Russian Foreign Minister Sergey Lavrov on Tuesday defended India’s decision to continue buying Russian oil, accusing the United States of trying to eliminate competition using the Ukraine conflict as a pretext. “Our Indian counterparts have already reacted to [this pressure] to stop buying oil from Russia. They proceed from the assumption [that] if the United…
US equities edged cautiously on Tuesday as Wall Street approached the end of another strong month, with investors balancing optimism over corporate earnings against economic uncertainty and the potential for a government shutdown.The S&P 500 slipped 0.2% in early trading, while the Dow Jones Industrial Average fell 27 points, or 0.1%. The Nasdaq composite was…
The Centre’s fiscal deficit stood at 38.1 per cent of the full-year Budget Estimates (BE) at the end of August, according to data released by the Controller General of Accounts (CGA) on Tuesday.In absolute terms, the fiscal gap between government expenditure and revenue was Rs 5,98,153 crore for the April-August period of 2025-26, PTI reported….
Gold rate today: Gold prices on Tuesday climbed Rs 500 to touch a record Rs 1.20 lakh per 10 grams in the national capital as a weaker dollar and expectations of further rate cuts by the US Federal Reserve supported bullion demand.According to the All India Sarafa Association, the yellow metal had surged Rs 1,500…
US President Donald Trump continued his series of tariffs on Monday (local time), with the latest move impacting lumber and home renovation products from October 14.The White House said a 10% global tariff will be applied to softwood lumber imports. At the same time, upholstered furniture will face a 25% global tariff, rising to 30%…
The United States maintains a unique system where gold is held directly by the government rather than the central bank. (AI image) Gold prices have been reaching new lifetime highs and the value of gold reserves with countries is surging as well! The US Treasury’s gold reserves have crossed $1 trillion in value, marking a…
Tata Capital, the largest IPO of this year, announced the price band for its long awaited initial public offering, at Rs 310-326 per share for the Rs 15,512-crore issue.The pricing comes as a surprise, as it is less than half the stock’s last traded level in the unlisted market where it was trading at Rs…
The government is considering whether to extend the September 30 deadline to switch to the UPS as barely 1 lakh out of 23 lakh government employees have opted.Several employees’ associations have written to the cabinet secretary, seeking a two-month extension to allow more staff to switch from the National Pension Scheme (NPS) to the UPS…
Aviation giant Boeing is reportedly in the early stages of designing a new single aisle jet that would eventually replace its 737 MAX.According to a report by the Wall Street Journal, sources familiar with the matter said that the company has been exploring engine options for the aircraft. Earlier this year, CEO Kelly Ortberg met…
Asian shares were mostly flat on Tuesday as investors stayed cautious ahead of a possible US government shutdown.HSI slipped 0.11% or 29 points reaching 26,593. South Korea’s Kospi also shed 0.06% or 1 point, trading at 3,429 at 10:45 AM IST.Meanwhile, Japan’s Nikkei gained 0.01% or 5 points to 45,049. Shanghai and Shenzhen also traded…