US President Donald Trump claimed on Tuesday again that India was not going to buy “much oil from Russia.” His claims were based on a conversation he had with Prime Minister Narendra Modi amid Diwali celebrations at the White House.“I spoke to Prime Minister Modi today and we just have a very good relationship. He’s…
MUMBAI: Global aerospace giants are boosting their sourcing from India, accelerating growth in the country’s emerging aircraft component sector. Local companies are expanding capacities, moving beyond basic manufacturing to higher-value work, and scouting for acquisitions, with revenue numbers soaring due to robust orders.The sector is also gearing up to launch about Rs 5,700 crore of…
Indian stock markets ended marginally higher in the special Muhurat Trading session on Sunday, marking the beginning of Samvat 2082 on a positive note. The Nifty closed at 25,868.60, up 25.45 points or 0.10 per cent, while the Sensex settled at 84,426.34, gaining 62.97 points or 0.07 per cent.As per news agency ANI, broader markets…
As India steps into Samvat 2082, experts are optimistic that the stock markets are set for stronger and more stable growth, after a year of high volatility and marginal single digit returns.Analysts cited by ANI expect Dalal Street to emerge from its consolidation phase and enter a phase of steady, gradual growth, with double-digit gains…
Rare earth elements or REEs have made their way as the new strategic assets, emerging as the ‘new oil’ of the 21st century, as countries race towards cleaner energy. REEs are a set of 17 metals vital for their use in a range of devices like electric vehicles, wind turbines, smartphones and defense systems.“Invisible to…
Denmark’s Novo Nordisk, the pharmaceutical giant behind blockbuster drugs Ozempic and Wegovy, is set for a major boardroom shake-up amid internal disagreements and growing competitive pressure in the weight-loss drug market. The company on Tuesday announced that it will replace more than half of its 12-member board, including its chair, following a dispute with its…
File photo: Canadian Prime Minister Mark Carney (Picture credit: AP) Canada’s annual inflation rate climbed to 2.4 per cent in September, slightly above analysts’ expectations, driven by rising grocery prices and moderated declines in gasoline costs, official data showed Tuesday.According to Statistics Canada, food prices rose 3.8 per cent year-on-year, marking the largest increase since…
Tata Motors Passenger Vehicles Ltd achieved a significant milestone this festive season, delivering more than 1 lakh vehicles between Navratri and Diwali, marking a 33 per cent year-on-year growth, the company said.The deliveries were led by SUVs, with the Nexon topping the charts at 38,000 units — a 73 per cent rise compared to the…
File photo: NSE CEO Ashish Chauhan (Picture credit: ANI) Indian markets began the new Hindu calendar year, Samvat 2082, on a cautiously positive note, with the Nifty closing around 25,900 in the one-hour Muhurat trading session on Tuesday. The Sensex ended at 84,426.34, up 62.97 points or 0.07 per cent, while the BSE Midcap and…
File photo (Picture credit: AP) Wall Street opened on a mixed note on Tuesday as investors assessed a wave of strong corporate earnings amid concerns about stretched valuations. The Dow Jones Industrial Average rose 0.1 per cent to 46,757.20, while the S&P 500 slipped 0.1 per cent to 6,731.14 and the Nasdaq Composite declined 0.3…
