Business
Trusted data key to evidence-based policymaking: Das
NEW DELHI: Trusted, timely and interoperable data is key to evidence-based policymaking and data-driven governance, principal secretary to PM Shaktikanta Das said Tuesday in a workshop organised by statistics ministry on strengthening the national data system . MoSPI secretary Saurabh Garg also underscored the need to move from siloed departmental data systems towards an integrated,…
US-Canada trade war: Old allies drift apart as US tariffs Ottawa’s dairy, alcohol and motorcycles
US President Donald Trump with Canadian Prime Minister Mark Carney The US and Canada trade dispute escalated on Tuesday (local time) with Washington announcing fresh restrictions on Canadian goods, after Ottawa introduced new tariffs on American products.The latest US measures will hit Canadian alcohol, dairy products, motorcycles and mopeds, while Canadian goods will also face…
Oil inches closer to $100 per barrel as Iran strikes US targets in Jordan
Oil prices inch closer to $100 per barrel Oil prices moved closer to the $100-a-barrel mark on Wednesday, rising more than 1% for a fourth straight session as renewed tensions between US-Iran and continued to rattle the crude market.Brent crude rose 1.47% to $99.36 a barrel, while US West Texas Intermediate climbed 1.54% to $94.46The…
Copper hits all-time high, Brent nears century mark
MUMBAI: Copper and crude oil, two important industrial raw materials for several industries, are on a tear. According to notes from Vedanta and ICICI Securities, a combination of factors like tightening mine supply, especially from Chile, shifting global trade flows amid potential US tariffs on refined copper, and accelerating demand from electrification, renewable energy, power…
Digital asset firms court sovereign funds
Digital asset firms court sovereign funds NEW DELHI: Digital asset firms will court sovereign investors at a Delhi roundtable this week as India pursues “faster, cheaper international payments” while insisting replacing the dollar is not on its agenda. Brics Digital Asset Round Table will gather 50 industry leaders.Organiser SWFI said iBrics summit investors manage $1…
India Gdp Growth: Robust GDP, record forex: Why economic boom is still taking a bite out of your breakfast
While GDP is growing and forex reserves are climbing, the grocery bill is telling a slightly different story (representative image) India’s economy clocked a herculean 7.8% growth in the April-June quarter of FY27. But is the average Indian feeling the boom?Despite global turbulence from the US-Iran conflict which has led to a shaky world economy,…
Nse Ipo: NSE IPO may open on September 18, list on September 25; Rs 30,000 crore issue in sight: Report
The public issue is likely to remain open on September 18, September 21 and September 22 (representative image) The nearly Rs 30,000-crore initial public offering (IPO) of the National Stock Exchange (NSE) is likely to open for public subscription on September 18 and list on September 25, sources said on Tuesday.The price band for the…
Flipkart: Flipkart widens lead against Amazon as quick commerce surges
Flipkart grows users faster than Amazon (representative image) Flipkart is adding users faster than Amazon in India, widening its lead in online retail even as quick-commerce platforms rapidly expand and its own rapid-delivery business, Flipkart Minutes, closes in on established rivals less than two years after its launch.Flipkart and Myntra together accounted for 35% of…
Husband died in 2006, and widow was paid PF and gratuity; she filed for pension in 2011 but window had closed in 2010, here’s what Delhi High Court said
The Delhi High Court said the communication in question did not establish the truth of Devi’s claim. Her husband passed away in 2006 and she was not eligible for family pension. However, the bank her husband worked at opened a one-time pension eligibility window some years later which the widow applied for after the last…
Crypto goes abroad, comes back as shopping money: How Indians are using overseas platforms to turn USDT, stablecoins into gift cards to buy groceries, fuel, food, mobile recharges and even gold
The vouchers are closed-loop prepaid instruments issued by specific entities. The world of cryptocurrencies is a strange one. And the way some Indians are ‘round tripping’ cryptos is another interesting facet of it.Someone ‘earning’ crypto through either legitimate or illegal activities can also use it via international organisations, without the transaction necessarily passing through local…