Elon Musk’s Starlink to store data in India: Government sets strict routing rules; licence to provide satellite services secured last month

The data collected by Starlink’s satellite internet operations in India, including network information and traffic details, will be stored within the country, as stated by Communications Minister of State Chandra Sekhar Pemmasani in Parliament on Thursday. He clarified in the Rajya Sabha that domestic user traffic will remain within national boundaries and won’t be copied…

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‘Why Russian oil?’: Orders to US put on hold, cancelled overnight – Indian exporters recount ‘harrowing night’ after Trump’s 50% tariffs

Indian exporters were in shock after Trump announced 50% tariffs (AI-generated image) US buyers frantically contacted Indian exporters throughout Wednesday night, delivering unsettling news. Orders faced suspension or cancellation following US President Donald Trump’s decision to increase tariffs on Indian goods to 50%.A Rs 600 crore garment export company’s CEO, who wished to remain anonymous…

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India-US trade deal: With Donald Trump’s 50% tariffs looming, India reviews market access offers for US; three-pronged strategy to protect exporters

India-US trade deal: India remains optimistic about finalising the Bilateral Trade Agreement this month. (AI image) With US President Donald Trump doubling the tariff rate to 50%, India is looking to review its market access offers to America in some sectors. India is conducting a fresh assessment of its market access proposals to the United…

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Nestle India’s maiden 1:1 bonus issue today: FMCG firm eyes enhanced stock liquidity, improved affordability for retail investors— What shareholders should know

Nestle’s maiden bonus issue today Nestle India announced Friday, August 8, as the record date for its maiden 1:1 bonus share issue- a significant move in the FMCG giant’s corporate history. Shareholders on record will receive one additional share for each share they currently hold. The decision, coming alongside steady revenue growth despite a recent…

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Gold price prediction today: What’s the gold rate outlook for August 8, 2025 as it sustains above RS 1 lakh mark; why a ‘buy on dips’ strategy makes sense?

Gold price prediction: Market structure and momentum indicators favor a Buy on Dips approach. (AI image) Gold price prediction today: Gold rates are moving upwards as demand for safe haven assets stays in focus. Where are gold prices headed and what should investors do? Here’s the analysis from Jateen Trivedi, VP Research Analyst – Commodity…

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Trump tariffs: Prolonged 50% duty could cut India’s growth by up to 0.8%; next round of trade talks ‘important’, says Morgan Stanley

Trump tariffs could hit India’s economic growth (AI image) India’s economic growth could face a sharp slowdown if the 50 per cent tariffs imposed by US President Donald Trump remain in place for an extended period, according to Morgan Stanley. The impact could range between 0.4 per cent and 0.8 per cent, the bank said…

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Trade war: Donald Trump’s 50% ‘penalty’ tariffs threaten India’s manufacturing goals, warns Moody’s; GDP growth could slow by 0.3%

US President Donald Trump’s decision to double tariffs on Indian goods to 50% could deal a major blow to New Delhi’s manufacturing ambitions, ratings agency Moody’s warned on Friday.Moody’s cautioned that the steep tariff gap compared with other Asia-Pacific nations could reverse some of India’s recent gains in attracting global investment, hurting both growth and…

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MSCI to add four Indian firms to Global Standard index: Swiggy, Vishal Mega Mart among new entrants; $1 billion inflows expected

MSCI has announced the inclusion of four Indian companies in its Global Standard index, a move expected to draw a combined $1 billion in passive inflows. The new constituents are Vishal Mega Mart, Swiggy, Hitachi Energy India, and Waaree Energies, while Sona BLW and Thermax will be removed, the index provider said in a statement…

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Stock market today: Nifty50 opens in red; BSE Sensex down over 120 points as Donald Trump’s tariffs hit sentiment

Market experts anticipate sideways trading, influenced by US-Russia diplomatic negotiations, India’s stance on US tariffs and corporate earnings trends. Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Friday as Donald Trump’s 50% tariffs on India and its likely impact on exports and economy hit sentiment. While Nifty50…

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Donald Trump reshapes investing for retirement: Executive order opens 401(k) accounts to private equity, crypto; industry urges caution

Donald Trump (File photo) A sweeping executive order signed by US President Donald Trump on Thursday has paved the way for 401(k) accounts to include private equity, cryptocurrency, and other alternative assets as retirement saving option.A 401(k) is a tax-advantaged retirement savings plan where employees can defer part of their salary, often with employer contributions,…

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