US stock market today: Wall Street drifts in mixed trading; oil prices rise another 3%

US stock market today: Wall Street drifts in mixed trading; oil prices rise another 3%

US stock market today: With stock prices already trading close to record highs, companies are under pressure to at least meet the market’s elevated expectations. US stock market today: Shares of chipmakers and other companies that have benefited from the artificial intelligence boom retreated again on Wednesday, dragging Wall Street lower, while oil prices climbed…

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Bharat Petroleum Corporation Ltd: BPCL posts Rs 3,962 crore Q1 loss as high crude prices squeeze fuel margins

Bharat Petroleum Corporation Ltd: BPCL posts Rs 3,962 crore Q1 loss as high crude prices squeeze fuel margins

BPCL reported its first quarterly loss in 15 quarters (file photo) State-owned Bharat Petroleum Corporation Ltd (BPCL) on Wednesday reported a consolidated net loss of Rs 3,962.13 crore for the April-June quarter of FY2026-27, its first quarterly loss in 15 quarters, as elevated crude oil prices and regulated fuel prices eroded marketing margins.The company had…

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Donald Trump administration's 10% tariff on most Indian goods expires on July 24: What happens after that?

Donald Trump administration’s 10% tariff on most Indian goods expires on July 24: What happens after that?

Washington: On Friday, the 10% tariff that has applied to most goods India ships to the US since February expires. It was always meant to. The measure was temporary by statute, a stop-gap improvised after the US Supreme Court demolished the legal basis of Donald Trump’s original tariff regime. US President Donald Trump has slapped…

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Universal provident fund scheme: How PF for gig workers, self-employed could work & why it would be a game-changer

Universal provident fund scheme: How PF for gig workers, self-employed could work & why it would be a game-changer

Experts say that if implemented, this could be one of the most significant expansions of India’s social security framework in recent decades. A Universal Provident Fund Scheme that includes workers in the unorganised sector, gig workers and the self-employed is in the works with an aim to provide retirement security to the population. In what…

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‘India-US trade deal will unleash animal spirits’: Economist Surjit Bhalla sees China benefitting if it doesn’t happen

India-Us Trade Deal: ‘We literally have the paper’: US says India trade deal could be signed in months

The report argues that the US has increasingly adopted a negotiation strategy built around uncertainty (Representative image) A long-awaited India-US trade agreement could be signed within the next three to four months, with negotiations between the two countries now virtually complete, a senior US official said on Wednesday.Speaking on the sidelines of the Asean Foreign…

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Running on rollovers: Pakistan's reserves get $27 billion foreign loans from Saudi, China

Running on rollovers: Pakistan’s reserves get $27 billion foreign loans from Saudi, China

Pakistan continued to lean towards foreign funding in the last fiscal year, with total inflows touching around $27 billion. Saudi Arabia and China continued to roll over billions of dollars in loans, according to a provisional report by the ministry of economic affairs. In the previous fiscal year, the country had borrowed approximately $26 billion,…

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