Wall Street saw modest gains on Wednesday as investors sifted through a wave of corporate earnings to gauge how businesses are coping with President Donald Trump’s tariffs.Nasdaq climbed 60 points or 0.29%, reaching 20,977. S&P 500 followed the trajectory, with a modest rise of 11 points, rising 0.18% to 6310.DJIA, on the contrary, dipped 12…
Japan is set to begin importing Ford’s hefty F-150 pickup trucks, US President Donald Trump said on Tuesday, even as questions linger over the full scope of the countries’ trade agreement.The move comes as part of a deal announced in July, under which Japanese imports will be hit with a 15% “reciprocal” tariff, lower than…
MUMBAI: Kotak Bank has advised customers to use its mobile banking app or net banking platforms to check account balances after reports of a Delhi-based individual seeing a 37-digit balance through a third-party UPI app emerged.In a statement, the bank said media reports suggesting an unusually large balance were incorrect. It urged customers to verify…
MUMBAI: The appetite of Indians for credit-funded leisure is growing. Holidays have overtaken home renovations and medical needs as the leading reason for taking personal loans. A Paisabazaar report, based on a survey of over 5,700 respondents in 97 cities, finds that in the first half of 2025, 27% borrowers took a loan to fund…
A 20-year-old man from Dankaur near Noida was stunned after receiving a bank message showing an unimaginable sum of money, Rs 10,01,35,60,00,00,00,00,00,01,00,23,56,00,00,00,00,299, credited to his account on August 1.The man, Deepak, said the amount was deposited in his late mother’s account, which he had opened just two months ago. I got a message that Rs…
Reserve Bank of India governor Sanjay Malhotra on Wednesday gave a firm reply to Donald Trump’s ‘dead economy’ remark, assuring that India’s economy is “doing very well” and contributing more to global growth than the United States.Speaking to reporters at the RBI headquarters, Malhotra highlighted India’s resilience and strong performance even as Trump’s controversial remark…
Cinema chain PVR INOX Ltd on Wednesday reported a sharp reduction in its consolidated loss after tax to Rs 54.5 crore for the quarter ended June 30, 2025, helped by strong movie content that drove higher footfall and revenue, the company disclosed in a regulatory filing.The company had posted a loss of Rs 179 crore…
What do the European Union and United States of America import from Russia? How does it compare to the India-Russia trade? US President Donald Trump may be irked with India’s oil trade with Russia, but the European Union and America continue to purchase Russian energy and commodities worth billions of euros and dollars, including liquefied…
NEW DELHI: Demand for Indian services remained robust, and activity in the sector reached an 11-month high in July, driven by strong global orders, including from the US. Business confidence also strengthened, as shown by a survey released on Tuesday. In July, the HSBC India Services PMI business activity index was at 60.5, slightly changed…
RBI Governor Sanjay Malhotra on Wednesday announced key initiatives to make banking services more customer-friendly and inclusive. Among the major steps is the move to simplify and standardise the claims settlement process for bank accounts and safe deposit lockers of deceased customers to ease the burden on nominees trying to access funds.Addressing the third bi-monthly…
