US markets showed slight gains in trading on Friday, continuing their recent upward momentum. With minimal news driving trading, market participants awaited the latest updates on consumer sentiment and inflation. The Dow Jones Industrial Average edged lower by 37.71 points to 42,285.04 (-0.09%), while the Nasdaq Composite rose 31.66 points to 19,143.98 (+0.17%) at the…
The Japanese economy took a hit for the first time in a year, weighed down by fragile domestic demand and trade tensions with the US. Preliminary government data released on Friday showed that the gross domestic product (GDP) fell at an annualised rate of 0.7% in the January-March quarter, significantly worse than the market’s forecast…
Hyundai Motor India Ltd (HMIL) on Friday reported a 4% decline in its consolidated profit after tax (PAT) to Rs 1,614 crore for the fourth quarter ended March 31, 2025, attributed to lower sales in the domestic market.The automaker had reported a PAT of Rs 1,677 crore in the same period last fiscal.Despite the dip…
US President Donald Trump on Thursday announced a series of business deals worth more than $200 billion between American companies and the United Arab Emirates, marking a major milestone in trade relations between the two nations.The agreement confirmed a $14.5 billion deal involving US aviation giants Boeing and GE Aerospace, and UAE’s national airline, Etihad…
MUMBAI: The way RBI calculates the dividend it pays to govt may soon change, with the central board of directors reviewing the economic capital framework at its meeting here on Thursday. The meeting was chaired by governor Sanjay Malhotra and comes five years after the Bimal Jalan Committee’s recommendations, which form the basis of the…
Gold prices have been experiencing swings in the last few sessions. Gold rate today: Gold June futures on MCX began trading lower on Friday, with price dropping Rs 314 or 0.34% to Rs 92,855/10 g, following a positive close in the previous session. The yellow metal’s prices have declined by Rs 3,750 this week, exhibiting…
A United Nations report projects India’s economic growth to moderate to 6.3% in 2025, a slight decrease from previous forecasts, but still among the fastest-growing globally, driven by strong consumption and government spending. While exports face potential challenges from US tariffs, stable employment and declining inflation are expected. Globally, economic prospects are fragile due to…
Asian markets experienced a downturn on Friday, mirroring Thursday’s mixed global cues. Investor caution prevailed as initial optimism from China-US trade talks waned. Shanghai, Nikkei, and Hang Seng indices declined, while South Korea’s Kospi showed a slight increase. US markets saw modest gains amid uncertainty over trade tensions, with the S&P 500 nearing its record…
A potential relocation of Apple’s manufacturing operations from India to the US would result in increased labour expenses. (AI image) US President Donald Trump’s dream to have Apple manufacture iPhones in America may end up pushing the smartphone’s price to thrice its current level! Market analysts indicate that manufacturing iPhones in the United States rather…
Gold appears vulnerable to further downside in the immediate term. (AI image) Gold price prediction today: Gold prices have been volatile in the last few days amidst geopolitical uncertainties. Where are they headed and what should investors do – buy, sell or hold gold? What gold rate levels should you watch out for? Jateen Trivedi,…
