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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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Honda adds 772,000 vehicles to ongoing air bag recall

Honda adds 772,000 vehicles to ongoing air bag recall

Wed, Jan 11, 2017

Honda Motor Co is recalling 772,000 additional Honda and Acura vehicles in the US for defective front passenger seat air bag inflators made by Japanese supplier Takata Corp.

Will complete investment of Rs 1.25 lakh crore in Gujarat by March: Mukesh Ambani

Will complete investment of Rs 1.25 lakh crore in Gujarat by March: Mukesh Ambani

Tue, Jan 10, 2017

Mukesh Ambani, India's richest person, on Tuesday said his Reliance Industries will complete investment of Rs 1.25 lakh crore in refinery and petrochemical expansion projects in Gujarat by March, exceeding commitments made by Rs 10,000 crore.

Financial technology will be important for India's future: PM Modi

Financial technology will be important for India's future: PM Modi

Mon, Jan 09, 2017

Financial technology will be important for India's future, Bloomberg reported quoting Prime Minister Narendra Modi as saying on Monday while inaugurating India International Exchange at Gujarat International Finance Tec-City (GIFT) in Gandhinagar in Gujarat.

Demonetisation just a bump; India to maintain 7% GDP growth: Cisco

Demonetisation just a bump; India to maintain 7% GDP growth: Cisco

Mon, Jan 09, 2017

Describing demonetisation as only a "bump", Cisco Executive Chairman John Chambers on Monday said India is well-positioned to maintain gross domestic product (GDP) growth rate of over 7% for the next few years and it should be a "top ally" for the US in the Asia Pacific region.

Volkswagen to keep Mexico factories, executive says

Volkswagen to keep Mexico factories, executive says

Mon, Jan 09, 2017

The head of the Volkswagen (VW) brand of cars said his company would continue to manufacture in Mexico and pledged to produce electrified vehicles in the United States (US).

India to suffer damage due to US-China trade war: Assocham

India to suffer damage due to US-China trade war: Assocham

Sun, Jan 08, 2017

India may suffer collateral damage to its economy if it finds itself in the crossfire in the escalating trade war triggered by US President-elect Donald Trump with Mexico and China, industry chamber Assocham said on Sunday.

Global economy week ahead: Investors all ears as Trump set to break silence

Global economy week ahead: Investors all ears as Trump set to break silence

Sun, Jan 08, 2017

U.S. and Chinese data and an expected news conference by U.S. President-elect Donald Trump in the coming week may shed some light on the state of the world`s two biggest economies - and the outlook for relations between them.

US job growth slows, but wages rebound strongly

US job growth slows, but wages rebound strongly

Fri, Jan 06, 2017

US employment increased less than expected in December but a rebound in wages pointed to sustained labour market momentum that sets up the economy for stronger growth and further interest rate increases from the US Federal Reserve this year.

IT stocks slump 4% on concerns over H1-B visa

IT stocks slump 4% on concerns over H1-B visa

Fri, Jan 06, 2017

IT stocks fell as much as 4% on Friday amid concerns that a bill backing key changes in the H1-B Visa programme, that allows skilled workers from countries like India to fill high-tech jobs in the US, has been re-introduced in the US Congress.

Citi India reduces home loan rates by 0.7% to 8.80%; effective January 9

Citi India reduces home loan rates by 0.7% to 8.80%; effective January 9

Fri, Jan 06, 2017

In a bid to provide competitive housing loan interest rates to home buyers, Citi India announced revision of its home loan rate by 0.7% on Friday.

US president-elect Donald Trump drops plan of investing in Pune's realty

US president-elect Donald Trump drops plan of investing in Pune's realty

Fri, Jan 06, 2017

US president-elect Donald Trump's real estate development and property management firm Trump Organisation is reported to have dropped its plans of investing in realty project in Pune city of western part of India,

India reluctant to give special tax incentives to Apple to make iPhones

India reluctant to give special tax incentives to Apple to make iPhones

Thu, Jan 05, 2017

India is resisting Apple Inc`s demand for tax incentives to make iPhones in the country, with the trade minister saying on Thursday that New Delhi may not make exceptions for the US tech giant.

After Mexico plant, will Ford cancel plans to export India-made EcoSport to the US?

After Mexico plant, will Ford cancel plans to export India-made EcoSport to the US?

Thu, Jan 05, 2017

Ford recently cancelled its plans to invest in building a new manufacturing plant in Mexico after criticism from Donald Trump.

Uber's SwitchtoPOOL campaign helps India to save 5.5 million Kms of vehicle travelled during Dec to Jan

Uber's SwitchtoPOOL campaign helps India to save 5.5 million Kms of vehicle travelled during Dec to Jan

Thu, Jan 05, 2017

Taxi-hailing app Uber is betting big on its UberPOOL in India in 2017.

Amazon India records 160% year-on-year growth rate in seller base in 2016

Amazon India records 160% year-on-year growth rate in seller base in 2016

Thu, Jan 05, 2017

Amazon announced on Thursday of recording 160% year-on-year (y-o-y) rise in its India seller base growth rate in 2016.

Slumping Macy's to cut up to 10,100 jobs in US

Slumping Macy's to cut up to 10,100 jobs in US

Thu, Jan 05, 2017

Macy`s unveiled plans Wednesday to cut as many as 10,100 jobs as the iconic US retailer closes stores and downsizes following another disappointing holiday sales season.

ISRO to launch record 103 satellites in one go in February

ISRO to launch record 103 satellites in one go in February

Wed, Jan 04, 2017

ISRO will launch a record 103 satellites in one go using its workhorse PSLV-C37 in the first week of February, while Prime Minister Narendra Modi's pet South Asian satellite project will take off in March.

China central bank adviser calls for flexible 2017 growth target

China central bank adviser calls for flexible 2017 growth target

Sun, Jan 01, 2017

The Chinese government should set a more flexible target for economic growth this year to give more space for reform efforts, a central bank adviser told the official Xinhua news agency in comments published on Sunday.

South Korea December exports rise on semiconductors, machinery amid nascent recovery

South Korea December exports rise on semiconductors, machinery amid nascent recovery

Sun, Jan 01, 2017

South Korean exports in December rose for a second straight month, data showed on Sunday, adding to hopes for a firm turnaround in shipments that have fallen for most of the past two years.

Foxconn to invest $8 billion in China LCD plant

Foxconn to invest $8 billion in China LCD plant

Sat, Dec 31, 2016

Taiwan tech-giant Foxconn plans to build an $8.8-billion factory in China, state media said on Saturday, amid reports its billionaire boss is cooling off on future US investments.

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