India, UK to narrow gaps to roll out trade deal

NEW DELHI: India and the UK on Tuesday agreed to resolve the gaps so that the bilateral trade agreement can be implemented at the earliest.Commerce and industry minister Piyush Goyal held talks with UK secretary of state for business and trade Peter Kyle on addressing the ticklish issues as India has concerns over the steel…

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India slips to seventh in global market capitalisation ranking

MUMBAI: On Tuesday, India slipped to the seventh spot in terms of stock market valuation as South Korea marched to sixth. In the last two years, India has slipped three places in the rankings after Hong Kong, Taiwan and South Korea overtook it, historical data showed.Nearly unabated foreign fund selling since Sept 2024 (when the…

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Godrej starts wealth management business

MUMBAI: Godrej Industries Group has launched its wealth management business, Godrej Wealth, through subsidiary Godrej Investments, with a target to build assets under management of Rs 1,00,000 crore by 2031 and expand to 35 locations over the next five years.The business will operate alongside Godrej Capital to form the group’s financial services arm, as it…

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Cristiano Ronaldo and LeBron James turn Nike Mind Slide shoes into global talking point with viral image | International Sports News

Cristiano Ronaldo and LeBron James (Image Via Getty) LeBron James and Cristiano Ronaldo have joined forces for Nike’s latest Mind Slide shoes campaign, and the new photo featuring both superstars quickly started trending online. Nike released the image this week to promote the recovery footwear line, which was first introduced in January 2026. The company…

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Kotak prods India Inc to start investing again

MUMBAI: Billionaire banker-entrepreneur Uday Kotak on Tuesday prodded India Inc to invest for India’s future. Kotak’s warning came as the country is being looked at as a laggard in AI technology investments. This is the primary reason that India’s stock market has turned from being one of the most favoured among emerging markets to one…

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Wealth Co enters pact with NSE for EGR

MUMBAI: The Wealth Co, the assets management arm of domestic financial services group Pantomath, on Tuesday signed an agreement with NSE to offer Electronic Gold Receipts (EGR), a product that the bourse launched recently. EGRs are exchange-traded products backed by physical gold. Source link

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Citi: India’s AI advantage needs better articulation

MUMBAI: Vis Raghavan, head of banking and executive vice chair of Citi, was in India for its annual India conference, which unites all businesses and 1,000 corporates. It is part of a global push to bring buy/sell side participants, policymakers, and decision-makers onto one platform. Raghavan is credited as a seasoned investment banker and dealmaker…

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High costs dampen summer for beverage companies | India News

MUMBAI: Cans or glass bottles, beer or cold beverages- companies are losing their cool over rising costs this summer instead of keeping their spirits high amid what is otherwise supposed to be an El-Nino-induced harsher season, driving more demand. The war has hit firms on two fronts-for one, soft drink players such as Coca-Cola which…

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Producer price index, revised wholesale price index set to come on June 15

NEW DELHI: Nearly two decades after a working group was formed to compile producer price index (PPI), govt Tuesday finally laid out a road map for its introduction. On June 15, govt will unveil the revised wholesale price index, with 2022-23 base, and along with it will come PPI.In five years, govt intends to phase…

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Centre to build Ring Road, Bypass projects only with states’ share of fund | India News

NEW DELHI: Amid growing demands from states for construction of ring roads and bypasses to decongest national highways in urban areas, the Centre will take up such projects only if state govts contribute a share of the cost, as per the Urban Congestion Policy of the road transport and highways ministry.In a communication to all…

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