NEW DELHI: State-run Bharat Petroleum (BPCL) on Monday will form an equal joint venture with Sembcorp for green hydrogen production as well as other renewable energy projects in India and elsewhere.Sembcorp will execute the joint venture through its wholly-owned subsidiary Green Hydrogen India Pvt Ltd. The JV will leverage Sembcorp’s experience in renewables and BPCL’s…
Billionaire investor and founder of Bridgewater Associates, Ray Dalio, is sounding the alarm—not about tariffs, but about something far more systemic. In a lengthy statement, Dalio urges the public and policymakers not to fixate on the headline-grabbing tariff wars, but instead to understand the underlying economic, political, and geopolitical forces that are fundamentally reshaping the…
NEW DELHI: Commerce and industry minister Piyush Goyal will hold a key meeting with exporters on Wednesday to discuss the implications of the 26% additional reciprocal tariffs recently imposed by the US under President Donald Trump’s administration, according to an industry official.Senior officials from the commerce ministry, representatives from various Export Promotion Councils (EPCs), and…
This is an AI generated image (For representative purposes only) BENGALURU: In India’s newest retail experiment, the question isn’t just what consumers want – but how fast they want it. A cluster of startups and incumbents, including Slikk Club, Myntra MNow, Rocketzone, and Blip, are re-engineering fashion ecommerce for hyperlocal speed, compressing the timeline between…
Larry Fink highlighted that market downturns affect ordinary citizens and influence their purchasing behaviour. (AI image) Is the worst of the stock market crash over? How sustainable is global stock market recovery rally? Don’t get your hopes up, cautions BlackRock‘s CEO Larry Fink! The veteran has reportedly said that there is a possibility of another…
The incident highlighted the stark contrast in potential outcomes of Trump’s international trade policies. (AI image) It was a $2.5 trillion rally that lasted just 7 minutes – amidst all the global gloom and doom – the US stock markets rallied briefly on Monday. And all because of a rumour that Trump may for now…
NEW DELHI: JP Morgan CEO Jamie Dimon has suggested that the US, in its effort to make trade fairer for the nation, need not ask “non-aligned nations, like India and Brazil” to align but “can bring them closer” by “extending a friendly hand with trade and investment.” This comes as Donald Trump’s 10% tariffs on…
The Tata Group suffered considerably, with its market capitalisation decreasing by ₹2.08 lakh crore in April. (AI image) Indian stock market indices, BSE Sensex and Nifty50, plunged sharply in trade on Monday as global fears on the impact of Donald Trump administration’s reciprocal tariffs sent shockwaves in world markets. Indian equity markets crashed in April,…
Investors who rebalanced their portfolios in September 2024 when markets were zooming suffered much less. Whenever markets go into a tailspin, investors start thinking about asset allocation. But it should not be that way, because periodic rebalancing in a disciplined way controls the portfolio risk and ensures stability of returns in the long term. That’s…
Economists and market analysts widely expect the RBI to cut the repo rate by 25 basis points. RBI MPC meet date, time: The Reserve Bank of India (RBI) governor Sanjay Malhotra-led Monetary Policy Committee (MPC) is meeting this week to deliberate on repo rate, liquidity conditions in the economy, CPI inflation and GDP growth outlook…
