Neville Tata has been appointed by Tata Trusts to the board of Sir Dorabji Tata Trust (SDTT). Neville Tata is the son of Tata Trusts chairman Noel Tata. Group veteran Bhaskar Bhat has also been inducted.This appointment strengthens Noel Tata’s position whilst elevating Neville, aged 32, to one of the most significant roles within the…
The rupee strengthened 23 paise to settle at 88.50 against the US dollar on Tuesday, supported by upbeat sentiment around a potential US-India trade agreement and easing concerns over the prolonged US government shutdown.At the interbank foreign exchange market, the rupee opened at 88.69 against the greenback, touched an intraday high of 88.50 and a…
Wall Street witnessed mixed trading on Tuesday, cooling off after Monday’s sharp rally that followed a week of losses. The S&P 500 slipped 0.2% in early trading, the Dow Jones Industrial Average added 73 points, while the tech-heavy Nasdaq fell 0.5%. Despite the pullback, all three major indexes remained close to record highs, AP reported….
Japan’s SoftBank Group Corp has sold its stake in US chipmaker Nvidia for $5.8 billion, signalling a strategic pivot toward artificial intelligence investments, particularly in OpenAI, the company said on Tuesday, AP reported. The tech conglomerate also reported that its profit nearly tripled in the first half of the current fiscal year, driven by strong…
India’s direct tax mop-up rose 7 per cent to over Rs 12.92 lakh crore between April 1 and November 10, lifted by stronger corporate tax inflows and a slowdown in refund issuances, latest government data showed.Refunds fell 18 per cent year-on-year to Rs 2.42 lakh crore during the period, aiding overall net collections, PTI reported….
Veterans Day 2025 will be observed on Tuesday, November 11, across the United States, honouring all who have served in the military –in both wartime and peace. Originally observed as Armistice Day in 1919, one year after the end of World War I, the day was renamed Veterans Day in 1954 to commemorate all American…
Hiring across key consumption-linked sectors in India rose by 17% year-on-year during August to October, fuelled by strong consumer sentiment, festive spending and deeper market penetration, according to a report by workforce solutions provider Adecco India.As cited by news agency PTI, report stated that the festive quarter saw a notable 25% increase in gig and…
A delegation of over 20 Indian exporters from the engineering sector has begun a four-day visit to Moscow, aiming to expand trade opportunities in Russia as India looks to diversify its export markets following steep tariff hikes by the United States.According to news agency Reuters, the visit is part of New Delhi’s broader push to…
Warren Buffett’s comments come days after Tesla approved a $1 trillion pay package for its CEO Elon Musk. Berkshire Hathaway’s CEO Warren Buffett – widely regarded as an investment maverick – seems to have taken a subtle dig at Tesla CEO Elon Musk’s pay package. In his final shareholder letter as CEO, Warren Buffett observed…
File photo (Picture credit: AP) Asian stocks continued to climb for a second straight day on Tuesday as signs emerged that US lawmakers were close to resolving the country’s record-long government shutdown. The positive sentiment also lifted global markets, though oil prices remained subdued amid concerns about oversupply and slowing demand.At 0230 GMT, the Nikkei…
