China took aim at the United States on Monday, sharply criticizing its 50% tariffs on Indian imports, calling the move “unfair, unreasonable” and making it clear that Beijing firmly opposes the move.China’s ambassador to India, Xu Feihong said that Washington has long taken advantage of free trade, but is now using it as a weapon.Speaking…
Infosys, India’s second-largest IT services company, on Monday said its board will consider a proposal for the buyback of equity shares on September 11, PTI reported.In a BSE filing, the company said, “…the Board of Directors of Infosys Limited will consider a proposal for buyback of fully paid-up equity shares of the company at its…
US stocks edged higher on Monday as investors prepared for a week packed with critical economic data that could influence whether, and by how much, the Federal Reserve adjusts interest rates at its next policy meeting in a week.The S&P 500 rose 0.3%, hovering just below the record level it reached last week. The Dow…
Amitabh Kant (FIle photo- PTI) IT services major HCL Technologies on Monday announced the appointment of Amitabh Kant as an independent director with effect from September 8, 2025.The company said in a statutory filing that the appointment, cleared by the Board and recommended by the Nomination and Remuneration Committee, is for a term of five…
India’s tourism and hospitality sector is projected to touch nearly $60 billion by 2028, driven by a sharp rise in domestic travel, according to a report by IDBI Capital.The study forecasts that domestic visitors will double from 2.5 billion in 2024 to 5.2 billion by 2030, clocking a compound annual growth rate (CAGR) of 13.4%….
Escalating prices of gold have contributed to the slowdown in gold purchases. (AI image) After aggressively buying gold in the last year, central banks around the world have now slowed down their purchases of the yellow metal. Central bank gold acquisitions have come down compared to last year, indicating a more measured stance amid global…
File photo: US President Donald Trump and China’s President Xi Jinping (Picture credit: AP) China’s exports expanded in August but missed forecasts, weighed down by a sharp fall in shipments to the United States despite gains in Europe and Southeast Asia, official data showed Monday.According to news agency AFP, overall exports rose 4.4% year-on-year, lower…
Artificial Intelligence (AI) data centres could emerge as major consumers of global water resources in the next few years, according to a report by Morgan Stanley. The report, as cited by news agency ANI, projected that annual water use for cooling and electricity generation may rise to around 1,068 billion litres by 2028, an 11-fold…
File photo (Picture credit: AP) Asian markets opened the week on a firm note on Monday, with Tokyo leading gains after Japan’s Prime Minister Shigeru Ishiba announced his resignation, sending the yen lower and boosting exporters. At the same time, oil prices edged higher as Opec+ signalled a slower pace of output increases.Tokyo’s Nikkei index…
Streamlined GST structure coupled with robust domestic economic indicators should sustain market momentum in the immediate future. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in green on Monday. While Nifty50 was above 24,800, BSE Sensex was up almost 200 points. At 9:17 AM, Nifty50 was trading at…
