Just as global energy supplies were beginning to stabilise after nearly four months of disruption, Iran has issued a fresh warning over the Strait of Hormuz. This time, however, the threat could extend far beyond the waterway.As tensions in the Middle East intensify again, Iran has warned that it could expand efforts to disrupt regional … Read more
The Union Cabinet on Wednesday approved seven major decisions covering infrastructure, semiconductor manufacturing, mobile phone production, fertiliser and railway projects. The package includes Semicon 2.0, the Mobile Phone Manufacturing Scheme (MPMS) and the National Investment Policy for Urea-2026, with a combined outlay of Rs 2,19,353 crore.The announcements came during a press briefing after the Cabinet … Read more
China’s economy lost pace in the April-June quarter, despite rising exports as weak domestic demand and investment dragged growth to its slowest pace in more than three years. Official data released on Wednesday showed that the economy expanded at an annualised 4.3%, down from 5% in the January-March quarter and below forecasts. Exports continued to … Read more
AI generated image, used only for representational purpose Dalal Street made a strong comeback on Wednesday, reversing previous session’s losses as improving tech sentiments, firmer rupee, and other geopolitical cues boosted investor confidence. BSE Sensex jumped 553 points to 77,603.57 in early trade, while NSE Nifty gained 148.15 points to 24,198.40. The recovery came a … Read more
Gold is expected to remain supported as softer-than-expected US inflation has eased immediate expectations of further Fed tightening. (AI image) Gold price prediction today: Gold prices are likely to see a constructive outlook in the near-term, while silver is supported for the long-term, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares … Read more
India is emerging as one of the world’s biggest investment opportunities, with global companies increasingly backing its long-term growth story despite carefully weighing risks and returns, according to Harjinder Kang, the UK’s Trade Commissioner for South Asia. The executive said that a proposed Bilateral Investment Treaty (BIT) between the two nations could further strengthen investor … Read more
IBM said it had “faltered” in responding to a sharp shift in corporate technology. (AP photo) A $69 billion wipeout and worst fall in nearly 40 years – IBM’s share price on Tuesday crashed 26% in trade in a sign of how the technology sector is rebalancing with the growth of artificial intelligence. Shares of … Read more
Shares of software and IT services companies plunged Tuesday after International Business Machines (IBM) reported preliminary results that missed analyst expectations, reigniting questions about the sector.IBM shares plummeted as much as 26%, on track for their biggest one-day drop since at least 1968. The company reported that it missed expectations because customers shifted capital spending … Read more
MUMBAI: Gautam Adani and his family’s Adani Properties were the biggest gainers in India’s real estate industry, adding Rs 38,000 crore to reach Rs 90,400 crore in valuations, with a 73% surge in wealth.According to the 2026 GROHE-Hurun India list of the country’s top 151 property companies released on Tuesday, Adani Properties moved four places … Read more
NEW DELHI/MUMBAI: Government has begun the exercise to decide on the process for sale of its stake in IDBI Bank and is looking to speed up the process months after rejecting bids that were below the reserve price.Two high-powered meetings of officials took place on Monday, govt officials said, with focus on two qualified bidders-Prem … Read more