News that keep you updated
Stock market today: Indian benchmarks began the week in red, as benchmark indices Nifty50 opened below 25,700 and Sensex was down over 300 points, on Monday. The indices came under pressure as persistent selling persisted, with investors remaining cautious due to ongoing unrest in Iran and rising crude oil prices.NSE benchmark Nifty50 was trading at…
Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony this summer about the Fed’s building renovations. The move represents an unprecedented escalation in President Donald Trump’s battle with the Fed, an independent agency he has repeatedly…
US President Donald Trump said that he may bar ExxonMobil from operating in Venezuela, criticising the oil giant after its leadership questioned the viability of investing in the country after the capture of former president Nicolas Maduro by US forces. Speaking to reporters aboard Air Force One on Sunday as he departed West Palm Beach,…
NEW DELHI: In an effort to eliminate illegal activity in the digital asset market, India’s Financial Intelligence Unit (FIU) has unveiled stringent new anti-money laundering (AML) and know your customer (KYC) protocols for cryptocurrency exchanges, including mandatory liveness detection and geographical tracking during the onboarding process. The updated guidelines, issued on Jan 8, classify crypto…
European Commission head Ursula von der Leyen will sign the Mercosur trade deal in Paraguay on January 17, Brussels said Sunday. The EU gave a long-delayed go-ahead Friday to the huge trade pact with the South American bloc — overriding opposition led by key power France.More than 25 years in the making, supporters see the…
CHENNAI: In a significant boost to its India strategy, Vietnamese electric vehicle maker VinFast has crossed the 1,000-unit mark in cumulative electric car sales in the country-an impressive milestone for a new entrant achieved in just about four months. The growth comes as the company steadily expands its sales and service footprint while strengthening its…
To beat the market in recent years, many investors applied a simple strategy: Load up on the biggest US technology stocks. It paid handsomely for a long time. But last year, it didn’t. For the first time since 2022, when the Federal Reserve started raising interest rates, the majority of the Magnificent 7 tech giants-Nvidia,…
RAJKOT: Reliance Industries will double its investment in Gujarat to Rs 7 lakh crore, focussing on clean energy, a bold push in artificial intelligence (AI) and digital inclusion, sports infrastructure and social development. RIL CMD Mukesh Ambani announced Sunday that the group will pioneer India’s AI push by setting up the country’s largest AI-ready data…
