Jeffrey Gundlach, CEO of DoubleLine Capital LP, speaks during an interview with CNBC on the floor at the New York Stock Exchange in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Wall Street veteran Jeffrey Gundlach said many assets are extremely overpriced right now, urging investors to keep about 20% of their…
The commerce ministry has begun preparing detailed guidelines for the Rs 25,060-crore Export Promotion Mission (EPM) and will start releasing them before the end of November, Commerce Secretary Rajesh Agrawal said on Monday.The government approved the six-year mission on November 12 for implementation from 2025-26, aiming to help exporters navigate global tariff shocks, including the…
US President Donald Trump imposed 50% tariffs on India in August, 25% of which is a penalty for India’s crude oil imports from Russia. (AI image) India’s exports to the US have grown in October over September, despite the 50% tariffs imposed by American President Donald Trump on Indian goods. However, the exports to the…
Muhammad Yunus (File photo) Muhammad Yunus, who heads the Bangladesh interim government, said the sentencing of ousted prime minister Sheikh Hasina offered an “important, though limited, justice” for the thousands affected during the July–August 2024 uprising.“Today, the courts of Bangladesh have spoken with a clarity that resonates across the nation and beyond. The conviction and…
Warren Buffett ahead of the Berkshire Hathaway Annual Shareholder Meeting in Omaha, Nebraska, in 2023. David A. Grogan | CNBC Alphabet shares jumped Monday after Warren Buffett’s Berkshire Hathaway revealed a new stake in the Google parent, marking one of the conglomerate’s most significant technology bets in years. Alphabet shares were up 5% in morning…
India’s gold imports surged nearly threefold to a record $14.72 billion in October, propelled by strong festive and wedding-season demand, government data showed on Monday. Imports stood at $4.92 billion in the same month last year, PTI reported.Cumulatively, gold inflows rose 21.44 per cent to $41.23 billion in April–October, up from $34 billion a year…
Over the past week the number of unique entities holding at least 1,000 BTC has climbed to 1,436 even as bitcoin has tumbled and held firmly below $100,000. This marks a sharp reversal from the broader 2025 trend where “OGs” and long term participants have been steady net sellers. For context, this cohort peaked above…
Amla Ashok Ruia honoured with ‘Excellence in Rural Development’ award NEW DELHI: Amla Ashok Ruia, popularly known as the “Water Mother,” was honoured with “Excellence in Rural Development” award at the inaugural Ramoji Excellence Awards 2025 held at Ramoji Film City in Hyderabad.Her recognition stood out as a tribute to her transformative work in rural…
Dubai’s biennial Air Show opened on Monday with a headline announcement from hometown carrier Emirates, which placed a $38-billion order for 65 Boeing 777-9 aircraft, reinforcing its push to expand long-haul capacity amid record earnings and rising traffic through the city’s East-West hub, AP reported.The new order takes Emirates’ total commitment for the upcoming 777-9…
The African Continental Free Trade Area (AfCFTA) Secretariat and the IOTA Foundation have introduced a digital trade initiative that places stablecoin-based settlement at the center of efforts to overhaul how goods move across Africa. The Africa Digital Access and Public Infrastructure for Trade (ADAPT), formed in partnership with the Tony Blair Institute and World Economic…
