Business

[ad_1] NEW DELHI: Google has reached a settlement with the Competition Commission of India (CCI) in a case involving alleged unfair business practices in the Android TV segment. As part of the settlement, Google has agreed to pay Rs 20.24 crore to the regulator, according to news agency PTI. This marks the first case to…

[ad_1] US stocks opened the week in negative territory on Monday as investors kept a close watch on developments in President Donald Trump’s trade negotiations. Persistent uncertainty surrounding trade deals and tariffs dragged key indexes lower, with technology shares leading the losses.At 9:32 a.m. ET, the Dow Jones Industrial Average was down 354.47 points, or…

[ad_1] Indian stock markets maintain a close correlation with the US stock markets, Goldman Sachs has said in a recent analysis. According to Goldman Sachs, whilst India’s economy remains comparatively protected from US economic deceleration, the stock markets of both nations demonstrate significant interconnectedness.The analysis emphasised that India’s economy exhibits reduced vulnerability to American slowdowns…

[ad_1] Klaus Schwab (Photo credit- WEF) Klaus Schwab, the founder and long-time face of the World Economic Forum (WEF), has stepped down as Chairperson and member of its Board of Trustees with immediate effect, the Geneva-based organization announced on Monday.In a message to the board, Schwab said, “Following my recent announcement, and as I enter…

[ad_1] Marcellus Investment CEO Saurabh Mukherjea (File photo from Marcellus website) White-collar employment, long considered the backbone of India’s growing middle class, is undergoing a significant decline, according to prominent investment strategist Saurabh Mukherjea. The founder and chief investment officer of Marcellus Investment Managers warns that stable, salaried jobs are no longer a sustainable model…

[ad_1] NEW DELHI: In a significant shift towards more frequent economic data dissemination, the Central government will begin releasing unemployment figures on a monthly basis starting May 15, a senior official from the Ministry of Statistics and Programme Implementation announced on Monday.According to PTI, the initial release will cover data for the months of January,…

[ad_1] President Trump’s tariff shock has forced China to rethink its trade ties with India. Donald Trump’s return to the White House has meant a return to the economic weapon he loves best: Tariffs. In his latest salvo against China, the president has raised levies on nearly all Chinese imports, in some cases up to…

[ad_1] Photo: Ministry of Finance Nirmala Sitharaman, the Union minister for finance and corporate affairs has emphasized that India’s growth potential is recognised by institutions like World Bank and International Monetary Fund. India’s importance in supporting global trade was also highlighted by Sitharaman.FM Sitharaman is on a visit to US and Peru, where she would…

[ad_1] Gold rate today: Gold prices for June futures on the Multi Commodity Exchange (MCX) witnessed a significant rally on Monday, soaring by Rs 1,500 or 1.4 per cent to reach an all-time high of Rs 96,747 per 10 grams.Silver May futures also followed suit, rising by Rs 693 or 0.73 per cent to settle…

[ad_1] Bitcoin rebounded, reaching its peak level since Trump’s “Liberation Day” tariff declarations, whilst the dollar weakened due to growing concerns about the US president’s attempts to dismiss Federal Reserve Chairman Jerome Powell.The premier cryptocurrency‘s value increased approximately 3 per cent to exceed $87,600 on Monday morning in Singapore, as Bloomberg’s data indicated. This recovery…