Asian markets edged higher on Thursday as investors weighed escalating tensions in the US-China trade war alongside expectations that the Federal Reserve will continue cutting interest rates this year.The region’s gains follow a broadly positive session on Wall Street and mark a second consecutive day of recovery, as traders focused on softer US economic data…
In a significant leap for India’s semiconductor ambitions, the country’s first commercially packaged multi-chip module (MCM) rolled out early Wednesday from Kaynes Semicon’s outsourced semiconductor assembly and test (OSAT) facility in Sanand, Gujarat. The shipment, comprising 900 intelligent power modules (IPMs), has been delivered to California-based Alpha & Omega Semiconductor (AOS). A milestone for India…
Given the ongoing geopolitical tensions, inflationary concerns, and a weak global economic outlook, gold remains a preferred safe-haven asset. (AI image) Gold and silver price prediction today: Both gold and silver prices are exhibiting strong bullish momentum and investors should look to buy on dips, says Abhilash Koikkara, Head – Forex & Commodities, Nuvama Professional…
New Delhi: India’s exports to the US fell nearly 12% to $5.5 billion in Sept, the first full month since 50% tariffs were imposed by US President Donald Trump on all shipments from Aug 27.But overall exports held steady, rising 6.7% to $36.4 billion in Sept, while imports jumped 16.7% to a record $68.53 billion…
The Indian rupee rallied strongly on Wednesday, surging nearly 1% after Reserve Bank of India went on the offensive following weeks of defending the currency, sparking speculation of a likely policy rethink. RBI likely sold dollars both in the offshore and onshore markets, according to people familiar with the matter who declined to be identified…
MUMBAI: With gold prices hitting through the roof, Indians are making more with less this big, fat wedding season. For one, many consumers are exchanging old gold, which somewhat helps ease the burden of steep prices of the yellow metal, synonymous with desi shaadis. “Many consumers are exchanging old gold to offset higher prices, while…
MUMBAI: Parisian luxury department store Galeries Lafayette is tapping India for growth, a market it said lacks luxury retail avenues for high spending consumers who shop for a spate of labels across pricey fashion houses and shopping stores abroad.The retailer’s flagship store in Paris’s Boulevard Haussmann is the second most-visited tourist spot in the French…
Air India is negotiating with Airbus and Boeing to acquire up to 300 aircraft, including as many as 80 to 100 wide-body jets, as part of an accelerated expansion of its fleet under the Tata Group, Reuters reported citing sources familiar with the matter on Wednesday.The talks come on top of earlier discussions for around…
Infosys has stepped up lateral hiring across its development centres in India, offering cash rewards to employees who recommend candidates for open positions, signaling growing momentum in mid-career recruitment at the Bengaluru-headquartered software giant, according to an ET report.In an internal communication, Infosys outlined referral bonuses of Rs 10,000 for job level 3 hires, Rs…
(Left to right) Unsoo Kim, MD – HMIL, José Muñoz, President & CEO – Hyundai Motor Company and Tarun Garg, whole-time director & COO – HMIL Jose Munoz literally shattered the glass ceiling as he became the first non-Korean to become the global CEO and President of Korean automotive giant Hyundai in Jan 2025. A…