The Bank of England has cut its main interest rate by 0.25 percentage points to 4.25%, citing concerns over the potential global economic slowdown driven by the trade policies of the Trump administration.The decision announced on Thursday, comes just hours before a widely anticipated US-UK trade deal is expected to be unveiled. President Donald Trump…
OpenAI appointed Instacart CEO Fidji Simo as its new CEO of applications, company chief Sam Altman announced in a blog post to employees.Altman clarified that he would continue to be the CEO and said that the decision will allow him to increase focus on research, computation, and safety.“Applications brings together a group of existing business…
Operation Sindoor trademark: After the government’s announcement regarding strikes on terrorist facilities in Pakistan and Pakistan-occupied Jammu and Kashmir, four separate entities submitted applications to the trademark registry for registering ‘Operation Sindoor‘.The applicants were Reliance Industries Ltd (RIL) and three private individuals – Mukesh Chetram Agrawal, Retired Group Captain Kamal Singh Oberh, and Alok Kothari….
Home made food lovers breathed a sigh of relief in April as the cost of preparing a vegetarian and non-vegetarian thali dropped by 4% as compared to the same month last year. Crisil’s latest Roti Rice Rate Report said that the fall was majorly attributed to the reduction in vegetable prices, even as cooking essentials…
Pakistan stock market has been bleeding since the Pahalgam terror attack on April 22. (AI image) Operation Sindoor has spooked the Pakistan stock market! A day after India launched missile strikes on terrorist facilities in Pakistan and Pakistan occupied Kashmir, the Pakistan stock market index KSE 100 crashed over 6%, resulting in trading coming to…
S&P expressed confidence in India’s continued robust economic growth. (AI image) S&P Global Ratings on Thursday said that the ongoing conflict between India and Pakistan poses increased risks to both nations’ credit metrics, with potential sovereign credit support deterioration if tensions escalate. While maintaining India’s rating at ‘BBB-‘ with a positive outlook and Pakistan’s at…
Gold, which serves as a protection against economic and political uncertainty, typically shows positive performance when interest rates are low. (AI image) Gold rate today: Gold prices in India declined on Thursday despite global prices rising after the U.S. Federal Reserve highlighted concerns about increasing inflation and employment market challenges.Indian market participants remained wary before…
US President Donald Trump is expected to announce a “major” trade deal with a “big, and highly respected country” today in what he described as the “first of many” agreements to come.Though the country has not been officially revealed, many US media houses like New York Times and Politico are speculating the deal to be…
MCX Gold has been exhibiting a strong bullish trend. (AI image) Gold and silver price prediction: Gold and silver prices have been touching new highs as geopolitical uncertainties weigh on investors’ minds around the world. What’s the outlook on gold and silver and what should investors do? Abhilash Koikkara, Head – Forex & Commodities, Nuvama…
Top stocks to buy today (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Ambuja Cements, Jubilant FoodWorks Ltd, and SBI Cards and Payment Services are the top buy calls for today.Here’s his view on Nifty, Bank Nifty and the top stock picks…
