Veteran investor Mark Mobius, widely regarded as a pioneer of emerging markets investing, has died at the age of 89, marking the end of a decades-long career that helped shape global investment strategies, according to a Bloomberg report.According to Bloomberg, Mobius died in Singapore, with the news confirmed in a LinkedIn post attributed to his…
India has strongly pushed back against the United States’ Section 301 investigations, rejecting allegations of unfair trade practices and seeking immediate termination of the probes.In its submission to the US Trade Representative (USTR), India “firmly denies all allegations made in the initiation notice” related to claims of excess structural capacity and production in manufacturing sectors,…
NEW DELHI: National Highways Authority of India (NHAI) on Wednesday directed all banks issuing FASTags to undertake “immediate” validation of Vehicle Registration Numbers (VRNs) linked to the smart tags issued by them. The banks have been directed to blacklist FASTags that are found linked to incorrect or invalid VRNs.The decision follows receipt of complaints regarding…
Hyderabad: US-based investment giant Vanguard plans to scale its Hyderabad global capability centre, called Vanguard India, to 1,000 employees by the end of 2026 and to 2,400 by 2029, as the US investment management firm deepens its technology and product capabilities in India.The company launched the India office in Nov 2025 and has already hired…
In its latest World Economic Outlook report for April 2026, IMF has actually raised the growth forecast for India. (AI image) India’s high growth and low inflation period has been dealt an oil shock. Since the start of the Middle East conflict and US-Iran war, crude oil prices have crossed $100 per barrel, in effect…
Benchmark indices surged sharply on Wednesday, with investors turning bullish as easing oil prices and hopes of renewed US-Iran talks lifted sentiment across sectors.The BSE Sensex jumped 1,263.67 points, or 1.64%, to close at 78,111.24, after rising as much as 1,422.85 points, or 1.85%, during the session. The NSE Nifty climbed 388.65 points, or 1.63%,…
Hyderabad: Jeh Aerospace has inked a long-term agreement with French aerospace and transportation major Liebherr-Aerospace to manufacture and supply high-precision landing gear components for high-rate commercial single-aisle aircraft.As part of the agreement, Jeh Aerospace will produce these components at its Hyderabad facility, which will now become a part of Liebherr-Aerospace’s global industrial network. The deal…
Wall Street edged higher on Wednesday, with benchmark indices approaching record levels after a strong two-week rally driven by optimism that the global economy may avoid a worst-case fallout from the US-Iran conflict.The S&P 500 rose 0.2% in early trade and was on track to surpass its January record, while the Dow Jones Industrial Average…
US President Donald Trump on Wednesday renewed his attack on Federal Reserve Chair Jerome Powell, saying he would fire him if he continues in the role beyond the end of his mandate.Powell’s term as Fed chair ends in mid-May, and Trump has repeatedly criticised him for not cutting interest rates more aggressively, AFP reported.“I’ll have…
The government on Wednesday has directed FASTag issuer banks to immediately verify vehicle registration numbers (VRNs) linked to tags to improve data accuracy in the tolling system.“In order to enhance the accuracy and reliability of data in the Electronic Toll Collection (ETC) system, National Highway Authority of India (NHAI) has issued directions to all FASTag…
