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Asian stocks jumped on Thursday, lifted by US job data reports that hinted at possible interest rate cuts, even as parts of the US government partially shut down.Japan’s Nikkei was up 359 points or 0.8%, trading at 44,910. Kospi gained 3% to each 3,562 while HSI surged 390 points reaching 27,245, at 10:00 AM IST….
Gold rate today: Gold prices surged by Rs 1,100 on Wednesday to cross the Rs 1.21 lakh per 10 grams mark in the national capital, tracking firm global cues amid the US government shutdown after Congress failed to approve fresh federal funding.According to the All India Sarafa Association, 99.9 per cent purity gold jumped to…
The Reserve Bank of India’s Monetary Policy Committee (MPC) commenced its three-day deliberations on Monday, with markets largely expecting a status quo on the key interest rate. However, some experts see room for a 25 basis points (bps) cut amid benign inflation and GST-driven tax relief. The panel, headed by RBI Governor Sanjay Malhotra, is…
A SBI research report has pitched for a 25 basis points (bps) cut in the repo rate, calling it the “best possible option” for the Reserve Bank of India (RBI), even as several experts believe the central bank’s Monetary Policy Committee (MPC) may once again choose to hold rates steady in its upcoming policy review.The…
Rohit Sharma, Kapil Dev and MS Dhoni at an event (Screengrabs/X) A video featuring three of India’s most celebrated cricketers — Kapil Dev, MS Dhoni and Rohit Sharma has gone viral on social media, capturing a moment of humility and respect between the icons. The trio attended an event where they walked together towards a…
Starbucks is laying off around 900 non-retail employees and shutting some stores in the US and Canada as part of a broader turnaround strategy, the company announced on Thursday, AP reported. Employees whose roles are being eliminated will be informed early Friday, while the closures will be rolled out in the coming days.The Seattle-based coffee…
MUMBAI: From all-night deliveries and hiring more delivery staff to AI-led inventory planning and additional storage facilities, online platforms and logistics companies are pulling out all stops to get you your new phone or that pair of jeans in evershrinking timeframes.Festive season has always been about demand rush but this time, the shopping list has…
The 80th session of the United Nations General Assembly (UNGA) has opened in New York at a moment of profound uncertainty for the global body, with United States President Donald Trump set to deliver a keynote speech on Tuesday. Trump will address the organisation even as his administration has pulled billions of dollars in funding,…
Honda Cars India Ltd. (HCIL) on Monday announced a sweeping price revision for its full model range, passing on the benefits of GST Reforms 2025 directly to customers.The move makes popular models such as the Honda Amaze, Honda City, and Honda Elevate more accessible after revamped GST rates rollout starting from September 22.Kunal Behl, Vice…
Major television manufacturers including Sony, LG and Panasonic have announced significant price reductions of up to Rs 85,000 on their products as a major move to stimulate consumer spending ahead of the festive season. The reduction in price comes in direct response to a GST rate cut on TV sets over 32 inches, which takes…
