Dhaka has secured a reduced 19% tariff under a US-Bangladesh trade deal signed on Monday, with exemptions on textiles and garments made using raw material imported from the US. Muhammad Yunus, chief advisor heading Bangladesh’s interim government. (ANI) Muhammad Yunus, chief advisor heading Bangladesh’s interim government, said Washington D.C. had “committed to establishing a mechanism […]
Indian investors poured more money into gold exchange-traded funds than equity mutual funds in January, a rare crossover that highlights sustained demand for bullion despite a record-setting surge fueled by geopolitical and monetary risks. Investors are shifting allocations toward gold against the backdrop of a relatively lacklustre year for equity. (Unsplash) Net inflows into gold […]
Auto sales in January 2026 were at their highest since the festive season last year as the momentum brought on by GST rationalisation sustained for vehicles of all shapes and sizes. Auto sales in January 2026: A total of 27,22,558 vehicles were registered on the government’s VAHAN portal last month—up 17.61% over the year-ago period. […]
The Supreme Court on Monday directed the Gujarat Pollution Control Board (GPCB) to decide within a week a representation filed by Piramal Pharma Ltd, challenging the immediate closure of its Dahej manufacturing facility over alleged environmental violations linked to hazardous waste dumping. The Supreme Court told the pharma company to avail of its remedies before […]
Sensex and Nifty 50 opened in the green on Monday, February 9, tracking positive global cues and optimism around the interim India–US trade framework announced last week. The Sensex was trading at 84,177 , up 597 points, while the Nifty 50 hovered around 25,800, gaining 150 points in early trade. A man walks past the […]
India has scrapped a planned concession for small cars in upcoming fuel-efficiency rules after automakers including Tata Motors Ltd. and Mahindra & Mahindra Ltd. argued it would benefit only one company—Maruti Suzuki India Ltd., a government document shows. Maruti Suzuki controls 95% of India’s small car market. (HT Auto) A September 2025 draft of the […]
The Reserve Bank of India plans to allow banks to lend directly to the real estate investment trusts, or REITs, to unlock fresh funding for the real estate sector. REITs, or real estate investment trusts, own and operate office parks, malls and warehouses in India. (Reuters) There will be “certain prudential safeguards” for such transactions, […]
The Reserve Bank of India has kept its benchmark repurchase rate unchanged citing benign inflation, even as a myriad trade deals boosts the outlook for the world’s fastest growing major economy. Reserve Bank of India (RBI) Governor Sanjay Malhotra. (Punit Paranjpe/AFP Photo) The RBI’s six-member Monetary Policy Committee (MPC), which met over 4-6 February, voted […]
Spotify Technology is getting into the physical book business. Representative image. (Spotify) Beginning this spring, the Swedish streaming service will allow premium subscribers in the U.S. and U.K. to buy hardcovers and paperbacks through its app, in partnership with Bookshop.org. Spotify launched its audiobook offering in 2022. Bookshop.org, which shares some of its profits with […]