Category: Bussiness

[ad_1] Gold prices rose on Friday and were headed for a weekly gain, supported by a weaker dollar and lingering geopolitical tensions, while focus remained on U.S.-China trade talks due this weekend. Spot gold was up 0.7% to $3,326.99 an ounce U.S. The metal has gained 2.5% so far…

[ad_1] Forex traders said the rupee opened on a weak note on the escalation of hostility between India and Pakistan, however, RBI intervened to prevent major weakness The rupee pared its initial losses and settled for the day higher by 17 paise at 85.41 (provisional) against the US dollar on Friday, as likely intervention by…

[ad_1] Vulnerable beneficiaries are being left without essential support as charities across the UK are forced to scale back services or halt expansion plans due to surging operational costs, according to leading audit, tax and business advisory firm Blick Rothenberg. The warning comes amid growing concern that increased National Insurance Contributions (NICs) and the rising…

[ad_1] Asia-Pacific markets were mixed Friday as investors parsed China’s exports-imports data for April, with focus also on impending trade talks between Beijing and Washington. In Japan, the Nikkei 225 leaped 574.70 points, or 1.6%, to 37,503.33. In Hong Kong, the Hang Seng gained 91.82 points, or 0.4%, to 22,867.74. CHINA …

[ad_1]  Starlink, which recently received a Letter of Intent to begin operations, is partnering with Jio and Airtel to enter the Indian market.  Telecom regulator TRAI on Friday released its recommendations on pricing of spectrum to be given for satellite-based internet services, suggesting a levy of 4 per cent of annual revenues as fee on…

[ad_1] British carmakers and manufacturers have welcomed the newly signed UK-US trade deal, which includes a significant reduction in tariffs on automotive and steel exports, offering long-awaited relief to key industrial sectors. The agreement — the first struck under President Trump’s renewed trade agenda — eliminates proposed American tariffs of 27.5% on British steel and…

[ad_1] The US is India’s largest trading partner, with bilateral trade totalling some $129 billion in 2024.  India has offered to slash its tariff gap with the US to less than 4 per cent from nearly 13 per cent now, in exchange for an exemption from US President Donald Trump’s “current and potential” tariff hikes,…

[ad_1] British Airways parent company International Consolidated Airlines Group (IAG) has committed to a massive $23 billion aircraft order, brushing off concerns about softening transatlantic travel demand amid President Trump’s escalating global trade wars. In a confident update to investors, the £14 billion FTSE 100 airline group said it remained on track to hit its…

[ad_1] Volatility remained elevated with the India VIX maintaining levels near one-month highs.  Markets pared some early losses by midday trading on Friday, though they remained firmly in negative territory as investors continued to respond to escalating geopolitical tensions between India and Pakistan. The BSE Sensex was trading at 79,465.19, down 869.62 points or 1.08…

[ad_1] The civil defence directorate will carry out testing of an air raid siren installed atop the multistorey PWD building in ITO on Friday afternoon, according to an official statement. The testing will commence at 3 pm and will be carried out for a period of 15-20 minutes, it said. The testing comes amid intensified…