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While Russian exporters continue loading crude onto vessels, refineries show reduced willingness to transfer the cargo to their storage facilities. (AI image) Donald Trump’s latest sanctions on Russian crude oil firms appears to have had the intended impact – at least as of now. Refiners are reportedly unwilling to pick up Russian crude oil from…
The Japanese conglomerate, with its extensive AI investment portfolio spanning various sectors, saw a substantial $32 billion reduction in market capitalisation. (AI image) SoftBank Group’s shares saw a dramatic 14% decline on Wednesday, accompanied by broader falls across Asian AI-related companies, reflecting similar drops in their US counterparts. Investors displayed increasing caution towards the high…
Photos shared by @the2ndfloorguy on X In a quirky twist of technology and trading, an X user has shared photos showing how their Zerodha stock portfolio now controls their bedroom lights. The images show the lights turn red whenever the portfolio suffers a loss, offering a literal—and visually striking—signal of market swings.The innovation was shared…
AI image used for representative purposes Following improved India-China relations, the authorities, including the International Financial Services Centre Authority (IFSCA), are evaluating a banking sector proposal to enable International Banking Units at Gujarat International Finance Tec City (GIFT City) to conduct transactions in offshore renminbi (CNH).GIFT City operates as a global financial services hub, serving…
Morgan Stanley MD Ridham Desai (File photo) Morgan Stanley’s MD Ridham Desai, one of India’s most closely watched equity strategists, says his bullish stance on Indian markets is rooted in structural changes that have transformed the economy’s fundamentals over the past decade.Speaking at the Business Standard BFSI Summit, Desai — who has now been bullish…
Every year, lakhs of pensioners across India must prove that they are still alive to continue receiving their pension. This verification, known as the Life Certificate or Digital Life Certificate (DLC), is a crucial step in ensuring that pension payments are made only to eligible recipients.Traditionally, this process involved visiting the bank or pension office…
The United States has entered uncharted territory as the ongoing government shutdown surpassed all previous records, becoming the longest-ever on Wednesday, exceeding the 35-day benchmark set during Donald Trump’s first term. The stalemate—rooted in a bitter dispute over healthcare spending—has left federal agencies shuttered, key welfare programmes suspended, and millions of Americans bracing for deepening…
Small SUVs have emerged as the biggest winners from the Centre’s recent tax cuts, with their share in total passenger vehicle (PV) sales climbing to 30.4 per cent in the first 10 months of 2025. In contrast, hatchbacks saw their share decline to 21.9 per cent over the same period, according to industry wholesale data…
On MCX futures, Gold (CMP Rs 1,20,950), upside could face resistance in the range of Rs. 1,23,000 – 1,24,600. (AI image) Gold price prediction today: Gold prices are expected to continue facig pressure as dollar strengthens, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. He shares his views and…
China on Wednesday announced it will extend the suspension of an additional 24 per cent tariff on American goods for another year, while retaining a 10 per cent general tariff.According to a statement on the Ministry of Finance website, as cited by AFP, the State Council approved the measure, saying that “for one year, the…
