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Federal Reserve Chair Powell says DOJ has subpoenaed central bank, threatens criminal indictment

Federal Reserve Chair Jerome Powell said Sunday the Department of Justice has served the central bank with subpoenas and threatened it with a criminal indictment over his testimony this summer about the Fed’s building renovations. The move represents an unprecedented escalation in President Donald Trump’s battle with the Fed, an independent agency he has repeatedly…

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Trust Indian, not foreign voices: Goyal on BTA with US

NEW DELHI: Days after govt rejected US commerce secretary Howard Lutnick’s claims, commerce and industry minister Piyush Goyal Sunday said that stakeholders should have trust in India, instead of relying on statements from overseas. “Trade deal is not negotiated in media. Trust India, don’t trust foreign statements. Have trust in your country, your motherland, India,”…

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Greenland’s harsh environment and lack of infrastructure have prevented rare earth mining

Greenland’s harsh environment, lack of key infrastructure and difficult geology have so far prevented anyone from building a mine to extract the sought-after rare earth elements that many high-tech products require. Even if President Donald Trump prevails in his effort to take control of the arctic island, those challenges won’t go away.Trump has prioritized breaking…

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Gold & silver outlook: Bullion seen holding firm next week; US tariff verdict, geopolitics in focus

Gold and silver prices are expected to remain firm next week as traders brace for heightened geopolitical risks and uncertainty around the US Supreme Court’s impending verdict on President Donald Trump’s tariff policy, analysts said.Market participants will also track inflation data from major economies including the US, India and Germany, alongside trade and investment numbers…

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Stock market outlook: Q3 earnings, inflation data in focus this week; global cues to steer sentiment

Indian equity markets are set for an event-heavy week ahead, with investors closely tracking the onset of the December quarter earnings season, key domestic and global inflation data, and developments on the global macro and geopolitical front, analysts said, PTI reported.Quarterly results from several heavyweight companies across information technology, banking, financial services and energy sectors,…

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