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2025-10-13 07:47:41| The Economic Times

Shares of Reliance Power and Reliance Infrastructure fell sharply after the ED arrested senior executive Ashok Kumar Pal over alleged fake bank guarantees and invoicing. The investigation, linked to Rs 3,000 crore Yes Bank loans, is part of a broader PMLA probe into the Anil Ambani Groups financial irregularities.


Category: News and Media

 

2025-10-13 07:39:51| The Economic Times

Tata Capital shares slipped below the listing price after a flat debut on Monday. However, brokerages like Emkay Global and JM Financial maintained an Add rating, citing strong Tata Group backing, AAA credit rating, and diversified loan book. Analysts expect steady AUM growth and long-term value despite near-term valuation limits.


Category: News and Media

 

2025-10-13 07:31:45| The Economic Times

Economist Swaminathan Aiyar believes Donald Trump will yield in US-China trade disputes. However, a new cold war is emerging globally. Countries must now focus on security and self-reliance. India needs to increase defense spending and use its economic leverage wisely. Global alignments are hardening, making it difficult for India to play powers against each other.


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2025-10-13 07:25:54| The Economic Times

America's new import tariffs are hitting U.S. businesses and shoppers hard. Contrary to President Trump's claims, foreign nations are not paying the price. Early signs show American firms absorbing costs and passing some to consumers. This situation complicates the Federal Reserve's efforts to control inflation. More price hikes are expected as companies adjust to the new trade regime.


Category: News and Media

 

2025-10-13 06:27:49| The Economic Times

Railway Minister Ashwini Vaishnaw tested the Indian navigation app Mappls by MapmyIndia, praised its features, and encouraged public use. He also announced that Indian Railways will soon sign an MoU with the Google Maps rival, highlighting the apps advanced capabilities in a social media post.


Category: News and Media

 

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