Month: February 2025

Sensex falls by 319 points amid weak global trends on trade war fears

February 3, 2025 admin

From Sensex shares, Larsen & Toubro, Tata Motors, Hindustan Unilever, Asian Paints, ITC, Power Grid, NTPC and Reliance Industries were the major laggards. File | Photo Credit: PTI Benchmark stock indices Sensex and Nifty closed lower on Monday (February 3, 2025) tracking weak global markets amid concerns over U.S. President Donald Trump imposing tariffs on…

Business

Rupee falls 55 paise to breach 87 level against dollar as Trump tariff triggers trade war fears

February 3, 2025 admin

Photo used for representation purpose only. | Photo Credit: Getty Images/iStockphoto The rupee plunged 55 paise to close at an all-time low of 87.17 (provisional) against the U.S. dollar on Monday (February 3, 2025), as global market sentiments were impacted after the Trump administration slapped tariffs on Canada, Mexico and China. Forex traders said the…

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Beyond survival to dignity: Examining disability inclusion in the Union Budget 2025

February 3, 2025 admin

Union Finance minister Nirmala Sitharaman did not mention persons with disabilities even once in her entire Union Budget 2025 speech, according to a response to the Budget from non-profit organisation, The Centre for Inclusive Policy. Disability rights activists believe that a similar approach has been taken towards resource allocation, which has remained a recurring pattern…

Business

Factory activity improved to six-month high in January

February 3, 2025 admin

Photo used for representation purpose only. | Photo Credit: Getty Images/iStockphoto India’s private sector manufacturing activity rebounded to a six-month high in January after hitting a one-year low in December, thanks to exports recording their best month in almost 14 years even as factory order books expanded at the fastest pace since July 2024, as…

Business

Union Budget 2025: What India tech executives said about FM’s focus on AI and skill development?

February 3, 2025 admin

Indian Finance Minister Nirmala Sitharaman, pictured above [File] | Photo Credit: AP Tech leaders in India welcomed announcements from the Union Budget 2025 presented on Saturday, February 1, 2025, by Union Minister of Finance Nirmala Sitharaman. A major update was the removal of income tax for those earning up to ₹12 lakh per year, which…

Business

Union budget is growth-oriented: Andhra CM Naidu

February 3, 2025 admin

Andhra Pradesh CM Chandrababu Naidu. | Photo Credit: The Hindu Chief Minister N. Chandrababu Naidu asserted that the Union Budget presented by Finance Minister Nirmala Sitharaman on February 1 was aimed at increasing the growth rate, for which various policy interventions were laid down. Under Prime Minister Narendra Modi’s leadership, India was poised to emerge…

Business

Why is whale vomit worth millions?

February 3, 2025 admin

Ambergris, often called whale vomit, is one of nature’s most bizarre occurrences. Produced by sperm whales, this waxy substance has been prized for centuries. If you’re fortunate enough to find ambergris, you’re holding something worth millions. Known for its rarity, ambergris is highly sought after in the perfume industry, as it helps make fragrances last…

Science

Stock Market Today: Markets slump in early trade, tracking weak Asian peers amid tariffs worries

February 3, 2025 admin

Image used for representative purpose only | Photo Credit: Vivek Bendre Equity benchmark indices Sensex and Nifty tumbled in early trade on Monday (February 3, 2025) tracking weak Asian markets amid concerns over US President Donald Trump imposing tariffs on some of its trading partners. The 30-share BSE benchmark Sensex tumbled 731.91 points to 76,774.05…

Business

Rupee plunges 67 paise to hit record low of 87.29 against U.S. dollar in early trade

February 3, 2025 admin

Image used for representative purpose only | Photo Credit: Ragu R The rupee depreciated 67 paise to hit record low of 87.29 against the U.S. dollar in early trade on Monday (February 3, 2025) after Trump Tariffs on Canada Mexico and China triggered fears of a broad trade war. Donald Trump slapped Canada and Mexico…

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Making health system push economic growth: a case of missed opportunity

February 3, 2025 admin

To make our economy grow, we need to push private consumption. To increase private consumption, people need more disposable income. For that, one route is to reduce the money an ordinary person spends on basics such as health and education. The Union Budget 2025-26 seems to have missed this opportunity. We need to focus on…

Business