Posts

Showing posts from February, 2025

AC prices heat up on weak Re, supply woes

Image
from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/vn03CJb

After private sector experiment, finance secretary Tuhin Kanta Pandey named Sebi chief

Image
Tuhin Kanta Pandey has been named the new chairman of Sebi, succeeding Madhabi Puri Buch. Pandey, a 1987-batch IAS officer with extensive experience in finance, is known for his adherence to rules and clean image. He will face the challenge of addressing staff issues at Sebi and maintaining confidence among stakeholders. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/LdF3ok6

Pay up to 20% more for vacations abroad

Image
Falling rupee and rising hotel tariffs have made overseas holidays more expensive for Indians, with a 15%-20% increase in costs compared to last year. European and Southeast Asian destinations are most affected. Despite the hike, travel interest remains high, with more bookings for exotic locations. The strengthening dollar and domestic travel costs are also contributing factors. Free e-visas from several countries are boosting interest. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/P3v4pza

Wall Street stocks climb ahead of key Nvidia results

Image
US stocks climbed Wednesday, driven by tech gains ahead of Nvidia's crucial earnings report. Nvidia soared 4%, its performance seen as critical after concerns over AI infrastructure surfaced. The S&P rose 0.6%, the Nasdaq 100 added 1%, while the Dow Jones gained 0.1%. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/utKcC1N

Double trouble for foreign education: Weaker rupee, tougher visas

Image
A weak rupee is increasing costs for Indian students studying abroad, exacerbated by tighter post-education work visa norms in the UK and Canada. This could lead to longer loan repayment periods or higher EMIs. Experts suggest locking in foreign exchange rates early and seeking scholarships to reduce financial burden, while recommending students to focus on emerging fields for better job prospects. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/BeOGZLT

RBI relaxes rules for micro credit, non-bank lenders

Image
The RBI has eased restrictions on lending to non-bank finance companies and microfinance institutions by lowering risk weights for bank credit. This move aims to boost lending capacity and support economic growth, reversing the slowdown observed after previous regulatory measures. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/9dMormE

CBSE Class X students can skip subjects, retake exams under new norms

Image
Starting in 2026, CBSE students can choose between two Class X Board exam sessions in February and May, or opt to appear for both. Students can skip specific subjects in the second attempt if satisfied with their initial scores. Examination fees will be increased, and there will be no supplementary exams as the May session acts as one. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/npNj7Ea

Warren Buffett readies for big bets, How Berkshire Hathaway plans to utilize $321 Billion cash reserve

Image
Warren Buffett reassures Berkshire Hathaway shareholders about its $321.4 billion cash reserves. Buffett emphasizes future strategic investments in equities and significant stakes in Japan's trading giants. Berkshire Hathaway's total market value exceeded $1 trillion in 2024 due to long-term reinvestment and compounding returns. Operating earnings rose significantly in 2023. Buffett highlights reinvestment over dividends. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Dwk5yzQ

FTA talks on: India, UK eye social security pact

Image
India and the UK have resumed discussions on a free trade agreement, including social security and investment. India is open to reducing tariffs to foster competitive business relations. Both sides aim for a balanced and mutually beneficial deal, prioritizing quality over speed, with a focus on business visas for students. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/QgPeKTy

Sensex slips below 75k mark, logs lowest level in 8 months

Image
The Sensex dropped for the fifth consecutive session, closing at an eight-month low of 74,454 points. Weak global sentiment and substantial foreign fund outflows affected the market. IT, telecom, and metal stocks led the decline, while the broader Nifty also fell significantly. Despite the selloff, optimistic forecasts suggest potential recovery. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/DqGtc2A

US reciprocal tariffs may hit exports of India-made iPhones, auto parts

Image
Apple and auto component makers face potentially significant losses if the Trump administration imposes reciprocal tariffs on electronics and smartphones imported from India. This move could disrupt Apple's manufacturing investments, which currently benefit from zero import duties in the US, and impact the competitive edge of India's electronics and auto components exports. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bltfiyk

Sebi may expand angel fund investor pool, scrap 200 cap

Image
from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/br8pqs2

AIIMS CRE admit card 2025 out shortly, exam from Feb 26: Check where and how to download

Image
AIIMS CRE admit card 2025: AIIMS will hold the Common Recruitment Examination (CRE) from February 26 to 28, 2025, to fill 4,576 vacancies for various Group B and C positions. Candidates can download their admit cards from February 23, 2025, by following the steps outlined on the official website. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/hOMKqvl

SSC CGL 2024 final vacancy of 18174 posts out, preference submission begins: Check department wise details and pay levels

Image
Candidates who appeared in the SSC CGL 2024 Tier 2 exam can now submit their post and department preferences via the official website until February 27, 2025, 5 PM. The SSC has announced 18,174 vacancies with a detailed category-wise distribution for the recruitment process. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/LIrEcVa

UGC NET December 2024 cut-offs announced: Check qualifying criteria for key subjects and more

