Business

Ever since US President Donald Trump took office, five months ago, his economic policies have unleashed widespread volatility across global financial markets, triggering investor pullback, a weakening dollar, and a sharp divergence in global stock performance.Here is a look at the financial roller-coaster rise:Wall streetAfter years of dominating global markets, US stocks are now lagging…

In a major push for India’s port and maritime sector, Vadhvan Port Project Ltd, the firm behind what is set to become the country’s largest port—is gearing up to raise up to Rs 300 billion (approximately $3.5 billion) in debt, presenting lenders with a rare long-term investment opportunity. The Vadhvan Port Project Ltd, located just…

Iran has repeatedly warned of blocking the Strait of Hormuz, a narrow yet strategically crucial maritime chokepoint for global oil supply, however, the country has not yet shut it down. Analysts say that the vital passage has never been shut down and Iran is using this threat as a diplomatic lever and that the chances…

Union minister for commerce and industry Piyush Goyal on Thursday said that India is in trade dialogues with the countries with whom it does not compete rather can complement with the economies involved.Speaking at an India Global Forum session on UK-India collaboration, the minister highlighted the opportunities that trade agreements create, both for the two…

Hackers with suspected links to Israel have stolen over $90 million from Nobitex, Iran’s largest cryptocurrency exchange, in a high-profile cyberattack that analysts believe was politically driven, rather than financial.The group behind the breach, known as Gonjeshke Darande or “Predatory Sparrow”, leaked what it claimed was Nobitex’s complete source code and declared on Telegram, “ASSETS…

The ministry of civil aviation launched a comprehensive review of aviation safety, airline performance, and passenger support systems across the country on Thursday, in the wake of the recent Air India incident near Ahmedabad.Civil aviation minister Ram Mohan Naidu Kinjarapu chaired a detailed video conference with airport directors nationwide to assess how airports are handling…

India-UK trade deal: The successful completion of FTA negotiations was confirmed by both nations on May 6. (AI image) Did you know that the India-UK trade deal was sealed during a walk in the park, and over an ice-cream? The Free Trade Agreement (FTA) negotiations between India and the UK reached their conclusion during an…

The Bank of England is expected to keep interest rates unchanged on Thursday amid growing fears that the ongoing Israel-Iran conflict might drag in the US, pushing oil prices higher and worsening inflation in the UK. The bank’s nine-member Monetary Policy Committee is predicted to hold the main rate at 4.25%, a two-year low, while…

India is set to make a powerful statement in global railway manufacturing as it is set to began exporting more than 100 high-tech locomotives to West Africa.Built under the ‘Make in India’ initiative in Bihar, these locomotives come equipped with world class facilities to ensure pilot comfort. Prime Minister Narendra Modi will flag off the…

Siemens Energy India listing: Market experts anticipate potential gains of up to 30% in the stock value, with price targets reaching Rs 3,700. (AI image) Siemens Energy India share price: The stock of Siemens Energy India, which demerged from Siemens Ltd, reached its upper limit of Rs 2,992.45 on the BSE during early trading on…