File photo: US President Donald Trump speaks during an event to announce new tariffs on April 2, 2025, in Washington (Picture credit: AP) TOI correspondant from Washington: MAGA boss Donald Trump is preparing to unleash yet another wave of tariffs on dozens of countries, including India, within days, doubling down on his favorite economic weapon…
Artificial intelligence-related stocks remained the primary drivers of the market, building on the previous session’s recovery after suffering sharp declines last week. US stock market today: Wall Street extended its gains on Tuesday, supported by another strong rally in shares of chipmakers and other companies that have benefited from the artificial intelligence boom. Artificial intelligence-related…
Renewed attacks and tensions between the US and Iran have once again de facto closed the Strait of Hormuz. Strait of Hormuz disruptions: Two Indian state-run refiners have cancelled plans to pick up Iraqi crude oil shipments in view of the ongoing disruptions and risks in transiting through the Strait of Hormuz in the Middle…
Is your money doing one of two things: snoozing in a bank deposit that barely keeps pace with inflation after tax, or chasing the latest promise of outperformance — AI stocks, derivatives or crypto? Bank deposits preserve nominal capital but often lose purchasing power after tax and inflation. Chasing high returns usually means taking disproportionate…
Air taxi (representative image) The US Federal Aviation Administration (FAA) is stepping up efforts to support the deployment of air taxis, supersonic passenger aircraft, drones and commercial space launches, as it looks to modernise aviation regulations and accelerate the adoption of next-generation technologies.Speaking to Reuters at the Farnborough International Airshow, FAA deputy administrator Chris Rocheleau…
Sensex falls 443 points as HDFC Bank, Axis Bank drag markets lower Benchmark equity indices ended lower on Monday, weighed down by sharp losses in HDFC Bank and Axis Bank following their quarterly earnings, while renewed US-Iran tensions also dampened investor sentiment. The BSE Sensex fell 442.93 points, or 0.57%, to close at 77,708.52 after…
Like the Strait of Hormuz, the Bab el-Mandeb Strait is a strategically important maritime shipping route. In March 2026, India was faced with an unprecedented oil supply and price shock. Four months from then, India has managed to successfully secure its crude supplies through a diversified procurement basket relying mainly on Russian crude to tide…
In a three-room lab in North Bengaluru, a small black box of two feet by two feet simulates the space environment. It’s the play lab for Jubin Jacob, Gimbal Space’s optical engineer, who experiments with a star tracker inside it. Jacob’s in his early 20s and this is his first job out of college. The…
EARLY IN THE Gulf war, as almost a fifth of the world’s oil and gas supplies were choked off and countries all over Asia scrambled to protect their economies, India looked particularly vulnerable. Not only did it rely on imports for most of its crude oil and more than half its gas, but most of…
SBI Funds Management entered the stock market after attracting robust institutional demand. SBI Funds Management stock listing: Years of employee stock ownership at SBI Funds Management is poised to generate multi-crore wealth for several executives as the country’s largest asset management company enters the stock market. Based on the IPO issue price of Rs 574…
