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US stocks drifted lower on Thursday as a selloff in Nvidia weighed on the broader market, even as most shares posted gains.The S&P 500 fell 0.6 per cent, extending the week’s volatility driven by optimism and unease surrounding the artificial intelligence boom. The Dow Jones Industrial Average rose 77 points, or 0.2 per cent, while…
PM Modi’s push to transform India into a major global manufacturing hub faces a challenge from the US and China. (AI image) PM Narendra Modi’s push for ‘Make in India’ is facing resistance and criticism from US and China – the two largest world economies. India is currently the world’s fifth largest economy, on its…
Gold’s long-term outlook remains bullish as global de-dollarisation, rising fiscal stress and escalating geopolitical tensions reshape the global financial order, according to a report by Motilal Oswal Financial Services Ltd (MOFSL).In its latest Precious Metals Quarterly Report, the brokerage said gold prices crossed the $5,000 per ounce mark in early 2026, marking one of the…
Air passengers can now cancel or modify their tickets without paying additional charges within 48 hours of booking, subject to certain conditions, after the Directorate General of Civil Aviation (DGCA) revised refund norms. Under the amended civil aviation requirements (CAR) for ‘Refund of Airline Tickets to Passengers of Public Transport Undertakings’, airlines have also been…
To understand the magnitude of the change, it is useful to revisit how salaries have typically been paid in India. (AI image) India’s wage and compensation landscape is entering a new and progressive phase. The implementation of the four labour codes, effective 21 November 2025, together with the new Income‑tax Act and Rules coming into…
Chipmaker Nvidia reported stronger-than-expected results for the January quarter on Wednesday. The company also projected current-quarter revenue above market estimates, fueled by strong spending on artificial-intelligence processors by Big Tech companies.The company posted sales of $68.13 billion for the quarter, up 94% from a year ago, exceeding analysts’ estimate of $66.21 billion. Adjusted earnings came…
Commerce and Industry Minister Piyush Goyal on Thursday met with US Commerce Secretary Howard Lutnick and Ambassador Sergio Gor to discuss ways to expand the trade relationship between India and the United States.Goyal confirmed the talks in a statement on X, confirming discussions on trade expansion. “Hosted US Secretary of Commerce Howard Lutnick & US…
The requirement to blend ethanol with petrol has been introduced to lower dependence on imported crude oil and curb emissions. (AI image) The sale of ethanol blended petrol has been made compulsory effective April 1, 2026. The government has made it mandatory to market petrol blended with ethanol at levels of up to 20% and…
Gold appears set to continue its advance toward the 170,000 level in the coming sessions. (AI image) Gold and silver price prediction: Gold prices are exhibiting a bullish bias, while silver prices face resistance, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional Clients Group. MCX Gold Price Outlook On the weekly chart, MCX…
Donald Trump tariffs (AI image) The Donald Trump administration is planning to selectively raise global tariffs from 10% to 15%, while China will be spared from a raise for now. US Trade Representative Jamieson Greer said on Wednesday that tariff rates on imports from certain countries will increase to 15% or even higher from the…
