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Samajwadi Party chief Akhilesh Yadav (Photo credit: X/@Akhilesh Yadav) NEW DELHI: Samajwadi Party (SP) chief Akhilesh Yadav on Wednesday dismissed Uttar Pradesh minister Om Prakash Rajbhar’s claim that his party was headed for a major split, accusing the BJP of having a history of engineering defections in opposition parties.Responding to Rajbhar’s “now it is UP’s…
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The day’s main event is Fed Chair Kevin Warsh’s first interest-rate decision. No change in rates is expected, which means markets will be scanning the policy statement, economic projections and the post-meeting press conference for cues. Here is what could elicit a risk-on, positive reaction from bitcoin BTC$65,285.01 The dot plot: This is a graphical…
Benchmark equity indices Sensex and Nifty closed higher for a fourth consecutive session on Wednesday as softer crude oil prices following the US-Iran peace deal boosted investor sentiment despite continued foreign fund outflows.The BSE Sensex rose 347.14 points, or 0.45%, to close at 77,155.62. During the session, it climbed as much as 410.51 points, or…
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Mumbai: With the cessation of hostilities between the US and Iran hopes have risen of normalization of trade, but Indian insurers plan to retain the marine insurance pool to ensure that there is enough domestic capacity to ensure that trade is protected when similar geopolitical events arise in future.Insurers and brokers said that while the…
After being at a war for over four months, the US and Iran will finally be signing an interim memorandum of understanding on Friday. The signing, which will take place in Switzerland, will pave the way for 60 days of negotiations aimed at ending the conflict and imposing strict limits on Tehran’s nuclear programme.According to…
NEW DELHI: Shiv Sena (UBT) Rajya Sabha MP Sanjay Raut on Wednesday defended his controversial remarks directed at suspected rebel party MPs, saying the expressions he used were part of common Marathi usage and that he knew “when and which language should be used.“Responding to criticism over his comments, Raut said that his remarks were…
Mumbai: Mercedes-Benz’s Member of the Board of Management, Sales & Customer Experience., Mathias Geisen, was in India this week for the launch of the new S-Class – a plug-in hybrid. Against this backdrop, Gielsen spoke about Mercedes-Benz’s global sales performance, the transition to electric mobility, and the company’s strategy for India, one of its fastest-growing…
