Echo News

Office of Management and Budget Director Russel Vought at White House (AP) US President Donald Trump’s 2026 budget proposal outlines sweeping cuts to non-defence domestic spending, totalling $163 billion, while ramping up expenditures on national security, the White House announced Friday.The proposal targets diversity initiatives and climate change programs, reflecting the administration’s political priorities. However,…

To curb fraud and bolster investor trust, Sebi has mandated a new Unified Payments Interface (UPI) payment structure for all registered market intermediaries collecting funds from investors. The mechanism will go live from October 1, 2025, Sebi Chairperson Tuhin Kanta Pandey announced on Wednesday, reported PTI.The new UPI address framework is aimed at combating impersonation…

State-owned Oil India Ltd on Wednesday reported a 21 per cent decline in its net profit for the January–March quarter of FY25, citing lower crude oil and natural gas prices as key factors behind the drop.The company posted a net profit of Rs 1,591.48 crore in the fourth quarter of 2024–25, down from Rs 2,028.83…

BENGALURU: The family of late investor Rakesh Jhunjhunwala has fully exited its stake in Nazara Technologies through open market transactions on Friday..According to stock exchange disclosures, Rekha Rakesh Jhunjhunwala, executor to the estate of late Rakesh Jhunjunwala, sold 27.2 lakh shares, worth Rs 333.8 crore, through bulk deals in the open market executed on both…

Tata Motors’ electric vehicle (EV) business achieved a positive operating margin before depreciation and amortisation (Ebitda) in the fiscal year 2024-25, placing it among a small group of EV manufacturers globally to reach this milestone, the company said in its latest annual report.The turnaround in margins came even as EV sales dipped and its market…

Should you buy or sell gold, and what are the gold and silver price levels you should watch out for? (AI image) Gold and silver price prediction: Gold prices have dipped sharply in the last few days while silver prices are showing strength. Even as some geopolitical tensions around the world weigh, there are signs…