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India-US relations will be on a very firm footing with Trump's victory: Jyotiraditya Scindia

India-US relations will be on a very firm footing with Trump's victory: Jyotiraditya Scindia

Wed, Nov 06, 2024

India and US relationship will be on "a very firm footing" with Donald Trump returning to the White House, as the cooperation between the two nations extends from environment to technology, space and defence, Union Minister Jyotiraditya Scindia said Wednesday.

China's exports grow 7% in July, less than forecasts, while imports pick up pace

China's exports grow 7% in July, less than forecasts, while imports pick up pace

Wed, Aug 07, 2024

Imports climbed 7.2% to $215.9 billion, picking up momentum on stronger trade with other Asian countries that now supply many industrial components, materials and consumer products to China. Exports to the United States rose 2.4% year-on-year while shipments to Southeast Asian countries, now Beijing's biggest trading partner overall, jumped 11%.

Shortages key to copper's upward price trajectory to new peaks

Shortages key to copper's upward price trajectory to new peaks

Tue, Apr 23, 2024

A pick-up in manufacturing activity, particularly in top consumer China where surveys of purchasing managers have started to show expansion has also contributed to enthusiasm for copper which this week hit a two-year peak at $9,988 a ton for a gain of 25 per cent since early October.

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Gold hits five-month peak as dollar slips after US jobs data

Gold hits five-month peak as dollar slips after US jobs data

Fri, Dec 07, 2018

Gold, which is considered a safe investment during times of financial, economic and geopolitical uncertainty, has recovered about 7 percent from 19-month lows hit in mid-August.

US appeals court to hear arguments to stop AT&T purchase of Time-Warner

US appeals court to hear arguments to stop AT&T purchase of Time-Warner

Thu, Dec 06, 2018

The U.S. Justice Department goes before an appeals court on Thursday to urge a three-judge panel to overturn a lower court ruling and order wireless carrier AT&T Inc to undo its $85.4 billion purchase of entertainment company Time Warner, one of the largest media mergers ever.

China hails Trump-Xi summit, says ''very confident'' in trade deal

China hails Trump-Xi summit, says ''very confident'' in trade deal

Thu, Dec 06, 2018

China on Thursday expressed confidence in striking a trade deal with the United States within their 90-day ceasefire period, praising the recent meeting between U.S. President Donald Trump and Chinese President Xi Jinping as highly successful.

New investing trend grabs imaginations in India! Investors bet big money on it

New investing trend grabs imaginations in India! Investors bet big money on it

Tue, Dec 04, 2018

Non-financial data is turning key for investors, shows a recent trend and investors are actually putting it to use by betting their money on it. Besides this, finance teams need to manage this information with same rigour and assurance as financial information, said an EY survey.

Microsoft surpasses Apple to become most valuable US company

Microsoft surpasses Apple to become most valuable US company

Sat, Nov 24, 2018

Microsoft has become the most valuable US company with $753.3 billion in market capitalisation, riding past Apple for the first time since 2010 when it came close to the Cupertino-based tech giant.

Online festive sale in India flares up on 'Black Friday'

Online festive sale in India flares up on 'Black Friday'

Sat, Nov 24, 2018

The American shopping festival of Black Friday suddenly gained a buzz in India, thanks to e-commerce portals offering sales on the occasion, and market participants feel the demand for products online has been positive so far in the day.

'One mn cloud computing jobs to be created by 2022 in India'

'One mn cloud computing jobs to be created by 2022 in India'

Fri, Nov 23, 2018

With cloud computing becoming more prevalent in companies, both large and small, the global requirement for professionals is steadily on the rise and over over a million jobs in the sector will be created in the country by 2022, according to a report.

Oil hits 2018 lows on emerging supply glut, OPEC expected to cut

Oil hits 2018 lows on emerging supply glut, OPEC expected to cut

Fri, Nov 23, 2018

Oil prices slumped to 2018 lows on Friday in choppy trading, pulled down an emerging crude supply overhang amid a bleak economic outlook.

