The ministry of petroleum and natural gas on Tuesday strongly rejected what it calls “fear-mongering” over the performance and safety of E20 fuel, a blend of 20% ethanol and 80% petrol, saying claims of drastic fuel efficiency loss and insurance issues are “misplaced” and “creating a false narrative.”In a detailed press release on Tuesday, the…
Wall Street charged towards record highs on Tuesday after fresh data showed inflation across the United States was slightly cooler than economists prediction, fuelling hopes that the Federal Reserve could cut interest rates in September.The S&P 500 climbed 0.85% or 54 points, looking set to surpass its all-time high reached just two weeks ago. The…
Experts believe Trump has not been able to effectively influence China with his trade war tactics. (AI image) US President Trump has extended the trade ceasefire with China by an additional 90 days, temporarily averting a potential economic confrontation between the world’s largest economies. Trump said he has been “dealing very nicely with China” as…
H-1B visa trouble: A growing number of Indian professionals in the US on H-1B visas are facing an unexpected and alarming threat of deportation landing on their doorsteps before the official 60-day grace period even runs out. Laid off and staring down the barrel of a possible permanent US ban, many say it feels like…
India has taken a significant step towards eco-friendly transportation with hydrogen-powered trains. Indian Railways is set to launch India’s first hydrogen-powered train! Railway minister Ashwini Vaishnaw on Tuesday shared a video post on social media platform X (formerly Twitter) showcasing a glimpse of the first hydrogen-powered train in India.India has taken a significant step towards…
India is widening its export focus to 50 countries, including key markets in West Asia and Africa, in a bid to lessen dependence on any single buyer and cushion the blow from steep US import tariffs.According to ET, these markets together account for about 90% of India’s total exports.Officials from the commerce and industry ministry…
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Monday signed an executive order extending a trade truce with China for another three months, averting the immediate threat of escalating tariffs and export controls that have rattled global markets. The pause, now set to last until November 10, gives Washington…
Asian stocks mostly gained on Tuesday, with Japan’s Nikkei 225 (.N225) hitting a fresh all-time record high after US President Donald Trump extended a tariff truce with China for another 90 days, a move that eased trade tensions between the world’s two largest economies and steadied oil prices. The Nikkei jumped as much as 2.8…
Gold price prediction: Gold is still caught in its nearly 12-week-old range of $3,250-$3,450. (AI image) Gold price prediction today: Gold rates are stuck in a range despite spurts of positive upside. Praveen Singh, Senior Fundamental Research Analyst- Currencies and Commodities at Mirae Asset Sharekhan shares his views on gold price outlook and what levels…
Analysts anticipate steady market conditions whilst monitoring developments regarding US tariff. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Tuesday. While Nifty50 was below 24,600, BSE Sensex was near 80,500. At 9:18 AM, Nifty50 was trading at 24,569.75, down 15 points or 0.062%. BSE…
