Investor participation in India has shown consistent growth even as stock markets aligned with the global downturn over ongoing tariff tensions.By the end of February 2025, the total number of registered investors had crossed 11.2 crore, with 11.3 lakh new investors added in just that month, latest data by the National Stock Exchange revealed. It…
Hyderabad based pharma giant Dr. Reddy’s laboratories firmly rejected media reports claiming that the company major is slashing workforce related costs by 25 per cent.The company’s response came after media reports surfaced alleging that the drug producer was planning to reduce manpower costs amid margin pressures. Media reported, citing sources, also alleged that high-earning employees…
US stocks rallied as investors welcomed a surprise move by President Donald Trump to temporarily exempt key technology products from new tariffs. The exemption, which includes smartphones, computers, and semiconductors gave a major lift to tech-heavy indices and set a bullish tone for the start of the week.At 9:37 am GMT, the Dow Jones Industrial…
Indian investors suffered a massive bloodbath at Dalal street, with the market capitalisation of BSE-listed companies falling by a staggering Rs 11.30 lakh crore since the beginning of April. The downfall was triggered by ongoing tariff concerns fueled by a series of aggressive tariff announcements between the United States and China.Since April 2, the BSE…
China has warned the UK government to treat the Chinese owners of British Steel fairly or risk undermining investor confidence in the country, two days after British authorities took control of the company.China’s Foreign Ministry made the comment on Monday as government-appointed managers raced to prevent British Steel from shutting down the last two blast…
World markets advanced sharply on Monday after US President Donald Trump announced a temporary exemption on electronics—including smartphones, laptops, and computer chips—from new tariffs, offering relief to technology companies and boosting investor confidence.In early European trading, Germany’s DAX surged 2.4% to 20,857.54, France’s CAC 40 rose 2% to 7,245.28, and the UK’s FTSE 100 climbed…
Mehul Choksi (AP file photo) NEW DELHI: After years on the run, fugitive diamond merchant Mehul Choksi was arrested in Belgium on Saturday. While Indian probe agencies are trying to extradite him to India, Choksi’s legal team has already begun preparing to challenge India’s request for his return.His lawyer, Vijay Aggarwal, said that Choksi’s detention…
Mehul Choksi (File photo) NEW DELHI: Fugitive diamond merchantMehul Choksi, wanted in connection with PNB scam of around Rs 14,000 crore, was arrested on Saturday in Belgium after a renewed extradition push by Indian probe agencies.His arrest came after years of evading authorities since he fled India in 2018.Choksi, 65, was reportedly detained from a…
Mehul Choksi (File photo) NEW DELHI: Absconding diamond merchant and key accused in PNB scam case, Mehul Choksi, was arrested in Belgium on Saturday. However, Indian probe agencies may face a tough road ahead in securing his extradition, as Choksi is expected to cite health reasons in court to resist being brought back to India.The…
NEW DELHI: Terminal 2 of Delhi Airport will be shut for repairs on April 15 for about four months and Terminal 1 will finally start operating at 100% capacity. Airlines operating flights from this all-domestic terminal will shift to T1. These include IndiGo and Akasa among others.In a statement, IndiGo said ” effective April 15,…
