Latest News, Updates & Breaking Headlines
Trump-Xi meet in South Korea US President Donald Trump and Chinese President Xi Jinping held high-stakes talks in South Korea on Thursday, seeking to ease months of escalating trade tensions between the world’s two largest economies. The discussions, described by both sides as constructive, touched on tariffs, agricultural trade, and cooperation on curbing fentanyl exports…
Asian stocks edged higher on Wednesday, as global markets rally as enthusiasm for artificial intelligence shares and expectations of US interest rate cuts boosted investor sentiments.Japan’s Nikkei traded at 51,097, at 10:00 AM IST, adding 878 points, after jumping over 1,000 points. Shanghai and Shenzhen rose 0.37% and 0.9%, respectively. South Korea’s Kospi also gained…
MUMBAI: Markets regulator Sebi on Tuesday proposed up to 15 basis points (100 basis points = 1 percentage point) cut in charges that investors pay to open ended mutual funds with the lowest slab at 0.9% for equity funds above certain threshold assets under management (AUM) and 0.7% for non-equity funds. Currently, the minimum charges…
Amazon is reportedly preparing for a significant reduction in its corporate workforce, with plans to cut as many as 30,000 jobs starting this week, news agency Reuters reported citing three people familiar with the matter. The massive layoff—which would represent nearly 10% of the company’s roughly 350,000 corporate employees—marks Amazon’s largest job elimination effort since…
JAIPUR: Singing the national anthem and national song daily will now be mandatory in all govt schools and offices under Rajasthan’s education, Sanskrit education, and Panchayati Raj departments, education minister Madan Dilawar announced Monday. Additionally, the state will implement a common uniform for all govt and private schools, effective from the 2026 academic session, besides…
Veteran actor Satish Shah passed away in Mumbai at the age of 74. He’s considered a legend owing to his iconic characters and performances, especially Indravadhan Sarabhai from the popular TV show ‘Sarabhai Vs Sarabhai’. While the show is considered a cult today, did you know that when it released initially, it was a flop…
The US may see another rate cut this year, even as uncertainty looms over the economy due to the ongoing US government shutdown.The Federal Reserve’s second-to-last rate meeting of 2025 takes place amid a standoff between Republicans and Democrats over healthcare subsidies, which has halted the publication of nearly all official economic data. Without these…
File photo: EU President Ursula von der Leyen (Picture credit: AP) The European Union is moving to reduce its reliance on China for critical raw materials, following Beijing’s latest export restrictions on rare earths and battery materials. EU Commission President Ursula von der Leyen on Saturday said the bloc is preparing a new strategy, named…
US President on Wednesday, once again, claimed that India would cut down Russian oil imports by the end of the year, noting that it was a gradual process. The statement came after the States sanctioned two major Russian oil companies demanding immediate ceasefire from Moscow. “India, as you know, has told me they are going…
MUMBAI: Growth for the Indian economy is projected to remain resilient amid global uncertainties and the outlook for inflation has been revised downwards, opening up policy space for further supporting growth, a report by RBI said.“The Indian economy displayed resilience amid broader global uncertainty and weak external demand,” said RBI’s state of the economy report…
