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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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Economists pitch for 'out-of-box' Budget to FM Arun Jaitley

Economists pitch for 'out-of-box' Budget to FM Arun Jaitley

Wed, Dec 21, 2016

Government should make the best use of demonetisation and come out with a Budget full of out-of-box ideas, economists told Finance Minister Arun Jaitley in New Delhi.

Australia inks mega deal to buy French submarines

Australia inks mega deal to buy French submarines

Tue, Dec 20, 2016

Australia on Tuesday signed a mega deal to purchase a fleet of next-generation submarines from France, with Prime Minister Malcolm Turnbull hailing the vessels` "cutting-edge technology".

General Motors to shut five US plants temporarily in January

General Motors to shut five US plants temporarily in January

Tue, Dec 20, 2016

General Motors (GM) plans to temporarily shut five US manufacturing plants in January in response to lower demand, a spokeswoman said on Monday. The biggest US automaker will shutter the plants for one to three weeks at the start of the year.

US Fed's Janet Yellen says job market strong, signs of wage growth

US Fed's Janet Yellen says job market strong, signs of wage growth

Tue, Dec 20, 2016

The US job market is at its strongest since the start of the financial crisis and there are signs workers will start to see the benefits in their paychecks, US Federal Reserve Chair Janet Yellen said on Monday.

Volkswagen agrees to spend up to C$2.1 billion over Canadian emissions

Volkswagen agrees to spend up to C$2.1 billion over Canadian emissions

Tue, Dec 20, 2016

Volkswagen AG has agreed to spend up to $2.1 billion Canadian dollars to buy back or fix 105,000 polluting diesels and compensate owners in Canada, the company said Monday.

Rupee depreciates by 6 paise against dollar in early trade

Rupee depreciates by 6 paise against dollar in early trade

Mon, Dec 19, 2016

Rupee depreciated by 6 paise to 67.82 against the US dollar in early trade on Monday at the Interbank Foreign Exchange due to increased demand for the American unit from importers amid foreign fund outflows.

Oil prices rise in anticipation of tighter 2017 market

Oil prices rise in anticipation of tighter 2017 market

Mon, Dec 19, 2016

Oil prices inched up on Monday in anticipation of tighter crude supply going into 2017 following the decision by OPEC and other producers to cut output to prop up prices.

Services to form 25% of global trade by 2030: HSBC

Services to form 25% of global trade by 2030: HSBC

Sun, Dec 18, 2016

As economic and political headwinds slow global trade in commodities and manufactured goods, opportunities linked to services will be more and are expected to form 25% of global trade in a sustained manner by 2030, a report by HSBC has said.

US judge 'optimistic' for deal in 3.0-litre diesel Volkswagen case

US judge 'optimistic' for deal in 3.0-litre diesel Volkswagen case

Sat, Dec 17, 2016

A US federal judge overseeing the Volkswagen emissions scandal said on Friday he is optimistic about reaching an agreement for the last 80,000 vehicles affected in the United States (US). A new hearing has been set for Monday to review the German automaker`s proposals.

Battle in China became global, says Uber's CEO Travis Kalanick on exit from country

Battle in China became global, says Uber's CEO Travis Kalanick on exit from country

Sat, Dec 17, 2016

Months after selling its stake in China, Uber CEO Travis Kalanick on Friday said it sold its stake to rival Didi since the "battle in China became global", prompting the US-based company to focus on other areas such as Ubereats, driverless cars and markets like India.

Richmond Fed's Jeffrey Lacker says more than three rate hikes likely needed in 2017

Richmond Fed's Jeffrey Lacker says more than three rate hikes likely needed in 2017

Sat, Dec 17, 2016

The US Federal Reserve will likely need to raise interest rates more than three times next year and faces challenges in gradually cooling off the US economy, Richmond Fed President Jeffrey Lacker said on Friday.

Volkswagen agrees to pay $200 million into US pollution reduction fund

Volkswagen agrees to pay $200 million into US pollution reduction fund

Sat, Dec 17, 2016

Volkswagen AG has agreed to pay more than $200 million into a fund created to cut diesel pollution, part of its agreement over about 80,000 3.0-litre diesel vehicles that emitted more than the US legal limit, a person briefed on the settlement told Reuters.

China urges calm on yuan after US rate hike

China urges calm on yuan after US rate hike

Fri, Dec 16, 2016

The mouthpiece of China’s Communist Party said on Friday there was “no need to worry too much” about downward pressure on the yuan as the currency wallows at more than eight-year lows against the dollar.

Oracle's revenue growth falls short of analysts' expectations

Oracle's revenue growth falls short of analysts' expectations

Fri, Dec 16, 2016

Business software maker Oracle Corporation`s adjusted revenue missed analysts` estimates for the seventh time in the last eight quarters, showing that its shift to cloud-based offerings is taking longer than Wall Street expected.

Govt expects high FDI inflow momentum to continue in 2017

Govt expects high FDI inflow momentum to continue in 2017

Fri, Dec 16, 2016

Pinning hopes on a slew of foreign direct investment (FDI) reforms unveiled by the government in 2016, the government expects that the momentum of high FDI inflows will continue in the new year. FDI inflows in January-September jumped 21% to $32.18 billion.

Oil prices edge up as Kuwait cuts supplies by more than expected

Oil prices edge up as Kuwait cuts supplies by more than expected

Fri, Dec 16, 2016

Oil prices edged up on Friday after market sources said Kuwait had told customers it was cutting supplies by more than initially expected from January as part of a coordinated effort by oil producers to drain a global glut.

China launches WTO dispute resolution case against US, EU

China launches WTO dispute resolution case against US, EU

Mon, Dec 12, 2016

China said on Monday it had launched a dispute resolution case at the World Trade Organisation (WTO) over the surrogate country approach used by the United States (US) and European Union (EU) to calculate anti-dumping measures against Chinese exports.

Growth in global coal demand to slow over next five years: IEA

Growth in global coal demand to slow over next five years: IEA

Mon, Dec 12, 2016

Growth in global coal demand will slow over the next five years due to lower consumption in China and the United States (US) and as renewable energy sources gain ground, the International Energy Agency (IEA) said on Monday.

Philips to sell Lumileds majority share for $1.5 billion

Philips to sell Lumileds majority share for $1.5 billion

Mon, Dec 12, 2016

Dutch electronics giant Philips announced on Monday the sale of a majority share in its Lumileds LED lighting business for $1.5 billion (nearly Rs 9,979.13 crore), after cancelling the sale earlier this year over US regulatory concerns.

Stronger US spending under Donald Trump could help Israel, says Bank of Israel's chief

Stronger US spending under Donald Trump could help Israel, says Bank of Israel's chief

Mon, Dec 12, 2016

Bank of Israel Governor Karnit Flug said on Sunday that an expansion of US spending once Donald Trump takes office could benefit Israel`s economy.

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