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KVIC Act To Be Amended To Modernize & Digitize Khadi Supply Chain

AIMPWAFebruary 27, 2025

New Delhi, Feb 27 (KNN) The government is set to amend the Khadi and Village Industries Commission (KVIC) Act to enhance the marketability of khadi, connect with younger consumers, and promote exports of desi fabric. The proposed changes aim to revamp the khadi supply chain, digitise operations, and position khadi as an eco-friendly, sustainable fashion...

Gold tumbles ₹1,150 to ₹88,200 per 10 gm, silver plunges ₹1,000 amid weak global cues

AIMPWAFebruary 27, 2025

Gold prices tumbled by ₹1,150 to ₹88,200 per 10 grams in the national capital on Thursday, tracking a bearish trend in global markets, according to the All India Sarafa Association. Gold of 99.5 per cent purity also slumped by ₹1,150 to ₹87,800 per 10 grams from the previous close of ₹88,950 per 10 grams. Silver...

Nifty down 14% from peak; is Indian stock market oversold? Which sectors may lead next leg of rally? Experts weigh in

AIMPWAFebruary 27, 2025

Indian stock market has been under immense selling pressure since October last year. This has dragged the benchmark Nifty 50 down by over 14 per cent from its record high of 26,277.35 which it hit on September 27. The broader index, the Nifty 500, has fallen further, down 17 per cent from its all-time high....

Google Buys Startup To Push Research In VR, AR

AIMPWAFebruary 27, 2025

SAN FRANCISCO: In its bid to boost its prospects in the world of virtual reality (VR), augmented reality (AR) and Google Glass eyewear, Google has acquired Eyefluence — a startup that is developing eye-tracking technology which can be incorporated into AR/VR headgear and smart glasses. “We are excited to announce that the Eyefluence...

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...

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Don’t do anything about your 401(k) until Tuesday

AIMPWAMarch 14, 2025

This key report should drop then. Source link

Oil Snaps Losing Streak as Markets Rebound, Russia Talks Stall

AIMPWAMarch 14, 2025

Oil snapped a seven-week losing streak as US equity markets rebounded and peace talks between Russia and Ukraine stalled, damping expectations that Moscow’s crude will return to the market soon. West Texas Intermediate rose almost 1% to settle above $67 a barrel, supported by a weaker dollar and an advance in US equities. Brent climbed...

Cocoa hits 4-month lows, falls below $8,000/ton

AIMPWAMarch 14, 2025

(Updates with comments on coffee, sugar; adds closing prices) NEW YORK, March 14 (Reuters) – Cocoa futures on the ICE exchange hit four-month lows on Friday and ended the week with losses above 5% amid a large increase in ICE-certified stocks and benign weather forecasts for West Africa. * London cocoa settled down 259 pounds,...

Euro gains after German fiscal deal; dollar buoyed with US government shutdown likely averted

AIMPWAMarch 14, 2025

Canadian dollar strengthens as Mark Carney is sworn in as prime minister Dollar extends gains after inflation expectations pick up Yen softens after wage talks as market weighs BOJ rate hike timing Sterling weakens after UK GDP unexpectedly contracts in January By Chibuike Oguh and Yadarisa Shabong NEW YORK, – The euro rose on Friday...

Wall St bounces as selloff prompts dip-buying rally

AIMPWAMarch 14, 2025

Consumer sentiment at 57.9 in March Tesla up on report it is planning lower-cost Model Y in Shanghai Bullion miners up after gold prices breach $3,000 mark Indexes up: Dow 1.43%, S&P 500 1.83%, Nasdaq 2.28% (Updates to mid-afternoon) NEW YORK, March 14 (Reuters) – U.S. stocks rebounded on Friday as investors shopped for bargains...

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KVIC Act To Be Amended To Modernize & Digitize Khadi Supply Chain

Gold tumbles ₹1,150 to ₹88,200 per 10 gm, silver plunges ₹1,000 amid weak global cues

Nifty down 14% from peak; is Indian stock market oversold? Which sectors may lead next leg of rally? Experts weigh in

Google Buys Startup To Push Research In VR, AR

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

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Don’t do anything about your 401(k) until Tuesday

Oil Snaps Losing Streak as Markets Rebound, Russia Talks Stall

Cocoa hits 4-month lows, falls below $8,000/ton

Euro gains after German fiscal deal; dollar buoyed with US government shutdown likely averted

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Don’t do anything about your 401(k) until Tuesday

Oil Snaps Losing Streak as Markets Rebound, Russia Talks Stall

Cocoa hits 4-month lows, falls below $8,000/ton

Euro gains after German fiscal deal; dollar buoyed with US government shutdown likely averted

Wall St bounces as selloff prompts dip-buying rally

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Don’t do anything about your 401(k) until Tuesday

Oil Snaps Losing Streak as Markets Rebound, Russia Talks Stall

Cocoa hits 4-month lows, falls below $8,000/ton

Euro gains after German fiscal deal; dollar buoyed with US government shutdown likely averted

Wall St bounces as selloff prompts dip-buying rally

China mulls 50% pay cuts for underperforming fund managers