Image
UGC NET December 2024 cut-off: The National Testing Agency (NTA) has announced the UGC NET 2024 cut-off for the December session, including subject and category specifications. The cut-off marks are accessible on the official website. Over 6.49 lakh candidates appeared for the exam, with over 1.14 lakh qualifying for Ph.D. admission only. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/10Lh9fp

UGC NET December 2024 result out, over 1.14 lakh candidates qualify for PhD admissions: Direct link to check here

Image
The National Testing Agency (NTA) has announced the UGC NET December 2024 results, with 6,49,490 candidates having appeared for the exam. The scorecards and cut-off marks are now available on the official website, and eligibility certificates for qualified candidates are expected soon. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/feOoaG7

Satcom policy shouldn't discriminate against terrestrial cos: Sunil Mittal

Image
Sunil Mittal of Bharti Group supports satellite connectivity for underserved rural areas using shared spectrum. He urges the regulator Trai and government to develop non-discriminatory policies for urban satellite connectivity, ensuring fair competition with terrestrial providers. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/defThlp

RBI plans $10 billion dollar-Re swap to improve liquidity

Image
from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/nUAvO8h

'Appropriate time for a rate cut': RBI governor in policy meet

Image
from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/X2QVYvK

RBI imposes Rs 46 lakh penalty on three firms for non compliace

Image
The Reserve Bank of India (RBI) fined Citibank NA, JM Financial, and Asirvad Micro Finance for regulatory non-compliance. Citibank was penalized Rs 39 lakh for credit data breaches, JM Financial fined Rs 1.5 lakh for non-disclosure of interest rate rationale, and Asirvad Micro Finance fined Rs 6.2 lakh for failing to report borrower income and other omissions. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ULAvzI5

PhonePe prepares for public listing

Image
from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/7NDBrJS

RBI net sold over $15 billion forex in December

Image
from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/AD6LOIQ

Mittal sells $1 billion Bharti stake amid BT buy

Image
GQG Partners LLC and Fidelity Investments, among other major investors, have bought shares in Bharti Airtel. Indian Continental Investment sold over 0.8% stake, raising approximately $976 million. Bharti Telecom acquired nearly a quarter of the shares. The sale aims to fund founder Sunil Bharti Mittal's international ventures, including investments in Africa and the UK satellite company OneWeb. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/I2RcLAa

Rupee dips to 86.95, dollar gains against Asian majors

Image
The rupee fell by 8 paise, closing at 86.95 against the US dollar on Tuesday due to demand for dollars linked to maturing non-deliverable forward (NDF) contracts and regional currency weakness. Outflows of $12 billion from local stocks by foreign investors in 2025 further pressured the rupee. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/bvlTsZm

Smartphone exports jump 50% on iPhone shipments

Image
India's mobile phone exports have increased by nearly 50% in the first 10 months of the financial year, led by iPhone production. Apple has significantly ramped up manufacturing, making India a global hub. Exports are expected to reach Rs 1.8 lakh crore by year-end, bolstered by government incentive schemes and boosted local production. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/5wk0ndj

Tesla’s cars coming soon to India? Company advertises positions for retail staff

Image
Elon Musk may be finally moving forward with launching Tesla's electric cars in India, following recent discussions with Prime Minister Narendra Modi. Tesla has advertised for retail positions in Mumbai and is expected to import cars initially, encouraged by recent government policies and incentives. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/gmlF8rb

SBI MF first to unveil Rs 250 micro-SIPs

Image
from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ZuDQjih

PD Singh to take over as StanChart CEO from Zarin Daruwala

Image
from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/VFjUCJY

'Yielding good returns': FIIs selling Indian equities due to profit booking, says Nirmala Sitharaman

Image
Finance minister Nirmala Sitharaman attributes the recent sell-off by foreign institutional investors in Indian equities to profit booking. Officials clarify that FIIs are returning to their home countries amid global uncertainties, and emphasize India's position as a strong, resilient, and fast-growing economy. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/y8bxKaG

Calls for differential deposit cover intensify

Image
India's deposit insurance fund of nearly Rs 2 lakh crore ranks third globally but covers only 46.3% of deposits due to a Rs 5 lakh coverage limit. Calls for higher coverage have been reignited, particularly for senior citizens and small depositors, following recent banking issues. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/uFTIB5M

NEET MDS 2025 exam to be held on Apr 19: Check important deadlines here

Image
NBEMS has announced NEET MDS 2025 will be held on April 19, 2025. The application process is set to start on February 18, 2025, and end on March 10, 2025. The information bulletin with detailed instructions is expected to be released soon. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/C29ndLE

JEE Main 2025 Paper 2 answer key out: Objection window closes tonight, direct link here

Image
The National Testing Agency (NTA) has released the provisional answer key for the JEE Main 2025 Session 1 Paper 2 (BArch/BPlanning) on its official website. Candidates can access the answer key by logging in with their application number and password; objections can be submitted online until February 16, 2025. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/oGX8Q27

