MUMBAI: RBI governor Sanjay Malhotra on Monday said it is “premature” to talk about an interest rate hike, pushing back against market expectations that had begun pricing in tighter monetary policy. He emphasised that the central bank has made no such signal and remains firmly data-dependent amid persistent global uncertainty.In an interview with ET Now,…
NEW DELHI: Commerce and industry minister Piyush Goyal and his counterpart US Trade Representative Jamieson Greer spent the last two days reviewing the progress of the trade deal with market access, digital trade, supply chain resilience, reduction of non-tariff barriers and expanded cooperation in strategic sectors being on the table.While the initial tranche of the…
MUMBAI: Amazon chief Andy Jassy is stepping up the company’s quick commerce push in India, having lost a lot of ground to local competitors Blinkit, Swiggy Instamart and Zepto and amid an aggressive ramp up of Minutes by e-commerce rival Flipkart.Jassy, who is on his first visit to India since assuming the CEO’s office in…
Noel to step down from 6 Tata companies boards in November Mumbai: Come Nov, Noel Tata will step down from the boards of six Tata group companies as he turns 70, triggering the conglomerate’s retirement age limit for non- executive directors. Noel, who chairs Tata Trusts, the foundations that control the group’s holding company, Tata…
MUMBAI: Reserve Bank of India has rebuffed calls to raise the asset threshold for upper-layer NBFCs to Rs 2.5 lakh crore, sticking to Rs 1 lakh crore threshold—a decision that keeps Tata Sons, the holding company of India’s largest conglomerate, firmly within its supervisory bracket and subject to listing requirements.Industry stakeholders had argued that the…
Crude oil prices tumbled on Thursday towards pre-war levels as tanker movement through the Strait of Hormuz picked up, easing earlier supply concerns. After surging past $126 per barrel during the Middle East crisis, oil has now fallen sharply, slipping back towards the $70 mark.Around 7 am IST, Brent crude stood at $72.90, down 1.14%…
NEW DELHI/MUMBAI: An Air India aircraft inadvertently took a wrong turn while taxiing after landing at Ahmedabad airport on Wednesday evening, bringing it onto the same taxiway as an IndiGo plane preparing for departure.The Mumbai-bound IndiGo flight was taxiing for take-off when the Air India aircraft, which had just landed from Mumbai, entered the wrong…
NEW DELHI: Crude oil prices fell below the $75-per-barrel mark on Wednesday as the Strait of Hormuz reopened but are yet to return to the pre-conflict levels of $65-70 a barrel.While Brent crude traded at nearly $73.4 per barrel at the time of filing this report, the Indian oil basket — a blend of sweet-grade…
Airlines turn to AI to save fuel; IndiGo to start trials for thriftier take-offs NEW DELHI: After doing everything humanely possible to cut fuel burn, Indian airlines have turned to artificial intelligence (AI) to help save the prohibitively expensive black gold. IndiGo has asked its pilots to save fuel during the time when the aircraft…
The National Stock Exchange (NSE) has retained its position as India’s most valuable unlisted company, with a valuation of Rs 4.86 lakh crore, according to the 2025 Burgundy Private Hurun India 500 report. The exchange continues to top the ranking of unlisted firms, staying ahead of Serum Institute of India and Adani Properties, reflecting sustained…
