BUSINESS
Gold Surges by Rs 400, Crossing the Rs 85,000 Mark
At HDFC Securities, gold futures spurted Rs 400 to touch new all-time peak of Rs 74,100 per 10 grams in the national capital today. It had ended at Rs 73,700 per 10 grams the previous day.
Sensex Breaks 5-Day Winning Streak, Drops 319 Points Amid Fears of Trade War Due to Trump Tariffs
Sensex slipped by at least 343 points, trading 0.45 per cent down. Nifty lost nearly 109 points and traded 0.47 per cent down. Last Friday, foreign investors sold equities worth Rs 2,758.49 crore as per the exchanges.
How Elon Musk’s Team Accessed the US Treasury’s $6 Trillion Payment System Amid Spending Dispute
This access, approved by Treasury Secretary Scott Bessent, comes after the removal of David A. Lebryk, a longtime career official at the Treasury, who had opposed granting Musk's team entry into these crucial systems.
Rupee Stability Not a Concern; RBI Handling Volatility, Says Finance Secretary
"There is no concern about the value of the rupee. The volatility in rupee is being managed by the RBI," Pandey told reporters.
Morgan Stanley: Budget’s Financial Strategy Appears Realistic, Economic Growth Set to Accelerate
These efforts are expected to drive a recovery in economic growth while keeping macroeconomic stability in a favorable range.
GST Collections See 12.3% Growth, Reaching Rs 1.96 Lakh Crore in January
This rise is attributed to heightened economic activity during the month, as evidenced by the breakdown of revenue: Rs 1.47 lakh crore from the sale of goods and services domestically, and Rs 48,382 crore from imported goods.
India Reduces Import Duty on High-Capacity Motorcycles, Boosting US Brand Harley-Davidson
Specifically, the import duty on motorcycles with engine capacities up to 1,600 cc, imported as completely built-up (CBU) units, has been reduced from 50% to 40%.
EU Slams US Tariff, Promises to 'Respond Firmly' if Targeted: Spokesman
An EU spokesman emphasized the importance of maintaining open markets and adhering to international trade rules, which are crucial for sustainable economic growth.
Mexico Strikes Back at US Following Trump's Tariff Decision
A key point in Sheinbaum's rebuttal is her criticism of the US weapons industry, which she blames for fueling the violence in Mexico by supplying high-powered firearms to criminal groups.
Canada Imposes Retaliatory Tariffs on Its Long-Time Ally
As the longstanding allies, who share the world's longest land border, hit another low, Trudeau said in a news conference that he was imposing the duties on C$155 billion ($107 billion) in U.S. goods.
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