US stocks traded near record levels on Tuesday, with the Dow Jones Industrial Average touching an intraday all-time high as falling oil prices and optimism over a US-Iran peace deal lifted investor sentiment.The Dow rose 360.77 points, or 0.70 per cent, to 52,031.80 in morning trading, setting a fresh intraday record.The S&P 500 gained 7.49…
NEW DELHI: Air India airlines on Tuesday announced their ‘basic fare option’ which will not include complementary meals on domestic flights. This decision comes as the airlines deals with rising operating costs and overall losses.The airline said the newly introduced Basic fare will be entirely optional, while passengers will continue to have access to the…
Benchmark equity indices Sensex and Nifty continued their upward momentum for the third consecutive session on Tuesday, helped by positive global market trends, foreign fund inflows and easing crude oil prices after the reported peace deal between the US and Iran, reported PTI.The 30-share BSE Sensex gained 544.15 points, or 0.71 per cent, to close…
US President Donald Trump on Tuesday said Washington would soon be in a position to reimpose sanctions on Russian oil shipments after crude flows resumed through the Strait of Hormuz following a deal with Iran to end the Middle East conflict.Speaking on the sidelines of the G7 summit in France, Trump said, “Soon we will…
India’s rice stocks in government warehouses rose 15 per cent year-on-year to a record high at the start of June, while wheat inventories climbed to their highest level in five years following strong procurement from farmers, according to official data.State reserves of rice, including unmilled paddy, stood at a record 68.43 million metric tonnes as…
File photo (AP) NEW DELHI: The West Asia conflict has quietly altered India’s trade map. During April-May 2025, Oman was the 30th largest source of imports for India.In the first two months of the current financial year, helped by energy, Oman moved up to 10th spot, thanks to a 3.8 times jump in imports to…
NEW DELHI: India’s automobile industry recorded its highest-ever sales for the month of May, with passenger vehicles (PVs), two-wheelers and three-wheelers all posting double-digit growth, according to data released by the Society of Indian Automobile Manufacturers (Siam) on Monday.Passenger vehicle sales rose 27.3% year-on-year to 4.3 lakh units in May, while two-wheeler sales climbed 14.8%…
NEW DELHI: In late 2020, during a pandemic-induced gap period before starting their freshman year at Stanford, Aadit Palicha and Kaivalya Vohra incorporated Kiranakart Technologies in Mumbai. After a pivot from a traditional grocery aggregator model to a hyper-local dark store network in mid-2021, they chose to officially drop out of their deferred university seats…
MUMBAI: The West Asia peace deal between US and Iran which could eventually end the war in the region, lifted sensex by 736 points on Monday. The index closed at 76,264 points. The day also witnessed foreign funds turning net buyers of equities after remaining net sellers for days altogether, crude prices plunging more than…
MUMBAI: Reserve Bank of India has finalised its consumer protection framework under responsible business conduct guidelines, tightening rules on mis-selling, deceptive digital practices & unauthorised bundling, and shifting to a prescriptive regime.The directions impose a strict consent-capture and interface-design protocol, closing gaps left in the Feb 11 draft. According to the framework, banks must capture…
