Stock market: M-cap of 7 of top-10 most valuable firms jumps Rs 74,573 cr; HDFC gains top spot

Last week, seven of India’s ten most valuable companies collectively saw their market value rise by Rs 74,573.63 crore, with HDFC Bank emerging as the top performer. Despite declines for Reliance Industries, Bharti Airtel, and Infosys, Reliance retained its position as India’s most valuable company. The BSE and Nifty benchmarks also surged nearly 1% during…

Read More

India-EU FTA: 14th round of trade talks to begin on October 6; aim to finalise deal before year-end

India and the EU are conducting their 14th round of free trade agreement negotiations in Brussels, targeting a year-end finalization. Officials are working to resolve outstanding issues, as the revived pact aims to significantly boost bilateral trade and investment. This agreement addresses EU demands for tariff cuts while enhancing India’s export competitiveness.

Read More

RBI leaves room for rate cuts in future; tariff risks loom: Report

The Reserve Bank of India kept its policy interest rate unchanged at 5.5 per cent for the second consecutive meeting, despite significantly lowering inflation projections. While retaining flexibility for future reductions, the central bank expressed concerns over US tariff-related uncertainties impacting GDP growth. Low inflation and potential US Federal Reserve rate cuts could create space…

Read More

Extradition case: India tells UK Nirav Modi will only face trial, no interrogation; hearing on Nov 23

Fugitive diamantaire Nirav Modi will return to a London courtroom on November 23, petitioning to reopen his extradition trial over fears of interrogation if repatriated to India. Indian agencies are preparing to counter this, assuring UK authorities that he will only face trial, not fresh questioning, as investigations are complete. Modi has exhausted all UK…

Read More