AIMPWA – Page 108 – msmenews.sbs

Australia-India Trade Deal Saves Exporters $2 Billion in Tariffs

AIMPWAFebruary 27, 2025

New Delhi, Feb 27 (KNN) Exporters from Australia saved approximately USD 2 billion in tariffs by December 2024 due to concessions under the Economic Cooperation and Trade Agreement (ECTA) with India, according to an official statement. The ECTA, which took effect on December 29, 2022, has significantly reduced trade barriers. Currently, over 85 per cent...

Rupee falls 2 paise to close at 87.21 against US dollar

AIMPWAFebruary 27, 2025

Rupee depreciated 2 paise to close at 87.21 (provisional) against US dollar as a muted trend in domestic markets and persistent foreign fund outflows weighed on investor sentiments. Forex traders said the latest tariff announcements from the US have sent shockwaves through global markets, strengthening the dollar. Moreover, month-end dollar demand also boosted the American...

UltraTech’s entry into cables & wires shocks KEI, Polycab and Havells stocks

AIMPWAFebruary 27, 2025

UltraTech Cement Ltd’s decision to enter the cables & wires (C&W) industry has caused jitters across stocks in the sector on fears of heightened competition. Shares of Polycab India Ltd, KEI Industries Ltd, Havells India Ltd, RR Kabel Ltd and Finolex Cables Ltd fell by 5% to 20% on Thursday. It is also likely that...

Taktile helps fintechs build automated decision-making workflows

AIMPWAFebruary 27, 2025

The automated logic behind many financial decisions — for example, decisions that determine whether a client is approved for a credit line — is hard-coded. Often, it’s not easily changed. If a head of credit at a bank wanted to adjust the bank’s lending criteria, for example, they’d likely have to raise a ticket with...

Supreme Court Strengthens Safeguards Against Arbitrary Arrests Under GST and Customs Acts

AIMPWAFebruary 27, 2025

New Delhi, Feb 27 (KNN) In a landmark ruling, the Supreme Court has held that the rights of accused persons under the Code of Criminal Procedure (now Bharatiya Nagarik Suraksha Sanhita) apply equally to arrests made under the Goods and Services Tax (GST) Act and the Customs Act. The Court emphasised that arresting authorities must...

Markets slip as expiry volatility persists; Shriram Finance leads gainers

AIMPWAFebruary 27, 2025

Equity benchmarks edged lower in midday trading on Thursday as investor sentiment remained cautious amid F&O expiry volatility and ongoing concerns over US tariffs. The benchmark Sensex traded at 74,579.20, down 22.92 points or 0.03 per cent from its previous close, while the Nifty declined 27.65 points or 0.12 per cent to 22,519.90. Market breadth...

MARKET

M&M Financial share price jumps 4% after allotment of NCDs worth ₹500 crore

AIMPWAFebruary 27, 2025

Stock market today: Shares of non-banking finance company (NBFC) Mahindra & Mahindra Financial Services (M&M Financial) witnessed a 4% increase on Thursday, February 27, after it informed that the Committee of Directors has approved the allotment of 50,000 non-convertible debentures (NCDs) to identified investors. “We hereby inform you that, based on the successful bidding done...

India Will Be Home To 10,500 Startups By 2020: Nasscom

AIMPWAFebruary 27, 2025

MUMBAI: India has emerged as the third largest start-up base and such ventures are poised to grow 2.2 times to reach 10,500 by 2020 despite a perception that the ecosystem in the country has slowed down in the last year, says a report. India is in the third position just behind US and UK, and...

India Prepares for Impact of EU’s Carbon Border Adjustment Mechanism

AIMPWAFebruary 27, 2025

New Delhi, Feb 27 (KNN) India’s export sector, particularly in steel, aluminium, and other high-emission industries, is set to face challenges due to the European Union’s Carbon Border Adjustment Mechanism (CBAM), warned Thomas Kerr, Lead Climate Change Specialist at the World Bank. Speaking at PRAKRITI 2025, an international conference on carbon markets, Kerr emphasised the...

Top gainers & losers mid-day 27 Feb 2025: Shriram Finance, Bajaj Finance, Bajaj Finance, IndusInd, Axis bank led gains

AIMPWAFebruary 27, 2025

Media, realty, IT and telecom stocks experiencing huge downturns, along with auto oil & gas, and FMCGs facing selling pressure, while banking stocks show resilience. The broader market traded in red as at 12.35 pm. Sensex slipped 29.02 pts or 0.04 per cent to 74,573.10, and Nifty 50 dipped 30.40 pts or 0.13 per cent to...

