US President Donald Trump is expected to announce a “major” trade deal with a “big, and highly respected country” today in what he described as the “first of many” agreements to come.Though the country has not been officially revealed, many US media houses like New York Times and Politico are speculating the deal to be…
The Bank of England is expected to lower its key interest rate by a quarter percentage point on Thursday, bringing it down to 4.25%, amid fears of US President Donald Trump’s planned tariffs hitting global economic growth, including Britain’s.The decision is due at 11:02 GMT, two minutes later than usual to honour a moment of…
Shares of Chinese defence manufacturing companies rallied on Wednesday, as the escalation in tensions between India and Pakistan boosted the outlook for exporters. Pakistan, which has imported a bulk of the defence equipment, claimed to have shot down Indian jets. This led to speculation that Chinese platforms may have been deployed in the conflict. Source…
Deutsche Bank’s investment arm DWS is in talks to form an asset management joint venture in India with the Japanese insurer Nippon Life, four people with knowledge of the matter said, as the German company seeks to expand in Asia. The talks are at an early stage and may take time due to regulatory issues,…
India’s leading stock exchanges, the National Stock Exchange (NSE) and BSE Ltd (BSEL.NS), have temporarily restricted access to their websites for users located overseas, according to three sources familiar with the matter as reported by Reuters.The move does not affect the ability of foreign investors to trade in Indian markets, the sources clarified.The decision followed…
NEW DELHI: Around 140 flights were cancelled to and fro Delhi airport on Wednesday after India carried out strikes on terror targets in Pakistan.Both domestic and international airlines were affected.The disruptions included 65 incoming and 66 outgoing domestic flights, news agency PTI said quoting sources. Additionally, two international arrivals and two international departures were cancelled…
India, the world’s third-largest oil importer, is poised to save up to Rs 1.8 lakh crore on its crude oil and liquefied natural gas (LNG) import bill if the current trend of declining global energy prices persists, according to rating agency Icra.In the fiscal year ending March 31, 2025, India spent $242.4 billion on crude…
The resilience of the Indian stock market is due to underlying economic strength. In contrast, the Pakistan economy is in a dire state. (AI image) Indian stock markets vs Pakistan stock markets – it’s a telling and contrasting story of strength and resilience versus jitters and weakness! In the last two weeks since the Pahalgam…
BENGALURU: India has overtaken the UK to become the largest market by customer count for small and medium enterprises-focused (SME) fintech platform Tide, according to global CEO Oliver Prill. “India is close to 7 lakh, the same as in the UK, and is now growing over that,” Prill said during an interview with TOI, adding…
Earlier this year, Reliance Jio and Airtel sealed deals to distribute Starlink’s satellite internet services. (AI image) Elon Musk-led Starlink has been issued a Letter of Intent by the Indian government for satcom services. SpaceX, established in 2002 by Elon Musk, the world’s wealthiest individual, has created Starlink, a satellite-based internet service. This American aerospace…
