Business

Forget TACOs and memes, we’re in the era of the YOLO trade. War, tariffs, a spending bill that adds to the ballooning U.S. deficit. There have been no shortages of major worries for the market lately, and yet stocks seem to continually shrug off each new worry, with the S&P 500 trading comfortably over 6,000…

NEW DELHI: Close on the heels of ED’s controversial summons to senior advocates Arvind Datar and Pratap Venugopal, SC on Wednesday said probe agencies or police could not issue notices or summons to lawyers, merely because they appeared for an accused or gave legal advice. Staying Gujarat police SC/ST cell’s notice to the advocate of…

“Yun Hi Chala Chal Raahi, Kitni Haseen Hai Yeh Duniya…” That philosophical road song from Shahrukh Khan-starrer ‘Swades’ is what Group Captain Shubhanshu Shukla listened to before heading to the launchpad at Kennedy Space Center in Florida for the lift-off on Wednesday.There is an old tradition at Nasa that when astronauts say goodbye to their…

By Patturaja Murugaboopathy June 25 – U.S. long-term bond funds drew massive inflows in May, reversing April’s drawdown and indicating investors sought the safety of higher-yielding debt, as they weighed a host of uncertainties around trade tariffs, inflation and fiscal deficits. According to Morningstar data, U.S. long-term bond funds attracted $7.4 billion in May, their…

DHARAMSHALA/KULLU: Two bodies were pulled out from a debris-laden Manuni Khad stream near Dharamshala in Himachal Pradesh, feared to be among 15-20 workers missing from a private hydroelectric project after a cloudburst unleashed flash floods at the site Wednesday afternoon.As the monsoon set in over the region, torrential rain battered Himachal – leading to swollen…

ITR: For salaried individuals, Form 16 is a crucial document for filing the income tax return (ITR). As per the regulations, employers must file their e-TDS return for the January–March quarter by 31 May. After filing, they must issue Form 16 to employees within 15 days, making 15 June the final deadline for issuing Form…

The holy city, the abode of Mahaprabhu Jagannath, Puri, is ready for the Rath Yatra. It is a journey of faith for millions of devotees coming from across the globe. And Bhartiya Rail is at the service of these pilgrims, facilitating their overall experience in Shreekshetra Puri.Last 11 years have been historic for Odisha’s railway…

US recession probability seen at 40% in second half of 2025 Bearish outlook on the dollar due to slower US growth But Tech and AI likely to keep supporting US stocks NEW YORK, – U.S. trade policies will likely slow down global economic growth and rekindle inflation in the United States, where there is a…

People gather inside the National Stock Exchange (NSE) in Mumbai. File. | Photo Credit: Reuters The National Stock Exchange of India has offered to pay the country’s markets regulator ₹13.88 billion ($160 million) to settle a legal dispute so it can proceed with a long-delayed initial public offering, three sources said. The sum is set…

The federal agency charged with protecting workers’ civil rights has terminated a New York administrative judge who opposed White House directives, including President Donald Trump’s executive order decreeing male and female as two “immutable” sexes. In February, Administrative Judge Karen Ortiz, who worked in the U.S. Equal Employment Opportunity Commission’s New York office, called Trump’s…

(Bloomberg) — Hong Kong’s de facto central bank bought the local dollar to prop it up on Thursday, in a move to defend the city’s currency peg to the greenback.  The Hong Kong Monetary Authority purchased HK$9.42 billion ($1.2 billion) of local currency against the US dollar, after the exchange rate touched the weak end…

On the day its Ax-4 mission put India’s Group Captain Shubhanshu Shukla in space, Houston-based Axiom Space announced a partnership with Indian space startup Skyroot Aerospace to jointly expand access to low-Earth orbit. Axiom signed a Memorandum of Understanding (MoU) with Skyroot, opening the door for deeper collaboration between the two private space firms. The…

(Writes throughout with auction results, analyst quote, context) NEW YORK, June 25 (Reuters) – Yields on benchmark U.S. Treasuries were slightly lower on Wednesday afternoon, as oil prices rose and markets assessed the timing of potential interest rate cuts. Yields on the longer-term Treasuries rose during the day, but receded in afternoon trading. The U.S….

MORADABAD: A young girl named Vashi, who had attended Uttar Pradesh chief minister Yogi Adityanath‘s ‘Janta Darshan’ in Lucknow to seek his help for school admission, has now been enrolled. Grateful that her wish was fulfilled, Vashi thanked the chief minister.While interacting with the press, she said. “I asked him to enrol me in a…

The agenda for the Goods and Services Tax (GST) Council at its next meeting will include deliberations on minimising the 12% tax slab and also finalising the tax treatment on service intermediaries, which could provide the sector relief worth thousands of crores, according to informed sources. Further, while the meeting was initially supposed to be…