US-China tariff standoff: US ‘proactively’ reaching out to China for talks, claims state media

The United States has tried reaching out to China, seeking discussions over President Donald Trump’s massive 145% tariff, a social media account linked to Chinese state media has claimed.According to a Reuters report, a Weibo post by Yuyuan Tantian, claimed that “the US has proactively reached out to China through multiple channels, hoping to hold…

Read More

Bank Holidays in May 2025: On what days are banks closed? Check state-wise full list

Bank Holidays May 2025 (AI image) Bank Holidays May 2025: For those planning banking activities in May 2025, it’s essential to understand that bank holidays vary across different states. Whilst not all banks nationwide will be closed simultaneously, several significant holidays could affect banking services in specific regions.All banks, both scheduled and non-scheduled, will remain…

Read More

Adani Ports Q4 earnings: Net profit grows 50% in fourth quarter to Rs 3,023 crore

Adani Ports’ operational revenue grew by 23% year-on-year to Rs 8,488 crore Adani Ports Q4 results: Adani Ports witnessed a substantial 50% year-on-year increase in consolidated net profit, reaching Rs 3,023 crore for the quarter ending March 2024, compared to Rs 2,025 crore in the previous year’s corresponding period.The company’s operational revenue grew by 23%…

Read More

IndusInd Bank and Kotak Mahindra Banks revise FD rates: One hikes, the other trims | Financial-Literacy News

IndusInd Bank and Kotak Mahindra Bank, two leading banks of the private sector, have revised their interest rates on fixed deposits- former increasing the interest rate while the latter has reduced the interest offered on fixed deposits.The change in the interest rates are an effect of the changing market conditions and shifts in liquidity in…

Read More

Is Tesla looking for a new CEO? As Elon Musk focused on White House, board looked for his successor, says report

Elon Musk recently announced his intention to increase his focus on managing Tesla. (AP photo) Tesla’s board members contacted multiple executive search firms approximately a month ago, seeking potential candidates to succeed Chief Executive Officer Elon Musk, according to a report by the Wall Street Journal, which cited sources familiar with the discussions.The Wall Street…

Read More

Coldplay’s Ahmedabad concerts generated Rs 641 crore economic impact: Report

Coldplay’s Ahmedabad concerts generated Rs 641 crore economic impact (Picture credit: ANI) NEW DELHI: British rock band Coldplay’s two-night ‘Music of the Spheres’ concerts in Ahmedabad created an estimated overall economic impact of Rs 641 crore, with a direct boost of Rs 392 crore to the city’s economy, a report by EY-Parthenon and BookMyShow Live…

Read More

Ather IPO subscribed 1.4 times

BENGALURU: Electric scooter maker Ather Energy closed its Rs 2,981-crore initial public offering (IPO) with a total subscription of 1.4times on Wednesday. This capped a three-day bidding window that saw strong interest from retail and institutional investors.The issue marked the first listing of the 2025-26 and the first major tech-led consumer IPO since 2023-24, testing…

Read More