Mumbai, April 7 (IANS) The Indian stock markets on Tuesday witnessed sharp losses in early trade, with equity benchmarks declining 1 per cent each amid uncertainty over a possible resolution to the West Asia conflict, ahead of a deadline set by US President Donald Trump to reopen the Strait of Hormuz.Sensex opened 372 points or 0.50 per cent lower at 73,734, while Nifty began the session at 22,838.Later in early trade, the 30-scrip basket declined as much as 1.11 per cent or 824.44 points, hitti…
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Mumbai, April 3 (IANS) Indian equity markets closed lower for the sixth consecutive week amid escalating geopolitical tensions in West Asia and sharp currency fluctuations, with both headline indices ending in the red during a shortened four-day trading week.Sensex ended at 73,319.55 on Thursday, down 263.67 points or 0.35 per cent, compared to the previous Friday’s close. Nifty 50 settled at 22,713.10, a decline of 106.50 points or 0.46 per cent on a week-on-week basis.In the final session of t…
New York, March 31 (IANS) A broker for US Defence Secretary Pete Hegseth explored a multimillion-dollar investment in defence stocks just weeks before a US-Israel strike on Iran.The broker at Morgan Stanley approached BlackRock in February about allocating funds into a defence-focused ETF tied to contractors like Lockheed Martin and Northrop Grumman. Such companies typically benefit from rising military spending amid geopolitical tensions and military activity, Xinhua news agency reported quotin…
New Delhi, March 31 (IANS) Gold and silver prices are likely to open higher in Tuesday’s evening session amid hopes of de-escalation in the West Asia conflict.Tracking global cues, spot gold jumped as much as 2.39 per cent to $4,619.14 per ounce as of 11 A.M., while US gold futures for June delivery gained 2 per cent to $4,649.26.Similarly, spot silver advanced 4.82 per cent to $73.48 per ounce, while COMEX silver traded at $73.705, up 4.44 per cent from the previous close.On Monday, MCX gold …
Mumbai, March 27 (IANS) Global crude oil prices remained highly volatile this week, with both the key benchmarks trading in negative on Friday.Brent crude futures fell as much as 2.29 per cent to $105.53 per barrel as of 9:40 am, while US WTI crude declined 2.54 per cent to $92.08.So far this week, Brent crude has dropped over 5 per cent, hovering near the $100 mark, while WTI crude has also fallen nearly 5 per cent to trade around $90.Meanwhile, the Indian rupee weakened by 28 paise to hit an a…
United Nations, March 25 (IANS) UN Secretary-General Antonio Guterres raised his diplomacy to end the Iran War, appointing a personal representative on Wednesday to support the mediation efforts. Guterres said he was hopeful that despite the differing positions of the sides in the conflict, “there will be a way in which they can come to an understanding to end this horrible conflict”.The picture of diplomacy to end the conflict, now in its fourth week, is murky.US President Donald Trump has …
Copenhagen, March 24 (IANS) People in Denmark are voting on Tuesday for a snap parliamentary election called by Prime Minister Mette Frederiksen, who is seeking a third term. The latest polls give the left-wing coalition behind Frederiksen a nine-seat lead over the right bloc. However, none of the two sides are projected to win a majority of the 179 seats in Denmark’s parliament, the Folketing, Euro News reported.Frederiksen, who has been in office since 2019, has been praised for her leadership…
New Delhi, March 24 (IANS) Leader of Opposition Rahul Gandhi on Tuesday launched a sharp attack on Prime Minister Narendra Modi, alleging that India’s foreign policy has become “compromised” and is being driven by personal considerations rather than national interest.Gandhi claimed that the country’s foreign policy has turned into the Prime Minister’s “personal foreign policy,” adding that its global perception has weakened. He said that world leaders, including US President Donald…
Mumbai, March 23 (IANS) The Irish band Kneecap has joined the list of people who are pointing guns at the US President Donald Trump. The band arrived in Cuba as part of an international aid convoy delivering essential humanitarian supplies, including medicine and portable solar panels. The group, known for its politically charged lyrics and activism, framed the visit as an act of solidarity with communities affected by longstanding economic restrictions and resource shortages. During their time …
New Delhi, March 22 (IANS) Pakistan is among the countries included in the ‘Board of Peace’, reportedly formed by US President Donald Trump to explore lasting peace solutions in the Gaza Strip. However, the country’s own record of religious persecution and alleged ‘nurturing’ of terror on its soil has raised concerns about its ability to play peacemaker in a region marred by intense hostilities over the past two years.A report by the Gatestone Institute has highlighted a series of incidents …