Latest Updates Around The World
The rupee rose 5 paise to 90.67 (provisional) against the US dollar on Wednesday, driven by foreign fund inflows and positive domestic equity markets. However, higher global crude prices and a strengthening dollar blocked sharp gains in the local unit, forex traders said. At the interbank forex market, the rupee opened at 90.60 against the […]
Shares of Easy Trip Planners have surged 60% in just three sessions, buoyed by the company’s plans to raise capital of up to Rs 500 crore as part of its ongoing strategy to scale up key growth areas and strengthen its financial strength. The online travel technology company, which operates the EaseMyTrip platform, received in-principle […]
In 2025, gold delivered one of its strongest performances since 1979. A “perfect storm” of geopolitical tensions, central bank buying and global policy shifts pushed the precious metal to historic highs.The rally continued into 2026, with prices rising above $5,000 per ounce, delivering another year of double-digit returns. In 2025, US markets posted double-digit gains […]
The artificial intelligence storm that roiled global markets has visibly shaken Indian IT stocks, but for seasoned fund managers, volatility often presents opportunities. Shreyash Devalkar, head of equities at Axis Mutual Fund, spoke to ET Now to share his unfiltered view on the AI-powered sell-off, and where investors should position themselves in this fast-changing landscape. […]
European Central Bank President Christine Lagarde plans to quit her job before next year’s French presidential elections so Emmanuel Macron can have a say in choosing her successor, the Financial Times reported on Wednesday. Lagarde’s term ends in October 2027, but some fear the far right could win the French presidential race in spring 2027, […]
Shares of cigarette makers ITC Ltd, Godfrey Phillips India Ltd and VST Industries Ltd rose up to 12% after media reports showed companies have hiked prices to pass on higher costs to consumers. The price increases are intended to offset the recent excise tax increase, reducing the expected EBIT decline to around 2%, compared to […]
Mary Daly, president of the San Francisco Federal Reserve, said the U.S. central bank still needs to ensure inflation remains sustainably lower. She noted that while advances in artificial intelligence can help alleviate price pressures by increasing productivity, maintaining a modestly restrictive policy stance remains important, according to Reuters.Speaking at an event at San Jose […]
Oil prices fell slightly on Wednesday as talks between the United States and Iran progressed, raising hopes for a de-escalation in bilateral tensions and reducing risks of supply disruptions for the Middle Eastern oil producer. Brent futures fell 3 cents or 0.04% to $67.39 a barrel at 0139 GMT, while US West Texas Intermediate (WTI) […]
PacifiCorp, a utility owned by Berkshire Hathaway, is selling assets and infrastructure for wind energy generation and distribution, natural gas in central and southern Washington state to Portland General Electric for $1.9 billion, citing liquidity concerns in the fight against wildfires in Oregon. The transaction announced Tuesday includes the Chehalis natural gas power plant, the […]
Danish brewing giant Carlsberg is considering listing its Indian operations as it seeks to unlock shareholder value in the country where it is experiencing strong growth, group CEO Jacob Aarup-Andersen said.To put an end to the speculation, Andersen revealed the company’s stock market listing plans during the investor call; However, he added that no final […]
