Business

MUMBAI: UK prime minister Keir Starmer, on his maiden visit to Mumbai as head of state, sought to reposition his country as a key economic ally, showcase the UK’s renewed economic confidence, and call for deeper fintech and technology linkages.Starmer said that the India-UK trade deal was a huge win for both nations and a…

Wall Street took a breather on Thursday, with US stocks making only modest moves near record levels while gold edged higher and Treasury yields remained largely unchanged. The S&P 500 inched up 0.1%, coming off its latest all-time high and marking eight gains in the past nine sessions. The Dow Jones Industrial Average rose 21…

IT giant, Tata Consultancy Services (TCS) on Thursday said it has acquired US-based ListEngage for $72.80 million (about Rs 646 crore), marking a strategic move to enhance its Salesforce and AI advisory capabilities globally.Headquartered in Framingham, Massachusetts, ListEngage is a full-stack Salesforce partner specialising in marketing cloud, CRM, data cloud, Agentforce, and AI advisory services…

The all-India House Price Index (HPI), compiled by the Reserve Bank of India (RBI) using transaction-level data from 18 major cities, rose 3.6 per cent year-on-year in the first quarter of the current fiscal, the central bank said on Thursday.The RBI said the growth moderated compared with the 7.6 per cent increase in the same…

US federal workers have begun to feel the heat of government shutdown as it enters its second week, as many have resorted to even taking loans to cover everyday expenses. Since October 1, hundreds of thousands of federal employees have been furloughed, while others deemed essential, including some military personnel, must work without pay.All work…

India is gearing up for 6G trials, with global experts at the India Mobile Congress (IMC) 2025 highlighting the country’s growing importance in next-generation network development and international collaboration. Industry leaders and researchers told ANI that India’s push in 6G research and innovation could shape the future of global connectivity.Ashutosh Dutta, Chief 5G Strategist at…

The government has moved a step closer to boosting India’s self-reliance in rare earth magnets, with a key panel approving a Rs 7,300 crore scheme to support local manufacturing. These magnets are essential for electric vehicles, wind turbines and a range of consumer electronics.The expenditure finance committee (EFC), which functions under the finance ministry, cleared…

Prime Minister Narendra Modi on Thursday praised the Comprehensive Economic and Trade Agreement (CETA) between India and the UK, saying the pact will bring significant advantages for both businesses and consumers.In a joint statement with UK PM Keir Starmer, PM Modi said, “With this Agreement, (Comprehensive Economic and Trade Agreement), the import cost between the…

China has sought assurances from India that heavy rare earth magnets they supply will be utilised exclusively for domestic requirements. (AI image) China will export rare earth magnets to India only if it assures that they will be used for domestic needs and will not find their way to the US. Indian companies have already…

Karva Chauth, which falls just days before Diwali, will be celebrated on October 10 this year. Many are wondering if banks will observe a holiday on this day.With a host of festivals in October, it is advisable to check the bank holiday schedule in advance to plan any banking activities smoothly. The RBI’s pre-released holiday…