The Middle East crisis impact has continued to spill across global oil supply chains, once again pushing crude prices beyond the $100 mark. Brent crude, the global oil benchmark, rose slightly after moving past $100 a barrel on Thursday (local time), gaining 0.20% to trade at $100.66 by 0020 GMT. Meanwhile, US benchmark West Texas…
NEW DELHI: With demand continuing to be strong post the festive season, leading automakers – Maruti Suzuki, Mahindra & Mahindra, Tata Motors, Hyundai and Toyota Kirloskar – saw robust growth in sales in Nov as compared to the same month last year. Maruti Suzuki India reported the best-ever total sales, including exports, last month at…
US Commerce Secretary Howard Lutnick told the elites gathered in Davos that the Trump administration believes globalization is “a failed policy” that left America behind. A day later, his boss, President Donald Trump, predicted the US stock market would double from records he openly took credit for. There’s a stark tension lurking between the lines…
The Central Bank of the United Arab Emirates (CBUAE) has approved the country’s first USD-backed stablecoin under the bank’s Payment Token Services Regulation (PTSR), according to a press release on Thursday. The issuance and management of the USDU token are handled by Universal Digital, which is regulated by the Financial Services Regulatory Authority (FSRA) of…
NEW DELHI: External affairs minister S Jaishankar on Friday spoke about India’s neighbourhood policy, saying that “you can have bad neighbours… unfortunately, we do” a veiled swipe at Pakistan.Ties between New Delhi and Islamabad, long strained, further deteriorated after the Pahalgam terror attack that killed 26 civilians in Jammu and Kashmir, an attack was designed…
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JDU workers protest against Nitish Kumar filing his nomination for Rajya Sabha, outside the CM’s residence in Patna on Thursday NEW DELHI: As the nomination process for Rajya Sabha elections spread across 10 states ended on Thursday, moves for new political alignments, including a rare BJD-Congress tie-up in Odisha and unity of BJP’s rivals in…
NEW DELHI: Prime Minister Narendra Modi received a ceremonial welcome and Guard of Honour at the Perdana Putra building in Putrajaya on Sunday, marking a key moment in his two-day official visit to Malaysia. The reception followed his arrival in Kuala Lumpur a day earlier, when Malaysian Prime Minister Anwar Ibrahim personally welcomed him at…
ARK Invest has returned to buying shares of Coinbase Global after trimming its position, adding roughly $15 million worth of stock across several of its actively managed exchange-traded funds (ETFs) on Friday. The Cathie Wood-led asset manager purchased 66,545 Coinbase shares through the ARK Innovation ETF (ARKK), 16,832 shares through Next Generation Internet ETF (ARKW)…
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