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US stocks were largely steady on Wednesday, hovering close to record levels as investors navigated a holiday-shortened session ahead of the Christmas break.In early trade, the S&P 500 was flat, a day after closing at its latest all-time high. The Dow Jones Industrial Average edged up 51 points, or 0.1%, while the Nasdaq composite slipped…
US unemployment benefit claims fell again last week, underscoring a labour market that remains broadly stable even as hiring momentum shows signs of cooling, according to data released by the Labor Department.Applications for jobless aid dropped by 10,000 to 214,000 for the week ended December 20, down from a revised 224,000 a week earlier, AP…
NEW DELHI: Captain SPS Suri, who flew back the hijacked IC 814 from Kandahar to Delhi on Jan 1, 2000, has been appointed the chief operating officer of India’s biggest regional airline Star Air. Former director operations of erstwhile Air India who worked with SpiceJet for nearly a decade after retiring from AI in Nov…
Sunil Mittal (File photo-ANI) New Delhi: Bharti Enterprises and Warburg Pincus on Wednesday announced a strategic investment in Haier India, a subsidiary of Chinese consumer electronics maker Haier Group, picking up a collective 49% stake in the company. This is the second Chinese company to have sold a significant stake in its Indian operations after…
Trading in Indian stock markets will be closed on Thursday, December 25, for Christmas, according to the exchanges’ holiday schedule.Both the BSE and the National Stock Exchange (NSE) will be shut for trading across segments on December 25. Normal trading activity will resume on Friday, December 26, 2025. This is the only stock market holiday…
AI-generated image used for representation “The golden age of America begins right now,” Donald Trump declared as he launched his second stint in the White House. Back in the presidency, he wasted no time signaling that this term would be markedly different from his first. Trump’s biggest leverage this time: tariffs. Unlike before, trade would…
Identified taxpayers are being sent SMS and email under the government’s NUDGE campaign. (AI image) ITR filing FY 2024-25 (AY 2025-26): The Income Tax Department is stepping up scrutiny for tax returns and many taxpayers are getting alerts to check their exemption and deduction claims. The last date to file income tax returns for FY…
Gold prices surged to fresh record levels in both domestic and international markets on Wednesday, driven by expectations of further monetary easing by the US Federal Reserve and heightened geopolitical tensions that boosted safe-haven demand.In domestic futures trade, gold prices climbed to a lifetime high of Rs 1,38,676 per 10 grams on the Multi Commodity…
A US district court judge has upheld President Donald Trump’s decision to impose a $100,000 entry-fee on new H-1B visa workers hired from outside the US, delivering a significant legal win to the administration’s assertion of broad executive authority over immigration.In an order issued on Tuesday night, Judge Beryl A. Howell, of the Columbia district…
Reserve Bank of India (ANI image) The Reserve Bank of India (RBI) has issued a draft proposal aimed at making cross-border payments more transparent and consumer-friendly. With this, the bank aims to address long-standing complaints about hidden charges and unclear pricing in foreign exchange transactions.A large number of individuals face difficulties while making overseas payments…
