Business

Vaishanaw flagged off four new trains and services Railway Minister Ashwini Vaishnaw on Monday flagged off new train services and announced route extensions aimed at improving rail connectivity across Maharashtra, Uttar Pradesh and Uttarakhand, while also inaugurating the extension of an existing service through video conferencing from Bhubaneswar.The minister launched the services from Rail Sadan … Read more

Wall Street opened higher led by a rebound in artificial intelligence (AI) stocks Wall Street opened higher on Monday, led by a rebound in artificial intelligence (AI) stocks as investors returned to the sector after recent volatility, while markets also assessed a planned mega share sale by South Korean chipmaker SK Hynix and an increase … Read more

Trump rings Wall Street bells from Oval Office President Donald Trump on Monday rang the opening bells of the New York Stock Exchange and the Nasdaq from the Oval Office to mark the launch of Trump Accounts, a new investment programme for children created under Republicans’ 2025 tax and spending law.The symbolic ceremony came as … Read more

Saudi Arabia made it biggest cut in its main Arab Light crude for Asian customers Saudi Arabia cut price of its main crude grade effective August for Asian customers amid weakening demand and easing tensions. It’s the largest reduction in over two decades.The sharp price cut comes as pressure grows on the world’s largest crude … Read more

Taiwan’s Unimicron plans a global share sale amid AI-driven chip demand (Representative image) Taiwan’s Unimicron Technology is seeking to raise about $1.4 billion through a global share offering, joining a wave of Asian semiconductor companies tapping international investors as artificial intelligence-driven demand fuels industry expansion.According to a term sheet seen on Monday, the printed circuit … Read more

Morgan Stanley has a bullish outlook on equities India’s recent market cool-off may be a temporary phase rather than a reset. According to Morgan Stanley, stronger economic growth could help the country regain lost valuation ground and reinforce the investment case for Indian equities. The brokerage added that the relative de-rating has been driven largely … Read more

India’s state-owned oil refining giants stepped up crude purchases last week, securing millions of barrels through separate tenders. According to sources cited by Reuters, Indian Oil Corp (IOC) and Hindustan Petroleum Corp (HPCL) together bought around 7 million barrels of crude, with the cargoes scheduled for delivery over the coming months.IOC accounted for 5 million … Read more

Selecting an incorrect ITR form can result in the return being treated as defective. (AI image) ITR filing: Which is the correct tax return form for you? ITR-1 to ITR-7 eligibility explainedITR filing FY 2025-26: Filing your income tax return can seem to be a daunting task. This annual exercise should be completed with extreme … Read more

Upside in bullion may remain limited as inflation continues to stay above the Federal Reserve’s 2% target. (AI image) Gold price prediction today: Gold prices are likely to see a limited upside because of high inflation in the US, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold inched higher in … Read more