US stock markets rallied on Thursday after a better-than-expected inflation update eased concerns over the interest rate outlook, while a strong earnings report from Micron Technology helped arrest the recent slide in artificial intelligence-linked stocks, AP reported.The S&P 500 rose about 1%, snapping a four-session losing streak. The Dow Jones Industrial Average climbed over 350…
The Securities Market Code Bill, introduced in the Lok Sabha on Thursday, proposes a sweeping overhaul of India’s securities law framework, including expanding the Securities and Exchange Board of India (Sebi) board to up to 15 members from the current nine, strengthening governance norms and enhancing investor protection, PTI reported.The Bill seeks to reinforce Sebi’s…
The Competition Commission of India (CCI) announced on Thursday it will investigate IndiGo airlines’ recent mass flight cancellations under Competition rules, following widespread disruptions that affected thousands of passengers since December 2, PTI reported.The fair trade regulator stated it has taken notice of complaints filed against IndiGo regarding the recent aviation sector disruptions across various…
Gold prices edged lower on Thursday, with the February contract slipping Rs 580, or 0.43%, to Rs 1,34,314 per 10 grams, as weak global cues weighed on precious metals, analysts said. In overseas markets, Comex gold futures for February delivery declined by $12.6, or 0.29%, to $4,361.3 per ounce, while silver futures for March 2026…
Tata Motors has opposed proposals to exempt small petrol vehicles from the Corporate Average Fuel Efficiency (CAFE) norms, arguing that such relaxations could dilute the focus on sustainable technologies and undermine the country’s push towards electric mobility, PTI reported.In a letter to the Prime Minister’s Office, the Mumbai-based automaker said granting exemptions to petrol vehicles…
India’s AM Green and Japan’s Mitsui & Co are exploring a strategic partnership for the energy transition. This collaboration includes potential investments in AM Green’s integrated green aluminium platform, aiming to support the world’s first fully integrated green aluminium production facility. Discussions also cover offtake agreements for low-carbon aluminium. India’s AM Green and Japan’s Mitsui…
Trump sees the Gold Card as a tool to attract and retain outstanding talent while also creating income for the US government. (AI image) US President Donald Trump has launched his $1 million Gold Card, but Indians it seems are not too keen to shell out the amount, especially given the lack of clarity on…
PM Modi on Thursday reiterated India’s economic story, saying that growth stood at over 8%, even amid ongoing challenges. Speaking at the India-Oman Business Summit in Muscat, the PM said, “A few days ago, the economic growth figures were released, and India’s growth stood at over 8%. This means India has continued to remain the…
Counterpoint Research indicates that over 70% of iPhones sold in the US are manufactured in India. (AI image) The Tata group seems to be betting big on iPhones, with its latest regulatory filing with the Registrar of Companies indicating that it has injected an additional Rs 1,500 crore into Tata Electronics. This company manufactures iPhones…
Asian stocks fell sharply on Thursday, tracking losses on Wall Street, as concerns mounted over the technology sector and the heavy spending on artificial intelligence cautioned investors.Hong Kong’s HSI was trading below 111 points or 0.44% at 25,357 at 10:38 AM IST. Nikkei also trimmed over 422 points to reach 49,089. Kospi also lost 1.39%…
