Goldman Sachs reports that India’s private sector capital expenditure may decline due to global tariff uncertainty, potentially impacting capital goods and infrastructure sectors. While India’s GDP has been resilient, exports and port activity are vulnerable, especially with a US slowdown.…
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Grant Thornton is investigating IndusInd Bank’s treasury transactions, focusing on whether ‘internal hedges’ were properly recorded in the Calypso system. This probe follows a disclosed loss of ₹1,979 crore due to accounting discrepancies in its derivative book. Auditors seek GT’s…
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Indus Towers is poised to announce dividends, potentially exceeding ₹6,000 crore, as Vodafone Idea (Vi) is expected to clear its remaining dues of ₹500 crore. This development, coupled with Vi’s anticipated debt raise, positions Indus as a primary beneficiary of…
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China has issued a strong response to reports that the United States may pressure other nations into restricting trade with Beijing in return for tariff relief. The Chinese Commerce Ministry said it welcomes equal-footing talks but opposes any agreements that…
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Electric vehicle giant Tesla is in talks with US chipmaker Micron and Indian firm CG Semi to source semiconductor components. This follows a strategic deal with Tata Electronics to procure chips for its global operations.
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India’s financial markets must play a crucial role if the country is to successfully navigate global challenges and achieve its long-term aspirations, said Reserve Bank of India (RBI) Governor Sanjay Malhotra.
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