Apple became the third company in history to reach a $4 trillion market capitalisation, driven by soaring iPhone sales and renewed investor confidence — not by artificial intelligence. Shares of the Cupertino-based company have rallied more than 56% since April, adding about $1.4 trillion in value. Analysts say the comeback reflects not just a strong…
Paramount Skydance Corporation, the company behind the blockbuster Top Gun: Maverick, has announced plans to cut approximately 2,000 jobs as part of a sweeping restructuring. According to an internal memo sent by CEO David Ellison, the move is intended to streamline the organisation and ensure it remains a strong, future focused company. The first phase…
US stocks held close to record levels on Wednesday as investors awaited the Federal Reserve’s interest rate decision, with gains in tech and industrial heavyweights helping sustain Wall Street’s momentum.The S&P 500 was up 0.3%, while the Dow Jones Industrial Average rose 193 points (0.4%) and the Nasdaq Composite gained 0.7% as of 9:35 am…
In a major reprieve for taxpayers and professionals, the Punjab & Haryana High Court and the Himachal Pradesh High Court on Wednesday extended the income tax return (ITR) filing deadline for audit cases from October 31 to November 30, 2025. The rulings come just days after the Gujarat High Court issued a similar directive, creating…
Ship-tracking information revealed that the vessel Furia altered its course on Tuesday. (AI image) Within days of the US President Donald Trump announcing sanctions on two major Russian oil firms, a crude oil tanker headed for India has now taken a U-turn. According to a Bloomberg report, an India-bound tanker carrying Russian crude has changed…
State-owned Coal India Ltd (CIL) on Wednesday reported a 32% decline in consolidated profit at Rs 4,262.64 crore for the September quarter, weighed down by lower sales and rising costs. The Maharatna PSU miner had posted a profit of Rs 6,274.80 crore in the same quarter last year.According to a regulatory filing, the company’s consolidated…
Elon Musk-led Starlink is set to conduct demonstration runs in Mumbai on October 30 and 31 to showcase compliance with security and technical conditions for satellite broadband services, according to sources cited by PTI.The demos will be held before law enforcement agencies and are based on the provisional spectrum assigned to Starlink, the sources told…
PSU bank stocks have made a blockbuster comeback this year, collectively adding nearly Rs 2.3 lakh crore to their market capitalisation. This surge has triggered a fresh debate among investors: is this rally a short term trade or the beginning of a new bullish wave?Since August, the Nifty PSU Bank Index has climbed almost 20%,…
Gold prices saw a dip on Wednesday, influenced by global trends and investor caution ahead of the US Federal Reserve’s policy announcement. Both Indian and international markets registered declines, marking the fourth consecutive day of losses for the yellow metal. This cautious sentiment is driven by anticipation of potential interest rate adjustments. Source link
AI image for representation China on Tuesday positioned itself as an option for open markets and regional cooperation, signing an upgraded free trade pact with the Association of Southeast Asian Nations (ASEAN) while taking a veiled swipe at US President Donald Trump’s protectionist stance.Premier Li Qiang said the new pact — the ASEAN-China Free Trade…
