Rupee hits three-week low, falls 51 paise to end at 87.23 against US dollar on tariff fears
The rupee fell sharply by 51 paise to settle at 87.23 (provisional) against the US dollar on Tuesday due to month-end dollar demand by importers amid uncertainty over US trade tariffs.
Elevated greenback against major crosses and sustained FII outflows also contributed to the decline in the domestic unit, forex traders said.
India Inc chalks out Rs 4-lakh-crore investment blueprint for MP
Adani Group, Reliance Industries (RIL), state-owned NTPC, and several other companies on Monday committed total investments worth around Rs 4 lakh crore across various sectors in Madhya Pradesh.
Big IPO alert- Tata Capital plans IPO: Everything that you need to know about this issue
Tata Capital, the financial services arm of the Tata Group, is gearing up for its stock market debut. The board has approved its initial public offering (IPO) plans. This would be the second Tata Group IPO in two decades, following the successful listing of Tata Technologies in November 2023.
RBI increases small value loans ceiling per borrower to Rs 3 crore for THESE banks
The Reserve Bank of India (RBI) has increased the small value loan ceiling per borrower to Rs 3 crore per borrower for Urban Co-operative Banks (UCB), according to a circular issued on February 24.
Trump tariff may not be harsh for India- Here’s why
While US President Donald Trump has reiterated his plans to impose reciprocal tariffs on India, economists believe that India is unlikely to receive harsh tariff announcements, considering India’s trade surplus position with the US. An analysis report by JM Financial said, “India’s trade surplus position with the US seems comfortable vis-à-vis that of Asian peers with the US; hence, we believe that harsh tariff announcements are unlikely. We expect the share of the US in crude oil and LNG imports to rise at the cost of Russia.”
Apple iPhone 17 series to come with Pixel-like camera design: Report
Apple iPhone 17 series will be different from its predecessor, if not in many ways, then at least in one way- the camera design. Leaks pouring in hint at a more elongated, covering almost the entire upper part of the phone, Pixel-like camera module in the 2025 iPhone series. ?
Medtronic weighs manufacturing strategy amid Trump’s tariff threats
Medical device maker Medtronic on Tuesday said that it is exploring options to modify its global manufacturing footprint as part of efforts to mitigate any impact of US President Donald Trump’s tariff plans.
Tesla in India: No low-cost model, no market
Tesla is making its much-anticipated entry into the Indian market, and as expected, it’s generating a lot of excitement. Initial reports suggested that the Elon Musk-led company was exploring land options to set up a manufacturing plant. It was later confirmed that Tesla will enter the Indian market by importing vehicles from its Berlin plant in Germany. Analysts have emphasized that for the EV company to establish a strong presence in the Indian market, offering an affordable model is essential.
Kejriwal’s liquor policy led to revenue loss of over Rs 2000 crore, CAG reports points out
The Delhi government suffered a revenue loss of more than Rs 2,000 crore because of the now-scrapped 2021-22 excise policy, as per the CAG audit report tabled in the Delhi Assembly on Tuesday. The losses were mainly due to a weak policy and poor implementation, the report said. The report is one of the 14 CAG reports that were to be tabled in the Delhi Assembly on Tuesday on the Aam Aadmi Party (AAP) government’s performance. The report was shared by the new administration led by Rekha Gupta.
Rawalpindi Weather Forecast: AUS vs SA Champions Trophy 2025 match delayed due to rain; When will the match begin?
AUS vs SA Weather Report: The much-anticipated Champions Trophy 2025 match between Australia and South Africa has been delayed due to persistent rain in Rawalpindi. Continuous drizzle has prevented the toss from taking place, leaving players and fans eagerly waiting for an update.
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