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By Pranav Kashyap and Twesha Dikshit (Reuters) -U.S. stock index futures were trading at record highs on Monday as expectations of a trade deal between China and the United States aided risk appetite in a busy week of Big Tech earnings and a widely expected rate reduction from the Federal Reserve. At 06:22 a.m. ET, Dow E-minis rose 258 points, or 0.54%, Nasdaq 100 E-minis were up 332.5 points, or 1.3%, and S&P 500 E-minis gained 59.75 points, or 0.88%. Negotiators from the world's top two eco ...Read More >
CHENNAI: Gold grew costlier by Rs 240 on Wednesday (October 1), hitting an all-time high of Rs 87,120 per sovereign and Rs 10,890 per gram. In September, the gold sovereign price grew by over Rs 9,000. On September 30 (Tuesday), the price of the yellow metal had increased by Rs 720, selling for Rs 86,800 a sovereign (Rs 10,860/gram). While the gold price has been inching forward for most of the year, what triggered the recent rally is the trade war that US President Donald Trump unleashed on t ...Read More >
CHENNAI: The price of gold in the city rose by Rs 720 per sovereign on September 27 (Saturday), with a gram priced at Rs 10,640. A sovereign now stands at Rs 85,120, crossing the Rs 85,000 mark for the second time this week. On September 26 (Friday), gold price had increased by Rs 320, selling for Rs 84,400, a day after it had decreased by Rs 720. While the gold price has been inching forward for most of the year, what triggered the recent rally is the trade war that US President Donald Trump ...Read More >
CHENNAI: After touching an all-time high of Rs 85,120, gold prices dipped for two consecutive days before rising again on September 26 (Friday). In Chennai, prices have gone up by Rs 320 on Friday, with a sovereign now costing Rs 84,400 and a gram priced at Rs 10,550. On September 25 (Thursday), gold price had decreased by Rs 720, selling for Rs 84,080, a day after it had decreased by Rs 320. While the gold price has been inching forward for most of the year, what triggered the recent rally is ...Read More >
New Delhi: When US President Donald Trump admitted on Fox & Friends that his 50% tariff on Indian purchases of Russian oil "caused a rift," he wasn't exaggerating. The move has unsettled Washington's closest strategic partnership in Asia, rattled global energy markets, and drawn sharp reactions from Moscow to Brussels. For Trump, it was a "big deal", a demonstration that he was willing to take bold measures to cripple Russia's energy trade. For India, it was a reminder that even "incredible fri ...Read More >
Dimapur, Jul 18 (PTI) Two persons have died of Japanese Encephalitis (JE) in Nagaland, a health department official said on Friday. Chief Medical Officer, Dimapur, Dr Yartenla Jamir, said that of the seven JE cases detected in Dimapur, Chumoukedima, and Niuland districts, two persons have died so far. She expressed concern over the rise in Japanese encephalitis (JE) cases in the three districts, especially during the monsoon season, which increases the risk of transmission. The Health departm ...Read More >
NEW DELHI/LONDON, July 18 (Reuters) - India and Britain are expected to seal a long-awaited free trade deal next week, two Indian government sources said, granting Indian textiles and electric vehicles some duty-free access to the UK market and easing British exports of whisky, cars and food. In May, both countries announced the conclusion of trade negotiations after three years of stop-start negotiations, aiming to increase bilateral trade, remove trade barriers and allow duty-free entry of go ...Read More >
NEW DELHI/LONDON, July 18 (Reuters) - India and Britain are expected to seal a long-awaited free trade deal next week, two Indian government sources said, granting Indian textiles and electric vehicles some duty-free access to the UK market and easing British exports of whisky, cars and food. In May, both countries announced the conclusion of trade negotiations after three years of stop-start negotiations, aiming to increase bilateral trade, remove trade barriers and allow duty-free entry of go ...Read More >
CHENNAI: Indian equity indices closed sharply lower on Friday (July 11), marked by a sharp sell-off in the IT sector, renewed trade fears, and cautious investor sentiment. The BSE Sensex fell 689.81 points (-0.83%), closing at 82,500.47, while Nifty 50 declined 205.40 points (-0.81%), ending at 25,149.85. The key drivers behind the decline included IT sector sell-off, US trade tensions, and other global cues and foreign outflows. Tata Consultancy Services (TCS) reported weaker-than-expected Q ...Read More >
New Delhi: In order to sort out issues involved in the 'disagreements' between India and the United States over duties for auto components, steel, pharma and farm goods among others, the Indian team is expected to further visit Washington soon for trade talks. A delegation of senior officials has been assigned for this crucial visit. Though the visit dates have not yet been finalised, the team is likely to join the US team in a week or two, an official source said on Thursday. India is among th ...Read More >
New Delhi: In order to sort out issues involved in the 'disagreements' between India and the United States over duties for auto components, steel, pharma and farm goods, among others, the Indian team is expected to further visit Washington soon for trade talks. A delegation of senior officials has been assigned for this crucial visit. Though the visit dates have not yet been finalised, the team is likely to join the US team in a week or two, an official source said on Thursday. India is among t ...Read More >
NEW DELHI, July 10 (Reuters) - A delegation from India is expected to visit the United States soon for trade talks, a government official told reporters, as the two countries look to iron out disagreements over duties for auto components, steel, and farm goods. India is among the few countries that are still negotiating a trade deal with Washington, as President Donald Trump ramps up his trade war with the threat of sharply higher tariffs from August 1. A team of Indian officials on an extende ...Read More >
