NEW DELHI: The Centre on Wednesday said it is in touch with the United States regarding a Section 301 investigation linked to concerns over forced labour and excess industrial capacity.Earlier, the Office of the United States trade representative (USTR) named India among countries it believes follow unfair trade practices. Based on its findings, the USTR…
For Indian investors, domestic gold prices remained comparatively resilient. (AI image) Gold price prediction today: While gold and silver prices are seeing some weakness, in the domestic market gold has managed to exhibit some resilience, says Vedika Narvekar, Research Analyst – Commodities & Currencies, Anand Rathi Shares and Stock Brokers.Gold’s broad consolidation phase from April…
India and the United States may be 99% closer to signing the BTA, but a new proposal from Washington suggests that the trade story isn’t quite finished yet. The United States Trade Representative (USTR) on Wednesday named India among countries that could face additional tariffs over concerns about preventing goods linked to forced labour from…
This moment can be bookmarked as an anchor for a fundamental pivot by chipmakers Nvidia, AMD and Qualcomm. Moving perceptibly from their usual playbook—which centered on pursuing higher clock speeds and more cores—they are attempting to find momentum through versatility, particularly for consumer-focused computing devices. The Nvidia RTX Spark chip, and (right) Intel’s handheld gaming…
The latest flare-up in West Asia has once again pushed Brent crude prices close to the $97-per-barrel mark. (AI image) Stock market crash today: Indian equity benchmarks, Nifty50 and BSE Sensex, tanked in trade on Wednesday as fresh tensions between US and Iran weighed on sentiment and led to crude oil prices rising.Both the Sensex…
After unleashing ‘Epic Fury’ on Iran, the United States has launched another front to step up its pressure on the country. The US, on Tuesday, imposed sanctions on Iran’s largest cryptocurrency exchange, Nobitex, and several of its senior executives, accusing the platform of helping the Iranian government and sanctioned entities bypass Western restrictions. The move,…
Cognitive warmup. A Pizza Hut franchise, which operates more than 110 Pizza Hut outlets in North America, is suing the restaurant giant for using AI that has slowed down once high-performing outlets, resulting in a mess of delays that has hurt sales, seen customer satisfaction plummet and generally been chaotic for restaurant operations. Chaac Pizza…
“Indian equity markets are expected to open on a flat to mildly negative note, with Gift Nifty trading around 23,477, down by 15 points, indicating subdued opening cues for domestic indices. Global markets remained broadly positive on the back of resilient economic data and easing concerns over major geopolitical developments, though investors are likely to…
The development comes as senior trade officials from the US and India are engaged in a three-day round of discussions in New Delhi. (AI image) Amid ongoing India-US trade deal talks, the Office of the United States Trade Representative (USTR) has named India among countries that have unfair trade practices. Based on these findings, the…
The government has tightened rules governing silver imports, requiring all incoming shipments of the metal to be channelled through RBI-designated agencies, entities approved by the Directorate General of Foreign Trade (DGFT), and eligible jewellers authorised by the International Financial Services Centres Authority (IFSCA) through the India International Bullion Exchange (IIBX). Such imports will now require…
