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MUMBAI: There is no proposal to allow corporates – either

MUMBAI: Bank of Baroda reported a muted 1.9% rise in

MUMBAI: SBI Cards reported a 6.4% decline in net profit

MUMBAI: RBI governor Sanjay Malhotra on Friday flagged the need

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MUMBAI: There is no proposal to allow corporates – either directly or through NBFCs – to obtain banking licences, RBI governor Sanjay Malhotra said on Friday, citing “an inherent conflict

MUMBAI: Bank of Baroda reported a muted 1.9% rise in net profit for the June quarter, as dip in net interest income and higher provisions offset gains from strong growth

MUMBAI: SBI Cards reported a 6.4% decline in net profit to Rs. 556 crore for the June quarter, compared with Rs. 594 crore a year earlier, as higher impairment losses

MUMBAI: RBI governor Sanjay Malhotra on Friday flagged the need for a sustainable financial model to support the rapid growth of UPI and ensure long-term viability of the digital payments

This is a representative AI image (Pic credit: Lexica) NEW DELHI: Scotch and British gin makers may have been successful in gaining lower duty access to the Indian market, but

MUMBAI: RBI governor Sanjay Malhotra voiced support for US Fed chief Jerome Powell, who faces growing political pressure in the US, calling central bank autonomy essential. “Maintaining the independence of

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MUMBAI: There is no proposal to allow corporates – either directly or through NBFCs – to obtain banking licences, RBI governor Sanjay Malhotra said on Friday, citing “an inherent conflict

MUMBAI: SBI Cards reported a 6.4% decline in net profit to Rs. 556 crore for the June quarter, compared with Rs. 594 crore a year earlier, as higher impairment losses

This is a representative AI image (Pic credit: Lexica) NEW DELHI: Scotch and British gin makers may have been successful in gaining lower duty access to the Indian market, but

BENGALURU: Bengaluru-based Yali Capital closed its debut deep tech-focused fund at Rs 893 crore, exceeding its original Rs 500 crore target and Rs 310 crore greenshoe option. The Sebi-registered Category

BENGALURU: US household goods manufacturer Clorox sued Cognizant for $380 million, alleging that the latter’s service desk granted access to cybercriminals to Clorox’s network by providing login credentials without properly

BENGALURU: Swiggy has appointed Faraz Khalid, CEO of MidEast ecommerce major noon, as an independent director to its board, while long-time investor nominees from Accel and SoftBank have exited their

Gold gains on Trump’s latest tariff salvo

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Gold gains on Trump's latest tariff salvo

Gold rose – putting it on track for a 2% weekly gain – as President Donald Trump said some US trading partners would face tariffs from Aug 1. Bullion rose 0.5% to around $3,340 an ounce on Friday as investors weighed the latest trade comments from the president, who said the administration will start sending letters on Friday that set new levy rates for several countries.Trump has long threatened that if countries fail to reach deals with a July 9 deadline, he would impose higher rates on them, raising the stakes. So far, the administration has announced deals with the UK and Vietnam and agreed to a truce with China.





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