US stocks were largely steady on Wednesday, hovering close to record levels as investors navigated a holiday-shortened session ahead of the Christmas break.In early trade, the S&P 500 was flat, a day after closing at its latest all-time high. The Dow Jones Industrial Average edged up 51 points, or 0.1%, while the Nasdaq composite slipped…
NEW DELHI: Captain SPS Suri, who flew back the hijacked IC 814 from Kandahar to Delhi on Jan 1, 2000, has been appointed the chief operating officer of India’s biggest regional airline Star Air. Former director operations of erstwhile Air India who worked with SpiceJet for nearly a decade after retiring from AI in Nov…
Trading in Indian stock markets will be closed on Thursday, December 25, for Christmas, according to the exchanges’ holiday schedule.Both the BSE and the National Stock Exchange (NSE) will be shut for trading across segments on December 25. Normal trading activity will resume on Friday, December 26, 2025. This is the only stock market holiday…
Gold prices surged to fresh record levels in both domestic and international markets on Wednesday, driven by expectations of further monetary easing by the US Federal Reserve and heightened geopolitical tensions that boosted safe-haven demand.In domestic futures trade, gold prices climbed to a lifetime high of Rs 1,38,676 per 10 grams on the Multi Commodity…
Reserve Bank of India (ANI image) The Reserve Bank of India (RBI) has issued a draft proposal aimed at making cross-border payments more transparent and consumer-friendly. With this, the bank aims to address long-standing complaints about hidden charges and unclear pricing in foreign exchange transactions.A large number of individuals face difficulties while making overseas payments…
The Union Cabinet has approved the Delhi Metro Rail Project Phase-VA, paving the way for the construction of 13 new stations and extending the capital’s metro network beyond the 400-km mark, union minister Ashwini Vaishnaw said. According to details presented, the Phase-VA project will involve the construction of 13 stations, of which 10 will be…
Every solid portfolio begins with one core equity fund that can quietly do the heavy lifting for years. (AI image) You don’t need 15 funds; 4–6 well-chosen ones are enough for most investors.The most common portfolio problem I see these days is not “too little choice”. It’s a fridge stuffed with leftovers.Open a typical investor’s…
Representative image (AI-generated) The Income Tax Department on Tuesday issued a press release clarifying why several taxpayers have received emails and SMS alerts seeking a review of their tax deduction and exemption claims.The department urged taxpayers to review their deduction and exemption claims for the current assessment year and take corrective steps before the revised…
Let the fund manager take the call on your behalf by opting for dynamic bond funds. (AI image) Debt funds have offered a mixed bag in 2025. Credit risk funds delivered double-digit returns, and even short-term and medium-term funds gave decent returns of 7-7.5%, but long-term debt funds floundered at 2.8%. This has surprised everyone…
Asian stock markets edged higher on Wednesday, rounding off a strong year driven largely by gains in AI-related stocks, while commodities such as gold and silver extended their rally to fresh record highs as 2025 comes to an end.Overnight in the United States, Wall Street ended on a positive note, with the S&P 500 closing…
