The attraction of US equities extends well beyond a handful of technology companies. (AI image) A few weeks ago SpaceX’s listing on the US stock market made Elon Musk the world’s first trillionaire. The US stock market remains the biggest in the world, with several of its companies having over trillion dollar valuations. In fact,…
The US Treasury announced a sanctions waiver for Iran’s petroleum valid until August 21. (AI image) The United States on Monday granted Iran a 60-day sanctions waiver following the first round of discussions under a newly emerging peace arrangement. US Vice President JD Vance said meetings with Iranian representatives in Switzerland had created a solid…
Kunal Shah is leaving the operating helm of CRED to run WhatsApp globally There are exits, and then there are the kind that look as though they were engineered by a founder who has spent his career thinking in second-order effects, and the departure of Kunal Shah from the chief executive’s chair at CRED belongs…
The progress of the southwest monsoon in June 2026 has been a cause for significant concern. (AI image) The Indian economy has till now emerged from the US-Iran conflict relatively unscathed. If the peace talks hold and the Strait of Hormuz opens, economists expect the impact of the war to be transient. However, a bigger…
Taxpayers should carefully evaluate their eligible deductions before deciding which tax regime to opt for. (AI image) ITR filing AY 2026-2027: Do you plan to file income tax returns under the old tax regime? The first thing to know is that your ITR must be filed within the July 31, 2026 deadline, otherwise you will…
India’s US LPG imports to surpass 1 million tonnes after Hormuz disruption (Image/PTI) India’s imports of liquefied petroleum gas (LPG) from the United States are set to surpass 1 million metric tonnes in June for the first time.The move comes as New Delhi turned to more expensive suppliers after disruptions to LPG supplies from the…
Gold price prediction today: A consistent rise in gold prices due to drop in oil prices is being constrained by hawkish outlook from central banks which are signalling a possible rate hike to keep inflationary pressures in check, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan. Source link
NEW DELHI: As US Trade Representative Jaimeson Greer touches down in the Capital for negotiations, commerce and industry minister Piyush Goyal Monday said that India will seek a comparative advantage in the trade deal.“We are trying to work out with the US how we can get a comparative advantage so that our exporters, MSMEs, processed…
NEW DELHI: The index of infrastructure industries grew 0.5 per cent in May, the slowest pace of expansion since last Oct, as only three of the eight sectors registered higher output. While cement expanded at 8.4 per cent, steel saw production rise by 5 per cent and power generation was 8.7 per cent higher, according…
After raising $75 billion in IPO, Elon Musk’s SpaceX enters bond market Elon Musk’s SpaceX has turned to the bond market for the first time, days after its record-breaking stock market debut, as the company seeks fresh funding to support its growing investments in artificial intelligence and next-generation space technology.The move comes as SpaceX disclosed…