NEW DELHI: India and the US kicked off ministerial level trade talks on Monday to work out a deal before the expiry of the current 10% tariff imposed by the Trump administration on imports from all countries.“India and the US share a strong and growing economic partnership. We had productive discussions on advancing negotiations towards…
MUMBAI: Markets regulator Sebi is proposing a common advertisement code for all its regulated entities. Under the new code, even individual mutual funds will be allowed celebrity endorsement at the brand level, an option not allowed currently. At present AMFI as the industry trade body could use such endorsements for the MF industry as a…
MUMBAI: A massive slide in tech-heavy Korean stock market on Tuesday, which followed the overnight sell-off in US tech stocks, pulled sensex down by nearly 900 points to 76,201 points. However, despite the day’s tech-led sell-off, foreign funds were net buyers, something that market players said was a positive sign.The day’s session started on a…
BENGALURU: IPO-bound real estate and mortgage platform Square Yards has raised Rs 900 crore through a mix of debt and equity, catapulting it into the unicorn club as it gears up for a public listing. The funding round was anchored by real estate investment firm EAAA Alternatives, with participation from global corporate credit manager Muzinich…
India and the United States might just be a month away from finalising a trade deal! The two sides entered fresh rounds of negotiations after Washington held high-level trade discussions in New Delhi on Tuesday aimed at revisiting and recalibrating the proposed bilateral agreement, following recent changes in US tariff policy that disrupted the earlier…
Iran hopes to make the most of the temporary reprieve that could allow it to restart exports. (AI image) With the Donald Trump administration announcing a 60-day waiver for Iran’s petroleum products, Tehran is reportedly rushing to sell oil to some of Asia’s biggest crude buyers, including India.For years, sanctions restrictions forced Iran to direct…
Wall Street began the day on a weak note on Tuesday with benchmark indices plunging in red. The stocks came under heavy pressure as the broad sell-off in technology shares deepened, with the Nasdaq Composite falling more than 2% in early trading and futures signalling further declines ahead of the opening bell.Around 7:30 pm IST,…
AI generated image, used only for representational purpose The Hormuz crisis, which disrupted global energy flows for more than 100 days, has raised questions over India’s ability to diversify fuel supplies beyond the Strait and the Middle East. India’s energy sector is closely monitoring the situation, with the Middle East continuing to remain the country’s…
The attraction of US equities extends well beyond a handful of technology companies. (AI image) A few weeks ago SpaceX’s listing on the US stock market made Elon Musk the world’s first trillionaire. The US stock market remains the biggest in the world, with several of its companies having over trillion dollar valuations. In fact,…
AI generated image, used only for representational purpose The South Korean stock market went from record highs to a sharp sell-off, with the benchmark Kospi tumbling as low as 10% on Tuesday. The drop came as investors rushed to sell chip stocks over fears of excessive speculation. Kospi ended the day at 8,203.84, down 910.71…
