Dow drops nearly 400 points as tech rally cools; Nvidia earnings in focus

US stock markets extended losses on Tuesday, with Wall Street moving further away from record highs as technology stocks lost momentum and investors remained cautious over rising bond yields, oil price volatility and geopolitical uncertainty.The S&P 500 declined 0.5 per cent and was headed for its third consecutive decline after recently touching a record high….

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‘Need more sambandh’: Iceland PM draws attention to ‘purely Icelandic word’ with PM Modi on stage at Nordic conference

NEW DELHI: Iceland PM Kristrún Frostadóttir drew attention to the word “sambandh,” noting its linguistic and emotional resonance between India and Iceland. Speaking during the India-Nordic Summit on Tuesday, the remarks came in response to Prime Minister Narendra Modi’s use of the word where he highlighted that in several Nordic languages, the word had the…

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Sebi proposes STP overhaul to cut costs and reduce concentration risks

With a decentralised Application Programming Interface (API)-based model aimed at reducing costs, lowering latency and improving service delivery for market participants, market regulator Sebi on Tuesday proposed a major overhaul of the existing Straight-Through Processing (STP) framework seeking to replace the current centralised hub-based structure, PTI reported.In a consultation paper, Sebi proposed removing the current…

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Standard Chartered to cut 7,800 jobs across India, China and other hubs as CEO Bill Winters says ‘it’s not cost cutting, it’s…’

Standard Chartered will eliminate roughly 7,800 jobs by 2030, around 15 per cent of its corporate functions, as the Asia-focused lender leans on AI to slim down its back office. The bank employs nearly 82,000 people worldwide, and more than 52,000 of them sit in the corporate functions being targeted.CEO Bill Winters, the UK’s longest-serving…

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Arvind Kejriwal, Bhagwant Mann carried Raghav Chadha on shoulders on his wedding day with Parineeti Chopra, Priyanka Chopra’s mom was asked to delete PICS due to tight security

Parineeti Chopra and Raghav Chadha tied the knot in September 2023 and it was an intimate wedding Udaipur wedding. The wedding was conducted with tight privacy and elaborate arrangements, and now singer and Vedic priest Ankit Batra has revealed several unseen details from the grand celebration. From strict security measures to emotional wedding rituals, Ankit…

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