Wall Street opened higher led by a rebound in artificial intelligence (AI) stocks Wall Street opened higher on Monday, led by a rebound in artificial intelligence (AI) stocks as investors returned to the sector after recent volatility, while markets also assessed a planned mega share sale by South Korean chipmaker SK Hynix and an increase…
Increasing purchases from the US would not only diversify India’s LPG import basket and reduce dependence on Gulf suppliers. (AI image) US-Iran war impact: India is actively looking to diversify the sources of its Liquified Petroleum Gas (LPG) supply and the US has emerged as the biggest supplier in the months since the Middle East…
Trump rings Wall Street bells from Oval Office President Donald Trump on Monday rang the opening bells of the New York Stock Exchange and the Nasdaq from the Oval Office to mark the launch of Trump Accounts, a new investment programme for children created under Republicans’ 2025 tax and spending law.The symbolic ceremony came as…
Saudi Arabia made it biggest cut in its main Arab Light crude for Asian customers Saudi Arabia cut price of its main crude grade effective August for Asian customers amid weakening demand and easing tensions. It’s the largest reduction in over two decades.The sharp price cut comes as pressure grows on the world’s largest crude…
FlyaDeal kick-started operations in India (Representative image taken from X) Saudi Arabia‘s low-cost carrier flyadeal has entered the Indian aviation market, launching its first service between Hyderabad and Riyadh.The inaugural flight from Riyadh landed at Rajiv Gandhi International Airport in Hyderabad on July 4, marking the airline’s debut in India, airport operator GMR Hyderabad International…
Morgan Stanley has a bullish outlook on equities India’s recent market cool-off may be a temporary phase rather than a reset. According to Morgan Stanley, stronger economic growth could help the country regain lost valuation ground and reinforce the investment case for Indian equities. The brokerage added that the relative de-rating has been driven largely…
India’s state-owned oil refining giants stepped up crude purchases last week, securing millions of barrels through separate tenders. According to sources cited by Reuters, Indian Oil Corp (IOC) and Hindustan Petroleum Corp (HPCL) together bought around 7 million barrels of crude, with the cargoes scheduled for delivery over the coming months.IOC accounted for 5 million…
During the visit, Modi is also scheduled to attend the India-Australia CEOs Forum. (ANI photo) Nuclear power push: Prime Minister Narendra Modi’s visit to Australia this week may see a key uranium supply agreement being signed. It’s one of the key expected outcomes of PM Modi’s visit to Australia this week, as India seeks to…
Selecting an incorrect ITR form can result in the return being treated as defective. (AI image) ITR filing: Which is the correct tax return form for you? ITR-1 to ITR-7 eligibility explainedITR filing FY 2025-26: Filing your income tax return can seem to be a daunting task. This annual exercise should be completed with extreme…
Upside in bullion may remain limited as inflation continues to stay above the Federal Reserve’s 2% target. (AI image) Gold price prediction today: Gold prices are likely to see a limited upside because of high inflation in the US, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.Gold inched higher in…
