US markets today: Wall Street steadies after sharp sell-off, Donald Trump rules out force over Greenland

US stock markets stabilised on Wednesday after a sharp sell-off in the previous session, as President Donald Trump said he would not use force to take control of Greenland, easing some investor concerns even as pockets of caution remained.The S&P 500 rose 0.3 per cent, recovering part of its 2.1 per cent decline on Tuesday,…

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EU–Mercosur trade pact: Parliament sends deal to EU court, farmers celebrate while exporters flag risks

The European Parliament has voted to refer the recently signed EU-Mercosur free trade agreement to the bloc’s top court, pushing the long-negotiated pact into legal uncertainty just days after it was sealed, according to an AFP report.Lawmakers in Strasbourg voted 334 to 324 in favour of asking the Court of Justice of the European Union…

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Investing in a child’s name: How mutual fund accounts for minors work, rules to know, and tax impact explained

Mutual fund investments can be made in the name of a minor (below 18 years) across all categories — equity, debt, hybrid, gold/silver and international funds — but they come with specific operational, documentation and tax rules that parents must understand before investing. Here is a clear question-and-answer explainer, as reported ET, covering how it…

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From ‘dead’ economy to ‘hottest’: Trump pitches US as economic engine of the world at WEF; ‘most dramatic turnaround…’

US President Donald Trump on Wednesday addressed the World Economic Forum (WEF) at Davos in Switzerland, pitching the American growth story and calling it a miracle. Praising his administration, Trump spoke of how he believes the US has gone from being a ‘dead economy’ to the ‘hottest’ in the world in a year.“Today, after 12…

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Leadership change at Eternal: Who is Albinder Dhindsa? Set to replace Zomato co-founder Deepinder Goyal

Albinder Dhindsa (File photo) Zomato‘s Parent company Eternal’s CEO Deepinder Goyal announced on Wednesday that he is stepping down from his role, subject to shareholder approval. He will remain on the board as vice chairman and named Albinder Dhindsa, the founder and CEO of Blinkit, as his successor. The move marks a significant leadership transition…

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Budget expectations 2026: Recycling industry seeks open scrap trade; flags tariff risks to circular economy

As global tariff uncertainty reshapes trade flows, leaders from the recycling industry have urged policymakers to prioritise open markets and ease cross-border movement of scrap and reusable materials in the Union Budget 2026, arguing that unrestricted trade is critical to building a resilient circular economy.Speaking at the International Material Recycling Conference (IMRC) 2026 here, industry…

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Budget 2026 income tax: Will GST-style fewer tax slabs be brought under new income tax regime?

Tax experts believe that while the new income tax regime reduces the tax outgo for many taxpayers, the multiple slabs add to confusion. (AI image) Budget 2026 income tax expectations: Taxpayers in India are looking at Finance Minister Nirmala Sitharaman’s speech for announcements related to simplification of income tax slabs, returns, compliance and more. India…

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Gold price today: How much 22K, 24K gold cost in Delhi, Mumbai & other cities – Check rates

Gold futures surged to a fresh lifetime high on Wednesday, tracking a sharp rally in global prices as investors flocked to safe-haven assets amid escalating trade war tensions and heightened geopolitical uncertainty.On the Multi Commodity Exchange (MCX), gold futures for the February contract soared by Rs 7,774, or 5.16 per cent, to hit an all-time…

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