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(RTTNews) - Indian shares are likely to open on an upbeat note on Wednesday after the U.S. and Iran agreed to a two-week ceasefire, contingent on reopening the Strait of Hormuz, sending oil prices crashing. The ceasefire calls for Israel and Hezbollah to halt fighting in Lebanon, while U.S. President Donald Trump said he was holding off on his threatened attacks on Iranian bridges and power plants. The two-week ceasefire plan includes allowing both Iran and Oman to charge fees on ships transit ...Read More >
New Delhi: The Reserve Bank of India has accelerated the repatriation of its gold reserves, bringing back over 274 tonnes since March 2023, NDTV reported. Around two-thirds of India's 880.8 tonnes of gold is now held domestically, driven by geopolitical risks and the need for greater liquidity and control, the report said. In parallel, France's central bank, Banque de France, has completed the repatriation of its gold reserves from the Federal Reserve Bank of New York within a year, bringing b ...Read More >
(RTTNews) - Indian shares are seen opening lower on Tuesday, tracking weak cues from global markets in the run-up to the release of key U.S. economic data that could offer clarity on the economic and rate outlook. Meanwhile, media reports suggest that India and Mexico are negotiating a limited preferential trade agreement to address the impact of Mexico's proposed 50 percent tariffs on Indian exports. Mexico is India's third-largest car export destination after South Africa and Saudi Arabia. ...Read More >
(Reuters) -U.S. stock index futures rose on Monday, building on gains from last week as a flurry of AI-related dealmaking and softer labor market trends bolstered expectations for an interest-rate cut. The resilience in equities came despite the federal government shutdown showing little signs of resolution, underscoring the persistent appetite for tech stocks and an increased focus on the upcoming earnings season for cues on the trajectory of the economy. "The current AI infrastructure buildo ...Read More >
Dantewada (Chhattisgarh) [India] July 15 (ANI): The tribal-dominated Dantewada district is all set to make its footprint visible in the high-octane sport of Thai Kick Boxing, as young athletes here have clinched medals in international as well as national events. With the support of the Chhattisgarh Government, the youth of Dantewada are sharpening their skills and preparing for Thai Kick Boxing events to be held in the country and overseas. As Dantewada moves on the path to becoming a hub for ...Read More >
New Delhi [India], July 15 (ANI): The possibility of a US Federal Reserve rate cut in September remains open, but it will largely depend on how the labor market and inflation evolve, noted a recent report by Union Bank of India research. While the market anticipates some monetary easing later this year, the report mentioned that Fed has adopted a cautious and data-dependent stance in the face of growing uncertainty around tariffs and fiscal policy. Also Read | YouTube Standalone Premium Subscr ...Read More >
Kannur (Kerala) | Kerala General Education Minister V Sivankutty on Tuesday said that the government would not allow the "blending of religion with education" and reiterated that there would be no change in the revised school timings. Under the revised timetable, high school students (classes 8 to 10) will spend an extra 15 minutes in the morning and another 15 minutes in the afternoon on each working day except Fridays to help schools reach the required 1,100 instructional hours per year. How ...Read More >
New Delhi [India], July 15 (ANI): The possibility of a US Federal Reserve rate cut in September remains open, but it will largely depend on how the labor market and inflation evolve, noted a recent report by Union Bank of India research. While the market anticipates some monetary easing later this year, the report mentioned that Fed has adopted a cautious and data-dependent stance in the face of growing uncertainty around tariffs and fiscal policy. It stated While a rate cut in September remai ...Read More >
[BENGALURU] Gold edged higher on Wednesday (Jul 9) as US President Donald Trump's latest tariff threats dampened hopes for trade talks, but a stronger US dollar and higher Treasury yields capped gains. Spot gold rose 0.2 per cent to US$3,305.50 per ounce as at 0106 GMT. US gold futures fell 0.1 per cent to US$3,314.50. On Tuesday, Trump said he would impose a 50 per cent tariff on imported copper and introduce long-threatened levies on semiconductors and pharmaceuticals. The president sent ta ...Read More >
[BENGALURU] Gold prices steadied on Tuesday (Jul 8) as US President Donald Trump announced sharply higher tariffs on goods from Japan, South Korea and other nations, while higher US treasury yields capped gains. Spot gold fell 0.1 per cent to US$3,331.89 per ounce as at 0035 GMT. US gold futures were steady at US$3,341.80. On Monday, Trump began telling trade partners, including Japan and South Korea, that sharply higher US tariffs would start on Aug 1, marking a new phase in the trade war he ...Read More >
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