HYDERABAD: Integrated design, engineering and manufacturing player, Ardee Engineering Limited, has received approval from the capital markets regulator, Securities & Exchange Board of India (Sebi), for its Rs 580 crore initial public offering (IPO).The IPO of the Hyderabad-based company, which is into pre-engineered buildings (PEB), material handling systems (MHS) and engineering services, comprises a fresh…
The global flow of parcels to the United States has been thrown into chaos after 25 countries decided to halt shipments, as fears over US President’s looming tariffs grow.The Universal Postal Union (UPU), a United Nations agency, confirmed on Tuesday that several nations had suspended deliveries due to uncertainty created by President Donald Trump’s new…
The dupes of the cute-ugly toys have left consumer complaints and warnings about safety risks and potentially hazardous chemicals in their wake. Source link
The market reaction was muted after President Trump moved to fire the Federal Reserve governor Lisa Cook. One economist likened the response to a frog in “gently heating” water. Source link
Mumbai: The higher US tariffs against select Indian imports to the world’s largest economy that is set to kick off today, and no end in sight to the India-US impasse, spooked Dalal Street as investors pressed the sell button on Tuesday. In addition, Wednesday being a trading holiday also weighed on investor sentiment since any…
After two consecutive scrubs, the Starship vehicle is due for its 10th test flight as Elon Musk’s company aims to overcome earlier setbacks. Source link
The US government is evaluating potential ownership stakes in defence industry firms. (AI image) The Donald Trump administration seems to be eyeing America’s top defence giants for a stake after it struck a deal with Intel last week. The US government is evaluating potential ownership stakes in defence industry firms, including Lockheed Martin Corp, US…
US President Donald Trump’s attempt to dismissal Federal Reserve governor Lisa Cook is expected to land in court, raising questions over the extent of presidential powers against the traditionally independent central bank.Legal experts say Trump’s claim that he can fire Cook, a Biden appointee, is legally weak but unprecedented. The Supreme Court has recently allowed…
President Trump’s attempt to fire Lisa Cook, a Fed governor, will set off a long legal battle. Economists warn it could lead to higher inflation and government borrowing costs. Source link
Gold became more expensive in the national capital on Tuesday, as the prices surged by Rs 600 to Rs 1,00,770 per 10 grams, supported by a weaker rupee and firm global trends, according to the All India Sarafa Association. The metal of 99.9% purity had settled at Rs 1,00,170 per 10 grams on Monday.Gold of…
