NEW DELHI : The country’s industrial output growth accelerated in Feb, led by a recovery in the manufacturing sector, but the West Asia conflict is expected to weigh heavily on the crucial sector in the months ahead.Data released by the National Statistics Office (NSO) on Monday showed the index of industrial production rose 5.2 per…
NEW DELHI: WTO member nations failed to agree to any meaningful outcome at the second ministerial meeting in Africa, including their inability to extend the 28-year moratorium on e-commerce, opening the doors for possible tariffs on digital downloads and streaming services.It also resulted in a public health concern as the freeze on “non-violation complaints” (NVCs)…
NEW DELHI: The government on Monday said that 10 foreign-flagged ships carrying energy products and bound for India are presently stranded in the Persian Gulf. This is in addition to 18 Indian vessels that are currently in that region.Responding to a question, Rajesh Sinha, special secretary of the shipping ministry, said three of the foreign-flagged…
The teetering bond market received some good news on Monday, but it wasn’t enough to offset a continued surge in oil prices, which sent U.S. stocks lower and crypto giving up most of its gains. Speaking at Harvard University, Federal Reserve Chairman Jerome Powell said the U.S. central bank — for the moment — is looking…
A week of “maximum uncertainty” should deliver a key opportunity for investors, according to Evercore ISI’s Julian Emanuel. “We’re getting towards an inflection point where we would want to commit capital here,” the firm’s managing director said Monday on CNBC’s ” Fast Money .” Emanuel pinpoints next Monday, April 6, the day President Donald Trump…
NEW DELHI: An Indian national was killed in an attack on a power and water desalination plant in Kuwait, taking the toll of Indians killed in the ongoing war in West Asia to eight.“Embassy of India in Kuwait expresses its condolences at the tragic demise of an Indian national due to an attack on a…
More than 40 Democrats in the U.S. Senate and House of Representatives sent a letter to a federal regulator and to ethics officials to ask them to warn government officials that insider trading in derivatives is illegal and that bets they make on prediction markets firms like Polymarket and Kalshi qualify under that category. The…
The bench said that the omission on part of the trial judge was not such a ‘fatal’ defect as to vitiate the entire trial NEW DELHI: It was a minor lapse by a trial judge of not affixing his signature to the order framing the charges, but it led to a washout of 17 years…
NEW DELHI: The political row sparked by BJP MP Nishikant Dubey’s allegedly derogatory comments on ex-Odisha CM Biju Patnaik flared up on Monday as his own party colleague Baijayant Jay Panda slammed the remarks as “unworthy, uninformed and totally unacceptable”.Panda said, “Biju uncle was a towering personality… He was one of the greatest patriots of…
The U.S. Department of Labor has proposed a rule that would make it easier for 401(k) plans to include alternative assets such as cryptocurrencies, private equity and real estate. The proposal is in response to President Donald Trump’s executive order, released in August, which directed the Labor Department and the Securities and Exchange Commission to…
