India-US Trade Deal: US President Donald Trump announced a deal with India last week to cut US tariffs on Indian goods to 18% from 50% in exchange for India halting purchases of Russian oil and lowering trade barriers.
The Profit Conclave brings together some of the country's most influential policy makers and industry leaders to unpack the implications of the newly-forged India-US trade framework.
The 30-member index — comprised of household names like Goldman Sachs Group Inc., Coca-Cola Co. and JPMorgan Chase & Co. — rose 2.5% to 50,115.67 on Friday.
If you have an investment horizon of two to three years and want exposure to mainly banking and PSU debt papers, some of the best Banking and PSU Debt Funds can be considered.
Kotak Mahindra Bank on Saturday said it has not submitted a financial bid as part of the ongoing disinvestment process relating to IDBI Bank Ltd., issuing a clarification after recent media reports on the matter.
