Latest News, Updates & Breaking Headlines
Precious metals are likely to remain in a corrective phase in the coming week, with investors expected to closely track developments in the Middle East and a packed calendar of global economic data for fresh cues.Analysts cited by news agency PTI said that speeches by US Federal Reserve Chair Jerome Powell on Monday, along with…
NEW DELHI: A leading exporter left work on Friday with additional US tariffs on most goods from India at 25%. He was hoping it will fall to 18% this week. Late evening, the US Supreme Court declared the imposition of reciprocal tariffs illegal and by Saturday a new levy of 10% kicked in, which moved…
Ishan Kishan (Pic credit: BCCI) NEW DELHI: India’s preparations for the high-voltage T20 World Cup clash against Pakistan have taken a clear tactical direction, with wicketkeeper-batter Ishan Kishan insisting that the team is already equipped to tackle the unique challenge posed by spinner Usman Tariq. Fresh off a commanding win over Namibia, Kishan revealed that…
Pakistan’s Sahibzada Farhan, left, and captain Salman Ali Agha (AP Photo) To play or not to play on Sunday was more than a mere question for Pakistan for the last few days. But that’s settled for now and it’s time for the 2009 champions to ensure they are in best shape for the India match.Go…
As Indian garment makers switch on machines for the next US fall-winter cycle, the industry is bracing for another potential shock, with the threat of a 500% tariff clouding export prospects and factory utilisation.Exporters say buyer sentiment has shifted sharply in recent weeks. “Buyers who were earlier considering shifting some orders to India no longer…
BENGALURU: Indian IT firms are expected to deliver a moderate performance in a seasonally weak Dec quarter, weighed down by furloughs (lesser number of working days in Dec). Demand remained subdued, with only limited recovery in discretionary spending, and growth was largely driven by clients’ cost-optimisation priorities. Brokerages estimate that enterprise technology spending is likely…
NEW DELHI: IndiGo has cancelled 13 flights scheduled for Sunday, citing forecasted bad weather across several airports, with two services affected by operational reasons. The cancellations impact routes to and from major cities, including Chandigarh, Mumbai, Ahmedabad, Hyderabad, Amritsar, Bengaluru, Delhi, Gaya, Kolkata, Chennai, Jaipur and Pune.The airlines on Saturday had cancelled 57 flights across…
Wall Street opened the new week on a cautious positive note on Monday, with investors positioning themselves ahead of a heavy slate of economic data that could influence interest-rate expectations and market direction.In early trade, the S&P 500 rose 0.3%, while the Dow Jones Industrial Average gained about 150 points, or 0.3%. The Nasdaq Composite…
Investors are cheering early signals that Elon Musk’s SpaceX may head for an initial public offering next year, in what some market participants told Reuters could become the “craziest IPO in the history of the stock market.” The rocket and satellite company, long considered one of the world’s most valuable private firms, is exploring a…
US stock market today: US equities showed little movement Wednesday morning as investors awaited the Federal Reserve’s policy announcement. S&P 500 edged down 0.1% but stayed close to its record levels, while the Dow Jones Industrial Average remained unchanged and the Nasdaq fell 0.3%. Treasury yields also showed little change as traders prepared for the…
