Business

[ad_1] NSE Managing Director and CEO Ashish Kumar Chauhan National Stock Exchange (NSE) Managing Director and CEO Ashish Kumar Chauhan stated on Sunday that despite the ongoing global uncertainty following the imposition of reciprocal tariffs by the US, India is performing better than other countries. He mentioned that a clearer picture will emerge in the coming weeks as negotiations unfold and the duty structure stabilizes, as per PTI report. Chauhan, who visited the Mata Vaishno Devi Shrine on the occasion of Ram Navami, pointed out that India’s stock market has shown resilience compared to other nations after the US imposed new import duties, including those on India. He said, "India's position seems to be stronger compared to other countries."He also highlighted that while there is confusion about the potential impact, particularly on some companies, he expects the situation to stabilize […]

[ad_1] Indian metal companies are gearing up for expansions in the current fiscal year, with a strong emphasis on growing domestic demand despite global trade headwinds, including the tariffs recently imposed by the United States. Major players such as Vedanta, JSW Steel, Hindustan Zinc, and NALCO are focusing on India’s robust demand, the global competition for critical minerals, and strategic diversification across regions to fuel their growth, say analysts.According to news agency PTI report, domestic steel demand is forecast to grow by 10% annually in the coming years. Similarly, aluminium demand is expected to increase at a compounded annual growth rate (CAGR) of 7.2% till 2030. Industry experts predict that India’s aluminium demand will double every five years, supported by the Indian government's allocation of Rs 11.21 lakh crore for infrastructure development in the 2025-26 budget. This domestic focus places […]

[ad_1] AI generated image means for representation purpose only Analysts anticipate a volatile week ahead for stock markets as investors closely monitor the impact of US tariffs, US inflation data, and the Reserve Bank of India's (RBI) upcoming interest rate decision. The uncertainty surrounding global trade and inflation, sparked by the US tariff impositions, continues to drive market sentiment.US President Donald Trump's recent announcement of reciprocal tariffs has fueled concerns over a potential trade war, which could significantly impact global trade and economic growth. Experts warn that this escalation in tariffs might lead to inflationary pressures and slowdown in key global economies, further complicating the market outlook.Volatile trends"The upcoming week will be volatile for both global and Indian markets," Puneet Singhania, Director at Master Trust Group told news agency PTI. "The markets are grappling with the aftermath of the US […]

[ad_1] The combined market capitalization of nine of India's top-10 most valued companies plummeted by Rs 2,94,170.16 crore during the holiday-shortened week, with Tata Consultancy Services (TCS) and Reliance Industries bearing the brunt of the losses. This slump came amid a bearish trend in domestic equities, which saw the BSE benchmark Sensex drop by 2,050.23 points (2.64%) and the NSE Nifty decline by 614.8 points (2.61%), according to PTI.The market valuation of major companies, including TCS, Reliance Industries, Infosys, Bajaj Finance, ICICI Bank, HDFC Bank, Hindustan Unilever Ltd, State Bank of India, and ITC, suffered notable erosion. However, Bharti Airtel emerged as the only top-10 company to see a gain in market value.TCS saw the largest drop, with its market capitalization falling by Rs 1,10,351.67 crore, bringing it down to Rs 11,93,769.89 crore. Similarly, Reliance Industries' valuation dropped by Rs […]

India has emerged as one of the fastest-growing startup ecosystems in the world, with over 100 unicorns and counting. From fintech and edtech to healthtech and e-commerce, Indian startups are revolutionizing industries and creating new opportunities. But what’s driving this growth, and what challenges do entrepreneurs face? Opportunities in the Indian Startup Ecosystem Government Support: Initiatives like Startup India and Make in India have provided a strong foundation for startups. Tax benefits, funding opportunities, and simplified regulations have encouraged innovation. For instance, the Startup India Seed Fund Scheme offers financial assistance to early-stage startups. Digital Transformation: With over 750 million internet users, India’s digital economy is booming. Startups are leveraging technology to reach untapped markets and solve real-world problems. For example, Paytm has revolutionized digital payments, while Byju’s has transformed online education. Investor Interest: Venture capital and angel investors are pouring billions into Indian startups. In 2023 alone, Indian startups raised over $20 billion in […]