“If economists wished to study the horse,” a dismal scientist once joked, “they wouldn’t go and look at horses. They’d sit in their studies and say to themselves: ‘What would I do if I were a horse?’” But at least horses tend to be spared such attention; finance types do not. And one economic idea…
The Union Cabinet on Wednesday approved a package of projects and schemes worth Rs 39,290 crore, spanning aviation, highway infrastructure and transport modernisation, with the largest allocation going towards the creation of an Aviation Turbine Fuel (ATF) Price Stabilisation Fund.According to details of the Cabinet decisions, the government approved a Rs 10,000 crore ATF Price…
In a major clean-air initiative aimed at reducing vehicular pollution in the National Capital Region, the Union Cabinet has approved a Rs 5,041 crore scheme to replace older trucks and buses in Delhi-NCR with cleaner BS-VI and electric vehicles, backed by a package of financial incentives for vehicle owners, Union minister Ashwini Vaishnaw said on…
Going forward, Indian exports to the US may face higher scrutiny and the additional tariffs will hit as well, say experts. (AI image) Two days after Commerce minister Piyush Goyal said that the India-US trade deal was now down to finalising the ‘commas and full stops’, the Donald Trump administration has proposed to impose additional…
The government’s recent hike in gold import duty has fuelled a surge in smuggling, with illicitly imported gold reportedly being sold at discounts of up to Rs 10 lakh per kilogram, creating a significant price gap with legally imported bullion.According to industry participants cited by ET, gold brought into the country through unofficial routes is…
The price of 24-karat gold on Wednesday stood at ₹1,54,800 per 10 grams, including all taxes, up from ₹1,54,700 on Tuesday. Among major cities, gold was priced at ₹1,54,854 per 10 grams in Mumbai, ₹1,54,700 in Delhi, Bengaluru and Pune, and ₹1,56,092 in Ahmedabad. (Representational image) Among major cities, gold was priced at ₹1,54,854 per…
The table shows why bonds can be useful for retirement income. At 6.8 percent, Mr Sharma would need around ₹35.3 lakh in FDs to generate ₹20,000 per month before tax. But with a AAA and AA bond portfolio yielding 8 percent, he can generate the same income with ₹30 lakh. This leaves ₹20 lakh available…
Interspersed with the delight of playing F1 25 (with the F1 26 DLC on the way) on Acer’s Predator Helios Neo 16s AI gaming laptop was an incredibly frustrating experience. The delight of getting Lewis Hamilton his 8th and 9th world titles (albeit virtually). And here’s a top tip for you — any rear force…
Many individuals aim to invest in mutual funds each month to achieve their financial goals. They follow the spend-first, and invest what remains philosophy. However, by the end of the month, there is little or nothing left to invest after spending on basic necessities and lifestyle expenses. However, SEBI has a plan to help you…
NEW DELHI: The Centre on Wednesday said it is in touch with the United States regarding a Section 301 investigation linked to concerns over forced labour and excess industrial capacity.Earlier, the Office of the United States trade representative (USTR) named India among countries it believes follow unfair trade practices. Based on its findings, the USTR…
