A fall in oil prices offered some relief to Wall Street on Friday, but was not enough to reverse the week’s broader losses. Investors continued to weigh the impact of the Middle East conflict, fresh US tariffs and uncertainty over the Federal Reserve’s next policy move.S&P 500 rose 40.73 points, or 0.55%, to 7,449.03, while…
Dalal Street ended lower for the fifth straight session on Friday as a mix of global and domestic headwinds kept investors on edge. Concerns over escalating tensions in the Middle East, crude oil prices soaring to $100 per barrel, FII selling and other cues weighed down market sentiment.BSE Sensex closed 331.62 points, or 0.43%, lower…
File photo: Union minister Ashwini Vaishnaw speaks during a cabinet briefing, in New Delhi The Union cabinet on Friday approved a Rs 1,264-crore railway project to add a third and fourth rail line on the Ballari-Guntakal section across Karnataka and Andhra Pradesh, aiming to ease congestion, improve freight movement and strengthen connectivity along a key…
The Bharat Audyogik Vikas Yojana Rasayan (BHAVYA Rasayan) scheme, announced in the Union Budget for 2026-27, was cleared by the Cabinet chaired by PM Modi The Union cabinet on Friday approved a new Rs 3,030-crore scheme to establish three dedicated chemical parks across the country, aiming to strengthen India’s chemicals sector through world-class infrastructure, attract…
A total of 60 economies were being probed by the Donald Trump administration under the Section 301 probe. (AP Photo) The Donald Trump administration has announced a fresh set of tariffs as its Section 122 duties expire on July 24. The new tariffs, imposed under the Section 301 probe, see India being levied a reduced…
US President Donald Trump on Thursday imposed fresh tariffs on imports from 60 economies over concerns related to forced labour practices, with India among 17 economies that will face a lower 10% tariff instead of the proposed 12.5% duty.The new tariffs, imposed under Section 301 of the Trade Act of 1974 took effect at 12.01…
The United States has imposed a 10% tariff on Indian goods under Section 301, but economists believe the immediate impact on India’s exports will be limited.While the move offers some relief compared with higher tariff proposals, they say that the real challenge lies in reducing the country’s dependence on a single export market by broadening…
Fidelity International-backed Eight Roads Investments, Flipkart and IMM India Fund are collectively selling up to 9% stake in Shadowfax MUMBAI: Fidelity International-backed Eight Roads Investments, Flipkart and IMM India Fund are collectively selling up to 9% stake in Shadowfax through block deals worth around $108 million (Rs 1,048 crore), the term sheet of the…
NEW DELHI: Competition in India’s premium smartphone segment is set to intensify later this year as Apple prepares to enter the foldable smartphone market, challenging Samsung’s long-standing dominance in a category that, while still niche, is expected to continue growing despite an overall slowdown in handset demand.Samsung, currently commands about 89% of India’s foldable market,…
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,…