Americans more negative on Twitter than Canadians: Study

Americans more negative on Twitter than Canadians: Study

Thu, Nov 22, 2018

With their choice of words on Twitter, Americans appear to be living up to their national stereotype as negative and assertive, while Canadians tend to be nice and polite on the microblogging platform, suggests an analysis of nearly 40 million tweets.

Nearly half of German firms expect growing trade strains between Europe and US

Nearly half of German firms expect growing trade strains between Europe and US

Mon, Nov 19, 2018

US President Donald Trump and European Commission President Jean-Claude Juncker struck an agreement in July that should shield European firms from U.S. auto tariffs while the two sides continue to work on trade issues.

Goldman Sachs bankers 'cheated' Malaysia over 1MDB, says Malaysian PM Mahathir Mohamad

Goldman Sachs bankers 'cheated' Malaysia over 1MDB, says Malaysian PM Mahathir Mohamad

Tue, Nov 13, 2018

Goldman`s stock fell to a near two-year low on Monday after Malaysia`s Minister of Finance Lim Guan Eng said his country would seek a "full refund" of the around $600 million in fees the bank earned from raising $6.5 billion for the fund.

Iran sells more oil to private exporters to bypass US curbs

Iran sells more oil to private exporters to bypass US curbs

Sun, Nov 11, 2018

Iran sold 700,000 barrels of crude oil to private companies for export on Sunday in a second round of sales aimed at countering U.S. sanctions on the country`s exports, oil ministry news website SHANA reported.

Big setback for Apple, iPhone X quality problems revealed; repair must

Big setback for Apple, iPhone X quality problems revealed; repair must

Sat, Nov 10, 2018

Apple Inc said on Friday it had found some issues affecting some of its iPhone X and 13-inch MacBook pro products and said the company would fix them free of charge.

Big disappointment! Netflix CEO Hastings says no plans for cheaper India offerings

Big disappointment! Netflix CEO Hastings says no plans for cheaper India offerings

Sat, Nov 10, 2018

Netflix chief executive Reed Hastings said that the streaming video company had no plans for cheaper prices in the hotly competitive India market and that an executive`s comments suggesting otherwise had been "misunderstood."

Draft indictment detailed Trump's role in hush money scheme

Draft indictment detailed Trump's role in hush money scheme

Sat, Nov 10, 2018

Federal prosecutors have prepared an 80-page indictment against Donald Trump`s former lawyer Michael Cohen that outlined the US President`s role in directing payments to women to keep quiet about alleged affairs, the Wall Street Journal reported.

US denies pursuing containment policy with China

US denies pursuing containment policy with China

Sat, Nov 10, 2018

US Secretary of State Mike Pompeo has said that Washington was not trying to contain China, but rather to persuade Beijing to adjust its approach in matters related to military expansion and respect for human rights.

US H-1B visa: Bad news for Indian techies, Donald Trump wants to dump 'outsourcing'

US H-1B visa: Bad news for Indian techies, Donald Trump wants to dump 'outsourcing'

Fri, Nov 09, 2018

The Donald Trump administration wants to make changes in the existing US H-1B visa provisions for it to play a better role in attracting highly skilled foreign workers as opposed to the what it has now evolved into an "outsourcing" role, the White House said Thursday.

US, China should ensure G20 talks go well, senior diplomat says

US, China should ensure G20 talks go well, senior diplomat says

Thu, Nov 08, 2018

The United States and China must work to ensure that talks between their leaders at a G20 summit this month go well and they manage differences, a top Chinese diplomat said, as the two countries try tentatively to get ties back on track.

Oil rises as China reports record crude imports, but soaring US output caps gains

Oil rises as China reports record crude imports, but soaring US output caps gains

Thu, Nov 08, 2018

Oil prices rose on Thursday after record Chinese crude imports eased concerns that a slowdown in the world`s No.2 economy could stoke an emerging fuel glut.

US experts hail move to exempt India from certain sanctions for Chabahar Port development in Iran

US experts hail move to exempt India from certain sanctions for Chabahar Port development in Iran

Thu, Nov 08, 2018

The US' decision to exempt India from imposition of certain sanctions for the development of the strategically-located Chabahar Port in Iran, along with the construction of the railway line connecting it with Afghanistan, has been welcomed by prominent think tanks here as a "right call".

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