NEW DELHI: Bangladesh on Monday secured 19% reciprocal tariff from the US under a trade agreement, while managing some exemptions from reciprocal tariffs for textiles and garments manufactured using American material. While Indian exporters are keeping a close watch on the details – especially after some of the stocks took a beating – they are…
Prime Minister Narendra Modi met US President Donald Trump for the first time in 16 months at the G7 in France, and also had formal bilateral meetings with Canadian PM Mark Carney, UK PM Keir Starmer and UAE President Mohamed bin Zayed Al Nahyan.Modi and Trump participated in an outreach session sitting next to each…
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“Call spreads remain attractive for anyone wanting recovery exposure into the post-quarterly reset. And now look even better on a relative-vol basis, since call spread longs are buying the cheaper wing of a skew that is leaning the other way,” he said. There are a number of factors that might drive volatility higher in the…
NEW DELHI: In a major booster shot for military capabilities in eastern Ladakh, India on Wednesday operationalised its new Nyoma airbase close to the frontier with China, even as a large Army exercise called ‘Poorvi Prachand Prahar’ is now under way in Arunachal Pradesh on the eastern front. The developments at the opposite ends of…
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Representative image (File photo) NEW DELHI: Eight elephants were killed and one injured after a herd was hit by the Sairang New Delhi Rajdhani Express in Assam’s Hojai district in the early hours of Saturday, a forest official said. Five coaches and the engine of the New Delhi bound train were derailed in the incident,…
MUMBAI: RBL Bank reported a net profit of Rs 214 crore in Q3 FY26, up 555% from Rs 33 crore a year earlier when earnings were subdued to provisions. The net profit was 20% higher than Rs 179 crore in the previous quarter.Profit in the December quarter would have been higher but for the one-off…
MUMBAI: The rupee is likely to come under renewed pressure when forex markets open on Wednesday as the conflict in West Asia has worsened the trade and energy situation beyond expectations of analysts.On Tuesday, the Indonesian rupiah, South Korean won and Thai baht each fell by more than 1%, leading losses in Asia, while broader…
Jaguar Land Rover has reportedly removed its long-time design chief Gerry McGovern in a sudden and unexpected move, just days after P B Balaji stepped in as the new CEO. According to AutoCar India, McGovern, 69, was asked to leave on Monday. The reason for his dismissal is not clear.The development brings an abrupt close…
