The US Treasury Department has terminated its contracts with consulting firm Booz Allen Hamilton following the conviction of a former contractor linked to the company for leaking sensitive tax data of thousands of wealthy Americans, including President Donald Trump, to media organisations.The decision comes amid broader efforts by the Trump administration to act against entities…
The Indian stock market failed to extend its strong momentum from the previous session and ended in the red on Friday. Volatility persisted and widespread selling emerged amid a weaker rupee and continued FII outflows. Analysts project that this weak sentiment is likely to continue. “Nifty on the weekly chart has formed a sizable bearish candle…
What can be done for customs reforms. (AI generated image) By Krishan AroraIndia customs has seen several reforms over the years – from tariff rationalization to digitization to simplified procedures & schemes to support domestic Industry. While high tariff rates and duty rate rationalization remains a key industry demand, there is a need for a…
Markets analysts shared buy, sell and hold recommendations for an array of stocks Photo: Copilot Should you hold shares of Suzlon Energy Ltd.? Should you add shares of Eternal Ltd. at the current market price? Have you lost the chance to buy shares of Larsen & Toubro Ltd. at an attractive price? Is it the right…
US stocks opened with modest gains on Monday as investors turned their focus to a busy earnings calendar and the upcoming policy meeting of the US Federal Reserve, while gold surged past the $5,000-an-ounce mark for the first time.The S&P 500 rose 0.4% in early trade, coming off its second consecutive weekly loss. The Dow…
In a massive boost to the European automobile market, India is mulling to reduce tariffs on cars imported from the European Union to 40% from as high as 110%, sources told news agency Reuters. Narendra Modi-led BJP government has agreed to immediately slash taxes on a limited number of cars from the 27-nation bloc with…
The finance ministry will hold the customary halwa ceremony on Tuesday, marking the beginning of the final and most confidential phase of preparations for the Union Budget 2026-27. The ceremony, a long-standing tradition in India’s budgetary process, symbolises the transition from drafting and deliberations to the finalisation of the Budget document. It is expected to be…
Representative image (AI) Ahead of the Union Budget, EY India’s Rajnish Gupta said that the government should release more public data to support India’s push for sovereign artificial intelligence. He added that it is key to building AI models that reflect the country’s cultural and linguistic diversity.Gupta, Partner with EY India’s Tax and Economic Policy…
The S&P 500 and Dow Jones Industrial Average opened higher on Monday as Apple Inc. and Meta Platforms Inc. gained ahead of announcing their quarterly results. The wider index S&P 500 opened 0.12% higher at 6,923.86, Dow Jones rose 0.21% to trade at 49,202.56, while tech-heavy Nasdaq Composite was little changed at 23,498.96 after the…
Asian Paints, Marico, Vodafone Idea and Tata Consumer Products are among the many companies that will announce the financial results for the third quarter of the current fiscal. Here are the analysts’ consensus estimates compiled by Bloomberg: Asian Paints’ consolidated Q3 estimates indicate modest year‑on‑year growth. Revenue is projected at Rs 9,035 crore versus Rs 8,526…
