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Wall Street moved higher on Friday and edged closer to fresh record highs as strong quarterly earnings from Apple, Estee Lauder and other companies lifted sentiment while a mild retreat in oil prices offered additional support.The S&P 500 rose 0.6 per cent, extending gains after closing at an all-time high on Thursday. The Dow Jones…
A proposed High-Level Committee on Banking for Viksit Bharat will examine balance sheet constraints faced by public sector banks and ways to better leverage their capital, Financial Services Secretary M Nagaraju said on Friday, PTI reported.The government is expected to announce the terms of reference for the panel soon.“This committee is expected to review the…
Step outside into 45-47°C heat and it is not just uncomfortable. It is immediate and overwhelming. The sun beats down relentlessly as the air feels heavy and unbearably still, hitting your face like a wave from an open furnace and clinging to the skin even as you step into shade. Within minutes, the body begins…
Bitcoin BTC$78,258.03, the largest cryptocurrency, is set to surge in the next four years, propelling its market capitalization to $16 trillion by 2030, Ark Invest said in its annual research report, Big Ideas. The more than 10-fold growth — market cap is currently about $1.5 trillion — will be driven by accelerated institutional adoption and…
NEW DELHI: Days after a high-stakes election marked by record turnout, the Election Commission on Friday ordered repolling in 15 polling stations across Magrahat Paschim and Diamond Harbour in South 24 Parganas, declaring the April 29 voting void. Fresh polling will be held on May 2 from 7 am to 6 pm, the poll body…
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India’s mining and metals sector needs a fresh look at environmental compliance norms as rising exploration costs and depletion of high-grade mineral reserves create new pressures for the industry, experts said on Thursday, PTI reported.The sector, which is estimated to account for up to 7 per cent of global greenhouse gas emissions, currently requires environmental…
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