Business

China’s decision to ban exports of certain rare earth elements could disrupt India’s domestic production and exports in at least five core sectors, including transport equipment, basic metals, machinery, construction, and electronics, according to a new report from economists at the State Bank of India (SBI).The report pegged India’s rare earth and compound imports at…

As the final leg of the 7th Pay Commission nears, nearly 1 crore central government employees and pensioners are now tracking the next hike in Dearness Allowance (DA) and Dearness Relief (DR), which is due to be announced soon. Although the hike will be effective from July 2025, the actual credit of revised salaries typically…

The US aerospace giant has globally been in the news for all the wrong reasons. US President Donald Trump’s trade war seems to be benefitting one aviation sector giant in America – Boeing! As Trump seals trade deals with countries around the world, he is also bringing in deals, and Boeing is reaping the rewards.Boeing…

Life Insurance Corporation of India has ramped up its activity in the bond derivatives market, entering into $1 billion worth of forward rate agreements (FRAs) with global lenders including JPMorgan Chase & Co. and Bank of America Corp., Bloomberg reported, citing people familiar with the matter.The deals, executed over the past two months, now represent…

The rupee gave up early gains and settled 18 paise lower at 86.70 against the US dollar on Monday, pressured by persistent month-end dollar demand from importers and caution ahead of key trade and monetary policy decisions.After opening at 86.47 at the interbank foreign exchange, the domestic unit briefly strengthened to an intra-day high of…

While benchmark indices like the Nifty 50 and Nifty 500 have rebounded and now sit 5–6% below their September 2024 record highs, a majority of the broader market continues to lag, with over 60% of NSE 500 stocks still trading more than 20% below their 2024 peaks, according to an ETIG study.The surge earlier in…

PIF achieved a 62.9 Brand Strength Index score with an A+ rating, ranking second among sovereign wealth funds in 2025/ Image: PIF TL;DR PIF tops global SWF rankings with $1.2B brand value and fastest growth. BlackRock leads asset managers, followed by JP Morgan and Vanguard. PIF’s strength is driven by strategic investments, branding, and governance…

TCS layoffs: NITES has written a letter to Union labour minister Mansukh Mandaviya, voicing concerns regarding the mass sackings. (AI image) The news of TCS layoffs has led to Nascent Information Technology Employees Senate (NITES) writing to Labour Minister Mansukh Mandaviya. India’s biggest IT services firm, Tata Consultancy Services (TCS) on Sunday said it would…

Gold prices declined by Rs 500 to Rs 98,020 per 10 grams in the national capital on Monday, marking the fourth straight day of losses, as investor demand weakened after a trade deal between the US and the European Union reduced safe-haven interest. The data was released by the All India Sarafa Association.On Saturday, gold…

India’s industrial output growth slipped to a 10-month low of 1.5% in June 2025, dragged down by contractions in mining and electricity production due to the early arrival of the monsoon, according to official data released by the National Statistical Office (NSO) on Monday.In comparison, factory output as measured by the Index of Industrial Production…