News that keep you updated
US Fed chair Jerome Powell (File photo by AP) The US Federal Reserve’s Federal Open Market Committee (FOMC), led by Fed Chair Jerome Powell on Wednesday cut the key rate by 25 basis points. The rate now stands between 3.5 percent and 3.75 percent, the lowest level in nearly three years. “In support of its…
In a major move towards greener transportation, Indian Railways has completed the manufacturing of its first hydrogen-powered train on a pilot basis, following specifications laid out by the Research, Design & Standards Organisation (RDSO).“This project involved designing from first stages, prototype manufacturing and first-time development of hydrogen traction technology in Indian Railways,” said Union minister…
In a major move towards greener transportation, Indian Railways has completed the manufacturing of its first hydrogen-powered train on a pilot basis, following specifications laid out by the Research, Design & Standards Organisation (RDSO).“This project involved designing from first stages, prototype manufacturing and first-time development of hydrogen traction technology in Indian Railways,” said Union minister…
India’s recently introduced flight duty regulations for pilots are significantly stricter than those in many other countries, but operations are expected to stabilise over time, International Air Transport Association (IATA) Chief Willie Walsh said.His remarks follow a week of major disruptions at IndiGo, India’s largest airline, which saw hundreds of flights cancelled and thousands of…
Currently, India and the US are conducting parallel negotiations on two fronts. (AI image) India-US trade deal: Calling India a ‘tough nut’ to crack, US Trade Representative Jamieson Greer on Tuesday also said that India gives some of the ‘best offers’. Greer’s comments assume significance at a time when a US delegation is in India…
US stock market today: US equities showed little movement Wednesday morning as investors awaited the Federal Reserve’s policy announcement. S&P 500 edged down 0.1% but stayed close to its record levels, while the Dow Jones Industrial Average remained unchanged and the Nasdaq fell 0.3%. Treasury yields also showed little change as traders prepared for the…
Silver price today: Silver futures surged to another record on Wednesday, lifted by strong investor interest and growing expectations that the US Federal Reserve will cut interest rates.On the Multi Commodity Exchange, the March silver contract advanced for the second straight session, rising Rs 3,736, or 1.98 per cent, to reach a new peak of…
At 9:01am this Monday, something quietly historic happened on the National Stock Exchange. For the first time, options-crazed traders didn’t dive straight into live futures prices at the opening bell – they had to watch a call auction screen instead.NSE’s new 15-minute pre-open session for equity derivatives went live on December 8, in what traders…
The government has not yet assigned spectrum to Starlink for commercial service deployment, and security clearances remain pending. Elon Musk-led Starlink plans to soon introduce its satellite communication services in India with pricing between Rs 2,500-3,500 for retail customers. The company aims to provide services across multiple sectors including maritime, aviation, retail, and enterprise segments….
Gold prices showed a mixed trend on Wednesday, with domestic futures inching up even as international rates dipped. On the Multi Commodity Exchange, February gold futures rose by Rs 173 to Rs 1,30,280 per 10 grams, while Comex gold for the same month traded marginally lower at $4,234.3 an ounce.Gold price in your city today:…
