Manufacturing activity in US was at record bottom December, marking 10th consecutive month of contraction. The Institute of Supply Management (ISM) index slipped to 47.9 from 48.2 in November.The latest figures mark the lowest reading for the year, with production levels falling below November’s numbers. While employment showed a minor uptick of 0.9 percentage points,…
NEW DELHI: The ministry of external affairs (MEA) on Monday issued a travel advisory for Iran urging its nationals to avoid non-essential travel as unrest continues to spread across the country following days of protests.In a statement, the MEA urged nationals in Iran to “avoid non-essential travel”.“In view of recent developments, Indian nationals are advised…
BNB extended recent gains over the last 24-hour period up 1.7% and trading around $906. Price action over the period reflected steady demand rather than a straight breakout, according to CoinDesk Research’s technical analysis data model. BNB posted a sequence of higher lows and spent much of the period consolidating between the high-$890s and low-$900s….
India’s salaried class feels squeezed—not because they don’t want to pay taxes, but because the system increasingly treats retirement savings as a luxury. (AI image) For a country that prides itself on a thriving middle class, India’s tax treatment of retirement savings has begun to feel oddly out of step with economic reality. Over the…
HYDERABAD: SmartGreen Aquaculture (SGA), a Hyderabad-based startup, has set up what is touted as India’s first inland, premium trout farming facility in Kandukur mandal of Telangana’s Ranga Reddy district, on the outskirts of Hyderabad, at an initial investment of $6 million (approx. Rs 54 crore).The facility, based on the sustainable recirculating aquaculture system (RAS) technology…
The stock market showed little reaction to President Donald Trump‘s extraordinary action in Venezuela as investors bet the attack, as well as the capture of leader Nicolas Maduro, would not lead to a bigger geopolitical conflict. The Dow Jones Industrial Average rallied 343 points, or 0.7%. The S&P 500 and Nasdaq Composite rose Monday, up…
NEW DELHI: From retooling classrooms to future-proofing jobs, India’s artificial intelligence strategy is decisively shifting towards people-first reform. Senior policymakers, academic leaders and industry experts on Monday flagged lifelong learning, human augmentation and inclusive skilling as central to India’s AI journey at a high-level Human Capital Working Group meeting hosted at IIT Guwahati.The two-day meeting…
US Wall Street opened higher on Monday as tech stocks bounced back and energy shares climbed after the US captured Venezuelan President Nicolas Maduro in a military operation over the weekend. The Monday session, marks the opening for the first full week of trading in 2026. US markets opened for the first time in the…
Crypto traders can now bet on housing market prices after Polymarket and real estate data provider Parcl announced a partnership to build a new suite of housing price prediction markets. The partnership will be powered by Parcl’s daily home-price indices, according to a press release. Under the agreement, Parcl will supply independent daily housing indices…
The traditional role of an investment banker is to provide advice on deals and financings. But JPMorgan’s bankers recently began noticing that clients were asking for more from the firm – like how the nation’s largest bank was navigating artificial intelligence or what cybersecurity practices it used. Chairman and CEO Jamie Dimon had an idea:…
