NEW YORK (AP) — U.S. stocks tumbled Thursday after a Federal Reserve official raised the possibility of delivering none of the cuts to interest rates this year that Wall Street has been banking on, if inflation worsens. The S&P 500 dropped 1.2% for its worst day in seven weeks. Earlier in the day, a gain … Read more
An Hour Ago Gold prices soar to record high on hopes of Fed cut Gold prices extended their rally on Monday, scaling to a new record. The optimism was helped by U.S. interest rate cut expectations and bullion’s appeal as a safe haven asset. Spot gold added 1.32% to trade at $2,265.53 per ounce. U.S. … Read more
THE HAGUE, NETHERLANDS – MARCH 23:Dutch Prime Minister Mark Rutte meets with the President of the People’s Republic of China Xi Jinping at the Catshuis March 23, 2014 in The Hague, Netherlands. (Photo by Valerie Kuypers-Pool/Getty Images Valerie Kuypers-Pool | Getty Images News | Getty Images China’s technological progress cannot be stopped, Chinese President Xi … Read more
Business News Live: Hello and welcome to ABP Live’s Business LIVE blog. Please follow this space for all the breaking news and latest updates from the Stock Market, economy, and the corporate world. The stock markets last week oscillated back and forth and finally settled in green, after recovering the losses made on the last … Read more
Tata Group To Move To 70 Per Cent Green Energy By 2030, Says N Chandrasekaran Tata Group said on Saturday that it plans to transition to 70 per cent renewable energy by the end of the decade. Addressing the XLRI-Xavier School of Management convocation in Jamshedpur, N Chandrasekaran, Chairman, Tata Sons, said, “Nation-building impulse is … Read more
TCS Shares Dip 3% As Tata Sons Divests 0.65% Stake Tata Consultancy Services (TCS) witnessed a significant drop of over 3 per cent in its share value during Tuesday’s morning trade, as Tata Sons, its promoter, offloaded approximately 2.3 crore shares, representing a 0.65 per cent equity stake in the IT services giant, through block … Read more
IDBI Capital Markets & Securities Settles Stock Broker Violation Case With SEBI IDBI Capital Markets & Securities paid Rs 13 lakh in settlement charges to markets regulator, SEBI, regarding alleged violations of stock broker norms. The firm opted to settle the instant proceedings started against it, without admitting or denying the findings in the matter. … Read more
SEBI Issues Relaxation In Norms For FPIs The Securities and Exchange Board of India announced on Friday a relaxation in norms for Foreign Portfolio Investors (FPIs). The markets regulators said that it is exempting additional disclosure requirements for FPIs with over 50 per cent of their India equity assets under management in a single corporate … Read more
“No billionaire should pay a lower tax rate than a teacher, a sanitation worker, a nurse,” he said Thursday. The plans, previously outlined in the president’s 2024 budget, reignited a decades-old debate over how best to account for the wealth of the world’s richest. The issue has taken on fresh significance this year, however, as governments … Read more
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