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According to GTRI, since India has already responded to American concerns, the United States should promptly remove the tariff. (AI image) The Donald Trump administration should with immediate effect withdraw the 25% penal tariffs on India for its crude oil trade with Russia, says the Global Trade Research Initiative (GTRI) in its latest note. In…
The US stock market held steady on Wednesday as traders looked ahead to two key updates expected to shape Wall Street. Dow climbed 35 points or 0.08% to reach 46,127. Nasdaq also rose 182 points to 22,615 at 8:20 PM IST. S&P 500 also followed the suit, trading at 6,650, up 33 points or 0.5%.Lowe’s…
BENGALURU: Defence PSU Hindustan Aeronautics Ltd (HAL) Wednesday said it has signed a contract with Germany’s Hensoldt Sensors GmbH at the Dubai Air Show 2025 to secure design transfer and intellectual property rights for advanced obstacle-avoidance technologies for helicopters.The agreement covers the Transfer of Design ToT, IPR, and manufacturing and repair capability for an Obstacle…
The latest dispute between Japan and China has now entered the trade sphere, with Tokyo media reporting that Beijing is planning to halt Japanese seafood imports. However the reports, which emerged on Wednesday and were widely carried by outlets, still remain unconfirmed by governments of both the countries as the diplomatic row deepens.Reports from Tokyo…
Gold prices recovered in Wednesday’s futures trade after three straight sessions of losses, as traders engaged in value buying ahead of the release of the US Federal Reserve’s meeting minutes.On the Multi Commodity Exchange (MCX), December gold futures rose by Rs 674, or 0.55%, to Rs 1,23,314 per 10 grams in 10,726 lots. The February…
Gold prices have been breaking records this year, and wealthy investors and family offices are now looking for ways to earn returns on their bullion. Instead of keeping gold bars locked in vaults, more of them are leasing their metal to refiners, jewelers, and fabricators to earn interest — a major shift for an asset…
Gold prices recovered in Wednesday’s futures trade after three straight sessions of losses, as traders engaged in value buying ahead of the release of the US Federal Reserve’s meeting minutes.On the Multi Commodity Exchange (MCX), December gold futures rose by Rs 674, or 0.55%, to Rs 1,23,314 per 10 grams in 10,726 lots. The February…
US insurer The Standard has set up StanCorp Global Services India as a new global capability center in Bengaluru and Pune to support its technology transformation and future growth, and has appointed Mohua Sengupta as senior vice president and country head for India.The Standard is a US-based group of companies that offers disability, life, dental,…
Air India has approached the Indian government to request access to restricted military airspace in China’s Xinjiang region to shorten international flight paths, according to a Reuters report quoting an internal company document. The move comes as the airline struggles with higher operational costs following Pakistan’s closure of its airspace to Indian carriers.The appeal, submitted…
Creditors of Jaiprakash Associates have unanimously voted in favour of Gautam Adabi-led Adani Enterprises’ resolution plan, choosing it over Vedanta despite the latter placing the highest overall bid in a September e-auction, people familiar with the discussions told ET.Jaiprakash Associates (JAL), which owes lenders Rs 55,000 crore, was admitted into insolvency proceedings in June last…
