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Adani Power received a 25-yr LoA from BSPGCL to supply electricity from a 2,400 MW ultra-supercritical plant at Pirpainti, Bihar. The $3 billion project, won via competitive bidding at Rs 6.075/kWh, will generate 10,000-12,000 construction jobs and 3,000 operational jobs, boosting Bihar’s industrialisation and supporting India’s growing power demand.
The Sensex and Nifty opened at fresh record levels in early trade on Friday, August 29, 2025. The Sensex started trading today at 80010.83, down at 69.74 points or 0.09%, and the Nifty was at 24466.70, down at 34.20 points or 0.14%. Meanwhile, the Indian rupee was trading today at 87.71 against the dollar.
Nike is cutting less than 1% of corporate staff as part of a restructuring to spark a turnaround. With 77,800 global employees, numbers by office remain undisclosed. CEO Elliott Hill has overhauled leadership, reset priorities, and restructured divisions. Shares rose 0.5%, though trailing the S&P 500’s gains. Staff were told to work remotely next week.
Raghuram Rajan says Trump’s high tariffs on India are about power, not just trade. Trump sees tariffs as revenue and a tool to pressure countries like India for buying Russian oil. India faces harsher tariffs than others, showing the US-India relationship has worsened beyond fairness or sovereignty concerns.
India’s economy is growing fast and may become the world’s second-largest by 2038, reaching $34.2 trillion GDP. Despite US tariffs, the impact on growth will be small. India’s strong domestic demand and tech advances help it stay resilient. It is already the third-largest economy and could pass the US in purchasing power by 2038.
Indian stocks fell sharply as new US tariffs on Indian exports took effect. The BSE Sensex dropped 706 points to 80,080, and Nifty fell to 24,501. IT, FMCG, and PSU Bank sectors saw declines. Some stocks like Titan and Maruti Suzuki gained, but most sectors closed lower amid rising India-US tensions.
Here are the silver prices per 10 grams today in top cities of India. ★ Chennai – ₹1,299, ★ Mumbai – ₹1,199, ★ Delhi – ₹1,199, ★ Kolkata – ₹1,199, ★HYD – ₹1,199, ★ Bangalore – ₹1,199, ★ Kerala – ₹1,199, ★ Pune – ₹1,199, ★ Ahmedabad – ₹1,199, ★ Jaipur – ₹1,199, ★ Lucknow […]
The Sensex and Nifty opened at fresh record levels in early trade on Thursday, August 28, 2025. The Sensex started trading today at 80754.66, down at 31.88 points or 0.04%, and the Nifty was at 24695.80, down at 16.25 points or 0.07%. Meanwhile, the Indian rupee was trading today at 87.57 against the dollar.
Despite the US imposing 50% tariffs on Indian goods, impacting $48 billion in exports including textiles, gems, and electronics, India may not retaliate due to trade dependencies. The tariffs exclude essential medicines. India could seek diplomatic or WTO-level resolution, as retaliation may disrupt broader strategic and economic ties with the US.
Managing credit cards wisely boosts your credit profile. Pay bills on time, keep utilization below 30%, avoid closing old cards, and maintain a diverse credit mix. These habits improve your creditworthiness and protect your score. Timely payments and low dependency on credit show lenders you can handle financial responsibilities effectively and consistently.
Indian markets tumbled after news of a fresh 25% US tariff on Indian goods, effective August 27. Sensex fell 849 points to 80,786, Nifty dropped 256 to 24,712. Broader indices and sectors like Realty, Pharma, and Metal also declined. FMCG was the only gainer. India VIX rose 3.7%, signaling growing investor anxiety.
Here are the silver prices per 10 grams today in top cities of India. ★ Chennai – ₹1,300, ★ Mumbai – ₹1,200, ★ Delhi – ₹1,200, ★ Kolkata – ₹1,200, ★HYD – ₹1,200, ★ Bangalore – ₹1,200, ★ Kerala – ₹1,200, ★ Pune – ₹1,200, ★ Ahmedabad – ₹1,200, ★ Jaipur – ₹1,200, ★ Lucknow […]
The Sensex and Nifty opened at fresh record levels in early trade on Tuesday, August 26, 2025. The Sensex started trading today at 81419.87, down at 216.04 points or 0.26%, and the Nifty was at 24904.20, down at 63.55 points or 0.25%. Meanwhile, the Indian rupee was trading today at 87.71 against the dollar.
E-commerce giant Flipkart has launched a premium service, ‘Flipkart Black’, offering annual membership at a discounted price of ₹990, down from ₹1,499. Members receive 5% SuperCoins cashback on every order (up to ₹100) and a complimentary one-year YouTube Premium subscription, enabling ad-free video streaming and enhanced shopping benefits.
The 45-day credit card grace period seems like free money. Pay less than the full amount, and high interest hits instantly. A Rs 2,000 shortfall on a Rs 60,000 bill triggers 36–42% interest from day one. Always pay the total due. Avoid autopaying minimums to escape costly debt spirals.