India and South Korea have agreed to explore joint initiatives in the fields of electronics, electric vehicle (EV) components and trusted digital supply chains, the commerce ministry said on Friday.The discussions took place between Minister of State for Commerce and Industry Jitin Prasada and his Korean counterpart Yeo Han-Koo on the sidelines of the G20 […]
US markets today: Wall Street slides as Trump threatens higher China tariffs; investors brace for renewed trade tension
Wall Street slumped on Friday, with major US indices heading for their worst session in months after President Donald Trump threatened to sharply raise tariffs on Chinese imports, unsettling a market that had been trading near record highs.The S&P 500 fell 1.1%, erasing its modest weekly gain, while the Dow Jones Industrial Average tumbled 361 […]
Silver rate today: Prices soar Rs 8,500 to Rs 1.71 lakh/kg in Delhi; tight global supply fuels rally
Silver rate today: Silver prices surged sharply in Delhi on Friday, jumping Rs 8,500 to close at a record Rs 1,71,500 per kilogram, driven by robust safe-haven demand and ongoing supply constraints in global markets.The All India Sarafa Association reported that silver had closed at Rs 1,63,000 per kilogram on Thursday. Over the past three […]
US tax filing: IRS releases income tax brackets and standard deductions for 2026; here’s what has changed
The US Internal Revenue Service (IRS) has announced the new federal income tax brackets and standard deductions for 2026, offering some relief to Americans as they prepare for next year’s tax returns.The IRS usually makes these adjustments in October or November to prevent what’s known as “bracket creep.” This occurs when inflation pushes taxpayers into […]
Mutual fund trends: Equity inflows moderate in September at Rs 30,421 crore, Gold ETFs attract record interest; Debt funds face withdrawals
Net inflows into equity mutual funds moderated for the second consecutive month in September, standing at Rs 30,421 crore, data from the Association of Mutual Funds in India (AMFI) showed on Friday. This represents a 9 per cent decline from August’s Rs 33,430 crore and remains well below July’s record Rs 42,703 crore, PTI reported.Despite […]
Gold loans surge: Organised market set to reach Rs 15 lakh crore by March 2026; says Icra report
The organised gold loan market is projected to touch Rs 15 lakh crore by March 2026 — a full year ahead of earlier forecasts — as banks tighten their dominance and expand faster than non-banking financial companies (NBFCs), according to a report by rating agency Icra.The agency had earlier estimated in September 2024 that the […]
TCS strengthens UK presence: Launches AI hub and design studio in London; to add 5,000 jobs in 3 years
Tata Consultancy Services (TCS) has unveiled a new Artificial Intelligence (AI) Experience Zone and Design Studio in London as part of its latest expansion drive in the United Kingdom. The company said the initiative, coupled with fresh investments, will generate 5,000 new jobs across the UK over the next three years.TCS, which already supports over […]
Trump seeks fair play! US wants China to not fly over Russia for American flights; ‘gives Beijing airlines competitive edge over US carriers’
The Trump administration has made another attempt to ensure fairness for US workers, asking China to bar its airplanes from flying over Russia as it puts American airlines at a disadvantage.The US government on Thursday presented a proposal to stop Chinese airlines from flying over Russia on routes to and from the United States, arguing […]
LG Electronics India IPO: How to check the allotment status? Listing date, refunds & more
South Korean electronics giant LG’s Indian subsidiary is all set to finalise share allotment for its Initial Public Offer (IPO) on October 10, after receiving a strong response from investors. Those you applied for the IPO can check the allotment status by visiting the BSE/NSE or the website of the registrar, KFin Technologies Limited. LGEINDIA […]
GST exemption hurting insurance brokers! Private insurance companies reduce commissions – to offset loss of input tax credit
After the removal of GST on insurance from 22 September, all insurance companies passed on the benefits to policyholders. (AI image) Insurance buyers may be feeling happy after the removal of GST, but agents and distributors are feeling the pinch. Insurance companies have reduced the commissions payable to distributors of insurance products to offset the […]