Reliance Industries Limited (RIL) stock tumbled 5% on Tuesday, falling to an intraday low of Rs 1,497.05 on the Bombay Stock Exchange. The share price plunged after RIL denied a Bloomberg report claiming that its Jamnagar refinery will be receiving three ships of Russian crude oil.On the BSE, the stock closed at 1507.70, shedding 69.75…
Americans may have enjoyed some short-term relief in 2025, as President Donald Trump’s tariffs did not immediately drive up living costs. But for 2026 could bring a different picture, economists have warned, with prices expected to rise as businesses start passing the additional tariff costs on to consumers.Last year, United States collected $187 billion more…
This is a representative image. India’s services sector lost momentum at the end of 2025, with growth moderating in December as incoming demand softened and companies held back on hiring, according to a monthly survey released on Tuesday. The seasonally adjusted HSBC India Services PMI Business Activity Index declined to 58.0 in December from 59.8…
What if someone knows what is about to happen and bets on it? This is just what many people are wondering after a mystery trader walked away with a payout of more than $436,000 from an online prediction market, after US announced the capture of Venezuela’s former President, Nicolas Maduro, according to CBS news.An anonymous…
The United States has tightened the noose for foreign travellers looking to enter the country. The Trump administration has now widened a visa rule that requires applicants from certain countries to post a hefty financial bond, adding 7 more countries to the list.The changes, were made without a formal which were reflected in a notice…
Rupee began strong on Tuesday, strengthening by 18 paise to 90.12 against the US dollar, snapping its four-day losing streak.The currency’s rebound comes a day after it ended lower on Monday, closing at 90.30 against the greenback amid ongoing geopolitical uncertainty and weak domestic equities. According to traders, after the American military operation in Venezuela,…
Asian stock markets mostly rose on Tuesday as investors took confidence from a record-setting start to the year on Wall Street, where AI-led technology stocks continued to boost investor sentiment.In Hong Kong, HSI added 448 points or 1.7% to 26,795. Nikkei also traded higher, gaining 358 points or 0.69%. Shanghai and Shenzhen also surged 1%…
General Motors reported a dip in fourth-quarter US auto sales Monday, reflecting a sharp decline in electric vehicle transactions amid a broader slowing car market.But the US auto giant also achieved an annual sales increase, pointing to growth in pickups and crossovers sales as evidence of resonance with consumers despite offering lower incentives than the…
Copper touched $13,000 a ton for the first time, extending last year’s scorching rally as mine outages and trade dislocations fuel concerns over supplies of the key industrial metal. Benchmark futures rallied as much as 4.3% in London. A strike at the Mantoverde mine in Chile was just the latest supply disruption at a time…
MUMBAI: London-based private equity (PE) firm Apax Partners has picked up an over 35% minority stake in iD Fresh Food in a deal pegged at more than Rs 1,500 crore, said people aware of the matter. As part of the transaction, Apax Partners has acquired some stakes from the company’s existing shareholders Premji Invest and…
