US stock market today: Wall Street in red ahead of US Federal Reserve policy review; oil prices climb

Technology stocks, particularly companies viewed as richly valued, remain under pressure. US stock market today: US equities traded in negative on Wednesday as investors awaited the outcome of the Federal Reserve’s latest policy meeting on interest rates. Meanwhile, oil prices climbed sharply.S&P 500 edged down 0.73%. The Dow Jones Industrial Average lost over 700 points, … Read more

India faces 100% Trump tariff threat as US Senate advances Russia Sanctions Bill – what it means

The Trump administration has previously imposed trade measures on India while exempting China. (AP file photo) Is India going to face 100% tariffs for its continued imports of Russian crude oil? A latest move by the US Senate has sparked buzz on countries like China and India, which import Russian crude oil in huge quantities, … Read more

ITR filing deadline nears: How to file income tax return online on e-filing portal – quick 15-step guide

Filing your ITR needs to be a careful process to avoid triggering any unwanted scrutiny. It’s the last week of July and like every year the income tax return filing deadline is nearing. For salaried taxpayers July 31, 2026 is the last date on which they can file their ITR within the due date.Taxpayers who … Read more

‘Made in India’ phones go global: Smartphone exports jump 165 times to Rs 2.59 lakh crore

India’s electronics manufacturing sector has seen a major expansion over the last decade, with mobile phone exports recording a 165-fold increase between 2014-15 and 2025-26, the government said in Parliament on Wednesday.Mobile phone exports, which stood at around Rs 1,500 crore in 2014-15, have now reached approximately Rs 2.59 lakh crore in 2025-26, according to … Read more

Payday winners: India’s salary hikes projected at 8.6%-10.2%; who gets the most?

The year’s deadlines, late nights and endless to-do lists all lead to one prized moment — appraisal season. The big question: who gets the biggest slice of the payday pie?Salary hikes may not be hitting double digits across the board next year, but for professionals in electric vehicles, fintech, healthcare and engineering, the pay outlook … Read more

Higher US LPG imports: Why Indian Oil is looking to acquire 50% stake in very large gas carriers

State-owned fuel retailers in India are expected to increase purchases of US LPG from 2027. India’s largest refiner, Indian Oil Corporation (IOC), is planning to acquire a 50% stake in very large gas carriers (VLGCs). The move comes amid preparation to step up imports of liquefied petroleum gas (LPG) from the United States, according to … Read more

South Korea’s Kospi tumbles 6% as SK Hynix slide, AI spending worries trigger chip selloff

A screen shows the Korea Composite Stock Price Index (KOSPI) at the Korea Exchange in Seoul, South Korea, Wednesday, July 29, 2026. (AP Photo) South Korea’s benchmark Kospi index plunged 6% on Wednesday, dragged down by a sharp selloff in chipmakers after SK Hynix reported quarterly earnings that, despite surging nearly sixfold from a year … Read more

Indian IT stocks rally: Why TCS, Infosys, Wipro are rising as global AI stocks plunge

With IT services stocks having borne the brunt of concerns surrounding artificial intelligence, Jefferies believes the cooling of the AI trade could open the door for a tactical rebound in the sector. Indian IT sector stocks after declining for the most part of this year have been rallying strongly over the last few sessions. They … Read more

Gold price prediction today: What factors will determine gold’s movement? Check July 29, 2026 outlook

The spotlight this week is firmly on today’s FOMC policy decision, which is expected to set the tone for gold’s next major move. Gold price prediction today: Both gold and silver prices are expected to be volatile this week ahead of the US Federal Reserve’s policy, says Vedika Narvekar, Research Analyst – Commodities & Currencies, … Read more

India may soon get plastic notes: Why they are being introduced and what happens to paper money

The RBI has recently floated a tender to procure material for polymer banknotes. Soon you may be using plastic or polymer currency notes! The government has authorised the Reserve Bank of India (RBI) to print an initial batch of 2 billion polymer banknotes for field trials, the government informed Parliament on Monday.The RBI has recently … Read more