US President Donald Trump US President Donald Trump turned a routine walk around the White House grounds into a detailed showcase of his latest construction projects on Wednesday (local time), taking reporters through the newly rebuilt driveway, the revamped helipad and other work underway around the complex.Trump used the impromptu tour to point out everything…
MUMBAI: Within hours of Sebi chairman Tuhin Kanta Pandey warning market players about strict regulatory actions against any manipulation with the recently introduced Closing Auction Session (CAS), the regulator late Wednesday banned Copthall Mauritius Investments, a foreign fund from the market till further orders and impounded nearly Rs 3 crore.Sebi alleged that Copthall Mauritius had,…
NEW DELHI: Uneven demand, commodity price volatility, trade related uncertainty due to heightened geopolitical tensions and cheap imports are impacting capex decisions of the corporate sector as the investment confidence is still “catching up”, said a paper prepared for the two-day banking conclave this week, which was attended by FM Nirmala Sitharaman.“Large capital projects require…
Indian stock markets head into Thursday’s session with a mix of positive global cues and continuing domestic concerns. The immediate focus is on the potential opening after GIFT Nifty futures pointed to gains, following a sharp rebound across Asian markets. The improvement in global sentiment came after the US Treasury announced plans to double buyback…
MUMBAI: Sebi chairman Tuhin Kanta Pandey on Wednesday said that among several market reforms that the regulator was working on, it was in the process of putting in place “a framework to support global fund-management activity from India.” He also said that the Securities Lending & Borrowing Mechanism (SLBM) and the short selling frameworks were…
Brent crude continues to rise amid Hormuz disruption Oil prices remained close to recent highs, above the $90 per barrel mark in early trade on Thursday as investors assessed uncertainty surrounding the US-Iran war and the shipping status through the Strait of Hormuz.Around 7:30 am IST, WTI crude was trading at $84.66 a barrel, up…
The 30-year Treasury yield, which recently reached its highest level since 2007, declined more sharply. US stock market today: Wall Street edged higher on Wednesday after the US Treasury Department said it could increase its purchases of government bonds, easing some of the pressure that has been weighing on financial markets globally. The market also…
Analysts and traders aid refiners in both countries are likely to continue earning billions of dollars from stronger exports. (Representative image) With global fuel supplies disrupted due to the Middle East crisis and Russia-Ukraine war, refiners in India and the US have emerged as beneficiaries. Oil refiners in the two countries are benefitting significantly as…
The push for wider PNG adoption gathered pace during the Middle East conflict earlier this year. (Image for representative purpose only) Looking to push for faster adoption of piped natural gas (PNG), the government has introduced an additional incentive for city gas distributors to expand household piped-gas networks. The scheme offers 200 standard cubic metres…
File photo: Moscow pumps face queues amid fuel shortages (Picture credit: Reuters) Russia is importing nearly 270,000 metric tonnes of refined fuel from Asia this month, using ship-to-ship transfers to bring in supplies as repeated Ukrainian attacks on its oil refineries reduce domestic fuel production, according to preliminary shipping data and trade sources cited by…
