Representative image (AI-generated) Asian stock markets remained mostly high on Friday after the White House confirmed that US President Donald Trump will meet Chinese leader Xi Jinping next week.The announcement eased some uncertainty over trade tensions between the world’s two largest economies, although the likelihood of a major trade deal remains unclear.Chinese markets also gained…
India has shown openness to procure US energy and diversify its crude basket, but has been firm on its right to decide the source of crude oil purchases. At a time when India is engaged with the US and European Union for trade talks, Commerce Minister Piyush Goyal has made it clear that no trade…
Representative image (AI-generated) Domestic steel prices have fallen to a five-year low, trading between Rs 47,000 and Rs 48,000 per tonne, based on BigMint market data.Several factors have influenced these prices. Rising imports, weak export demand and oversupply in the global market all contribute to the decline.Hot rolled coil (HRC) is priced at about Rs…
Analysts are of the view that the latest round of Trump sanctions may hit earnings of these two oil refineries. (AI image) US President Donald Trump’s move to impose sanctions on two of Russia’s largest oil suppliers – Rosneft and Lukoil – spells bad news for India’s private sector refineries Reliance Industries (RIL) and Russia-backed…
Elon Musk-owned Starlink is preparing to establish 9 gateway earth stations across India as it gears up to launch its satellite communication (satcom) services in the country.The proposed stations will be located in Mumbai, Noida, Chandigarh, Hyderabad, Kolkata and Lucknow.“The company has applied for 600 gigabit per second capacity over India through its Gen 1…
Increased foreign investment in Indian stocks and higher-than-expected corporate earnings are also driving sentiment, though experts expect pockets of profit booking. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Friday. While Nifty50 was above 25,850, BSE Sensex was near 84,500. At 9:17 AM, Nifty50…
The Donald Trump-led administration is preparing to defend its new H-1B visa policy in court after multiple lawsuits were filed against the $100,000 fee imposed on new visa applicants.White House Press Secretary Karoline Leavitt on Thursday (local time) said the administration would fight the legal challenges, arguing that the H-1B system has been misused for…
The White House press secretary Karoline Leavitt on Thursday (local time) claimed that India had scaled back Russian oil imports at US President Donald Trump‘s “request” and China was doing the same.“If you read the sanctions and look at them, they’re pretty hefty. I saw some international news out of China this morning that they’re…
MUMBAI: SBI received two awards from Global Finance, New York – World’s Best Consumer Bank 2025 and Best Bank in India 2025 – at the Global Finance awards held during the World Bank and IMF annual meets. The recognition, according to the bank, reflects its progress in digitalisation and financial inclusion. Source link
NEW DELHI: Sebi on Thursday proposed to ease the geo-tagging requirement for non-resident Indian clients during their re-KYC or KYC process through digital onboarding or video client identification (V-CIP). In a draft circular, the regulator has sought public comments on its proposal to relax the condition that requires NRI clients to be physically present in…