The number of Americans filing for unemployment benefits edged down last week, remaining within historically low levels they’ve held since the economy clawed its way back from the COVID-19 slump.According to the Labour Department, applications for jobless claims for the week ending August 9 fell by 3,000 to 224,000. It was below the economists’ forecast…
Wall Street retreated from record levels on Thursday after US government data showed wholesale inflation rose more than expected last month, dimming hopes for imminent interest rate cuts.The S&P 500 slipped 0.2% from its all-time high set on Wednesday, while the Dow Jones Industrial Average fell 104 points, or 0.2%, and the Nasdaq composite eased…
Renowned for brokering peace between long-feuding nations, US President Donald Trump may have unwittingly achieved what once seemed improbable — a thaw in India-China relations, or at least the first signs of one.Despite Beijing’s backing of Pakistan during Operation Sindoor in the wake of the Pahalgam terror attack, the recent easing of tensions between New…
Debt-laden Vodafone Idea reported a consolidated net loss of Rs 6,608 crore for the quarter ended June 30, 2025, widening from Rs 6,426.7 crore a year earlier, as higher finance costs weighed on earnings.Revenue from operations rose about 5% to Rs 11,022.5 crore in the April–June period, compared with Rs 10,508.3 crore in the same…
Markets regulator Sebi has rolled out an investor awareness campaign on All India Radio (AIR) to warn against fraudulent activities in the securities market, particularly those executed through social media platforms.The initiative, the regulator said, aims to “caution investors to protect themselves from fraudsters, to curb fraudulent activities taking place on social media platforms, and…
Gold loan NBFC Muthoot Finance shares surged nearly 10 per cent on Thursday after the company posted a 65 per cent year-on-year jump in consolidated profit after tax (PAT) for the June quarter.The stock climbed 9.83 per cent to close at Rs 2,757.55 on the BSE, after touching an intra-day high of Rs 2,799 —…
Gold rate today: Gold prices in the national capital rose Rs 400 to Rs 1,01,420 per 10 grams on Thursday, supported by fresh buying from stockists and firm global trends, according to the All India Sarafa Association. The yellow metal of 99.9% purity had closed at Rs 1,01,020 in the previous session.Gold of 99.5% purity…
AI image India’s manufacturing industry has a ‘rare opportunity to leapfrog global incumbents’ by moving away from its low-cost production image and embracing innovation-led growth, according to Accel’s Advanced Manufacturing Report 2025, released on Thursday.As per news agency PTI, the global venture capital firm identified precision engineering, aerospace, EV components, semiconductors, robotics, and advanced materials…
US President Donald Trump and Russian President Vladimir Putin are poised to meet on Friday for high-stakes talks that will center around the grinding war in Ukraine, along with “huge” economic potential between their countries. Moreover, the success of the talks matter for India as well as the country faces additional 25% US tariffs because…
India’s merchandise exports touched $37.24 billion in July, marking a 7.29% increase from $34.71 billion a year earlier, according to government data released Thursday. The trade deficit for the month came in at $27.35 billion.Imports rose 8.6% year-on-year to $64.59 billion in July, PTI reportedCumulatively, in April–July 2025-26, exports grew 3.07% to $149.2 billion, while…