Biz key to becoming developed, have given it priority: Mandaviya

Image
Labour and employment minister Mansukh Mandaviya emphasized the Modi government's priority on industry and trade to elevate India to a developed nation by 2047. Highlighting initiatives like 'Make in India' and 'Startup India', he noted the increase from four to 118 unicorns over the last decade. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/gsJCpoB

Heavy FII selling reins in Rupee gains even as US Dollar stabilises

Image
Foreign funds have withdrawn over Rs 1 lakh crore from the Indian stock market in 2025, impacting investor sentiment and causing the rupee to weaken. This outflow, combined with a strong dollar and rising US bond yields, has led to an ongoing market decline and increased volatility. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/uLCPsoJ

Govt keeping a close watch on prices & rupee, says FM Sitharaman

Image
Finance minister Nirmala Sitharaman expressed confidence in moderating inflation while emphasizing that the government and RBI are monitoring the price situation. She addressed concerns regarding the fluctuating rupee and defended Budget calculations against criticism. Sitharaman highlighted the measures taken to manage food inflation and assured that the steps taken are realistic despite global economic uncertainties. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Bi3IlJn

Voda Idea CEO calls for more frequent telecom tariff hikes

Image
from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/NRxA0U2

IEA sees India’s LNG imports doubling by 2030 on demand surge

Image
India's gas consumption is set to increase by 60% to 103 bcm by 2030, with LNG imports more than doubling. The International Energy Agency highlights the need for further market liberalisation and strategic planning to secure long-term contracts. The city gas distribution sector is expected to drive growth, supported by infrastructure expansion and competitive pricing. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/pzCEi1W

PetroBras plans to return, inks MoU with OIL, OVL

Image
from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ilvVTdy

US dominates imports of almonds, pistachios

Image
from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/p6swvu8

Sensex tumbles 1,018 points as Trump tariffs take toll

Image
On Tuesday, the sensex and Nifty closed lower for the fifth straight session due to weak global and domestic cues. Trump’s tariffs and ongoing US trade policy uncertainty, along with a weak rupee and continuous foreign fund outflows, impacted market sentiment. Sensex dropped by 1,018 points, Nifty by 310, and mid- and small-cap indices saw significant losses. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/AUbXYBz

Fed in no hurry for rate cuts: Jerome Powell hints no change in bank's policy

Image
Federal Reserve Chair Jerome Powell stated that the central bank will keep interest rates unchanged, citing ongoing inflation above the 2% target and a strong job market. Although future rate cuts are uncertain, Powell emphasized the prudence of maintaining the current policy stance amidst economic changes under the Trump administration. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2BL4zmb

Government eyes $100 billion FDI as it sets up EFTA platform

Image
from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/pbeOjyZ

Biocon's growth formula: Generics & biosimilars

Image
Biocon is set for major growth in the next 2-3 years, propelled by new generics and biosimilars. The Viatris acquisition strengthens its position in the U.S. market, with significant market share in some products already achieved. December quarter revenue increased by 14% in biosimilars and research services. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/DUvk81C

Record Street: Rupee nears 88/$, gold Rs 88k

Image
from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/oCFwSRI

'Government's capex spends set to gather pace'

Image
Expenditure Secretary Manoj Govil anticipates an uptick in capital spending, citing early signs. He discusses upcoming 8th Pay Commission, expected by April, and its fiscal impact starting 2026. He also addresses the unified pension scheme aimed to be operational by April, foreseeing increased financial requirements. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Bu5nG71

'Health insurance to beat motor business'

Image
from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/IQHUNlT

Judge halts federal buyout plan: A sigh of relief for employees or a deeper crisis for the Education Department?

Image
The US Education Department faces turmoil as President Trump’s “deferred resignation programme” leaves employees in limbo. A federal judge has temporarily halted the buyout plan, granting labor unions time to challenge it. The initiative, which threatens workforce reductions, raises concerns over school funding oversight, student aid processing, and education policy enforcement, potentially disrupting the sector nationwide. from Latest Education news - Board Exam Results, Admit Cards, Exam Paper Analysis and Question Papers | Times of India https://ift.tt/jMC8dXH

New I-T bill may be introduced in House on Tuesday

Image
from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/vpmcQyW

Fiscal, monetary steps to help boost consumption, says Finance minister Nirmala Sitharaman

Image
Finance minister Nirmala Sitharaman emphasized that coordinated fiscal and monetary efforts by the government and RBI will boost consumption. She noted early signs of strong orders for the next fiscal, indicating a recovery in consumption and potential private investment. Her remarks followed income tax relief measures and an RBI rate cut, highlighting collaboration with the RBI to maintain economic stability. from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Y8EF0DM

RBI expects economy to grow 6.7% in next fiscal

Image
from Business News: Budget 2025, Business News Today, Latest Business News, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ocRQpsk