rupee crash

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Gold prices in the national capital soared to a record high of Rs 1,03,670 per 10 grams, driven by persistent buying, a weaker rupee, and ...

US price gauge steady in July; core inflation ticks higher, Fed cautious on rate cuts

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Despite President Trump’s tariffs, the Federal Reserve’s preferred inflation measure remained steady in July, while core inflation saw a slight increase, indicating ongoing price pressures. ...