Asian stocks mostly gained on Tuesday, with Japan’s Nikkei 225 (.N225) hitting a fresh all-time record high after US President Donald Trump extended a tariff truce with China for another 90 days, a move that eased trade tensions between the world’s two largest economies and steadied oil prices. The Nikkei jumped as much as 2.8…
The officials addressed worries about a perceived decline in Indo-US relations. India-US trade deal talks: Senior officials from the central government, engaged in trade discussions with the US, have indicated that whilst the current phase in trade relations is challenging, India maintains certain non-negotiable positions. They have emphasised India’s dedication to resolving all pending matters…
Nayara Energy has been facing challenges since July, when the European Union enacted its 18th sanctions package. (AI image) Russia-backed Indian refinery Nayara Energy is faced with a fresh challenge. India’s largest public sector lender SBI has stopped processing international trade and forex transactions for Nayara Energy following recent US tariff hikes. The bank’s decision…
Nearly 100,000 diamond cutting and polishing workers in Gujarat’s Saurashtra region have lost their jobs since the United States imposed a 10% baseline tariff in April, according to Gujarat’s Diamond Workers Union. According to ET, the union’s vice-president, Bhavesh Tank, said that the pace of layoffs accelerated over the past 10 days, when the tariff…
Analysts anticipate steady market conditions whilst monitoring developments regarding US tariff. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Tuesday. While Nifty50 was below 24,600, BSE Sensex was near 80,500. At 9:18 AM, Nifty50 was trading at 24,569.75, down 15 points or 0.062%. BSE…
Gold price prediction: Gold is still caught in its nearly 12-week-old range of $3,250-$3,450. (AI image) Gold price prediction today: Gold rates are stuck in a range despite spurts of positive upside. Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan shares his views on gold price outlook and what levels…
Top stocks to buy or sell today (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Hindustan Zinc is a sell call today, while L&T (Larsen & Toubro) is a buy call:Hindustan Zinc – Sell in the range between Rs 420 & Rs 415; Stop…
MUMBAI: India is a big driver of growth but consumption has been slightly uneven in the June quarter – blame the urban markets where not all pockets are seeing a healthy demand uptick and partly the early rains which took the fizz out of summer sales. Consumer confidence is soft and growth has somewhat sputtered…
NEW DELHI: Lok Sabha on Monday approved the Income Tax Bill 2025 – a key reform aimed at revamping the decades old income tax law for individuals and companies, making it simple for taxpayers and easing the compliance burden.Earlier, FM Nirmala Sitharaman introduced the revised and updated version of the I-T bill in Parliament, incorporating…
MUMBAI: R Doraiswamy, who took over as MD & CEO of LIC less than a month ago, wants the corporation to retain its position as the largest insurer. He speaks to TOI about LIC’s strategies.With both markets and interest rates down, how will you increase returns? Have you repriced any products because of the fall…
