India’s foreign exchange reserves declined by $711 million to $681.610 billion in the week ended June 5, dragged down by a sharp fall in foreign currency assets, according to data released by the Reserve Bank of India (RBI) on Friday, PTI reported.The decline follows an increase of $938 million in the previous reporting week, when…
Sensex and Nifty surged on Friday, ending the week on a strong note after reports of a possible US-Iran peace agreement raised hopes of easing disruptions to global oil supplies and triggered a sharp decline in crude oil prices. stock markets closed in green. (Representational image) The BSE Sensex jumped 1,695.40 points, or 2.3%, to…
SpaceX is set to make its debut on Wall Street on Friday, after a blockbuster IPO. The rocket and satellite giant raised a staggering $75 billion through the sale of 555,555,555 shares priced at $135 each, valuing the company at around $1.77 trillion. If the stock surges after listing, as many investors expect, SpaceX could…
Retail inflation, measured by the Consumer Price Index (CPI), rose to 3.93% in May 2026 from 3.48% in April, according to data released by the government on Friday.Food inflation also increased during the month, with the Consumer Food Price Index (CFPI)-based inflation rate rising to 4.78% from 4.20% in April, the government data showed.The CPI…
Gold prices traded higher in early deals on Friday. The gains came after US President Donald Trump claimed that the conflict involving Iran was “settled, subject to finalisation,” and said he expected an agreement to be signed in the “next few days.” MCX gold climbed above ₹1.50 lakh per 10 grams on Friday. (REUTERS) The…
Pakistan is looking to expand exports of donkey meat and other donkey-derived products to China, where demand is being driven by the perceived “nutritional and medicinal properties” of such products, according to the Pakistan Economic Survey 2025-26 as reported news agency PTI.The survey, released on Thursday by finance minister Muhammad Aurangzeb, identified donkey meat exports…
ITS products tempt you from supermarket shelves everywhere, but you may not know its name. Formed 30 years ago when Klaus Jacobs, a German-born billionaire, folded together France’s Cacao Barry and Belgium’s Callebaut, Barry Callebaut is the world’s biggest chocolate-maker. The Zurich-based firm buys about a quarter of the annual global cocoa harvest and turns…
Stock market rally today (AI image) Stock market today: Nifty50 and BSE Sensex rallied strongly in trade on Friday on hopes that the US and Iran will be able strike a peace deal. The Sensex soared more than 1,500 points, while the Nifty50 reclaimed the 23,500 mark. The sharp rally boosted the cumulative market capitalisation…
The US, country that once refused to export its fuel, has now climbed to the top spot in the global oil export rankings, overtaking crude heavyweights such as Saudi Arabia and Russia. As the world continues to feel the ripples of the ongoing Middle East crisis, US exports of crude and fuel reached around 10.5…
SpaceX priced the largest initial public offering in history on Thursday, selling 555.6 million shares at $135 each to raise $75 billion and valuing Elon Musk’s rocket, satellite and artificial intelligence company at $1.77 trillion. The stock begins trading on the Nasdaq on Friday under the ticker symbol SPCX. At $135, SpaceX’s $1.77 trillion valuation…
