File photo: Xiaomi founder Lei Jun shows the Xiaomi YU7 at a launch event held in Beijing (Picture credit: AP) Chinese tech giant Xiaomi stunned the electric vehicle (EV) market on Thursday night after it received an overwhelming response to the launch of its new electric SUV, the YU7, clocking 289,000 pre-orders within the first…
Gold price prediction: A gap-down movement in the last few sessions, combined with soft momentum indicators, supports a Sell on Rise strategy for today’s trade. (AI image) Gold price prediction today: Gold rate has been dipping for the last few days and the Iran-Israel ceasefire has quietened the sentiment for safe haven assets. Where are…
US President Donald Trump and Prime Minister Narendra Modi (File Image) NEW DELHI: Trade talks between India and the US appear to be back on track, as President Donald Trump hinted that a “very big” agreement with India will be forthcoming soon. In a presser at the White House, Trump said, “Everybody wants to make…
Top stocks to buy today (AI image) Stock market recommendations: According to Bajaj Broking Research, Tata Steel, and Lloyds Engineering Works are the top stock picks for today. Here’s its view on Nifty, Bank Nifty and the top stock picks for June 27, 2025:Index View: NiftyIn recent weeks, the Nifty index has showcased remarkable resilience,…
A battered dollar is taking another beating as investors, unnerved by fresh signs of an erosion in US central bank independence, waste no time in pushing the greenback back to its lowest levels in over three years.US President Donald Trump on Wednesday called Federal Reserve Chair Jerome Powell “terrible” in his latest attack on the…
MUMBAI: Startups gearing up to go public are setting their financials in order – cutting losses and chasing profitability. IPO-bound Urban Company reported its first full year of profitability in FY25, the firm said in its annual report last week. Although much of the profits – Rs 240 crore on a consolidated basis – came…
MUMBAI: Three initial public offers (IPOs) that closed on Thursday, together eyeing to garner Rs 2,562 crore, received bids aggregating nearly Rs 22,500 crore. Globe Civil Projects with an IPO size of Rs 119 crore was subscribed 86 times, Ellenbarrie Industrial Gases’ Rs 853-crore offer was subscribed 22 times while Mumbai-based real estate major Kalpataru’s…
NEW DELHI: A team of Indian officials is in the US for talks on a bilateral trade deal as two sides seek to narrow gaps.Sources told TOI that the team is led by India’s chief negotiator Rajesh Agarwal. Farm sector has emerged as one of the contentious areas with govt not keen to offer tariff…
US stocks opened in green on Thursday, drifting toward the brink of another record. The S&P 500 reached 6,115.94, edging up 23.78 points or 0.39%, reaching closer to its record high last set in February. The Dow Jones Industrial Average also climbed 167.74 points or 0.39%, trading at 43,150.17. Nasdaq Composite, too followed the suit,…
Zohran Mamdani (AP photo) The possible victory of Zohran Mamdani, the 33-year-old democratic socialist, in the upcoming New York mayoral polls has people on Wall Street worried. In Manhattan’s financial district, pessimistic predictions are circulating. According to Wall Street recruitment specialist Michael Nelson, his clientele, typically earning above $1 million annually, express serious concerns.“This will…
