With less than a month before US President Donald Trump‘s proposed 50% tariffs are due to take effect, Canadian Prime Minister Mark Carney has said Ottawa will not retaliate in advance, instead, will continue negotiations. Carney said that the country does not need to respond “in advance” and any such measure would be “counterproductive”. With…
Rupee staged a recovery in early trade on Friday, rising 22 paise against the US dollar after opening on a weak note, with likely intervention by the Reserve Bank of India helping the domestic currency steady despite crude oil prices breaching the $100-a-barrel mark.The currency, which had ended 20 paise weaker at 96.73 on Thursday,…
Sensex sinks 800 points, slips below 75,600 as market selloff deepens The BSE Sensex tumbled 800.34 points (1.05%) to 75,591.05 at 9:50 am, as rising crude oil prices, escalating Middle East tensions and weak earnings from heavyweight companies weighed heavily on investor sentiment. Source link
Gold, silver price today: International gold tumbles over 2% after hitting two-week high Global gold prices witnessed a sharp correction after climbing to a two-week high in the previous session. Spot gold dropped more than 2% to around $4,043 per ounce during US trading, after earlier touching its highest level since July 7. Silver also…
Just weeks after crude prices had fallen on hopes that the Middle East was easing, oil has staged a sharp comeback. Fresh attacks on Saudi oil tankers in the Red Sea and a disruption to Kazakhstan’s exports have revived fears over global supplies, sending prices beyond the $100-a-barrel mark.On Friday, Brent crude futures fell 63…
Flipkart to start food deliveries from next month NEW DELHI: The food delivery space is set to get hotter with Flipkart planning a foray over the next 30 days.“Food delivery is another customer use case within our broader e-commerce platform. We will begin with a pilot, learn from it, and decide how to scale across…
India to face 10% US tarrifs The Trump administration on Thursday imposed new tariffs of 10 per cent and 12.5 per cent on imports from 60 economies, including India, saying the move aims to push trading partners to strengthen enforcement against goods produced using forced labour. India now qualifies for the lower 10% rate after…
For decades, the Strait of Hormuz has been the world’s most critical oil gateway, with millions of barrels of crude passing through it every day. But repeated disruptions to oil supplies across the globe have exposed just how vulnerable that dependence is, prompting Gulf nations to resort to an ambitious network of pipelines designed to…
Consumers buying premium petrol from state-run fuel retailers will continue to get ethanol free fuel. The Centre on Thursday clarified that these specialised grades will remain exempt from the Ethanol Blended Petrol (EBP) programme. It further added that, currently, there is no proposal either to bring back E0 or E10 petrol or to raise ethanol…
India’s largest airline IndiGo has proposed a series of commitments (representative image) India’s largest airline IndiGo has proposed a series of commitments, including setting up a crisis management group, creating a dedicated passenger grievance mechanism and temporarily handing over airport slots during major disruptions, in a bid to address anti-competitive concerns raised by the Competition…
