India is expected to ramp up its purchase of crude oil from the United Arab Emirates (UAE) in the coming months following discussions between the two countries on the sidelines of the ongoing COP28 summit in Dubai, multiple sources in the know said. The UAE has historically been India’s third-largest […]

An improved showing of mutual funds (MFs) is helping the industry attract distribution talent at a brisk pace. The industry has onboarded a net of 11,600 individual distributors in the first seven months of 2023-24 (FY24) compared to just 5,555 distributors in the whole of 2022-23 (FY23), according to data […]

After initially showing a lack of direction, stocks have moved mostly higher over the course of the trading session on Friday. The Dow has risen to its best intraday level since early 2022, while the S&P 500 has reached a new four-month intraday high. The major averages have seen further […]

‘MNCs now recognise India’s capacity for innovation and its pivotal role in substantive contributions to global product development.’ Indian global capability centres (GCCs) are increasingly emerging as a hub for leaders with global roles. Today, several leaders from Indian GCCs handle strategic global functions, reporting directly to the C-suite at […]

The weekly jobless claims and pending home sales might be the highlight on Thursday. Investors have their focus on major inflation readings. Early cues from the U.S. Futures Index suggest that Wall Street might open higher. Asian shares finished up, while European shares are trading higher. As of 7.10 am […]

Following the mixed cues from global markets overnight, Asian stock markets are also trading mixed on Thursday, as traders reacted to a raft of domestic economic data amid the lack of major cues from the global markets. They also await key U.S. inflation data later in the day for further […]

Taking key measures to reduce the power consumption of cooling equipment would cut at least 60 per cent of predicted greenhouse gas emissions from the cooling sector, according to a new report published during the COP28 climate talks in Dubai. The Global Cooling Watch report, titled ‘Keeping it Chill: How […]

Stocks are likely to move to the upside in early trading on Wednesday, adding to the modest gains posted in the previous session. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.5 percent. Ongoing optimism about the […]

Stocks moved moderately higher over the course of morning trading on Tuesday but have given back ground since then. The major averages have pulled back off their highs of the session and are once again lingering near the unchanged line. After climbing nearly 200 points to its best intraday level […]

Milpitas, California-based New India Bazar is recalling Maggi 2 Minute Noodles citing the possible presence of undeclared peanut, a known allergen, the U.S. Food and Drug Administration said. The recall involves 2,400 packets of Maggi 2 Minute Noodles 280g and 1,200 packets Maggi 2 Minute Noodles 560g with lot codes […]