US stocks traded steadier on Wednesday after two days of sharp swings, as oil prices paused their rapid climb amid continued uncertainty over the economic fallout from the war involving Iran.The S&P 500 rose 0.5 per cent in morning trade. The Dow Jones Industrial Average gained 180 points, or 0.4 per cent, as of 10:15…
A proposal to increase the number of family units considered in salary calculations from three to five could significantly boost pay revisions under the 8th Pay Commission, according to central government employee organisations. They argue that if the government accepts the demand, the fitment factor used to revise basic salaries could cross 3, potentially leading…
India is not the only market to have seen losses in the wake of the Middle East situation. (AI image) Indian stock markets have been bleeding – and multiple triggers in the last few quarters have left BSE Sensex and Nifty50 well below their record highs. The fresh negative for the stock markets is the…
India has significant export potential in sectors such as pharmaceuticals, textiles, agriculture and services in Japan, and achieving a more balanced bilateral trade relationship is crucial for long-term sustainability, the government said on Wednesday.The issue was highlighted by Commerce Secretary Rajesh Agrawal during his visit to Tokyo on March 2 to attend the Joint Committee…
Hyderabad: With an eye on emerging as a pan-India player in the agricultural machinery market, Escorts Kubota Ltd (EKL) is making a serious play for the high-growth South Indian market with its foray into paddy and wetland farming segment. The company, which is a joint venture between Faridabad-based Escorts Group and Japan’s Kubota and primarily…
German sportswear giant Adidas shares fell sharply on Wednesday after the company issued a weaker-than-expected outlook for 2026, while warning that the business impact of the escalating Middle East conflict remains uncertain, AFP reported.The maker of Gazelle and Samba trainers said it expects operating profit to rise to 2.3 billion euros ($2.7 billion) in 2026…
Benchmark indices Sensex and Nifty ended sharply lower on Wednesday, tracking weakness in Asian markets as escalating tensions in West Asia pushed crude oil prices higher and weighed on investor sentiment.The 30-share BSE Sensex fell for the fourth consecutive session, dropping 1,122.66 points or 1.40 per cent to close at 79,116.19. During the day, the…
Stocks in the United Arab Emirates fell sharply on Wednesday as markets reopened after a rare two-day trading halt triggered by Iran’s missile and drone attacks on the Gulf nation over the weekend, prompting investors to reassess geopolitical risks, Reuters reported.Dubai and Abu Dhabi exchanges had suspended trading on March 2 and March 3 —…
Any interruption to navigation in the Strait of Hormuz poses a serious threat to international oil trade flows. Strait of Hormuz closure has sent shockwaves in global markets and with no signs of the US-Israel-Iran war de-escalating, oil prices have been climbing up. The expanding conflict in Iran has brought tanker movement through the Strait…
NEW DELHI: Ramzan and Easter are important dates in the calendars of several fruits and vegetables exporters to West Asia and Europe. Some of them, in fact, source seeds and grow vegetables meant specially for Europe as Jan to April is lean season for cultivation there.“We were ready with our consignments of onions for Europe,…
