Chinese defence stocks shoot up

Shares of Chinese defence manufacturing companies rallied on Wednesday, as the escalation in tensions between India and Pakistan boosted the outlook for exporters. Pakistan, which has imported a bulk of the defence equipment, claimed to have shot down Indian jets. This led to speculation that Chinese platforms may have been deployed in the conflict. Source…

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Operation Sindoor: 140 flights cancelled at Delhi airport amid India-Pak tensions | India News

NEW DELHI: Around 140 flights were cancelled to and fro Delhi airport on Wednesday after India carried out strikes on terror targets in Pakistan.Both domestic and international airlines were affected.The disruptions included 65 incoming and 66 outgoing domestic flights, news agency PTI said quoting sources. Additionally, two international arrivals and two international departures were cancelled…

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Gold rate today: Gold prices cross Rs 1 lakh per 10 grams as India-Pakistan tensions trigger safe haven buying

Gold rate today post Operation Sindoor: Gold prices rallied sharply on Wednesday, jumping Rs 1,000 to cross the Rs 1 lakh per 10-gram mark in the national capital as escalating tensions between India and Pakistan prompted investors to rush toward safe-haven assets.According to the All India Sarafa Association, gold of 99.9% purity rose to Rs…

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EU prepares tariffs on Boeing jets as transatlantic aerospace trade tensions flare

Aerospace companies are bracing for a potential escalation in trade tensions as the European Union prepares to target Boeing jets with retaliatory tariffs in response to existing US import duties on European goods, including Airbus aircraft, according to industry sources.The anticipated measures, expected to be announced Thursday by the European Commission, come as part of…

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