News that keep you updated
MUMBAI: Two social media posts on Monday night—one by US President Donald Trump and the other by Prime Minister Modi—left Indian investors richer by a massive Rs 12 lakh crore a day later. The spurt in investors’ wealth—the fifth biggest single-day gain in history—came on the back of a stock market rally that pushed sensex…
NEW DELHI/MUMBAI: India’s steel, aluminium, and copper sectors will continue to face steep US tariffs, as these strategic metals remain subject to US’ Sec 232 provisions tied to national security. While the reciprocal tariff on Indian goods has been reduced from 25% to 18%, tariffs on steel, aluminium, and copper remain at 50%, offering no…
NEW DELHI: Union commerce and industry minister Piyush Goyal on Wednesday defended the India-US bilateral trade agreement in the Lok Sabha, saying India had “successfully safeguarded” its sensitive sectors, particularly agriculture and dairy, after nearly a year of negotiations between the two sides. “As the Members of the House are aware, since Prime Minister Narendra…
India’s services sector recorded a strong start to 2025 as the activity climbed to a two-month high in January, thanks to improving demand and firms expanded capacity. The seasonally adjusted HSBC India Services PMI Business Activity Index climbed to 58.5 in January, up from 58.0 in December, reflecting faster growth in output and new business….
MUMBAI: Reports of an agreement between India and US on a trade deal sparked a sharp rally in the rupee and govt bonds on Tuesday, lifting market sentiment despite the lack of detailed disclosures.The rupee jumped 124 paise to 90.27 against the dollar, its strongest single-day gain in seven years and the best since late…
Gold, silver price prediction Gold price predictiontoday: Gold and silver prices are recovering this week, but are expected to see volatility in the coming days, says Maneesh Sharma, AVP – Commodities & Currencies, Anand Rathi Shares and Stock Brokers. He shares his outlook for gold and silver prices in the coming days:Gold was seen recovering…
Asian equities traded mixed on Wednesday as losses in US technology stocks continued to weigh down sentiment, while precious metals inched higher as investors flocked to safe-haven assets.Hong Kongs HSI was down 26 points to 26,807 at 10:55 am IST. In Japan, Nikkei fell over 539 points or 0.99% to 54,180. Shanghai and Shenzhen were…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmarks, openedin red on Wednesday, a day after a strongly rally on the back of India-US trade deal announcement. At 9:16 AM, Nifty50 was trading at 25,671.95, down 56 points or 0.22%. BSE Sensex was at 83,472.11, down 267 points…
The sell-off in IT stocks was triggered by an announcement from US-based AI startup Anthropic. (AI image) IT stocks crash! Shares of Indian IT majors Infosys, Wipro, HCL Tech, Tata Consultancy Services (TCS), and Persistent Systems tanked in opening trade on Wednesday, dragging Sensex down by over 100 points. The decline was due to concerns…
Rupee opened on a weak note on Wednesday, slipping 22 paise to 90.54 against the US dollar, after recording a strong rally in the previous session.The currency recorded a strong performance on Tuesday, soaring 122 paise, or 1.33%, to settle at 90.27 against the dollar. The spike came after India and the United States announced…
