Crude oil eases (representative image) Oil prices edged lower on Tuesday, extending the previous session’s losses, after US President Donald Trump said military action against Iran was not necessary “at this point”. His remarks eased concerns over prolonged disruptions to oil supplies from the Middle East.Brent crude futures fell 24 cents, or 0.23%, to $92.33…
File photo: Noel Tata and N Chandrasekaran MUMBAI: Fresh from Italy, where Tata Motors announced the acquisition of commercial vehicle maker Iveco, Tata Sons chairman N Chandrasekaran invited Mehli Mistry, the late Ratan Tata’s confidant and a trustee of the Tata Education and Development Trust, to Bombay House on Thursday.Coming just days after the two…
MUMBAI: For the second time in 10 years, sensex and Nifty both closed lower during the special hour-long trading session on Diwali which marked the start of Samvat year 2083, one of the Hindu calendars which is followed by the Gujarati trading community who dominate the city’s share market.In Sunday’s low-volatility, low-volume trading session, sensex…
Cost of poultry feed ingredients, including maize and broken rice, has climbed 30-45%. (Image for representative purpose only) Your meal costs may go up in December as egg and chicken prices could rise by 25-30%. This is because the cost of poultry feed ingredients, including maize and broken rice, has climbed 30-45% over the past…
Nvidia announced the probe on Sunday, following Huang’s admission that he had been intimate with a business executive. (Image for representative purpose only) Nvidia, one of the most valuable listed companies in the world, is in the eye of the storm with the company launching an investigation into reports that its chief executive, Jensen Huang,…
Nvidia has grown into one of the world’s most valuable businesses and a key supplier to major technology companies Nvidia shares plunged over 8% in opening trade on Monday after an internal investigation was announced into whether chief executive Jensen Huang had been targeted by a foreign intelligence operation triggered concerns about his future at…
The commission rejected the bank’s contention that the locker had been surrendered on May 21, 2005. (AI image for representative purpose) Can your bank locker be surrendered without you being aware? And is the bank liable then for items you claim were in the locker that was surrendered without your knowledge?In one such case, a…
BENGALURU: Cheaper Scotch is putting Indian whisky makers under pressure, even as lower import duties offer savings to companies that use it in their blends. For small distillers that make their own spirits, an imported label can now cost substantially less than a locally made bottle.Huli’s rice malt whisky was launched in Karnataka at Rs…
V K Vijayakumar, chief investment strategist at Geojit Investments, attributed the recent market rally to a combination of favourable domestic and global factors, including increased buying by foreign institutional investors (FIIs), attractive valuations, lower crude oil prices and a decline in US bond yields. He also pointed to the winding down of the AI trade…
Global food prices lost some ground in October, with cheaper cereals, dairy products and meat pulling down the overall index despite a sharp rise in sugar prices. The decline came amid subdued international demand and expectations of higher supplies of some key food commodities, according to the Food and Agriculture Organization of the United Nations…
