A collapse of US-China trade talks and hike in tariffs on Chinese goods would push the world economy towards recession and see the Federal Reserve cut US interest rates back to zero within a year, analysts at Morgan Stanley said on Monday.
While a temporary escalation of trade tensionsRead More
A day after polling concluded, insurance regulator IRDAI proposed an increase in third party (TP) motor insurance premium rates for various categories of automobiles from cars, two-wheelers and school buses to trucks. The upward revision proposed for cars is in excess of 14% — forRead More
Leaders of Opposition parties will meet Election Commission (EC) officials on Tuesday to urge the panel to spell out the mechanisms to address any mismatch between voter-verified paper audit trail (VVPAT) and electronic voting machine (EVM) tallies during the counting of votes onRead More
Andhra Pradesh chief minister N Chandrababu Naidu, the prime driver of the proposal to rush to President Ramnath Kovind to apprise him of the contours of the opposition alliance, may scrap the plan after his meeting with Bengal chief minister Mamata Banerjee.
The Trinamool CongressRead More
With exit polls unanimous in predicting a clear majority for the BJP-led NDA and continuation of the Narendra Modi-led government, traders and investors cheered on Dalal Street on Monday. The sensex rallied 1,422 points — its highest single-day gain in over a decade and theRead More
National carrier Air India, which had commenced direct services from Mumbai to New York’s John F Kennedy airport in December 2018, has decided to discontinue the flights, reportedly owing to poor demand.
AI officials said the Mumbai-New York flight operation was causing losses toRead More
The US military said one of its warships sailed near the disputed Scarborough Shoal claimed by China in the South China Sea on Sunday, a move likely to anger Beijing at a time of tense ties between the world’s two biggest economies.
The busy waterway is one of a growing number ofRead More
US President Donald Trump has warned Iran "never" to threaten the US again, saying if Tehran wants to fight, that will be the "official end" of the Iranian regime.
"If Iran wants to fight, that will be the official end of Iran. Never threaten the United StatesRead More
Google has barred phone maker Huawei from some updates to the Android operating system, dealing a blow to the Chinese firm. New designs of Huawei smartphones are set to lose access to some Google apps.
The move comes after the Trump administration added Huawei to a list of companiesRead More
Stocks added Rs. 3,18,000 crore to investor kitty on Dalal Street on Monday, as a landslide victory for NDA projected by exit polls in just concluded elections came in better than market expectations.
Within 60 seconds into trading, the market value of all BSE companies together,Read More