US President Donald Trump on Wednesday suggested that Washington could soon reach a trade agreement with India, emphasising that the two countries have strong bilateral ties.“If you look at India and Pakistan, so I’m doing a trade deal with India, and I have great respect and love. As you know, for Prime Minister Modi, we…
Asian stocks edged higher on Wednesday, as global markets rally as enthusiasm for artificial intelligence shares and expectations of US interest rate cuts boosted investor sentiments.Japan’s Nikkei traded at 51,097, at 10:00 AM IST, adding 878 points, after jumping over 1,000 points. Shanghai and Shenzhen rose 0.37% and 0.9%, respectively. South Korea’s Kospi also gained…
Truth Social users will soon be able to explore beyond posts and political commentary, by making bets on the possibility of events like election results and economic prediction.US President Donald Trump’s social media platform Truth Social is expanding with the introduction of real-world event betting directly on the app.Trump Media and Technology Group (TMTG) on…
After wrapping up a visit to Japan that delivered $490 billion in investment commitments, US President Donald Trump is heading into a more complicated negotiation in South Korea, where a trade agreement remains out of reach.Trump will be meeting South Korean President Lee Jae Myung on Wednesday in Gyeongju, the historic host city of this…
MUMBAI: Mehli Mistry, Ratan Tata‘s long-time confidant, executor of his will, and a man widely seen as custodian of the late chairman’s legacy, has been denied reappointment as lifelong trustee of the Tata Trusts. The decision was taken after Noel Tata, chairman of the Trusts, and vice-chairmen Venu Srinivasan and Vijay Singh declined to give…
MUMBAI: Markets regulator Sebi on Tuesday proposed up to 15 basis points (100 basis points = 1 percentage point) cut in charges that investors pay to open ended mutual funds with the lowest slab at 0.9% for equity funds above certain threshold assets under management (AUM) and 0.7% for non-equity funds. Currently, the minimum charges…
MUMBAI: Ports operator Adani Ports and Special Economic Zone Ltd (APSEZ) expressed an intent to participate in projects worth Rs 53,000 crore at the upcoming Vadhvan port in Palghar by signing two MoUs with the Centre-run Jawaharlal Nehru Port Authority (JNPA) on Tuesday. The MoUs were inked at the ongoing India Maritime Week Summit in…
Gold prices plunged sharply on Tuesday, slipping below the $4,000-an-ounce mark in global markets and recording a fall of Rs 4,100 to Rs 1,21,800 per 10 grams in the national capital as easing US-China trade tensions reduced the metal’s safe-haven appeal.According to the All India Sarafa Association, gold had closed at Rs 1,25,900 per 10…
NEW DELHI: India’s services sector engaged nearly 188 million workers in 2023-24, absorbing labour at scale and displaying resilience in the face of shocks such as the pandemic, a report by policy think tank Niti Aayog said on Tuesday and recommended a series of measures to boost quality jobs and usher in formalisation in the…
Life Insurance Corporation (LIC) of India NEW DELHI: Days after Washington Post reported that the Centre had asked LIC to invest in Adani Group companies, the state-run player has said that it did not receive any instructions from the govt for investing in any entity of the conglomerate. “LIC categorically clarifies that the documents mentioned…
