NEW DELHI: After a gap of nearly two months, India and the US will hold talks on trade issues, with a team led by chief negotiator due to visit Washington soon. While dates are being finalised, US ambassador to India Sergio Gor said: “The US and India have previously agreed to a trade deal, and…
MUMBAI: With the US-Iran ceasefire in West Asia looking fragile, sensex gave up part of Wednesday’s gains to close 931 points lower at 76,632 points on Thursday as foreign funds continued to lead the selloff. Investors around the world were skeptical about the continuation of the truce that was announced on Tuesday as Israel, a…
MUMBAI: Sensex could hit 95,000 points by Dec according to a Morgan Stanley report. They are banking on a handful of tailwinds, which they believe, are set to support a strong bull rally in Indian stocks. The sensex target level has a 50% chance while there’s a 20% probability that it could run past the…
Crypto prices and U.S. stocks rallied Thursday on diminishing Middle East worries, but Circle (CRCL), Bullish (BLSH) and Coinbase (COIN) all posted sizable declines. Circle tumbled 9.9% to $85.10 after Compass Point downgraded the stock to Sell from Neutral and cut its price target by $2 to $77. The brokerage said USDC has held up…
NEW DELHI: Indian exporters on Thursday flagged their concern over the charges being levied by shipping lines as well as gaps in the ECGC scheme announced by commerce department, while seeking measures to address concerns related to packaging material, which is in short supply. At a meeting on the West Asia crisis with commerce secretary…
BENGALURU: TCS remains optimistic about growth despite a muted FY26 performance, citing strong AI-led momentum and a steady deal pipeline. The company reported a 2.4% decline in constant-currency revenue-which excludes the impact of exchange rate fluctuations-while in dollar terms, revenue fell 0.5% to $30 billion. However, operating margin rose 70 basis points to 25%, a…
NEW DELHI: Shaktikanta Das, principal secretary to PM, on Thursday said that the West Asia crisis highlighted the importance of energy security and self-reliance, while asserting that India is seen as a “safe anchor” as it offers stability, predictability and prospects of long-term growth amid global uncertainty. “Even with all the turbulence around the world,…
NEW DELHI: An Indian Army contingent has departed for Egypt to participate in the fourth edition of the India-Egypt Joint Special Forces Exercise — Cyclone-IV — scheduled to be conducted at Anshas from April 9-17.The exercise is a continuation of growing military cooperation between the two countries, and follows successful conduct of the previous edition…
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