Asian shares on Tuesday recorded their steepest fall since 2022, as the Middle East war completed a month, fuelling fears of higher inflation and slower economic growth.MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.55 per cent and was on track for a monthly decline of more than 12 per cent, marking its worst…
NEW DELHI: WTO member nations failed to agree to any meaningful outcome at the second ministerial meeting in Africa, including their inability to extend the 28-year moratorium on e-commerce, opening the doors for possible tariffs on digital downloads and streaming services.It also resulted in a public health concern as the freeze on “non-violation complaints” (NVCs)…
Stock market holiday (AI image) Stock market holiday today: Indian equity markets are closed today in observance of Shri Mahavir Jayanti, with both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) marking the first of two trading holidays scheduled for the week.On the commodities front, the Multi Commodity Exchange of India (MCX)…
NEW DELHI : Bharti Airtel on Monday announced an investment of $1 billion by Alpha Wave Global, Carlyle and Anchorage Capital, through their affiliates, in Nxtra Data, the telecom company’s subsidiary in the data centre business.Airtel will also participate in the round as part of Nxtra’s efforts to expand its network across the country and…
Oil prices surged sharply on Tuesday, with Brent crude climbing above the $110 per barrel mark and US West Texas Intermediate (WTI) crude trading above $100, as supply concerns intensified amid the widening conflict in the Middle East.Brent crude rose $2.26, or about 2 per cent, to $115.04 a barrel in early trade, after hitting…
NEW DELHI : The country’s industrial output growth accelerated in Feb, led by a recovery in the manufacturing sector, but the West Asia conflict is expected to weigh heavily on the crucial sector in the months ahead.Data released by the National Statistics Office (NSO) on Monday showed the index of industrial production rose 5.2 per…
MUMBAI: Corporate India is stepping up investments in the country’s sports ecosystem, with capital flowing into infrastructure, leagues and athlete development, as the sector emerges as a high-growth business opportunity backed by rising returns and policy support.Industry experts say the trend has accelerated over the past few years, with both govt spending and private participation…
Stock market today (AI image) Stock market crash today: Nifty50 and BSE Sensex continued their slide on Monday, dropping sharply on negative global cues. While Nifty50 went below 22,350, BSE Sensex closed below 72,000. Nifty50 ended the trading session at 22,331.40, down 488 points or 2.14%. BSE Sensex closed at 71,947.55, down 1,636 points or…
The Indian rupee depreciated 9.88 per cent against the US dollar in FY26, marking its steepest annual decline in 14 years, according to market data as reported PTI.The last comparable fall was in FY12, when the domestic currency had dropped 12.4 per cent amid a widening current account deficit of 4.2 per cent.The sharp depreciation…
US Federal Reserve Chair Jerome Powell on Monday said the central bank can look through the energy price shock triggered by the Middle East conflict, but warned it may need to act if rising costs begin to alter inflation expectations, AFP reported.“The tendency is to look through any kind of a supply shock,” Powell said…
