US President Donald Trump on Monday criticised the US Supreme Court’s decision to invalidate his global tariffs, warning that the ruling could cost the United States trillions of dollars. He said that the verdict will benefit foreign countries and companies that have been “ripping off the United States of America” for decades.” Commenting on his…
Stock market today (AI image) Stock market today: After a week of selloff, Nifty50 and BSE Sensex opened flat in trade on Monday. While Nifty50 was below 23,150, BSE Sensex was down around 100 points. At 9:17 AM, Nifty50 was trading at 23,127.30, down 24 points or 0.10%. BSE Sensex was at 74,472.58, down 91…
NEW DELHI: The ongoing conflict in West Asia is pushing up costs for India’s apparel exporters, adding between Rs 12 and Rs 55 for every single garment exported due to longer shipping routes and war-related surcharges, according to estimates by the Apparel Export Promotion Council (AEPC).“A potential decline of apparel export orders to West Asia…
MUMBAI: Tata Trusts has appointed Tata veteran Farokh Subedar, 71, as a consultant, according to people in the know. Subedar, who was with the Tata Group until last year, had shared the board at Tata Investment Corporation with Noel Tata, chair of Tata Trusts.The foundations are also considering former Tata Steel VP (corporate services) Chanakya…
MUMBAI: India’s choc-a-block equity-raise calendar is shifting gears, with many companies pushing back fundraises amid West Asia-driven market volatility. Deals remain on hold, not off. “The immediate impact is that investors are less willing to add risk through new deals in the near term. This isn’t so much a pricing issue but a case of…
The International Energy Agency (IEA) said on Sunday that strategic oil reserves will be released “immediately” in Asia and Oceania, while supplies from member countries in the Americas and Europe will begin flowing from the end of March, as governments move to cushion the oil shock caused by the ongoing West Asia war.As per news…
BENGALURU: Edtech firm Upgrad has signed a term sheet to acquire rival Unacademy in an all-stock transaction, founders of the two companies said in separate posts on X on Saturday, marking a significant consolidation move in India’s education technology sector.“We at Upgrad have signed a term sheet to acquire Unacademy in an all-stock deal,” Upgrad…
Gold and silver prices are likely to remain volatile and could see further corrective moves in the coming week, with investors closely watching developments in the Middle East conflict and a packed calendar of major central bank policy meetings, analysts said.Market participants are expected to remain focused on the evolving geopolitical situation, as any sign…
The International Energy Agency’s decision to release 400 million barrels of emergency oil stocks, the largest reserves drawdown in its history, is likely to provide only limited relief if the Strait of Hormuz remains closed, according to an analysis by S&P Global Energy, as global markets continue to reel from the supply shock triggered by…
Aviation safety regulator DGCA has granted temporary relaxations in flight duty norms for Air India’s long-haul flights as the carrier takes longer routes because of airspace restrictions in the Middle East amid the ongoing Iran conflict, sources cited by news agency PTI said on Sunday.With Iranian and Iraqi airspace restrictions in place, Air India is…
