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ATMs hungry, but not for more cashMany Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...
US refunds $22 billion in first repayments of Trump's tariffs in MayUS authorities have begun refunding billions in customs duties. This follows a Supreme Court decision invalidating President Donald Trump's...
CPI Inflation data report today impact on bonds: Check latest 2-year U. S treasury yield, 10-year U. S treasury notesU.S. consumer inflation increased at its fastest pace in three years in May as the Middle East conflict raised the price of gasoline and ot...
Indian 10-year bond yield down 0.10 pc on tax relief-driven FPI buyingIn a notable shift, Indian government bond yields have plummeted, primarily fueled by a wave of foreign investment flooding the market. Rec...
India-crewed tanker hit near Iran, MEA says communication between ship & US Navy preceded strikeThe US military fired on a tanker carrying 24 Indian crew members. This happened as the US enforces a blockade of Iranian ports. India's Mi...
India's May fuel consumption up 2.4%; LPG demand drops 20% amid Hormuz disruptionsIndia's fuel consumption rose to 19.93 million metric tons in May, a slight increase from April but a 6.5% drop year-on-year. Liquefied pet...
Gold falls about 3% as robust US jobs data cements bets on higher ratesGold prices experienced a significant drop of approximately 3% on Friday, influenced by a stronger-than-expected U.S. jobs report. This dat...
Franklin Resources' Wamco to pay $100 million SEC fine over former star manager's tradesWestern Asset Management, a unit of Franklin Resources, will pay $100 million to settle SEC charges tied to a $600 million cherry-picking s...
Gold price today crashes over 1 per cent, check latest Gold rateGold rate today: U.S. Treasury yields jumped after the release of the jobs data, increasing the opportunity cost of holding non-yielding bu...
Global Market Today: Asian stocks slip as AI rally stalls, oil steadiesAsian stocks declined as AI shares pulled back and Middle East tensions weighed on investor sentiment. South Korean shares saw a significan...
US banks rely on a 65-year-old programming language; companies are paying a premium for developers who know itA 1959 programming language, COBOL, is powering global finance and government systems. As experienced programmers retire, companies face a ...
US Stock Market: Treasury yields rise after strong US data, geopolitical risks fuel inflation fearsUS Treasury yields closed higher on Monday as stronger-than-expected manufacturing and construction data reinforced economic resilience, wh...
US Stock Market: US growth revised lower; inflation remains elevatedThe US first-quarter GDP growth was revised down to 1.6%, indicating a slowdown driven by weaker consumer spending and inventory investment...
Merchant ships desert Strait of Hormuz amid renewed US strikesCommercial shipping traffic through the Strait of Hormuz nearly came to a halt on Thursday as fears of renewed military escalation between ...
US says $20.6 billion of tariff refunds on the way to importersUS Customs and Border Protection is sending $20.6 billion to importers. This follows a correction to a previous report that overstated refu...
Trump calls off AI executive order over concern it could weaken US tech edgePresident Trump halted an AI executive order. He feared it would slow America's technological progress. The order aimed to review AI's nati...
US Stock Market: Foreign holdings of US Treasuries fall in March as Japan, China cut exposureForeign holdings of U.S. Treasuries dipped in March to $9.348 trillion, down from a record high, as major investors like Japan and China re...