Korean Air on Monday announced a record-breaking $50 billion order for 103 Boeing aircraft and GE Aerospace engines and servicing, coinciding with South Korean President Lee Jae Myung’s visit to Washington. The purchase marks the largest in the carrier’s history, as per Reuters.The order includes a mix of 787s, 777s and 737s worth about $36.5…
Gold became more expensive in the national capital on Tuesday, as the prices surged by Rs 600 to Rs 1,00,770 per 10 grams, supported by a weaker rupee and firm global trends, according to the All India Sarafa Association. The metal of 99.9% purity had settled at Rs 1,00,170 per 10 grams on Monday.Gold of…
India’s readymade garment industry is bracing for a tough fiscal ahead, with revenue growth forecast to slow to just 3-5% over the period, nearly half the pace seen last year.This slowdown hurt credit indicators for industry players and led to weaker profitability, according to a recent report by Crisil Ratings. PM Modi’s Defiant ‘MAKE IN…
Top IT service firms in the country are diversifying beyond the core US market, opening new centres and making acquisitions in Australia, the Middle East, the Nordics and India.With technology spending on the rise in these geographies, software service providers are setting up nearshore centres to meet local demand and cushion themselves from US market…
HDFC Bank, India’s largest private sector lender by market value, experienced a technical price adjustment on Tuesday as its shares commenced trading ex-bonus on the NSE and BSE, following the implementation of its 1:1 bonus share distribution.The bank’s decision to issue one additional equity share for every existing share was intended to enhance trading liquidity…
Indian refiners, who are major purchasers of Russian crude oil, intend to reduce their imports in the coming days. (AI image) Indian refiners’ crude oil procurement from Russia is set to reduce in the coming weeks, albeit modestly. The move comes at a time when the Donald Trump administration has imposed a 25% additional tariff…
Toshihiro Suzuki after PM Modi launched the export programme of Maruti Suzuki India’s first electric vehicle e VITARA Japanese car manufacturer Suzuki Motor Corporation, on Tuesday, announced plans to invest Rs 70,000 crore in India over the next five to six years to enhance its operations in the country, as said by Representative Director and…
Top stocks to buy today (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Sun Pharma, and Bharti Airtel are the top stocks to buy today:Sun Pharma – Buy in the range between Rs 1652 & Rs 1665; Stop Loss: Rs 1616; Target: Rs 1720Sun…
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump has claimed that the United States holds overwhelming leverage over China, even suggesting that if he chose to use it, he could “destroy” the world’s second-largest economy.Speaking in the Oval Office on Monday before a bilateral meeting with South Korean President Lee…
India’s inflation index is set for its biggest makeover in years, with the government preparing to pull price data straight from e-commerce platforms such as Amazon and Walmart-owned Flipkart. The plan marks a decisive shift in how retail inflation will be measured — bringing online shopping, streaming services and digital airfares into the equation.Officials say…
