End of an era: US penny bids goodbye after last coin pressed in Philadelphia; 238 years old currency finally retires after Trump’s order

After more than two centuries of jingling in pockets and cash drawers, the American penny has reached the end of its life. The final batch of one-cent coins was pressed this week at the US Mint in Philadelphia, an event overseen by US Treasurer Brandon Beach.Earlier in February, US President Donald Trump announced that he…

Read More

No major impact of Trump tariffs? Moody’s says India to be fastest growing major economy; ‘succeeded in redirecting exports’

Ratings agency Moody has predicted that India’s economy will grow at a strong 6.5% through 2026 and 2027. (AI image) India will continue to be the world’s fastest growing major economy in the coming years, despite its exports taking a hit after Donald Trump administration’s 50% tariffs, according to the latest global economic outlook report…

Read More

Who will be next lead at Fairfax? Prem Watsa reveals succession plan in new book; wants to ‘die knowing the companies will never be sold’

Prem Watsa, the Indian-Canadian billionaire, for the first time, publicly outlined his succession plan, confirming that his son Ben Watsa will take charge of Fairfax Financial Holdings in the years ahead. The revelation features in The Fairfax Way, an upcoming book by author David Thomas, whose draft was shared with ET before publication. Watsa, 75,…

Read More

Gold price today: Yellow metal shines; check 24K, 22K rates in Delhi, Mumbai, Bengaluru & other cities

Gold and silver prices continued their upward march on Thursday, supported by firm global cues and renewed safe-haven demand after the end of the prolonged US government shutdown. The reopening of the US government lifted investor sentiment, driving both metals higher in domestic and international markets.On the Multi Commodity Exchange (MCX), gold futures for December…

Read More