Bank of England votes 7-2 to hold rates at 3.75%The Bank of England has chosen to maintain interest rates at 3.75 percent, a decision that aligns with prevailing predictions among economi...
UK Pound hits two-month low as dollar surges and BoE holds ratesThe British pound has fallen to its lowest point in two months. This happened as the US dollar strengthened due to expectations of interest...
ET Prime Special Series: Multibagger or IBC - Part 63: This engine parts maker is now chasing aerospace, defenceSome auto ancillary stories are best understood by products. This one is best understood by buckets. The first bucket is still old auto, an...
Gold recoups losses as oil prices fall on Iran dealGold prices saw a significant jump on Thursday, recovering from earlier declines. This surge followed a drop in oil prices. The United Stat...
Dollar jumps as Fed holds rates but projects one hike later this yearThe dollar strengthened as the Federal Reserve held interest rates steady but signaled a potential hike later this year, with policymakers ...
UK inflation unexpectedly sticks at 13-month low before BoE rate decisionUK inflation remained steady at 2.8% in May, surprising economists and the Bank of England. This data influenced currency markets, with Ste...
Global Market Today: Asian shares surge, oil skids on Gulf dealMarkets globally surged as a tentative US-Iran peace deal emerged, promising to ease inflation and reduce the need for interest rate hikes....
Air India, Tata Sons disburse nearly Rs 300 crore to AI171 victims' familiesAir India also said 94% of those injured on the ground have received either interim or final compensation, while discussions on final settl...
ECB hikes interest rate by 25 bps, first since 2023 to tame Iran war inflationThe European Central Bank raised its benchmark interest rate by a quarter point to 2.25 percent, marking its first hike since 2023. This mo...
Akasa Air launches 'SkyCadet' programme to train next generation of pilotsAkasa Air, India's fastest-growing airline, announced the launch of Akasa SkyCadet, a pilot training programme designed to develop future-r...
Why is US stock market down today? Dow Jones, S&P 500 and Nasdaq fall as inflation hits three-year high and Iran tensions shake Wall Street - Nvidia, Amazon and technology stocks leading today's declineUS stock market is under pressure again. Investors woke up to another sharp decline in the Dow Jones, S&P 500 and Nasdaq after fresh inflat...
Vijay Rupani's daughter urges Air India to drop compensation waiver requirementAir India is offering compensation to families of victims from last year's Ahmedabad plane crash. However, families must waive their right ...
Vijay Rupani's daughter accuses Air India of pressuring crash victims' families to waive legal rightsAir India, on its part, said families are under no deadline to accept its final compensation offer and are free to wait for the AAIB report...
Boeing weighs 737 ramp-up to approach Airbus production targets, Air Current reportsBoeing is considering a significant increase in its 737 jet production. The company is exploring plans to boost output to approximately 70 ...
Global airline chiefs to confront Iran war fuel shock at industry summitAirline leaders meet in Rio de Janeiro facing a major industry crisis. The Iran war is increasing jet fuel costs and disrupting flights. Th...
Global Market: BoE Governor Bailey stresses need to restore inflation credibility as price risks persistBank of England Governor Andrew Bailey emphasized maintaining public confidence in the 2% inflation target, rejecting calls to raise the go...
UK's FTSE 100 snaps four-week losing streak as rate hike fears easeUK's FTSE 100 index is poised to end a losing streak, buoyed by softer inflation and rising unemployment data that eases pressure for a Ban...