China’s booming exports are emerging as a major concern for Europe, with leaders of the Group of Seven (G7) economies discussing ways to address growing trade imbalances amid fears of a new “China Shock” hitting European industry, according to news agency AP.After years of US tariffs aimed at curbing Chinese manufacturing dominance, Beijing has continued…
India and the UK on Wednesday announced that their landmark free trade agreement (FTA) will come into force on July 15, paving the way for tariff reductions, greater market access and enhanced economic cooperation between the two countries.The announcement marks the final step before implementation of the trade pact, which was signed last year and…
US President Donald Trump on Wednesday signalled progress in ongoing trade negotiations with India, saying the two sides were close to finalising an agreement.“We are very close to the deal,” Trump told reporters when asked about the proposed India-US trade pact on the sidelines of the G7 Summit.The remarks come amid intensified negotiations between New…
Under the new income tax regime, individuals with total income up to Rs 12 lakh can claim a rebate of up to Rs 60,000. (AI image) ITR filing FY 2025-26: Before filing your income tax return, it is important to be aware of the applicable income tax rates and slabs under both the new and…
After being at a war for over four months, the US and Iran will finally be signing an interim memorandum of understanding on Friday. The signing, which will take place in Switzerland, will pave the way for 60 days of negotiations aimed at ending the conflict and imposing strict limits on Tehran’s nuclear programme.According to…
Benchmark equity indices Sensex and Nifty closed higher for a fourth consecutive session on Wednesday as softer crude oil prices following the US-Iran peace deal boosted investor sentiment despite continued foreign fund outflows.The BSE Sensex rose 347.14 points, or 0.45%, to close at 77,155.62. During the session, it climbed as much as 410.51 points, or…
Mumbai: Mercedes-Benz’s Member of the Board of Management, Sales & Customer Experience., Mathias Geisen, was in India this week for the launch of the new S-Class – a plug-in hybrid. Against this backdrop, Gielsen spoke about Mercedes-Benz’s global sales performance, the transition to electric mobility, and the company’s strategy for India, one of its fastest-growing…
N Chandrasekaran (file photo) Tata Sons Chairman N Chandrasekaran has reportedly decided not to accept a salary increase for FY26 as the Tata Group remains focused on capital deployment priorities and the profitability of several recently established businesses.N Chandrasekaran’s total compensation for FY25 stood at approximately Rs 155.8 crore, which was a 15% rise over…
Reliance Jio Infocomm is reportedly close to filing draft papers for its long-awaited $4 billion initial public offering (IPO). According to a report by Financial Times, released on Wednesday, the filing is expected to come ahead of Reliance Industries chairman Mukesh Ambani’s annual address to shareholders at the company’s annual general meeting on Friday.If completed…
Despite the improvement in sentiment, gold remains highly sensitive to incoming macro data and policy expectations. (AI image) Gold price prediction today: Gold prices are holding strongly and buying from central banks is likely to continue supporting the yellow metal, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.Gold…