Business

New York: Among the threats tariffs pose to the US economy, none may be as strange as the sell-off in the dollar. Currencies rise and fall all the time because of inflation fears, central bank moves and other factors. But economists worry that the recent...

New Delhi: Prime Minister Narendra Modi spoke to Elon Musk, world's richest person with a strong influence in the US administration, Friday as they discussed the immense potential for collaboration in areas of technology and innovation. Modi said on X after speaking to Musk, whose...

In a significant move to streamline the health insurance process, the Centre is planning to mandate that insurers approve cashless authorisation requests within one hour and settle final claims within three hours, according to sources close to the development. The proposed changes are part of...

Mumbai: Indian stock markets ended sharply higher Thursday, extending their winning run for the fourth straight session as strong buying in banking shares helped the domestic indices clock a robust performance. The Sensex opened slightly lower at 76,968 and dropped to the day's low of...

New Delhi: Gensol Engineering's promoters treated the listed company as a proprietary firm, diverting corporate funds to buy a high-end apartment in The Camellias, DLF Gurgaon, splurging on a luxury golf set, paying off credit cards, and transferring money to close relatives, Sebi revealed in...

Bangkok: World shares were mostly lower Wednesday as stocks of Nvidia and other technology companies were walloped by tighter US controls on exports of advanced computer chips used for artificial intelligence. The future for the S&P 500 was down 0.8 per cent while that for...

New Delhi: Gold prices soared by Rs 1,650 to hit an all-time high of Rs 98,100 per 10 grams in the national capital Wednesday amid a global rush for safe-haven buying triggered by an escalated trade war between the US and China. According to the...

Mumbai: Equity benchmark indices Sensex and Nifty closed higher for the third straight day Wednesday following buying in blue-chip banking stocks and fresh foreign fund inflows as retail inflation slipping to near six-year lows raised hopes of further rate cuts. Defying a weak global market...

Seoul: The United States has tightened restrictions on the export of Nvidia’s H20 artificial intelligence (AI) chips to China — a move that could have ripple effects across the global semiconductor industry. However, experts believe that the immediate impact will vary from country to country,...

Washington: The row between Harvard University and US President Donald Trump escalated further after the elite university refused to accept far-reaching policy changes ordered by the White House, and Trump threatened to strip it of its tax-exempt status. As it is Harvard University is facing...