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Global Market: European shares hold steady as Hormuz uncertainty keeps oil prices elevatedEuropean shares were broadly flat on Monday as uncertainty over the Strait of Hormuz kept oil prices elevated. Investors awaited key econom...
Global Market: Shanghai, Hong Kong stocks rise as consumer gains offset tech weaknessShanghai and Hong Kong stocks gained on Monday as consumer and property shares offset weakness in technology stocks. Investors assessed fre...
Silver climbs Rs 2,100/kg, but gold prices fall as focus shifts to inflation data amid Iran war. Key levels to trackGold and silver prices traded mixed on the MCX, with silver extending gains while gold edged lower as investors booked profits after last w...
US stock rally faces inflation test as investors weigh Fed rate pathUS stocks’ technology-led rally faces a crucial test this week as investors await inflation data for clues on the Federal Reserve’s interes...
China producer inflation slows to three-month low, consumer prices coolChina's producer price inflation eased more than expected in July. Consumer inflation also cooled, reflecting weaker domestic demand in the...
“Our top priority is to…”: Why Texas just hit pause on new data centers as Greg Abbott orders audit amid Elon Musk’s Texas pushTexas has paused approvals for new data centers as Governor Greg Abbott orders a sweeping audit of projects seeking access to the state’s p...
Dollar drops as weak US jobs data pushes out Fed hike expectationsThe US dollar lost ground against key currencies due to unexpected job losses in July, raising fears about economic stability. As a result,...
Karnataka: DK pledges his Govt’s commitment to socio-economic survey, backs nationwide caste censusKarnataka Chief Minister DK Shivakumar reaffirmed the state's commitment to its socio-economic survey. He strongly supported the demand for...
US stocks: US stocks rise as surprise payrolls decline cools rate-hike fearsUS stock markets opened higher on Friday after unexpected job losses. The S&P 500 and Nasdaq saw gains at the opening bell. This economic d...
India's forex reserves jump $10.5 billion to over two-month high of $692.87 billion as of July 31India's foreign exchange reserves saw a significant rise of over ten billion dollars. This surge pushed the nation's reserves to their high...
US Stock Market: Warsh's Fed leaves markets searching for policy cluesFederal Reserve Chair Kevin Warsh is changing the central bank’s communication approach, reducing reliance on forward guidance and leaving ...
Global Market: China, Hong Kong stocks rise as strong trade data and AI demand lift sentimentChina and Hong Kong equities advanced on Friday after stronger-than-expected July trade data reinforced confidence in the country's export ...
Government opposes income-based sub-quota in reserved categoriesThe Centre opposes a Supreme Court petition for income-based reservation sub-quotas. It argues reservation for SCs, STs, and OBCs is based ...
US Stock Market: Fed's Daly backs steady rates, says more inflation data needed before September decisionSan Francisco Fed President Mary Daly backed the Federal Reserve's decision to keep interest rates unchanged, saying policymakers need more...
Timeline: How RBI's repo rate has changed since June 2000The Reserve Bank of India kept the repo rate unchanged at 5.25% and retained its "neutral" policy stance, in line with market expectations,...
Global Market: China's services growth slows to 10-month low in July; weak demand weighs on outlookChina's services sector expanded at its weakest pace in 10 months in July as softer domestic demand slowed business activity, reinforcing c...
Global Market: South Korean shares slip nearly 2% as AI spending worries overshadow softer inflationSouth Korean shares fell nearly 2% on Tuesday as renewed concerns over AI-related spending and heavy selling in semiconductor stocks oversh...