US China trade talks (AI image) US President Donald Trump on Friday called his conversation with Chinese President Xi Jinping a ‘productive one’. According to Trump, the call touched upon various aspects such as trade, fentanyl, and the TikTok deal. Trump also said he would meet Xi at the APEC Summit in South Korea.“I just…
The commerce ministry reported on September 16 that discussions with the visiting US delegation were constructive. India-US trade deal talks are back on track with commerce minister Piyush Goyal expected to visit America soon. The visit would follow the recent one-day discussions between US Chief Negotiator Brendan Lynch and Indian counterpart Rajesh Agrawal in India,…
MUMBAI: The International Civil Aviation Organization (ICAO) will take up 14 working papers submitted by the International Air Transport Association (IATA) at its 42nd Assembly in Montreal this month. These papers cover aviation safety, sustainability, and efficiency, with a strong focus on boosting Sustainable Aviation Fuel (SAF) production, reaffirming CORSIA as the sole global climate…
Wall Street edged higher on Friday, keeping pace for a potential record-setting week, with the S&P 500 up 0.1% and the Nasdaq rising 0.3%, while the Dow Jones Industrial Average gained 17 points, or less than 0.1%, by 9:35 a.m. Eastern time, AP reported. The gains follow all-time highs hit by the three major indexes…
Gold rate today: Gold prices bounced back in the national capital on Friday, rising by Rs 800 to Rs 1,14,000 per 10 grams, driven by strong global cues amid escalating geopolitical tensions and renewed trade frictions between the US and China. The yellow metal of 99.9 per cent purity had closed at Rs 1,13,200 per…
Japan’s Rating and Investment Information, Inc. (R&I) has upgraded India’s long-term sovereign credit rating from ‘BBB’ to ‘BBB+’ with a Stable Outlook, marking the country’s third sovereign rating upgrade in 2025. The move emphasizes confidence in India’s domestic demand-driven growth and prudent fiscal management, the Government of India announced on Thursday.“Despite the uncertainties surrounding the…
India’s stock markets are being propped up largely by consistent mutual fund investments, which are preventing a sharper fall despite heavy outflows, Jefferies has said in a new report.The brokerage noted that without these steady inflows, the high level of equity supply in the market could have triggered a collapse, news agency ANI reported. “Indian…
The Trump administration has been pushing European allies to accelerate their reduction of Russian fuel imports. (AI image) Looking to pressurise Russia, the European Union is now looking to hasten its phaseout of Russian liquefied natural gas imports. The new plan aims to stop imports of Russia’s LNG ahead of its original 2027 deadline, following…
Pete Hoekstra (Image/X@USAmbCanada) and Donald Trump (AP image) The US ambassador to Canada Pete Hoekstra has voiced frustration over what he sees as growing anti-American sentiment in the country, including from political leaders, following US President Donald Trump’s decision to impose tariffs on much of the world.Speaking at a Halifax Chamber of Commerce event on…
Unlike IPOs (where investors benefit from listing gains if shares are priced below their fair value), NFOs are not available at a “discount”. (AI image) The flood of NFOs is not abating. Some 25 new funds were launched in August, and the rush has continued in September. Four NFOs are open right now, and seven…
