NEW DELHI: The ongoing tension between the Congress and Shashi Tharoor sharpened further after another party MP took a swipe at the Trivandrum MP, remarking that he was “not a big part” of Congress. The rift has been in focus as Tharoor skipped a crucial poll-related party meeting in Kerala, opting instead to attend the…
As EU-India ties enter a watershed moment on the back of a free trade agreement (FTA) that’s still being negotiated, European Commission President Ursula von der Leyen told TOI’s Sachin Parashar in an exclusive interview that while the last mile is always the hardest, it will be more than worth it. The conclusion of the…
Hyderabad & Mumbai: Silver’s unprecedented surge continued Friday. In late trades on the New York Commodity Exchange (Comex) the price of the white metal crossed the psychologically important $100-per-ounce (Oz) mark for the first time in history. Gold, which has gained at a much slower pace than silver in recent months, neared the $5,000/Oz mark.In…
A banking application connected to World Liberty Financial Inc., a crypto firm partially owned by President Donald Trump, will proceed as normal, according to the chief of the Office of the Comptroller of the Currency, who rejected a request from U.S. Senator Elizabeth Warren to focus special scrutiny on the president’s potential conflict of interest…
HYDERABAD & MUMBAI: Silver’s unprecedented surge continued Friday. In late trades on the New York Commodity Exchange (Comex) the price of the white metal crossed the psychologically important $100 per ounce (Oz) mark for the first time in history. Gold, which has gained at a much slower pace than silver in recent months, neared the…
Air India on Saturday announced the cancellation of all its flights to and from New York and Newark on January 25 and 26, citing forecasts of a severe winter storm with heavy snowfall.In a travel advisory, the airline said a major winter storm is expected to affect New York, New Jersey and adjoining areas along…
MUMBAI: The weakness of the rupee and foreign fund selling due to geopolitical concerns weighed on investor sentiment on Dalal Street on Friday, and the resultant selling pulled the sensex down by 770 points (0.9%) to 81,538 points. On the NSE, the broader Nifty slid 241 points (1%) to close just above the 25K mark,…
MUMBAI: The foreign exchange market on Friday threw up a set of developments that appear contradictory: the rupee fell to a new low, RBI took measures to ease borrowing conditions, and foreign exchange reserves jumped past $700 billion even though the central bank was selling dollars to support the currency.The rupee slipped close to the…
MUMBAI: Markets regulator Sebi is investigating instances of illegal gains using insider information in a share sale transaction for Yes Bank in July 2022. Officials from PwC, EY, Carlyle Group and Advent International have been sent notices by Sebi as the regulator’s investigations in this matter is continuing, a Reuters story said.The Sebi notice said…
MUMBAI: Payments infrastructure startup Juspay has raised $50 million in funding from new investor WestBridge Capital at a valuation of $1.2 billion, becoming the first unicorn of the year.The investment includes a mix of primary and secondary transactions, the company said in a statement on Friday. In a secondary deal, a firm’s shares change hands…
