US stocks fall; defence shares surge amid conflict. Wall Street witnessed a sharp downturn as ten of the eleven S\&P 500 sector indices ended in the red. The financial sector led the losses with a steep 2.06% decline, while the information technology sector followed closely, falling by 1.5%. This widespread weakness reflected investor concerns amid […]
US stocks fall; defence shares surge amid conflict. Read More »
Turkey’s Celebi Aviation Sues India Over Revoked Security Clearance Amid India-Pakistan Tensions Background of Celebi Aviation and Its Operations in India Founded in Turkey in 1958, Celebi Aviation has established itself as a significant player in the global airport services industry. The company initially began its journey by offering ground handling services at Istanbul Atatürk
Seoul shares fall after Trump’s tariff decision. dollar, remaining unchanged from the previous session. Despite fluctuations in the broader financial market, the exchange rate held steady as investors assessed global economic conditions. Market analysts noted that concerns over potential U.S. tariff policies and geopolitical tensions contributed to cautious trading sentiment. Meanwhile, South Korea’s central bank
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China imposes retaliatory tariffs on US imports. China has announced a series of retaliatory measures against the United States after the latter doubled import duties on Chinese goods. In addition to imposing tariffs, China has implemented export and investment restrictions on 25 American firms, escalating tensions between the two economic giants. Beijing’s decision comes in
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Rupee drops 19 paise, closes at 87.37/USD. India’s foreign exchange reserves saw a significant boost, rising by USD 4.758 billion to reach USD 640.479 billion for the week ending February 21, 2025, according to the latest data. This increase marks a continued upward trend in forex reserves, reflecting the stability and strength of India’s external
“Adani Group plans ₹30,000 crore Kerala investment” The Adani Group is set to invest ₹30,000 crore in Kerala over the next five years, further strengthening its presence in the state. A significant part of this investment is directed towards the development of the Vizhinjam port, a strategic project aimed at enhancing maritime trade and connectivity.
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Stock market falls as Trump threatens tariffs. New tariffs on all steel and aluminium imports are set to take effect from Monday (US time), marking a significant escalation in trade restrictions. The initial round of tariffs will impose a 25% duty on steel and aluminium imports from all countries, with additional import duties anticipated later
Budget 2025: No tax up to ₹12L, new slabs In Budget 2025, the government announced a major tax relief, stating that no income tax will be payable on a normal annual income of up to Rs 12 lakh. This move aims to provide financial relief to middle-class taxpayers and boost disposable income. Additionally, revised tax
Economic Survey 2025: 5G rollout boosts India’s connectivity. Economic Survey 2025 LIVE: The Economic Survey projects India’s GDP to grow between 6.3% and 6.8% in the fiscal year 2025-26, reflecting strong economic momentum. The survey highlights key drivers such as robust domestic demand, increased infrastructure investment, and continued expansion in manufacturing and services sectors. Additionally,
Economic Survey 2025: 5G rollout boosts India’s connectivity. Read More »
Telangana secures ₹45,500 crore Sun Petrochemicals investment. Sun Petrochemicals’ planned investment of ₹45,500 crore in Telangana marks a significant milestone for the state’s industrial growth. This ambitious project is poised to create substantial employment opportunities, with over 7,000 jobs expected during the construction phase alone. The investment highlights Telangana’s appeal as a hub for large-scale
Telangana secures ₹45,500 crore Sun Petrochemicals investment. Read More »
