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Authorities have asked oil refiners to provide weekly updates on their purchases of crude from Russia and the United States. (AI image) India’s crude oil imports from Russia may see a sharp fall in January, with Reliance Industries saying that it does not expect to receive any Russian crude shipments. This could bring down India’s…
Americans may have enjoyed some short-term relief in 2025, as President Donald Trump’s tariffs did not immediately drive up living costs. But for 2026 could bring a different picture, economists have warned, with prices expected to rise as businesses start passing the additional tariff costs on to consumers.Last year, United States collected $187 billion more…
This is a representative image. India’s services sector lost momentum at the end of 2025, with growth moderating in December as incoming demand softened and companies held back on hiring, according to a monthly survey released on Tuesday. The seasonally adjusted HSBC India Services PMI Business Activity Index declined to 58.0 in December from 59.8…
Wipro will continue to allow for temporary remote working, but the allowable number of such days has been reduced to 12 from 15 in a calendar year. IT services giant Wipro has tweaked its work from office policy, putting in more stringent checks for employees. The new rules require employees to stay in the office…
What if someone knows what is about to happen and bets on it? This is just what many people are wondering after a mystery trader walked away with a payout of more than $436,000 from an online prediction market, after US announced the capture of Venezuela’s former President, Nicolas Maduro, according to CBS news.An anonymous…
The Union Budget has a unique opportunity to place retirement security firmly at the center of India’s economic agenda. (AI image) By Sriram IyerAs India aspires to become a developed economy by 2047, one of the most critical yet under-discussed pillars is retirement security. Despite rapid financialisation of household savings, India’s pension assets stand at…
Gold may test the resistance at $4550. Dip buying is the favoured strategy. (AI image) Gold price prediction today: Gold prices are expected to continue their rally as demand for safe haven assets picks up, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan. Here’s his outlook on gold prices:Gold…
The United States has tightened the noose for foreign travellers looking to enter the country. The Trump administration has now widened a visa rule that requires applicants from certain countries to post a hefty financial bond, adding 7 more countries to the list.The changes, were made without a formal which were reflected in a notice…
Asian stock markets mostly rose on Tuesday as investors took confidence from a record-setting start to the year on Wall Street, where AI-led technology stocks continued to boost investor sentiment.In Hong Kong, HSI added 448 points or 1.7% to 26,795. Nikkei also traded higher, gaining 358 points or 0.69%. Shanghai and Shenzhen also surged 1%…
Rupee began strong on Tuesday, strengthening by 18 paise to 90.12 against the US dollar, snapping its four-day losing streak.The currency’s rebound comes a day after it ended lower on Monday, closing at 90.30 against the greenback amid ongoing geopolitical uncertainty and weak domestic equities. According to traders, after the American military operation in Venezuela,…
