Kabul, May 11 (IANS) At least four people were killed and 32 wounded in clashes across Badakhshan province in northeastern Afghanistan, local media reported on Monday. The clashes were reportedly a result of growing tensions among Taliban forces, local residents and armed opposition activity.“The clashes stemmed from separate disputes involving poppy cultivation, control of mining sites and what sources described as armed resistance against the Taliban,” Afghan media outlet Amu TV reported.T…
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Mumbai, May 3 (IANS) India’s benchmark indices Nifty and Sensex are expected to remain range-bound in the near term, with a slight bullish undertone in Nifty but continued caution in the broader market, according to experts on Sunday.The Nifty began the week on a positive note with a modest gap-up and largely moved within a narrow range — reflecting a consolidation phase.Despite struggling for most of the week to hold above its short-term averages, the index eventually managed to close above …
New Delhi, April 24 (IANS) Global smartphone system-on-a-chip (SoC) shipments declined 8 per cent year-on-year in Q1 2026, a report showed on Friday.The ongoing memory crunch is impacting both smartphone OEMs and SoC vendors’ new product development while forcing them to optimise their product portfolios, said the report by Counterpoint Research.The premium segment has remained relatively resilient, with higher costs largely passed on to end consumers. Meanwhile, the entry-level OEMs are incre…
Mumbai, April 12 (IANS) After staging a sharp rebound following six straight weeks of decline, the Indian stock market is heading into the new week with cautious optimism. While hopes of easing geopolitical tensions and a stable domestic macroeconomic backdrop lifted investor sentiment, global cues, corporate earnings, and currency movements are expected to dictate the market’s direction in the coming days.In the previous week, both the Indian equity indices witnessed a strong recovery, with b…
Mumbai, April 11 (IANS) Indian equity benchmarks closed in green for the second consecutive week, amid huge short covering due to the US-Iran ceasefire.Nifty gained 5.89 per cent during the week and added 1.16 per cent on the last trading day to reach 24,050. At close, the Sensex was up 918 points or 1.20 percent at 77,550. It gained 5.77 per cent during the week.Both indices showed strengthening momentum and improved investor confidence.Bank Nifty overperformed the broader market, closing at 55…
New Delhi, April 10 (IANS) Gold and silver prices witnessed a decline of around 1 per cent on Friday on the Multi Commodity Exchange (MCX), as investors booked profits amid easing safe-haven demand.MCX gold declined 0.56 per cent to hit an intra-day low of Rs 1,52,561 per 10 grams, while silver futures (May 5) plummeted 0.7 per cent by logging an intraday low of Rs 2,42,067 per kg against the previous close.The yellow metal touched an intraday high of Rs 1,52,990, a decrease of 0.28 per cent or …
Washington, April 6 (IANS) President Donald Trump signalled potential large-scale strikes on Iranian infrastructure if Tehran does not comply with US demands, outlining a hardline stance in an interview with The Wall Street Journal.Trump warned that Iran could face widespread destruction of key assets, including power plants and bridges, if it fails to act within a set timeline.“If they don’t do something by Tuesday evening, they won’t have any power plants and they won’t have any bridge…
Mumbai, April 4 (IANS) HDFC Bank on Saturday reported a widening gap between credit and deposit growth in the March quarter, as strong loan expansion continued to outpace relatively slower deposit mobilisation, keeping the bank’s credit-deposit ratio elevated.The bank’s gross advances rose around 17 per cent year-on-year (YoY) to nearly Rs 25 lakh crore as of March 31, compared to about Rs 21.4 lakh crore a year ago, according to an exchange filing.On a sequential basis, loan growth remained…
New Delhi, April 2 (IANS) The Indian Rupee saw its biggest single-day gain in nearly 13 years on Thursday, closing at 93.10 against the US dollar, as authorities stepped up efforts to curb currency speculation.The sharp rally came after the Reserve Bank of India tightened rules in both domestic and offshore markets.”The move was largely driven by improved risk sentiment following US President Donald Trump’s speech, which hinted at negotiations rather than escalation, triggering a relief rally….
New Delhi, March 30 (IANS) Gold and silver prices witnessed sharp losses on Monday, tracking declines in global bullion markets amid fading hopes of a US Federal Reserve rate cut and rising inflation concerns.On the Multi Commodity Exchange (MCX), gold contracts for June 5 delivery opened 0.27 per cent lower at Rs 1,46,850 per 10 grams, as against the previous close of Rs 1,47,255. The yellow metal declined sharply during the session, falling as much as Rs 3,043, or 2.06 per cent, to hit an intr…