Latest News, Updates & Breaking Headlines
Berkshire Hathaway has unveiled a new multibillion-dollar investment in Alphabet while continuing to scale back its long-running position in Apple, marking the final update of its portfolio before Warren Buffett steps down after 60 years as the chief executive. In a filing submitted to the US Securities and Exchange Commission on Friday, the company reported…
Will banks remain open today or closed today?Many banking customers are unsure about operations today because 15 November falls on a Saturday, which is commonly assumed to be a bank holiday. The confusion left a large number of people wondering if they should complete their banking work over the weekend or postpone it to a…
US President Donald Trump on Friday gave a sigh of relief to American consumers with the announcement of cutting tariffs on a range of products such as beef, coffee, tropical fruits and other commodities. This comes as a major shift in his trade policy as the White House moves to address rising costs for US…
MUMBAI: Walmart-owned Flipkart will no longer charge any commission to sellers for products priced within Rs 1,000, which covers a broad selection of the product listings on the platform. In a move that analysts say has been taken to fend off competition from value commerce player Meesho, Flipkart will also not charge commission for any…
Switzerland on Friday announced plans to invest $200 billion in the US through 2028 after finalising an agreement with the Trump administration to sharply reduce tariffs on Swiss goods.Economy Minister Guy Parmelin said the US has agreed to bring tariffs on most Swiss products down to 15%, matching the rate imposed on the European Union,…
US stocks extended their sharp decline on Friday, with Wall Street’s highfliers — led by Nvidia and bitcoin-linked plays — continuing to lose steam, pushing the S&P 500 towards a second straight heavy loss. The index was down 1.1% in early trading, following one of its worst sessions since the spring sell-off that triggered a…
The Reserve Bank of India (RBI) on Friday announced a sweeping set of trade relief measures aimed at easing the pressure on exporters battling global headwinds, supply-chain delays and tightening liquidity, according to an ANI report.The relief package — effective immediately — expands export timelines, relaxes credit norms and grants temporary leeway on loan repayments…
India has asked Russia to fast-track approvals for Indian exporters –including expedited listing of domestic establishments and quicker registration of marine and pharmaceutical products — as part of a broader push to expand two-way trade, the commerce ministry said on Thursday.Commerce secretary Rajesh Agrawal, currently in Moscow, stressed the need for “confidence-building measures to unlock…
India has slipped into the “reverse AI trade” category within emerging markets after an unusually weak year, even as strong domestic inflows prevented a sharper slide, ET reported, citing Chris Wood, global head of equity strategy at Jefferies.In his Greed & Fear note, Wood pointed out that India has lagged the MSCI Emerging Markets Index…
India’s foreign exchange reserves fell for the third consecutive week, slipping by $2.699 billion to $687.034 billion for the week ended November 7, according to data released by the Reserve Bank of India (RBI) on Friday.The forex kitty had already declined by $5.623 billion in the previous week to $689.733 billion, extending what has become…
