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Sectors and stocks in focus as Donald Trump set to become 47th US president

Sectors and stocks in focus as Donald Trump set to become 47th US president

Wed, Nov 06, 2024

Markets react positively as Donald Trump looks set to become the 47th US President, with analysts focusing on key sectors like banking, energy, and IT amid currency fluctuations and bond yield shifts.

Air India to cancel around 60 flights on India-US routes in Nov-Dec due to non-availability of aircraft

Air India to cancel around 60 flights on India-US routes in Nov-Dec due to non-availability of aircraft

Thu, Oct 31, 2024

The flights, which have been cancelled during the peak travel period, include services to San Francisco and Chicago, among others, the source said.

Indian Travelers Beware: Police Intensify Action on Counterfeit Products

Indian Travelers Beware: Police Intensify Action on Counterfeit Products

Thu, Jun 20, 2024

Big news for Indians going to US, police strictness on carrying fake products of big brands. See complete details in this video.

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US sues JPMorgan for alleged mortgage discrimination

US sues JPMorgan for alleged mortgage discrimination

Wed, Jan 18, 2017

The United States (US) on Wednesday sued JPMorgan Chase & Co, accusing the bank of discriminating against minority borrowers by charging them higher rates and fees on home mortgage loans between 2006 and at least 2009.

US consumer inflation continues rise at end of 2016

US consumer inflation continues rise at end of 2016

Wed, Jan 18, 2017

US consumer prices continued to rise in December, with one measure of price gains registering its biggest increase in two and a half years, the Labour Department said on Wednesday.

OPEC oil output inches down after November deal

OPEC oil output inches down after November deal

Wed, Jan 18, 2017

OPEC oil production fell in December but remains well above levels envisaged under a recent deal due to take effect from January, the cartel`s new monthly report showed on Wednesday.

Donald Trump tax cuts could mean more Novartis investment in US

Donald Trump tax cuts could mean more Novartis investment in US

Wed, Jan 18, 2017

Donald Trump`s plans to cut US corporate tax rates could trigger increased investment in the United States (US) by Novartis, its chief executive told Reuters, despite the president-elect`s recent harsh words on drug prices.

Deutsche Bank signs $7.2 billion settlement deal with US over risky mortgages

Deutsche Bank signs $7.2 billion settlement deal with US over risky mortgages

Wed, Jan 18, 2017

Deutsche Bank finalised a $7.2 billion settlement with the US Department of Justice over its sale of toxic mortgage securities in the run-up to the 2008 financial crisis, the government agency said on Tuesday.

Britain will leave European Union's single market, PM Theresa May says

Britain will leave European Union's single market, PM Theresa May says

Tue, Jan 17, 2017

Britain will leave the EU`s single market when it exits the European Union (EU), Prime Minister Theresa May said on Tuesday, putting an end to speculation that London might try to seek a "soft Brexit".

General Motors says to invest additional $1 billion in US

General Motors says to invest additional $1 billion in US

Tue, Jan 17, 2017

General Motors Co said on Tuesday it would invest an additional $1 billion (nearly Rs 6,652.8 crore) in its US factories, moving some production from Mexico.

Wal-Mart to create 10,000 US jobs in 2017

Wal-Mart to create 10,000 US jobs in 2017

Tue, Jan 17, 2017

Wal-Mart Stores Inc said it would create about 10,000 jobs in the United States (US) this year, adding to its near 1.5 million workforce in the country, by opening or remodeling stores and investing in its e-commerce business.

Investor worries over Donald Trump, US policy on the rise: BAML

Investor worries over Donald Trump, US policy on the rise: BAML

Tue, Jan 17, 2017

Worries over Donald Trump`s economic policies and the potential for US policy errors rose sharply this month, according to a survey of fund managers released on Tuesday, prompting them to hold more cash even though they expect growth and inflation to rise further.

Artificial intelligence adoption driving revenue growth for businesses: Infosys

Artificial intelligence adoption driving revenue growth for businesses: Infosys

Tue, Jan 17, 2017

Artificial intelligence (AI) will play fundamental role in the success of an organisation's strategy but stringent ethical standards are also needed to ensure the success of the new technology, a report by Infosys said on Tuesday.

British American Tobacco agrees terms to buy Reynolds for $49.4 billion

British American Tobacco agrees terms to buy Reynolds for $49.4 billion

Tue, Jan 17, 2017

British American Tobacco (BAT) has agreed a $49.4 billion (nearly Rs 3,28,645.9 crore) takeover of US rival Reynolds American Inc, creating the world`s biggest listed tobacco company after it nudged up an earlier offer by more than $2 billion (nearly Rs 13,305.5 crore).

Hyundai Motor to boost U.S. investment as automakers respond to Trump

Hyundai Motor to boost U.S. investment as automakers respond to Trump

Tue, Jan 17, 2017

The Hyundai Motor Group said it plans to boost U.S. investment by 50 percent to $3.1 billion over five years and may build a new U.S. factory - the latest auto firm to announce fresh investment after threats from President-elect Donald Trump to tax imports.

Brexit worries push gold prices to highest in over 7 weeks

Brexit worries push gold prices to highest in over 7 weeks

Tue, Jan 17, 2017

Gold prices hit their highest in more than seven weeks on Tuesday, boosted by safe-haven buying ahead of a speech in which British Prime Minister Theresa May is expected to discuss plans for a "hard Brexit".

Air India to soon start direct flights to Washington, Copenhagen

Air India to soon start direct flights to Washington, Copenhagen

Mon, Jan 16, 2017

Outlining its network expansion plans which include new flights and increase in frequencies to the existing domestic and international destinations, Air India on Monday said it expects to roll out non-stop services to Washington and Copenhagen from the national capital in next fiscal.

India's fuel consumption to hit 200 million tonnes in 2016-17: Oil Ministry

India's fuel consumption to hit 200 million tonnes in 2016-17: Oil Ministry

Mon, Jan 16, 2017

India's fuel consumption is likely to hit 200 million tonnes in 2016/17, an oil ministry executive said on Monday, in what would be the highest such level in at least 16 years.

Toyota adds 543,000 vehicles to Takata air bag recalls in United States

Toyota adds 543,000 vehicles to Takata air bag recalls in United States

Fri, Jan 13, 2017

Toyota Motor Corp says it is recalling another 543,000 vehicles in the United States (US) for defective front passenger air bag inflators made by Japan's Takata Corp.

China posts worst export fall since 2009 as fears of US trade war loom

China posts worst export fall since 2009 as fears of US trade war loom

Fri, Jan 13, 2017

China`s massive export engine sputtered for the second year in a row in 2016, with shipments falling in the face of persistently weak global demand and officials voicing fears of a trade war with the United States (US) that is clouding the outlook for 2017.

Funding to VC-backed start-ups declines by 23% globally in Q4 2016

Funding to VC-backed start-ups declines by 23% globally in Q4 2016

Thu, Jan 12, 2017

The deal count for start-ups too dropped below 2,000 for the first time since Q4 2013.

Apple grabs 31.3% phone sales in US, Android on the decline

Apple grabs 31.3% phone sales in US, Android on the decline

Thu, Jan 12, 2017

Apple`s iPhone 7, iPhone 7 Plus and iPhone 6s were the three most popular smartphones in the US at the beginning of the three-month holiday period last year, making a combined share of 31.3%, media reported.

Mobile advertising accounted for more than half of digital ad spends in 2016

Mobile advertising accounted for more than half of digital ad spends in 2016

Wed, Jan 11, 2017

As video consumption on mobile phones increases, more marketers are increasing the mobile ad spends.

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