US President Donald Trump US President Donald Trump turned a routine walk around the White House grounds into a detailed showcase of his latest construction projects on Wednesday (local time), taking reporters through the newly rebuilt driveway, the revamped helipad and other work underway around the complex.Trump used the impromptu tour to point out everything … Read more
Indian stock markets head into Thursday’s session with a mix of positive global cues and continuing domestic concerns. The immediate focus is on the potential opening after GIFT Nifty futures pointed to gains, following a sharp rebound across Asian markets. The improvement in global sentiment came after the US Treasury announced plans to double buyback … Read more
MUMBAI: Sebi chairman Tuhin Kanta Pandey on Wednesday said that among several market reforms that the regulator was working on, it was in the process of putting in place “a framework to support global fund-management activity from India.” He also said that the Securities Lending & Borrowing Mechanism (SLBM) and the short selling frameworks were … Read more
Brent crude continues to rise amid Hormuz disruption Oil prices remained close to recent highs, above the $90 per barrel mark in early trade on Thursday as investors assessed uncertainty surrounding the US-Iran war and the shipping status through the Strait of Hormuz.Around 7:30 am IST, WTI crude was trading at $84.66 a barrel, up … Read more
The 30-year Treasury yield, which recently reached its highest level since 2007, declined more sharply. US stock market today: Wall Street edged higher on Wednesday after the US Treasury Department said it could increase its purchases of government bonds, easing some of the pressure that has been weighing on financial markets globally. The market also … Read more
Analysts and traders aid refiners in both countries are likely to continue earning billions of dollars from stronger exports. (Representative image) With global fuel supplies disrupted due to the Middle East crisis and Russia-Ukraine war, refiners in India and the US have emerged as beneficiaries. Oil refiners in the two countries are benefitting significantly as … Read more
Assessments under Section 144B of the Act are often described as both “faceless” and “jurisdiction-less”. India’s faceless assessment regime is an important part of a broader strategy to move away from manual, officer-led discretion-based scrutiny to a technology-led standardised and transparent tax administration. It significantly reduces the need for in-person meetings, improves accountability, and ensures … Read more
The projects are expected to add 410 km to the railway network, connect 6,448 villages and enable 76 million tonnes of additional freight traffic annually. The Union Cabinet on Tuesday approved five infrastructure projects worth a total of Rs 13,041 crore, including four railway multitracking projects costing Rs 9,450 crore and the four-laning of an … Read more
Wilson Campbell is set to depart as Air India CEO Air New Zealand has appointed outgoing Air India CEO and Managing Director Campbell Wilson to its board, marking his return to a non-executive role after more than three decades in the aviation industry.Wilson, who has been leading Air India’s transformation, will step down from the … Read more
Indian equities have declined over the past two weeks despite a brighter earnings outlook. India’s stock market, among the worst performing this year, has now replaced Indonesia to become the ‘least-favoured’ stock market in India, as per a fund managers’ survey by Bank of America Corp. This signals growing investor caution for the Indian stock … Read more