Asian equities opened subdued after US stocks set a new high, lifted by data underscoring economic strength ahead of the Federal Reserve’s favored price gauge due Friday. Shares opened lower in Japan and Australia while South Korea climbed. Oil fell 0.6% after gaining in the previous session on waning prospect of a peace agreement between…
A delegation from the Federation of Indian Export Organisations (FIEO), led by President S C Ralhan and including Vice President Ravikant Kapur, Director General & CEO Ajay Sahai, Director Israr Ahmed of Farida Group, and Pankaj Chadha, Chairman of EEPC, met Finance Minister Nirmala Sitharaman on Thursday. The delegation briefed the finance minister on the…
Tech giants Apple and Samsung have sent legal notices to Xiaomi after the Chinese smartphone maker ran advertisements directly comparing its latest flagship with their premium devices. According to people familiar with the matter, both companies have issued cease-and-desist notices, objecting to what they see as ‘disparaging content’ in Xiaomi’s campaign. A cease-and-desist notice is…
Despite a slowdown in early August, the rainfall from India’s South-West monsoon in the year is 4 per cent above the long-period average (LPA), a report said on Thursday. This has led to a 3.4 per cent increase year-on-year (YoY) in kharif sowing, with foodgrains showing the sharpest rise of 6.2 per cent in terms…
An IndiGo flight from Surat to Dubai carrying around 150 passengers was diverted to Ahmedabad on Thursday morning after the aircraft developed a technical problem. The flight, which took off from Surat at 9:30 am, landed safely at Sardar Vallabhbhai Patel International Airport in Ahmedabad about an hour and a half later. Airport officials confirmed…
The Karnataka High Court will hear petitions challenging the recently enacted ban on online money gaming on August 30. Major gaming company A23 has challenged the law, with senior advocates C Aryama Sundaram and Dhyan Chinnappa requesting an urgent hearing. The Promotion and Regulation of Online Gaming Act, 2025, which received President Droupadi Murmu’s approval…