Asian shares traded mostly in red on Monday following data, after the Wall Street ended last week on a tough note, pulling US markets off record highs. The slump came after a decline in Chinese investment in November, highlighting the ongoing weakness in the world’s second-largest economy. Hong Kong’s HSI was down 0.92% or 240…
Kevin Hassett, a top contender for President Donald Trump’s Fed chair pick, stated that Trump’s voice would carry no weight in the central bank’s interest rate decisions under his chairmanship. “[He] has very strong and well-founded views about what we ought to do,” Hassett, Trump’s top economic adviser at the White House, said Sunday on…
Rupee continued its downward rally on Monday, falling to an all-time low of 90.58 against the US dollar. This dip marks second week of record lows after the currency fell to 90.55 against USD earlier, on Friday.The currency is struggling with familiar headwinds, weighed down by delays in a US trade deal, persistently weak capital…
NEW DELHI: The ministry of civil aviation on Monday issued a travel advisory, urging flyers to head to airports only after checking the latest status of their flight.This comes as several flights were cancelled as low visibility conditions prevails in north India due to thick layer of fog.In a social media post on X, the…
Stock market today (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Monday on weak global cues. While Nifty50 was near 26,000, BSE Sensex was down over 250 points. At 9:16 AM, Nifty50 was trading at 25,961.20, down 86 points or 0.33%. BSE Sensex was at…
Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting December 15, 2025) are SBI Life, and RBL Bank. Let’s take a look: Stock Name CMP (Rs) Target (Rs) Upside (%) SBI Life 2030 2240 10 RBL 307 350 14 SBI…
Bitcoin (BTC) could face a continued correction toward the $70,000 level if the Bank of Japan (BoJ) proceeds with an expected interest-rate hike on Dec. 19, according to multiple macro-focused analysts. Key takeaways: BoJ tightening could pressure Bitcoin by draining global liquidity. Macro and technical signals align around a $70,000 downside target. BOJ hikes preceded…
NEW DELHI: President Draupadi Murmu on Sunday emphasised the need to use electricity wisely and efficiently and said it not only leads to energy conservation but also reduces carbon emissions.Speaking at the National Energy Conservation Awards 2025 at the capital’s Vigyan Bhawan, the President said that energy conservation was not just an option but was…
China’s November economic data pointed to a continued strain as retail sales fell to a three-year low and both consumer spending and investment weakened. Figures released on Monday by the National Bureau of Statistics showed that retail sales increased by only 1.3% from a year earlier, marking the slowest growth since the Covid period and…
NEW DELHI: The Congress party on Monday expelled former MLA Mohammed Moquim from the party days after he wrote to Sonia Gandhi urging the removal of party president Mallikarjun Kharge on the grounds that “age is not on his side.” Congress cited “anti-party activities” as the reason behind his expulsion, however, it refrained from specifying…