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Wall Street Today: US stocks climb after S&P 500 enters correction, Nasdaq up 2%; Tesla edges higher

AIMPWAMarch 14, 2025

U.S. stocks rose on Friday after a broad selloff on Wall Street during the week as investors assessed the fallout of tariff policies on economic growth, while new data signaled deteriorating consumer sentiment and a surge in inflation expectations. All three indexes are headed for weekly declines, with the benchmark S&P 500 on track for...

Budget 2025 Key Announcements: New tax bill, income tax slab, ITR extension, more from FM Nirmala Sitharaman. Full list

AIMPWAMarch 14, 2025

Budget 2025 Key Announcements: Finance Minister Nirmala Sitharaman presented the Union Budget 2025-26 in the Parliament on February 1. This was her record eighth budget presented under Prime Minister Narendra Modi-led government’s third term i.e. Modi 3.0. In her speech, Sitharaman said the Budget aims at “transformative reforms” in six key areas — financial sector,...

From Southwest to BP, Elliott and other activists are shaking up companies again

AIMPWAMarch 14, 2025

Investors like billionaire Paul Singer have more money than ever to throw around, and they are making their presence felt on Wall Street and Main Street. Source link

Mint Primer | Finance minister Nirmala Sitharaman’s eighth budget in eight points

AIMPWAMarch 14, 2025

1. A mini bazooka Faced with a sharp fall in urban consumption which dragged economic growth down in the second quarter of this fiscal to just 5.4% of the gross domestic product (GDP) compared to 8.2% in the same period last year, the finance minister had to act, and she decided to take the bull...

Want to make more money selling your house? Mention these features in the listing.

AIMPWAMarch 14, 2025

As spring homebuying season approaches, homeowners who mention features including ‘teak’ and ’soapstone’ in their for-sale listing could get better offers on their houses. Source link

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Latest Posts

Australia-India Trade Deal Saves Exporters $2 Billion in Tariffs

Rupee falls 2 paise to close at 87.21 against US dollar

UltraTech’s entry into cables & wires shocks KEI, Polycab and Havells stocks

Taktile helps fintechs build automated decision-making workflows

Supreme Court Strengthens Safeguards Against Arbitrary Arrests Under GST and Customs Acts

Markets slip as expiry volatility persists; Shriram Finance leads gainers

M&M Financial share price jumps 4% after allotment of NCDs worth ₹500 crore

India Will Be Home To 10,500 Startups By 2020: Nasscom

India Prepares for Impact of EU’s Carbon Border Adjustment Mechanism

Top gainers & losers mid-day 27 Feb 2025: Shriram Finance, Bajaj Finance, Bajaj Finance, IndusInd, Axis bank led gains

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Wall Street Today: US stocks climb after S&P 500 enters correction, Nasdaq up 2%; Tesla edges higher

Budget 2025 Key Announcements: New tax bill, income tax slab, ITR extension, more from FM Nirmala Sitharaman. Full list

From Southwest to BP, Elliott and other activists are shaking up companies again

Mint Primer | Finance minister Nirmala Sitharaman’s eighth budget in eight points

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Wall Street Today: US stocks climb after S&P 500 enters correction, Nasdaq up 2%; Tesla edges higher

Budget 2025 Key Announcements: New tax bill, income tax slab, ITR extension, more from FM Nirmala Sitharaman. Full list

From Southwest to BP, Elliott and other activists are shaking up companies again

Mint Primer | Finance minister Nirmala Sitharaman’s eighth budget in eight points

Want to make more money selling your house? Mention these features in the listing.

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Wall Street Today: US stocks climb after S&P 500 enters correction, Nasdaq up 2%; Tesla edges higher

Budget 2025 Key Announcements: New tax bill, income tax slab, ITR extension, more from FM Nirmala Sitharaman. Full list

From Southwest to BP, Elliott and other activists are shaking up companies again

Mint Primer | Finance minister Nirmala Sitharaman’s eighth budget in eight points

Want to make more money selling your house? Mention these features in the listing.

India’s nuclear energy ambitions: Aiming for 100 GW by 2047