Asian markets inched higher on Monday after the US Supreme Court invalidated a major part of President Donald Trump’s tariff framework, a policy that had shaken the global economy since last year. Hong Kong’s HSI climbed more than 2% or 579 points reaching 26,992 with ecommerce heavyweights Alibaba and JD.com each jumping over three percent….
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex opened in green on Monday on positive global cues following US Supreme Court’s decision to strike down Trump’s tariffs. While Nifty50 was above 25,700, BSE Sensex added over 600 points, rising above 83,300. At 9:21 am, Nifty50 was trading at 25,720.40, up 149…
Morgan Stanley has an overweight rating on Reliance Industries (RIL) with the target price at Rs 1,803. Analysts said RIL has pivoted every decade in its nearly 48 years of listed history. Its vision to invest $110 billion in AI, related energy supply and the digital ecosystem over seven years is the next major shift…
Major US airlines have expressed concern over travel disruptions after the Department of Homeland Security (DHS) decided to temporarily suspend its PreCheck and Global Entry programmes amid an ongoing government shutdown.The suspension will take effect from 6 a.m. ET (1100 GMT) on Sunday, days after a partial shutdown began following the failure of Republicans and…
Rising geopolitical tensions in the Middle East and renewed global trade uncertainty following US President Donald Trump’s tariff decisions are expected to keep gold and silver prices on an upward trajectory next week, analysts said.Investors have increasingly moved towards safe-haven assets amid volatility triggered by fresh tariff measures and escalating global risks, with market participants…
MUMBAI: IDFC First Bank has reported a Rs 590-crore discrepancy in deposits held on behalf of Haryana govt at its Chandigarh branch, and suspended four employees pending investigation.The bank’s filing comes after the state directed its departments to close accounts with private lenders on Feb 18. The matter was escalated to the bank’s board at…
After the setback on tariffs in the US Supreme Court, US president Donald Trump indicated that he would order section 301 investigations against trading partners. USTR Jamieson Greer followed it up, saying that the probe will cover major trading partners and may range from industrial policies of countries to drug pricing and ocean pollution.What is…
MUMBAI: Markets are expected to remain volatile during the week as clarity among Dalal Street investors about the US tariffs on goods exported to the world’s largest economy continues to remain elusive. While most market players feel that the rate of tariff on Indian goods will not be much different from what it was earlier,…
NEW DELHI: A leading exporter left work on Friday with additional US tariffs on most goods from India at 25%. He was hoping it will fall to 18% this week. Late evening, the US Supreme Court declared the imposition of reciprocal tariffs illegal and by Saturday a new levy of 10% kicked in, which moved…
“I can do anything I want,” declared Donald Trump, quickly venting his anger at the US Supreme Court’s landmark ruling on February 20 rebuking his use of emergency powers to impose sweeping import duties, one of the most consequential defeats of his second term.The ruling invalidated his use of emergency powers to impose the largest…