WASHINGTON, United States - The United States, Japan, India and Australia pledged Tuesday to work together to ensure a stable supply of critical minerals, as worries grow over China's dominance in resources vital to new technologies. US Secretary of State Marco Rubio welcomed his counterparts from the so-called "Quad" to Washington in a shift of focus to Asia, after spending much of his first six months on the wars in Ukraine and the Middle East and on President Donald Trump's domestic prioriti ...Read More >
July 1 (Reuters) - Indian firms could raise some $2.4 billion through IPOs in July, investment bankers said, raising hopes of a sustained revival in primary offerings after demand was dented by the U.S. trade war and global geopolitical tensions earlier this year. That amount would mark the strongest month since December and would follow a robust $2 billion raised in June, though most of that was raised by one company, HDB Financial Services. Education loan provider Credila Financial Services, ...Read More >
NEW DELHI, June 3 (Reuters) - Prime Minister Narendra Modi's high-profile attendance at a global airlines conference this week underscores how much India is banking on a boom in aviation to support wider development goals, but headwinds to its ambitions are gathering force. Undeterred by the uncertainty gripping the aviation sector globally due to trade tensions and shaky consumer confidence, India's biggest airlines are ploughing ahead with orders for new planes, following record deals two yea ...Read More >
New Delhi: The survey, conducted in the first quarter of 2025, revealed that when asked about the greatest threats to their financial objectives over the next 12 months, more than two-thirds (70 per cent) highlighted a trade war. However, family offices expressed these concerns before the Trump administration's announcement of new US tariffs. Looking ahead over the next five years, family offices are also worried about the risks that may follow serious trade disputes. Almost two-thirds (61 per ...Read More >
Srinagar: Security forces have detained over 500 individuals after the recent attack in South Kashmir's Kulgam district in which an ex-Army man was killed, say sources in the security forces. Ex-Army man Manzoor Ahmad Wagay was shot dead while two of his family members were injured in a targeted terror attack on Monday. In a major crackdown, security forces have detained over 500 people, including the Over Ground Workers (OGWs), suspects, terror associates, and individuals with past involvement ...Read More >
Indian Finance Secretary Tuhin Kanta Pandey says: "Our stance is that we don't want to increase protection." India does not want to give any signal that it is protectionist, the top bureaucrat in the finance ministry said, after slashing import duties on high-end motorcycles, amid US President Donald Trump's moves on tariffs. Sunday's remarks came a day after Trump ignited a trade war with sweeping tariffs on Canada, Mexico and China. None were aimed at India, although Trump had called it a ta ...Read More >
New Delhi, Dec 15 (PTI) Mexico, Canada, and 10-nation Southeast Asian bloc ASEAN benefited more from the US-China trade war than India, economic think tank GTRI said in a report. It said that India has to strengthen its local supply chains and produce critical intermediates to reduce reliance on China, while improving cost efficiency and ease of doing business to enhance competitiveness of domestic industries and increase exports to the US. With Donald Trump again becoming the US President, th ...Read More >
Given the Thanksgiving holiday in the US, gold (XAU/USD) moved within a narrow range yesterday. XAU/USD rose only by 0.06%. Geopolitical risks and fears of a trade war continue to support the price of gold as a safe haven asset. Russian President Vladimir Putin said that Russia might use its new hypersonic missile to attack decision-making centres in Ukraine in response to the launch of Western missiles on its territory. Also, US President-elect Donald Trump promised earlier this week that tari ...Read More >
Mumbai: Indian stock markets gains after it opened flat on Friday, a sharp correction of more than 1 per cent was witnessed on Thursday. The Nifty index regained 24000 while Sensex also gained more than 300 points after the Nifty 50 index opened flat at 23,927.15 with a gain of 13 points or 0.05 per cent, while the BSE Sensex declined marginally by 10 points or 0.01 per cent to open flat at 79,032.99. Experts noted that geopolitical tensions and uncertainty over the Fed rate cut are continuous ...Read More >
China and Hong Kong stock markets are facing a downturn as investors express concerns about a potential escalation in the U.S.-China trade war, particularly over proposed tariffs and restrictions on chip sales. This has negatively impacted sectors including automotive, with BYD leading declines. China and Hong Kong stocks continued their downward trajectory on Thursday, following a brief recovery in the previous session. Investor sentiment remains subdued amidst fears of an escalation in the ...Read More >
The three are Mark Swidan, Kai Li and John Leung, all of whom had been designated by the U.S. government as wrongfully detained by China. Swidan had been facing a death sentence on drug charges while Li and Leung were imprisoned on espionage charges. "Soon they will return and be reunited with their families for the first time in many years," the White House said in a statement. The release comes just two months after China freed David Lin, a Christian pastor from California who had spent near ...Read More >
Beijing: China has expressed its willingness to engage in dialogue with the United States following recent threats by former President Donald Trump to impose new tariffs on Chinese goods. The statement comes amid growing tensions between the two economic giants over trade practices, technology policies, and geopolitical issues. Chinese Foreign Ministry spokesperson, Wang Wenbin, said that China was open to "constructive dialogue" with the U.S., emphasizing the importance of cooperation to ensur ...Read More >
Oil and gas prices are set to fall amid an onslaught of steep tariffs under Donald Trump, according to Bank of America strategist Francisco Blanch. Blanch says the president-elect's proposed tariffs will likely curb global trade, driving down oil and gas prices in the process. "America first means commodities second, and I think we kind of start from that point," he said in a Monday interview with Bloomberg Television. Trump has floated proposals of sweeping tariffs of 10% to 20% on all count ...Read More >
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