US-China trade deal: After Donald Trump, China says details of deal ‘confirmed’; adds America to ‘cancel series of restrictive measures’

Earlier in the day, Trump said that the United States and China have reached a trade agreement. (AI image) US-China trade deal: Soon after US President Donald Trump announced a trade deal, China has also confirmed that details have been finalized. China also said that United States will ‘cancel a series of restrictive measures’.Earlier in…

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Fed fears push dollar to lowest level in 3 years

A battered dollar is taking another beating as investors, unnerved by fresh signs of an erosion in US central bank independence, waste no time in pushing the greenback back to its lowest levels in over three years.US President Donald Trump on Wednesday called Federal Reserve Chair Jerome Powell “terrible” in his latest attack on the…

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Startups chase profits, their ticket to Dalal Street

MUMBAI: Startups gearing up to go public are setting their financials in order – cutting losses and chasing profitability. IPO-bound Urban Company reported its first full year of profitability in FY25, the firm said in its annual report last week. Although much of the profits – Rs 240 crore on a consolidated basis – came…

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3 IPOs seeking Rs 2.5k crore in all see Rs 22.5k crore bids

MUMBAI: Three initial public offers (IPOs) that closed on Thursday, together eyeing to garner Rs 2,562 crore, received bids aggregating nearly Rs 22,500 crore. Globe Civil Projects with an IPO size of Rs 119 crore was subscribed 86 times, Ellenbarrie Industrial Gases’ Rs 853-crore offer was subscribed 22 times while Mumbai-based real estate major Kalpataru’s…

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