News that keep you updated
The market’s short-term direction is likely to be influenced by INR-USD movements. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, tanked in opening trade on Tuesday. While Nifty50 went below 25,800, BSE Sensex was down over 620 points. The indices slipped further, shedding almost 0.75% around 9:42 AM. Nifty…
Trump indicated he had discussed this decision with Chinese President Xi Jinping. (AI image) US President Donald Trump has given the green signal to tech giant Nvidia to sell its H200 processors to China. The Trump administration has decided to permit exports of Nvidia’s H200 processors, their second-best AI chips, to China whilst implementing a…
US President Donald Trump on Monday unveiled a $12 billion relief package for American farmers, aiming to soften the financial blow of the ongoing trade war with China, which has driven up production costs and slashed crop sales. The announcement was made at the White House during a roundtable meeting attended by agriculture secretary Brooke…
Indian rice exporters are having a hard day at Dalal Street on Tuesday after US President Donald Trump hinted at a possibility of another round of tariffs on Indian rice imports. The announcement triggered an immediate rout on the markets, raising concerns among investors.Kohinoor Foods saw the sharpest fall, sliding 9.9% to Rs 24.41, its…
According to GTRI, Trump’s threat to impose new tariffs on Indian rice looks driven more by domestic politics than by trade logic. (AI image) US President Donald Trump has warned that more tariffs could be imposed on Indian rice, saying that India should not be ‘dumping’ its rice into America. Trump said he will ‘take…
Asian equities struggled on Tuesday, weighed down by a dip on Wall Street and caution ahead of major economic decisions. Hong Kong’s HSI dipped 1.1% to 25,481, shedding 284 points. Nikkei also traded at 50,550, down 0.06% or 31 points. Shanghai and Shenzhen joined the downward rally, trimming 0.27% and 0.37% respectively, at 11:20 AM…
Support is at $4160/$4115/$4085/$4050. Resistance is at $4245/$4300/$4381 (all-time high). (AI image) Gold price prediction: Gold prices are expected to rise on positive global cues, says Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan. The analyst believes that ‘buy on dips’ is the strategy that investors should adopt. Here’s his…
The ministry of civil aviation on Tuesday directed senior officials to conduct on-ground inspections at major airports to assess the situation firsthand and review the challenges passengers are facing.This comes as the operational breakdown at IndiGo continues to cause chaos at airports around the country. ‘Will Set An Example’: IndiGo Faces Heat As Aviation Minister…
IMF on Monday approved a disbursement of around $1.2 billion to Pakistan, lifting the country’s total inflows under the Extended Fund Facility and the Resilience and Sustainability Facility to roughly $3.3 billion. The IMF Executive Board cleared the payment during its meeting in Washington, citing the country’s efforts in macroeconomic reforms.Pakistan remains heavily reliant on…
YouTube CEO Neal Mohan, an Indian-origin executive, has been named TIME’s 2025 CEO of the Year. TIME recognized Mohan for his role in shaping YouTube into a dominant force in global cultural consumption. His leadership at the video giant stems from a strong academic background and extensive experience in digital advertising and product development. Source…
