Business

Piyush Goyal talked about India-US trade talks progress NEW DELHI: Union Commerce and Industry Minister Piyush Goyal indicated on Tuesday that the government is maintaining contact with the United States at various levels concerning the proposed Bilateral Trade Agreement (BTA), suggesting potential progress towards the agreement.The minister, however, avoided specifying any timeline for completing the…

Passenger vehicle retail sales jumped 35 per cent year-on-year during this year’s nine-day Navratri period, according to the Federation of Automobile Dealers Associations (FADA). Overall vehicle registrations grew 6 per cent in September, as sales remained muted in the first three weeks before picking up following the implementation of new GST rates on September 22.Passenger…

Pakistan’s claimed economic recovery is turning its back on the people who need it most, according to a new World Bank report. While the government celebrates growth under the IMF programme and stock markets hit record highs, the reality is quite grim for millions of citizens who continue to struggle with poverty and inequality, The…

Tighter US immigration rules are making Indian families think twice before arranging marriages with relatives living in the United States, matchmakers and experts say.Sidhi Sharma, a 19-year-old medical student from Haryana, had hoped to marry an Indian citizen with a high-paying US job, but abandoned the idea after recent headlines about President Donald Trump’s immigration…

The verification process will utilise biometric information through Aadhar identification system. (AI image) Facial recognition and fingerprint authentication – these are the two new features that may be launched for payments made through the Unified Payments Interface (UPI), according to a Reuters report.The National Payments Corporation of India, UPI’s operator, intends to display this biometric…

Union finance minister Nirmala Sitharaman on Tuesday launched the foreign currency settlement system in GIFT city on Tuesday, at the sixth Global Fintech Fest in Mumbai. With this, the GIFT IFSC has joined a select group of international financial centres that can settle foreign currency transactions locally.At the event, the FM also highlighted that India…

Tata Capital GMP: The conservative GMP indicates investor wariness regarding immediate returns. (AI image) Tata Capital IPO: The initial public offering of Tata Group’s flagship financial services arm Tata Capital got a big thumbsup from brkokerages, with several positive reviews. Yet, the Grey Market Premium (GMP) has crashed to just 3%. The GMP is usually…

Asian stocks mostly rose on Tuesday, though trading was quiet due to holiday closures in some markets. Japan’s Nikkei 225 hit a new record, lifted by optimism over possible government spending and tax cuts under the country’s soon-to-be first female prime minister.The Nikkei was trading up 0.3% to 48,098, following a nearly 5% surge on…

Banks in many parts of the country are closed today, October 7, on the occasion of Maharshi Valmiki Jayanti and Kumar Purnima. Banks across India follow holidays set by the Reserve Bank of India (RBI), which include national and regional holidays, as well as Sundays. Here is a list of states and UTs where banks…

Shopping in Qatar but concerned about the payment method in a foreign land? Now you can use UPI to pay for your spree in this mall.India has expanded its digital payment network overseas, with the launching of the Unified Payment Interface (UPI) in Lulu Group’s Stores in Qatar.The move comes after its roll out at…