[ad_1] Nvidia shares climbed over 3 per cent to $135.16 in early trading on Tuesday as investors brace for the company’s earnings report due Wednesday, focusing on the financial impact of recent US export restrictions on its China business.Nvidia shares were trading 3.10 per cent higher at $135.36 as of 11:07 am ET.The Biden administration’s…
[ad_1] India’s Index of Industrial Production (IIP) is projected to have slowed down to 1.2 per cent year-on-year in April 2025, down from 3 per cent in March, according to a report by Union Bank of India (UBI). The deceleration is largely attributed to weakened activity in the mining and manufacturing sectors. The report highlights…
[ad_1] NEW DELHI: State-run telecom giant BSNL on Tuesday reported a net profit of Rs 280 crore for the quarter ended March 31, 2025, marking its second consecutive profitable quarter after nearly two decades. The turnaround comes a year after the company posted a loss of Rs 849 crore in the same quarter.“For the first…
[ad_1] The Global Trade Research Initiative (GTRI) has welcomed the reinstatement of the Remission of Duties and Taxes on Exported Products (RoDTEP) scheme but stressed on the need for a stable, five-year implementation period to bolster India’s export competitiveness.“To position India as a stable and competitive export hub, the government must ensure uninterrupted RoDTEP coverage…
[ad_1] World shares were mixed Tuesday, but London’s FTSE 100 and Hong Kong’s Hang Seng Index led regional gains as investors brushed off lingering concerns over global trade tensions. US stock futures also surged ahead of Wall Street’s reopening after the Memorial Day holiday.The FTSE 100 advanced 0.8 per cent to 8,786.34 in early trading…
[ad_1] The latest SBI Research report indicates that swift rate cut transmission results in immediate downward pressure on deposit rates. (AI image) Sub-7 day fixed deposits soon? The Reserve Bank of India (RBI) has requested feedback from banks regarding the possibility of offering term deposits with durations shorter than seven days. Banks are required to…
[ad_1] The facility will manufacture Airbus’ popular H125 civil helicopter for Indian and regional markets. (Image of H125 courtesy Airbus) Airbus, the European aviation giant, and Tata Advanced Systems (TASL), the aerospace division of the Tata group, are looking to establish a Final Assembly Line (FAL) for H125 helicopters in Kolar, Karnataka.The facility will manufacture…
[ad_1] Gold prices are up Rs 5,160 from their recent low of Rs 90,890/10 grams recorded on May 15. (AI image) Gold rate today: Gold June futures at MCX initiated trading with a modest increase of Rs 113 or 0.12% at Rs 96,050/10 g, following a decline in the previous session. Gold prices are up…
[ad_1] Gold may fall further on easing trade tensions following President Trump delaying the European tariff to July 9. (AI image) Gold price prediction today: Gold rates have been fluctuating in the last few weeks and no clear upside or downside is obvious. Global events, such as Donald Trump’s tariff moves and geopolitical conflicts are…
[ad_1] Market analysts anticipate continued upward momentum in Indian markets. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Tuesday. While Nifty50 went below 25,000, BSE Sensex was trading below 81,800. At 9:16 AM, Nifty50 was at 24,889.55, down 112 points or 0.45%. BSE Sensex was…