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[ad_1] New Delhi: Govt on Monday imposed a 12% provisional safeguard duty for 200 days on five steel product categories to protect domestic players from surge in imports. The decision follows a recommendation for the same by the commerce ministry’s investigation arm Directorate General of Trade Remedies (DGTR). Last month, the DGTR suggested to impose…

[ad_1] BENGALURU: Infosys is expanding its capabilities with a full-fledged global capability centre (GCC) practice and has appointed Deval Shah, the former MD and country head of India for Danske IT and Support Services India, as its new GCC leader, sources told TOI.Shah is currently the VP and delivery head at Infosys. Two years ago,…

[ad_1] Monday’s session added about Rs 6.25 lakh crore to investors’ wealth, with BSE‘s marketcapitalisation now at Rs 425.9 lakh crore. This, in effect, lifted BSE’s market cap above the $5 trillion mark again. The last time BSE’s market cap was at this level was on January 20 this year. [ad_2] Source link

[ad_1] MUMBAI: Led by a significant rally in bank stocks, Dalal Street experienced a strong upsurge on Monday. The sensex reclaimed the 79K level, while the Nifty rose above the 24K mark, both after more than four months. The BSE bankex rallied over 2% to a new all-time high during the day’s session.The rally was…

[ad_1] SAN FRANCISCO: Finance minister Nirmala Sitharaman said India is “actively engaging” with the new US administration and hopes to conclude the first tranche of the bilateral trade agreement “positively” by fall (Sept-Oct) this year. “We are one of the countries, which is actively engaged with the new administration of the United States of America…

[ad_1] India’s core infrastructure sectors posted a slower growth of 3.8 per cent in March 2025, compared to 6.3 per cent in the same month a year ago, according to official data released on Monday.However, the figure showed a slight improvement over February’s 3.4 per cent growth.The moderation in March was largely due to a…

[ad_1] The Khadi and Village Industries Commission (KVIC) has achieved a milestone, with its turnover crossing 1.70 lakh crore for the first time in independent India’s history, according to the Ministry of Micro, Small and Medium Enterprises. KVIC Chairman Manoj Kumar shared provisional figures for the financial year 2024–25, marking record growth across production, sales,…

[ad_1] In a bid to protect the domestic steel industry from a surge in low-cost imports, the Central government has imposed a 12 percent provisional safeguard duty on certain non-alloy and alloy steel flat products. The move, announced by the Ministry of Steel, aims to provide immediate relief to Indian manufacturers grappling with market distortions…

[ad_1] Gold prices breached the Rs 97,000 per 10 grams level for the first time in futures trade on Monday, surging by Rs 2,111 to hit an all-time high of Rs 97,365 per 10 grams on firm local demand. Continuing the winning streak for the third straight day, the most-traded June delivery contract of the…

[ad_1] US President Donald Trump‘s renewed attacks on Federal Reserve Chairman Jerome Powell and the central bank’s independence are stirring market uncertainty, contributing to the US dollar hitting a three-year low.The ICE U.S. Dollar Index, which tracks the greenback against a basket of major foreign currencies, fell to 97.92 on Monday, marking its lowest level…