U.S. President Donald Trump on Monday (July 7, 2025) set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on Malaysia, Kazakhstan, South Africa, Laos and Myanmar, all of which would go into effect on August 1. Mr. Trump provided notice by posting letters on Truth Social that were…
Benchmark BSE Sensex closed higher by 270 points on Tuesday (July 8, 2025), helped by late-day buying in banking and select IT shares as well as positive trends in the Asian markets. After moving in a narrow range for most of the session, the 30-share barometer rose by 270.01 points or 0.32% to close…
Micro, Small and Medium Enterprises (MSMEs) have become instrumental in shaping India’s generating employment, creating revenue, and in global outreach. In 2024, MSMEs contributed nearly 30% to the GDP. The aim is to raise this to 35% in the current year. This vast sector also provides opportunities for many women-led enterprises. The government has implemented…
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Net foreign direct investment (FDI) inflows stood at $35 million in May 2025, 98% lower than the $2.2 billion seen in May 2024 and 99% lower than the $3.9 billion in April 2025, according to new data released by the Reserve Bank of India on…
Benchmark Sensex jumped nearly 540 points while Nifty closed above the 25,200 level on Wednesday (July 23, 2025) on heavy buying in banking giants and oil shares and a positive trend in Asian markets after Japan secured a trade deal with the U.S. The 30-share BSE Sensex jumped 539.83 points or 0.66% to settle…
Stock markets closed lower on Wednesday (July 9, 2025) due to selling in IT and oil & gas shares as investors turned cautious ahead of the start of earnings season and mixed global trends. Dragged by late selling, the 30-share BSE Sensex fell by 176.43 points or 0.21% to settle at 83,536.08. During the…
For representative purposes. | Photo Credit: Getty Images The story so far: While life insurance is a ubiquitous term in India, disaster risk insurance is not. A low penetration of disaster risk insurance for individual property and livelihoods leaves much of the population exposed to irretrievable damage and loss. Most peoples’ assets and means of…
File picture of U.S. President Donald Trump | Photo Credit: Reuters The announcements by U.S. President Donald Trump and the White House regarding trade deals with Japan and details of the deal with Indonesia on Tuesday (July 22, 2025) will have significant implications and lessons for a potential trade deal with India, according to officials…
Equity benchmark indices Sensex and Nifty declined for the third session in a row on Friday (July 11, 2025), dropping nearly 1%, dragged by heavy selling in IT, auto and energy stocks amid a muted start of the earnings season. Tariff-related uncertainties and mixed global market trends also added to the pressure, analysts said….
This image is used for representational purpose only. | Photo Credit: Getty Images/iStockphoto The Central Government’s net direct tax collections up to July 10, 2025, have come in lower than in the same period of the previous financial year, according to official data released on Friday (July 11, 2025). This contraction has been led by…
