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Benchmark indices surged sharply on Wednesday, with investors turning bullish as easing oil prices and hopes of renewed US-Iran talks lifted sentiment across sectors.The BSE Sensex jumped 1,263.67 points, or 1.64%, to close at 78,111.24, after rising as much as 1,422.85 points, or 1.85%, during the session. The NSE Nifty climbed 388.65 points, or 1.63%,…
Hyderabad: Jeh Aerospace has inked a long-term agreement with French aerospace and transportation major Liebherr-Aerospace to manufacture and supply high-precision landing gear components for high-rate commercial single-aisle aircraft.As part of the agreement, Jeh Aerospace will produce these components at its Hyderabad facility, which will now become a part of Liebherr-Aerospace’s global industrial network. The deal…
US President Donald Trump on Wednesday renewed his attack on Federal Reserve Chair Jerome Powell, saying he would fire him if he continues in the role beyond the end of his mandate.Powell’s term as Fed chair ends in mid-May, and Trump has repeatedly criticised him for not cutting interest rates more aggressively, AFP reported. Watch…
The government on Wednesday has directed FASTag issuer banks to immediately verify vehicle registration numbers (VRNs) linked to tags to improve data accuracy in the tolling system.“In order to enhance the accuracy and reliability of data in the Electronic Toll Collection (ETC) system, National Highway Authority of India (NHAI) has issued directions to all FASTag…
NEW DELHI: The increase in minimum wages in states such as Uttar Pradesh and Haryana may result in several workers getting out of the provident fund net as the current wage ceiling for mandatory contribution to Employees Provident Fund Organisation is Rs 15,000 a month.Amid labour protests, the UP govt has increased the minimum wage…
Gold prices showed a mixed trend on Tuesday, with futures easing slightly on the Multi Commodity Exchange (MCX) even as retail prices across major cities moved higher.On the MCX, gold futures for the June 2026 contract declined Rs 468, or 0.30%, to Rs 1,54,349 per 10 grams, compared with the previous close of Rs 1,54,817….
India’s merchandise exports declined 7.44% year-on-year to $38.92 billion in March as disruptions in key trade routes amid the Middle East conflict weighed on outbound shipments.Imports also fell 6.51% to $59.59 billion from $63.75 billion in the year-ago period, reflecting the impact of tensions affecting routes such as the Strait of Hormuz, according to government…
India, which relies heavily on imported energy and is sensitive to price fluctuations, has felt the impact of disruptions in global oil flows. (AI image) In the middle of the ongoing Middle East conflict, India has received around 4 million barrels of crude from Iran. This is the first time in around seven years that…
NEW DELHI: The Indian economy is seen to be relatively better placed to face the impact of the West Asia crisis, two global agencies said on Tuesday.The International Monetary Fund’s (IMF) latest World Economic Outlook revised upwards India’s growth projection for the current fiscal year to 6.5%, against 6.2% estimated earlier, citing the strong momentum…
A day after Prime Minister Narendra Modi and US President Donald Trump reviewed bilateral ties and key economic engagement, an Indian delegation will travel to Washington from April 20 for trade talks, Additional Secretary Darpan Jain said, PTI reported.The delegation is expected to travel next week, sources told PTI, as both sides work towards resolving…
